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Morningstar

Robinson Opportunistic Income Instl RBNNX

Morningstar Medalist Rating
Medalist Rating as of | See Liberty Street Investment Hub
  • NAV / 1-Day Return 9.69  /  +0.31 %
  • Total Assets 10.7 Mil
  • Adj. Expense Ratio
    2.150%
  • Expense Ratio 2.180%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.72%
  • Effective Duration 0.16 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis RBNNX

Will RBNNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RBNNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RBNNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RBNNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Robinson Opportunistic Income Instl to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings RBNNX

More RBNNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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5.00 584,805
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Brookfield Real Assets Income Fund Inc.

4.94 577,757
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Western Asset Diversified Income Fund

4.82 564,000
—

Virtus Convertible & Income Fund

4.78 559,750
—

ClearBridge Energy Midstream Opportunity

4.48 523,800
—

Blackstone Strategic Cre 2027 term ord

4.04 472,712
—

FS Credit Opportunities Corp.

4.03 471,472
—

Flah & Crum Dynamic Pref & Income Fund

3.95 462,547
—

Saba Capital Income & Opportunities Fund

3.89 455,206
—

PGIM High Yield Bond Fund, Inc.

3.87 453,462
—