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Redwood Managed Municipal Income I RWMIX

Medalist Rating as of | See Redwood Asset Investment Hub
  • NAV / 1-Day Return 14.13  /  −0.03 %
  • Total Assets 152.5 Mil
  • Adj. Expense Ratio
    1.650%
  • Expense Ratio 1.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration 10.54 years

USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0

Morningstar’s Analysis RWMIX

Will RWMIX outperform in future?

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

Weakness in Redwood Managed Municipal Income I's People and Process Pillar ratings limits this strategy 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 second-highest quintile among peers.

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Portfolio Holdings RWMIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity MuniCash Instl

28.81 49.3 Mil
Cash and Equivalents

JPMorgan Tax-Free MMkt Agency

27.83 47.6 Mil
Cash and Equivalents

JPMorgan Municipal Money Market Agency

27.82 47.6 Mil
Cash and Equivalents

Redwood Real Estate Income Fund

11.71 20.0 Mil

Us Bank Mmda - Usbgfs 9

3.60 6.2 Mil
Cash and Equivalents

Nuveen High Yld Muni

0.07 126,428

Invesco Hi Yld Muni

0.07 112,590

Us Dollars

0.04 60,000
Cash and Equivalents

Cash

0.01 22,575
Cash and Equivalents

Nuveen High Yield Municipal Bond I

0.01 20,659