Redwood Managed Municipal Income I holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Redwood Managed Municipal Income Fund Class I RWMIX
- NAV / 1-Day Return 12.96 / +0.08 %
- Total Assets 78.5M
-
Adj. Expense Ratio
1.640%
- Expense Ratio 1.000%
- 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 3.59%
- Effective Duration 10.19 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:51 AM GMT+0
Morningstar’s Analysis RWMIX
Will RWMIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the RWMIX 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 RWMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 98.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Nuveen High Yield Municipal Bond I | 15.10 | 13M | — |
First Eagle High Yield Municipal I | 13.30 | 12M | — |
Redwood Private Real Estate Debt | 12.50 | 11M | — |
Goldman Sachs High Yield Muni Instl | 10.97 | 10M | — |
Invesco Rochester® Municipal Opps Y | 10.76 | 9M | — |
Lord Abbett High Income Muni Bond I | 9.87 | 9M | — |
Invesco High Yield Municipal Y | 9.02 | 8M | — |
PIMCO High Yield Municipal Bond I | 6.74 | 6M | — |
Franklin High Yield Tax Free Inc Adv | 5.77 | 5M | — |
Nomura National Hi-Yld Muni Bd Instl | 4.12 | 4M | — |
United States