Morningstar

NAA Opportunity Fund Institutional SAOIX

Morningstar Medalist Rating
Medalist Rating as of | See New Age Alpha Investment Hub
  • NAV / 1-Day Return 35.22  /  +0.20 %
  • Total Assets 41.6M
  • Adj. Expense Ratio
    1.410%
  • Expense Ratio 1.410%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Mid Value
  • Min. Initial Investment 2M
  • Status Open
  • TTM Yield 0.86%
  • Turnover 234%

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 10:49 PM GMT+0

Morningstar’s Analysis SAOIX

Will SAOIX outperform in the 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 SAOIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SAOIX 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 SAOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

NAA Opportunity Institutional 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.

by Morningstar Automated Analysis
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Portfolio Holdings SAOIX

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

United States Treasury Bills 0%

22.20 9M
Government

Bbh Overnight Sweep

18.87 8M
Cash and Equivalents

Wells Fargo Margin Deposit

5.68 2M
Cash and Equivalents

Chevron Corp

1.88 747,323
Energy

Recv Marathon Petroleum C

1.81 719,598
—

Recv Hf Sinclair Corp

1.66 660,585
—

Exxon Mobil Corp

1.66 660,486
Energy

Recv Occidental Petroleum

1.58 630,500
—

Recv Millicom Intl Cellul

1.52 604,766
—

Cheniere Energy Inc

1.52 604,693
Energy

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