Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Medlst Shrt Dur Inv SEMRX
- NAV / 1-Day Return 9.46 / +0.15 %
- Total Assets 300.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.860%
- Distribution Fee Level High
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.21%
- Effective Duration 0.93 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SEMRX
Will SEMRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs X | 3.76 | 12.1 Mil | Cash and Equivalents |
US DOLLARS | 1.22 | 3.9 Mil | Cash and Equivalents |
JP Morgan Mortgage Trust 2019-6 4.28% | 1.12 | 3.6 Mil | Securitized |
TRTX 2022-FL5 ISSUER, LTD 7.48% | 1.11 | 3.6 Mil | Securitized |
Freddie Mac Stacr Remic Trust 7.83% | 1.10 | 3.6 Mil | Securitized |
Freddie Mac Stacr Remic Trust 7.63% | 1.09 | 3.5 Mil | Securitized |
Freddie Mac Stacr Remic Trust 8.38% | 1.07 | 3.5 Mil | Securitized |
STAR 2021-SFR1 7.14% | 1.05 | 3.4 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 6.88% | 1.03 | 3.3 Mil | Securitized |
BDS LTD 7.78% | 0.99 | 3.2 Mil | Securitized |