AIG Flexible Credit’s seasoned but slim team plies a distinct approach with broad flexibility to move between high-yield bonds and bank loans; however, this unique profile does not result in an edge. The strategy’s two cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class is rated Negative.
Will SHNAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHNAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SHNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SHNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.