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Morningstar

Sierra Tactical All Asset C SIRCX

Morningstar Medalist Rating
Medalist Rating as of | See Sierra Mutual Funds Investment Hub
  • NAV / 1-Day Return 21.11  /  0.22 %
  • Total Assets 735.1 Mil
  • Adj. Expense Ratio
    3.010%
  • Expense Ratio 3.010%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Tactical Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 1.50%
  • Turnover 542%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 12:28 AM GMT+0

Morningstar’s Analysis SIRCX

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

People Pillar

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

Weakness in Sierra Tactical All Asset C's Process and People 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SIRCX

More SIRCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 81
  • % Assets in Top 10 Holdings 44.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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