Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Sierra Tactical All Asset A1 SIRZX
- NAV / 1-Day Return 22.17 / +0.45 %
- Total Assets 627.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.240%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Tactical Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.66%
- Turnover 267%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:30 AM GMT+0
Morningstar’s Analysis SIRZX
Will SIRZX 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 56.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PIMCO Income Instl | 8.76 | 57.1 Mil | — |
Vanguard FTSE Developed Markets ETF | 6.94 | 45.3 Mil | — |
PIMCO Total Return Instl | 6.37 | 41.6 Mil | — |
Schwab® S&P 500 Index | 5.44 | 35.5 Mil | — |
PIMCO Investment Grade Credit Bond Instl | 5.31 | 34.6 Mil | — |
SPDR Blackstone Senior Loan ETF | 5.16 | 33.7 Mil | — |
Invesco Senior Loan ETF | 4.88 | 31.8 Mil | — |
BlackRock Strategic Income Opps Instl | 4.77 | 31.1 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 4.65 | 30.4 Mil | — |
PIMCO International Bond (USD-Hdg) Instl | 4.57 | 29.8 Mil | — |