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Morningstar

Easterly Snow Long/Short Opportunity C SNOCX

Morningstar Medalist Rating
Medalist Rating as of | See Easterly Funds Investment Hub
  • NAV / 1-Day Return 30.96  /  −0.39 %
  • Total Assets 97.2 Mil
  • Adj. Expense Ratio
    2.220%
  • Expense Ratio 2.350%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Long-Short Equity
  • Investment Style Mid Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.27%
  • Turnover 58%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SNOCX

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

  • People Pillar

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

A recent fee change and trends in other areas result in an upgrade to Easterly Snow Long/ Short Opportunity C's Morningstar Medalist Rating to Neutral from 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
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Portfolio Holdings SNOCX

More SNOCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar Broker

15.63 15.1 Mil
Cash and Equivalents

JPMorgan Chase & Co

4.86 4.7 Mil
Financial Services

Commercial Metals Co

4.31 4.2 Mil
Basic Materials

iShares Russell 2000 ETF

3.79 3.7 Mil
—

PVH Corp

3.48 3.4 Mil
Consumer Cyclical

Suncor Energy Inc

3.44 3.3 Mil
Energy

Amgen Inc

3.18 3.1 Mil
Healthcare

MetLife Inc

2.76 2.7 Mil
Financial Services

Advanced Micro Devices Inc

2.69 2.6 Mil
Technology

Sanofi SA ADR

2.60 2.5 Mil
Healthcare