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 Bond C STBDX
- NAV / 1-Day Return 25.87 / −0.04 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 2.680%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 4.39%
- Effective Duration 3.02 years
USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:20 AM GMT+0
Morningstar’s Analysis STBDX
Will STBDX 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 91.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock High Yield Bond Instl | 26.46 | 471.7 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 14.76 | 263.2 Mil | — |
iShares iBoxx $ High Yield Corp Bd ETF | 10.41 | 185.6 Mil | — |
iShares Broad USD High Yield Corp Bd ETF | 10.40 | 185.4 Mil | — |
SPDR® Blmbg ST HY Bd ETF | 7.35 | 131.0 Mil | — |
Osterweis Strategic Income | 7.02 | 125.1 Mil | — |
Xtrackers USD High Yield Corp Bd ETF | 4.32 | 77.1 Mil | — |
iShares 0-5 Year High Yield Corp Bd ETF | 3.83 | 68.3 Mil | — |
City National Rochdale Fxd Inc Opps N | 3.76 | 67.0 Mil | — |
SPDR® Portfolio High Yield Bond ETF | 3.44 | 61.4 Mil | — |