Skip to Content
Morningstar

Toews Tactical Income Fund THHYX

Morningstar Medalist Rating
Medalist Rating as of | See Toews Funds Investment Hub
  • NAV / 1-Day Return 9.63  /  0.02 %
  • Total Assets 529.4 Mil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.400%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 4.14%
  • Effective Duration 3.53 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:24 PM GMT+0

Morningstar’s Analysis THHYX

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

People Pillar

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

Toews Tactical Income Fund's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings THHYX

More THHYX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 110
  • Other Holdings 10
  • % Assets in Top 10 Holdings 84.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

29.58
168,156,800
—

SPDR® Blmbg High Yield Bd ETF

26.55
150,929,200
—

iShares Broad USD High Yield Corp Bd ETF

17.07
97,075,000
—

iShares 0-5 Year High Yield Corp Bd ETF

4.37
24,870,000
—

SPDR® Blmbg ST HY Bd ETF

2.61
14,820,000
—

Xtrackers USD High Yield Corp Bd ETF

1.82
10,350,000
—

VanEck Fallen Angel HiYld Bd ETF

0.98
5,554,000
—

Banksafe Toews Money Market

0.88
4,998,945
Cash and Equivalents

Goldman Sachs Group, Inc. 6.75%

0.57
3,227,745
Corporate

Anheuser-Busch InBev Worldwide Inc. 8.2%

0.46
2,606,383
Corporate