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.
Axs Tactical Income I TINIX
- NAV / 1-Day Return 8.86 / +0.23 %
- Total Assets 42.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.020%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 6.63%
- Effective Duration 3.33 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis TINIX
Will TINIX 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 49.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Inv MM Government I | 6.66 | 2.2 Mil | Cash and Equivalents |
iShares Preferred&Income Securities ETF | 6.43 | 2.1 Mil | — |
iShares Floating Rate Bond ETF | 6.20 | 2.0 Mil | — |
SPDR Blackstone Senior Loan ETF | 5.67 | 1.9 Mil | — |
ProShares Short 20+ Year Treasury | 5.13 | 1.7 Mil | — |
Goldman Sachs FS Government Adm | 4.97 | 1.6 Mil | Cash and Equivalents |
iShares iBoxx $ Invmt Grade Corp Bd ETF | 4.72 | 1.5 Mil | — |
WisdomTree Floating Rate Treasury ETF | 4.46 | 1.5 Mil | — |
SPDR® Blmbg 1-3 Mth T-Bill ETF | 4.20 | 1.4 Mil | — |
iShares Treasury Floating Rate Bond ETF | 4.17 | 1.4 Mil | — |