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.
Touchstone Ares Credit Opps C TMACX
- NAV / 1-Day Return 8.69 / +0.14 %
- Total Assets 483.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.480%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 7.98%
- Effective Duration 3.09 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0
Morningstar’s Analysis TMACX
Will TMACX 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 8.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Government Cash Mgmt Instl | 2.94 | 10.9 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240116 52196 | 2.27 | 8.4 Mil | Derivative |
Standard Buildings Solutions Inc. 4.375% | 0.94 | 3.5 Mil | Corporate |
Compass Minerals International Inc. 6.75% | 0.91 | 3.4 Mil | Corporate |
Ball Corporation 2.875% | 0.90 | 3.4 Mil | Corporate |
Equitrans Midstream Corporation 6.5% | 0.90 | 3.3 Mil | Corporate |
Tutor Perini Corporation 6.875% | 0.87 | 3.3 Mil | Corporate |
CF Industries, Inc. 5.15% | 0.87 | 3.2 Mil | Corporate |
RR 26 LTD | 0.80 | 3.0 Mil | Securitized |
Specialty Building Products Holding Llc / Sbp Finance 6.375% | 0.78 | 2.9 Mil | Corporate |