Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Touchstone Ares Credit Opps A TMARX
- NAV / 1-Day Return 8.91 / +0.11 %
- Total Assets 496.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.080%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.04%
- Effective Duration 3.09 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:18 PM GMT+0
Morningstar’s Analysis TMARX
Will TMARX 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 7.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Government Cash Mgmt Instl | 6.56 | 32.7 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240415 52196 | 2.42 | 12.1 Mil | Derivative |
Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr Nimbus Llc/Ggsi Sellco Llc | 0.83 | 4.1 Mil | Corporate |
H&E Equipment Services, Inc. 3.875% | 0.81 | 4.1 Mil | Corporate |
Rockcliff Energy II LLC 5.5% | 0.79 | 3.9 Mil | Corporate |
Tutor Perini Corporation 6.875% | 0.78 | 3.9 Mil | Corporate |
Community Health Systems Incorporated 5.625% | 0.77 | 3.9 Mil | Corporate |
Nationstar Mortgage LLC 5.5% | 0.77 | 3.8 Mil | Corporate |
Open Text Holdings Inc 4.125% | 0.76 | 3.8 Mil | Corporate |
Wec Us Holdings Ltd Term Loan B | 0.75 | 3.7 Mil | Corporate |