Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Toews Unconstrained Income TUIFX
- NAV / 1-Day Return 9.19 / 0.00
- Total Assets 41.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.360%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 4.05%
- Effective Duration 3.25 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:18 PM GMT+0
Morningstar’s Analysis TUIFX
Will TUIFX 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 33.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 33.06 | 22.3 Mil | Government |
United States Treasury Bills 0% | 32.90 | 22.1 Mil | Government |
SPDR® Blmbg High Yield Bd ETF | 11.42 | 7.7 Mil | — |
iShares iBoxx $ High Yield Corp Bd ETF | 10.65 | 7.2 Mil | — |
BlackRock High Yield Bond Instl | 7.68 | 5.2 Mil | — |
PIMCO High Yield Instl | 3.81 | 2.6 Mil | — |
Banksafe Toews Money Market | 0.48 | 325,470 | Cash and Equivalents |