Morningstar

Wavelength Fund WAVLX

Morningstar Medalist Rating
Medalist Rating as of | See Wavelength Investment Hub
  • NAV / 1-Day Return 10.17  /  +0.20 %
  • Total Assets 128.4M
  • Adj. Expense Ratio
    1.260%
  • Expense Ratio 0.990%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 3.85%
  • Effective Duration 3.56 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 10:49 PM GMT+0

Morningstar’s Analysis WAVLX

Will WAVLX outperform in the 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 WAVLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Wavelength holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings WAVLX

More WAVLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 65.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

9.58 17M
Government

Invesco Senior Loan ETF

8.68 16M
—

5 Year Treasury Note Future Sept 26

8.59 16M
Government

Vanguard Short-Term Infl-Prot Secs ETF

7.33 13M
—

State Street® SPDR® Blmbg ST HY Bd ETF

7.09 13M
—

Vanguard Mortgage-Backed Secs ETF

6.66 12M
—

10 Year Treasury Note Future Sept 26

4.74 9M
Government

iShares Broad USD High Yield Corp Bd ETF

4.58 8M
—

iShares TIPS Bond ETF

4.58 8M
—

VanEck EM High Yield Bond ETF

3.67 7M
—

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