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.
CCM Community Impact Bond CRA CRAIX
- NAV / 1-Day Return 9.66 / −0.10 %
- Total Assets 3.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.890%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 2.76%
- Effective Duration 4.62 years
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:16 PM GMT+0
Morningstar’s Analysis CRAIX
Will CRAIX 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 10.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Comcast Corporation 4.65% | 1.44 | 50.4 Mil | Corporate |
Bank of America Corp. 6.204% | 1.42 | 49.5 Mil | Corporate |
United States Treasury Notes 4.375% | 1.35 | 47.0 Mil | Government |
Ccmtristate Fl.Cd 11/1/20 | 1.24 | 43.3 Mil | Cash and Equivalents |
Alphabet Inc. 1.1% | 1.22 | 42.6 Mil | Corporate |
American Express Company 4.05% | 1.00 | 34.9 Mil | Corporate |
Prologis, L.P. 4.625% | 0.96 | 33.7 Mil | Corporate |
United States Treasury Notes 3.5% | 0.79 | 27.8 Mil | Government |
Federal Home Loan Mortgage Corp. 2.5% | 0.78 | 27.2 Mil | Securitized |
United States Treasury Notes 4.875% | 0.70 | 24.5 Mil | Government |