Morningstar

Tributary Shrt/Interm Bond Instl Plus FOSPX

Morningstar Medalist Rating
Medalist Rating as of | See Tributary Investment Hub
  • NAV / 1-Day Return 9.14  /  −0.10 %
  • Total Assets 222.9 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 3.28%
  • Effective Duration 1.95 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 9:40 PM GMT+0

Morningstar’s Analysis FOSPX

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

  • People Pillar

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

A strong management team and sound investment process underpin Tributary Shrt/ Interm Bond Instl Plus's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FOSPX

More FOSPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.25%

10.85 23.8 Mil
Government

United States Treasury Notes 2.75%

4.96 10.9 Mil
Government

United States Treasury Notes 4.125%

3.26 7.1 Mil
Government

United States Treasury Notes 0.5%

2.65 5.8 Mil
Government

DLLAD 2023-1 LLC 4.79%

1.10 2.4 Mil
Securitized

Wells Fargo & Co. 4.808%

1.03 2.3 Mil
Corporate

Bank of America Corp. 3.705%

1.03 2.2 Mil
Corporate

Morgan Stanley 5.449%

1.01 2.2 Mil
Corporate

AT&T Inc 1.7%

1.01 2.2 Mil
Corporate

WSTN TRUST 2023-MAUI 6.518%

1.00 2.2 Mil
Securitized

Sponsor Center