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. The strategy changed its peer group in July, moving from the Moderate Allocation category to the Tactical Allocation Morningstar Category.
AlphaCentric Strategic Income A SIIAX
- NAV / 1-Day Return 16.95 / −0.24 %
- Total Assets 58.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.760%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Tactical Allocation
- Investment Style Small Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 6.07%
- Turnover 44%
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:57 AM GMT+0
Morningstar’s Analysis SIIAX
Will SIIAX 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 40.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Treasury Obligs X | 8.79 | 4.5 Mil | Cash and Equivalents |
Rithm Capital Corp | 8.15 | 4.2 Mil | Real Estate |
MGIC Investment Corp | 4.83 | 2.5 Mil | Financial Services |
Ellington Financial Inc | 4.77 | 2.4 Mil | Real Estate |
Dynex Capital Inc | 4.25 | 2.2 Mil | Real Estate |
Redwood Trust Inc | 3.67 | 1.9 Mil | Real Estate |
MFA Financial Inc | 3.50 | 1.8 Mil | Real Estate |
PHH Mortgage Corp. 7.875% | 2.99 | 1.5 Mil | Corporate |
AGNC Investment Corp FXDFR PRF PERPETUAL USD 25 Series F | 2.84 | 1.4 Mil | Real Estate |
AG Mortgage Investment Trust Inc | 2.72 | 1.4 Mil | Real Estate |