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.
TFA Tactical Income I TFAZX
- NAV / 1-Day Return 8.44 / −0.12 %
- Total Assets 25.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.490%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.99%
- Effective Duration 5.10 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:12 PM GMT+0
Morningstar’s Analysis TFAZX
Will TFAZX 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 60.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Treasury Obligs X | 16.07 | 4.2 Mil | Cash and Equivalents |
iShares Core US Aggregate Bond ETF | 12.32 | 3.2 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 8.69 | 2.3 Mil | — |
iShares iBoxx $ Invmt Grade Corp Bd ETF | 7.26 | 1.9 Mil | — |
FolioBeyond Alt Inc and Int Rt Hdg ETF | 6.30 | 1.7 Mil | — |
Invesco Senior Loan ETF | 5.92 | 1.6 Mil | — |
SPDR® Blmbrg SASB US Hi Yld Corp ESG ETF | 5.33 | 1.4 Mil | — |
Innovator US Eq Acclrtd 9 Bffr ETF Jan | 4.06 | 1.1 Mil | — |
Invesco Variable Rate Preferred ETF | 3.51 | 920,040 | — |
First Trust Preferred Sec & Inc ETF | 3.50 | 919,802 | — |