The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Frost Credit Institutional FCFIX
- NAV / 1-Day Return 9.53 / −0.21 %
- Total Assets 361.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.730%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.97%
- Effective Duration 3.33 years
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:49 AM GMT+0
Morningstar’s Analysis FCFIX
Will FCFIX 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 12.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash & Cash Equivalents | 8.18 | 29.6 Mil | Cash and Equivalents |
APIDOS CLO XL LTD 7.15078% | 1.38 | 5.0 Mil | Securitized |
GOLDEN TREE LOAN MANAGEMENT US CLO 14 LTD 7.18201% | 1.38 | 5.0 Mil | Securitized |
Battalion Clo Xvii Ltd/ Llc 7.53201% | 1.38 | 5.0 Mil | Securitized |
Burlington Northern Santa Fe LLC 5.5% | 1.18 | 4.3 Mil | Corporate |
Concentrix Corp. 6.85% | 1.15 | 4.2 Mil | Corporate |
Cruise Yacht Upper Holdco Ltd. 11.875% | 1.13 | 4.1 Mil | Corporate |
Brundage-Bone Concrete Pumping Holdings Inc. 6% | 1.12 | 4.1 Mil | Corporate |
Magnetite Xxix Ltd / Magnetite Xxix FRN 6.99165% | 1.10 | 4.0 Mil | Securitized |
Race Point IX CLO Ltd./Corp. 7.71298% | 1.10 | 4.0 Mil | Securitized |