Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
AlphaCentric Income Opportunities C IOFCX
- NAV / 1-Day Return 7.59 / −0.65 %
- Total Assets 300.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.740%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.83%
- Effective Duration —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis IOFCX
Will IOFCX 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 50.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CIT Mtg Ln Tr 6.19408% | 10.63 | 31.4 Mil | Securitized |
Carrington Mortgage Loan Trust 3.6095% | 10.42 | 30.8 Mil | Securitized |
Option One Mortgage Loan Trust 0.0001% | 4.54 | 13.4 Mil | Securitized |
TOWD POINT MORTGAGE TRUST 4.16468% | 4.28 | 12.6 Mil | Securitized |
Freddie Mac Seasoned Credit Risk Transfer Trust 1.10711% | 4.13 | 12.2 Mil | Securitized |
Citigroup Mortgage Loan Trust 4.18585% | 3.57 | 10.5 Mil | Securitized |
CIT Mtg Ln Tr 5.67813% | 3.46 | 10.2 Mil | Securitized |
Long Beach Mortgage Loan Trust 0.69923% | 3.15 | 9.3 Mil | Securitized |
Carrington Mortgage Loan Trust 0.0001% | 3.13 | 9.2 Mil | Securitized |
RAAC Series 2007-SP3 Trust 7.63605% | 2.87 | 8.5 Mil | Securitized |