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.
Rational Special Situations Income Instl RFXIX
- NAV / 1-Day Return 18.14 / −0.22 %
- Total Assets 909.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.760%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.63%
- Effective Duration —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:30 PM GMT+0
Morningstar’s Analysis RFXIX
Will RFXIX 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 23.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ambac Assurance Corporation 0% | 12.28 | 106.6 Mil | Corporate |
First American Treasury Obligs X | 5.66 | 49.1 Mil | Cash and Equivalents |
Gs Mortgage Securities Trust 2010-C1 6.36067% | 1.90 | 16.5 Mil | Securitized |
MBIA Global Funding, LLC 0% | 1.62 | 14.1 Mil | Corporate |
GS Mortgage Securities Trust 2011-GC5 5.15004% | 1.47 | 12.7 Mil | Securitized |
Msp Deer Finance Syndicated Loan 17.00% Due 04/09/2025 | 1.34 | 11.6 Mil | Corporate |
J P Morgan Chase Commercial Mortgage Securities Trust 2013-WT 6.8235% | 1.19 | 10.4 Mil | Securitized |
Impac CMB Trust 3.392% | 1.11 | 9.6 Mil | Securitized |
Bear Stearns Asset Backed Securities I Trust 11.46406% | 1.04 | 9.1 Mil | Securitized |
JP Morgan Chase Commercial Mortgage Securities Corp. 5.36% | 0.93 | 8.1 Mil | Securitized |