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. The strategy changed its peer group last July, moving from the Moderate Allocation category to the Tactical Allocation Morningstar Category.
AlphaCentric Strategic Income C SIICX
- NAV / 1-Day Return 16.90 / +0.06 %
- Total Assets 58.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.510%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Tactical Allocation
- Investment Style Small Value
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 5.40%
- Turnover 44%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:30 PM GMT+0
Morningstar’s Analysis SIICX
Will SIICX 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 |