Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Touchstone Ares Credit Opps A TMARX
- NAV / 1-Day Return 9.20 / +0.31 %
- Total Assets 618.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.080%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.18%
- Effective Duration 3.04 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:17 PM GMT+0
Morningstar’s Analysis TMARX
Will TMARX 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 8.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Government Cash Mgmt Instl | 2.77 | 14.9 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240715 52196 | 2.31 | 12.4 Mil | Derivative |
Equitrans Midstream Corporation 6.5% | 0.90 | 4.8 Mil | Corporate |
CITGO Petroleum Corporation 6.375% | 0.88 | 4.7 Mil | Corporate |
ITT Holdings LLC 6.5% | 0.83 | 4.4 Mil | Corporate |
Rockcliff Energy II LLC 5.5% | 0.83 | 4.4 Mil | Corporate |
Specialty Building Products Holding Llc / Sbp Finance 6.375% | 0.81 | 4.4 Mil | Corporate |
Iron Mountain Inc. 4.875% | 0.81 | 4.4 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | 0.81 | 4.3 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% | 0.80 | 4.3 Mil | Corporate |