Morningstar

Holbrook Income I HOBIX

Morningstar Medalist Rating
Medalist Rating as of | See Holbrook Holdings Investment Hub
  • NAV / 1-Day Return 9.74  /  −0.09 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    1.090%
  • Expense Ratio 1.090%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 7.21%
  • Effective Duration —

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:50 AM GMT+0

Morningstar’s Analysis HOBIX

Will HOBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HOBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HOBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HOBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Holbrook Income I boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
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Portfolio Holdings HOBIX

More HOBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

5.82 96.0 Mil
Cash and Equivalents

United States Treasury Bonds 2.375%

3.41 56.1 Mil
Government

United States Treasury Notes 0.125%

3.03 49.9 Mil
Government

United States Treasury Notes 0.375%

2.91 48.0 Mil
Government

Babcock & Wilcox Enterprises Inc. 0%

2.51 41.4 Mil
Corporate

United States Treasury Notes 0.125%

2.43 40.1 Mil
Government

B. Riley Financial Inc 0%

2.38 39.2 Mil
Corporate

Charah Solutions Inc 0%

2.32 38.3 Mil
Corporate

Synchronoss Technologies Inc 0%

2.19 36.1 Mil
Corporate

Saratoga Investment Corp. 4.375%

2.03 33.5 Mil
Corporate

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