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Morningstar

Matisse Discounted Cl-End Fd Strat Instl MDCEX

Morningstar Medalist Rating
Medalist Rating as of | See Matisse Funds Investment Hub
  • NAV / 1-Day Return 6.88  /  +0.88 %
  • Total Assets 46.8 Mil
  • Adj. Expense Ratio
    3.030%
  • Expense Ratio 3.360%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Tactical Allocation
  • Investment Style Mid Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 7.67%
  • Turnover 55%

USD | NAV as of Jun 28, 2024 | 1-Day Return as of Jun 28, 2024, 9:33 PM GMT+0

Morningstar’s Analysis MDCEX

Will MDCEX 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 MDCEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDCEX 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 MDCEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Matisse Discounted Cl-End Fd Strat Instl 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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MDCEX

More MDCEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
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