Morningstar

Redwood Managed Volatility I RWDIX

Morningstar Medalist Rating
Medalist Rating as of | See Redwood Investment Management Investment Hub
  • NAV / 1-Day Return 11.56  /  −0.09 %
  • Total Assets 152.5 Mil
  • Adj. Expense Ratio
    1.690%
  • Expense Ratio 1.690%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.95%
  • Effective Duration 3.04 years

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:00 AM GMT+0

Morningstar’s Analysis RWDIX

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

  • People Pillar

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

Weakness in Redwood Managed Volatility I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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 second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings RWDIX

More RWDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard High-Yield Corporate Adm

20.73 31.9 Mil
—

American Funds American High-Inc F3

13.11 20.2 Mil
—

BlackRock High Yield Instl

12.93 19.9 Mil
—

Redwood Real Estate Income Fund

9.13 14.0 Mil
—

NYLI MacKay High Yield Corporate Bd Cl I

6.48 10.0 Mil
—

Lord Abbett High Yield I

6.46 9.9 Mil
—

Principal High Income Inst

6.44 9.9 Mil
—

Us Bank Mmda - Usbgfs 9

2.50 3.8 Mil
Cash and Equivalents

SPDR® Portfolio High Yield Bond ETF

1.19 1.8 Mil
—

Us Dollar Swap

1.16 1.8 Mil
Cash and Equivalents

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