Morningstar

Redwood Managed Volatility Y RWDYX

Morningstar Medalist Rating
Medalist Rating as of | See Redwood Investment Management Investment Hub
  • NAV / 1-Day Return 11.73  /  −0.17 %
  • Total Assets 153.1 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 20.0 Mil
  • Status Open
  • TTM Yield 8.93%
  • Effective Duration 3.09 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:43 AM GMT+0

Morningstar’s Analysis RWDYX

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

  • People Pillar

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

Weakness in Redwood Managed Volatility Y'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
Rated on Published on

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Portfolio Holdings RWDYX

More RWDYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 79.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard High-Yield Corporate Adm

20.95 33.0 Mil
—

American Funds American High-Inc F3

13.21 20.8 Mil
—

BlackRock High Yield Instl

13.10 20.6 Mil
—

MainStay MacKay High Yield Corp Bd I

9.71 15.3 Mil
—

Redwood Real Estate Income Fund

8.91 14.0 Mil
—

Lord Abbett High Yield I

6.54 10.3 Mil
—

Principal High Income Inst

6.53 10.3 Mil
—

Us Bank Mmda - Usbgfs 9

2.50 3.9 Mil
Cash and Equivalents

Us Dollar Swap

1.12 1.8 Mil
Cash and Equivalents

Transocean Inc. 8%

0.29 450,681
Corporate

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