Morningstar

North Square Strategic Income A ADVAX

Morningstar Medalist Rating
Medalist Rating as of | See North Square Investment Hub
  • NAV / 1-Day Return 9.53  /  0.00
  • Total Assets 202.8 Mil
  • Adj. Expense Ratio
    1.160%
  • Expense Ratio 1.160%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.78%
  • Effective Duration —

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:53 AM GMT+0

Morningstar’s Analysis ADVAX

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

  • People Pillar

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

North Square Strategic Income A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of 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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ADVAX

More ADVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Treasury Obligs X

6.14 10.9 Mil
Cash and Equivalents

United States Treasury Notes 2.125%

4.94 8.7 Mil
Government

United States Treasury Notes 4.875%

4.18 7.4 Mil
Government

ING Groep N.V. 3.875%

2.11 3.7 Mil
Corporate

American Electric Power Co, Inc. 3.875%

2.08 3.7 Mil
Corporate

Truist Financial Corp. 4.8%

2.07 3.7 Mil
Corporate

UBS Group AG 4.375%

1.84 3.3 Mil
Corporate

Government National Mortgage Association 3.5%

1.83 3.2 Mil
Securitized

Fnma Pass-Thru I 4.5%

1.80 3.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 6%

1.77 3.1 Mil
Securitized

Sponsor Center