Morningstar

Eventide Core Bond A ETARX

Morningstar Medalist Rating
Medalist Rating as of | See Eventide Investment Hub
  • NAV / 1-Day Return 8.36  /  −0.71 %
  • Total Assets 148.8 Mil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.20%
  • Effective Duration 6.10 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis ETARX

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

  • People Pillar

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

Weakness in Eventide Core Bond A's Process and People 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 highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ETARX

More ETARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Bank Mmda - Usbgfs 9

3.79 5.2 Mil
Cash and Equivalents

JPMorgan Chase & Co. 6.07%

1.85 2.5 Mil
Corporate

Federal Home Loan Mortgage Corp. 6.25%

1.84 2.5 Mil
Government

Federal National Mortgage Association 6.25%

1.81 2.5 Mil
Government

Federal Home Loan Mortgage Corp. 4.5%

1.75 2.4 Mil
Securitized

Federal National Mortgage Association 2%

1.75 2.4 Mil
Securitized

Federal National Mortgage Association 5.5%

1.64 2.3 Mil
Securitized

Federal National Mortgage Association 4.5%

1.63 2.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 5%

1.62 2.2 Mil
Securitized

Morgan Stanley 0.864%

1.60 2.2 Mil
Corporate

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