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.
Frost Credit Investor FCFAX
- NAV / 1-Day Return 9.37 / +0.21 %
- Total Assets 300.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.980%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.87%
- Effective Duration 2.86 years
USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:18 PM GMT+0
Morningstar’s Analysis FCFAX
Will FCFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash & Cash Equivalents | 13.75 | 41.6 Mil | Cash and Equivalents |
Battalion Clo 17 Ltd / Battalion Clo FRN 7.59295% | 1.65 | 5.0 Mil | Securitized |
Brundage-Bone Concrete Pumping Holdings Inc. 6% | 1.34 | 4.1 Mil | Corporate |
Cruise Yacht Upper Holdco Ltd. 11.875% | 1.34 | 4.0 Mil | Corporate |
Burlington Northern Santa Fe LLC 5.5% | 1.32 | 4.0 Mil | Corporate |
Race Point IX CLO Ltd./Corp. 7.74017% | 1.32 | 4.0 Mil | Securitized |
Kyndryl Holdings Inc 4.1% | 1.24 | 3.7 Mil | Corporate |
F&G Annuities & Life Inc. 7.4% | 1.02 | 3.1 Mil | Corporate |
Airswift Global AS 10% | 1.01 | 3.0 Mil | Corporate |
MCF CLO VIII LLC 7.69884% | 1.00 | 3.0 Mil | Securitized |