Morningstar

Frost Credit A FCFBX

Morningstar Medalist Rating
Medalist Rating as of | See Frost Investment Hub
  • NAV / 1-Day Return 9.50  /  −0.31 %
  • Total Assets 361.5 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.75%
  • Effective Duration 3.33 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:41 AM GMT+0

Morningstar’s Analysis FCFBX

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

  • People Pillar

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

A strong management team and sound investment process underpin Frost Credit A's Morningstar Medalist Rating of Gold.

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-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FCFBX

More FCFBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

8.18 29.6 Mil
Cash and Equivalents

APIDOS CLO XL LTD 7.15078%

1.38 5.0 Mil
Securitized

GOLDEN TREE LOAN MANAGEMENT US CLO 14 LTD 7.18201%

1.38 5.0 Mil
Securitized

Battalion Clo Xvii Ltd/ Llc 7.53201%

1.38 5.0 Mil
Securitized

Burlington Northern Santa Fe LLC 5.5%

1.18 4.3 Mil
Corporate

Concentrix Corp. 6.85%

1.15 4.2 Mil
Corporate

Cruise Yacht Upper Holdco Ltd. 11.875%

1.13 4.1 Mil
Corporate

Brundage-Bone Concrete Pumping Holdings Inc. 6%

1.12 4.1 Mil
Corporate

Magnetite Xxix Ltd / Magnetite Xxix FRN 6.99165%

1.10 4.0 Mil
Securitized

Race Point IX CLO Ltd./Corp. 7.71298%

1.10 4.0 Mil
Securitized

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