Morningstar

Tributary Shrt Interm Bond Instl FOSIX

Morningstar Medalist Rating
Medalist Rating as of | See Tributary Investment Hub
  • NAV / 1-Day Return 9.12  /  +0.01 %
  • Total Assets 222.9 Mil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.640%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.07%
  • Effective Duration 1.95 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 9:36 PM GMT+0

Morningstar’s Analysis FOSIX

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

  • People Pillar

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

Tributary Shrt Interm Bond Instl boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings FOSIX

More FOSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.25%

10.85 23.8 Mil
Government

United States Treasury Notes 2.75%

4.96 10.9 Mil
Government

United States Treasury Notes 4.125%

3.26 7.1 Mil
Government

United States Treasury Notes 0.5%

2.65 5.8 Mil
Government

DLLAD 2023-1 LLC 4.79%

1.10 2.4 Mil
Securitized

Wells Fargo & Co. 4.808%

1.03 2.3 Mil
Corporate

Bank of America Corp. 3.705%

1.03 2.2 Mil
Corporate

Morgan Stanley 5.449%

1.01 2.2 Mil
Corporate

AT&T Inc 1.7%

1.01 2.2 Mil
Corporate

WSTN TRUST 2023-MAUI 6.518%

1.00 2.2 Mil
Securitized

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