Morningstar

Holbrook Structured Income A HOSAX

Morningstar Medalist Rating
Medalist Rating as of | See Holbrook Holdings Investment Hub
  • NAV / 1-Day Return 9.83  /  +0.02 %
  • Total Assets 409.0 Mil
  • Adj. Expense Ratio
    1.760%
  • Expense Ratio 1.760%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 9.68%
  • Effective Duration —

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 12:42 AM GMT+0

Morningstar’s Analysis HOSAX

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

  • People Pillar

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

Holbrook Structured Income A 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

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 HOSAX

More HOSAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

5.71 23.4 Mil
Cash and Equivalents

Dryden 47 Senior Loan Fund/Llc 8.96298%

4.59 18.8 Mil
Securitized

Halcyon Ln Advisors Fdg 2018-2 Ltd/Llc 8.94362%

4.38 17.9 Mil
Securitized

Wind River 2015-1 CLO Ltd. 8.54362%

3.92 16.0 Mil
Securitized

CAPITAL FUNDING MULTIFAMILY MORTGAGE TRUST-PM01 14.70055%

3.39 13.9 Mil
Securitized

Ozlm Xviii Limited 8.41298%

3.19 13.0 Mil
Securitized

PARALLEL 2017-1 LTD 8.64362%

3.01 12.3 Mil
Securitized

Carlyle Global Market Strategies Clo 2012-4 Ltd/Llc 8.49362%

2.71 11.1 Mil
Securitized

CBAM 2017-1 LTD 9.29362%

2.45 10.0 Mil
Securitized

Nassau 2017-I Ltd 9.41298%

2.14 8.8 Mil
Securitized

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