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.
Redwood Managed Volatility I RWDIX
- NAV / 1-Day Return 11.56 / −0.09 %
- Total Assets 152.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.690%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 7.95%
- Effective Duration 3.04 years
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:00 AM GMT+0
Morningstar’s Analysis RWDIX
Will RWDIX 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 77.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard High-Yield Corporate Adm | 20.73 | 31.9 Mil | — |
American Funds American High-Inc F3 | 13.11 | 20.2 Mil | — |
BlackRock High Yield Instl | 12.93 | 19.9 Mil | — |
Redwood Real Estate Income Fund | 9.13 | 14.0 Mil | — |
NYLI MacKay High Yield Corporate Bd Cl I | 6.48 | 10.0 Mil | — |
Lord Abbett High Yield I | 6.46 | 9.9 Mil | — |
Principal High Income Inst | 6.44 | 9.9 Mil | — |
Us Bank Mmda - Usbgfs 9 | 2.50 | 3.8 Mil | Cash and Equivalents |
SPDR® Portfolio High Yield Bond ETF | 1.19 | 1.8 Mil | — |
Us Dollar Swap | 1.16 | 1.8 Mil | Cash and Equivalents |