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Morningstar

X-Square Balanced Fund, LLC A SQBFX

Morningstar Medalist Rating
Medalist Rating as of | See Xsquare Capital Investment Hub
  • NAV / 1-Day Return 13.04  /  +0.38 %
  • Total Assets 53.8 Mil
  • Adj. Expense Ratio
    2.750%
  • Expense Ratio 2.750%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.85%
  • Turnover 30%

USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:22 PM GMT+0

Morningstar’s Analysis SQBFX

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

  • People Pillar

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

Weakness in X-Square Balanced Fund, LLC A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SQBFX

More SQBFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 2%

8.52 4.3 Mil
Securitized

Cash And Cash Equivalents

7.58 3.9 Mil
Cash and Equivalents

Government National Mortgage Association 2%

7.40 3.8 Mil
Securitized

United States Treasury Bills 0%

4.50 2.3 Mil
Government

United States Treasury Bills 0%

3.12 1.6 Mil
Government

United States Treasury Notes 0.625%

3.05 1.6 Mil
Government

United States Treasury Notes 2.75%

2.91 1.5 Mil
Government

Diamondback Energy Inc

2.19 1.1 Mil
Energy

Suncor Energy Inc

2.19 1.1 Mil
Energy

United Rentals Inc

1.89 959,797
Industrials