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.
Sit Quality Income SQIFX
- NAV / 1-Day Return 9.64 / −0.10 %
- Total Assets 123.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level High
- Share Class Type No Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 4.17%
- Effective Duration 1.60 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SQIFX
Will SQIFX 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 17.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federal National Mortgage Association 5.5% | 2.75 | 3.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.59% | 2.46 | 2.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 4% | 2.03 | 2.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3% | 1.87 | 2.2 Mil | Securitized |
Fnma Pass-Thru I 7.5% | 1.73 | 2.0 Mil | Securitized |
Federal Home Loan Mortgage Corp. 2.5% | 1.60 | 1.9 Mil | Securitized |
Fidelity Inv MM Government I | 1.57 | 1.8 Mil | Cash and Equivalents |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.5% | 1.54 | 1.8 Mil | Securitized |
RCKT MORTGAGE TRUST 2024-CES3 6.591% | 1.54 | 1.8 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.064% | 1.51 | 1.8 Mil | Securitized |