Ave Maria Bond stands out for its distinct approach to investing, though it lacks a compelling competitive advantage over its allocation -- 15% to 30% equity Morningstar Category peers. The strategy maintains its Morningstar Analyst Rating of Neutral.
Ave Maria Bond AVEFX
NAV / 1-Day Return
11.53
/
0.00
Total Assets
497.2 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.440%
Expense Ratio
0.440%
Fee Level
Low
Longest Manager Tenure
8.74
years
Category
Allocation--15% to 30% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
1.92%
Turnover
25%
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will AVEFX 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 AVEFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the AVEFX 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 AVEFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A distinct core bond offering.
