Advertisement
Skip to Content

Changing Parameters CPMPX

Quantitative rating as of
  • NAV / 1-Day Return 10.56  /  0.09 %
  • Total Assets 87.6 Mil
  • Adj. Expense Ratio
    1.800%
  • Expense Ratio 2.440%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.79%
  • Effective Duration 2.58 years

Morningstar’s Analysis CPMPX

Will CPMPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

|

Changing Parameters's recent fee cut and People Pillar rating increase lead to an upgrade in this strategy's Morningstar Quantitative Rating to Neutral from Negative. 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.

Unlock our full analysis with Morningstar Investor