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Morningstar

IMS Strategic Income IMSIX

Morningstar Analyst Rating
Quantitative rating as of | See IMS Investment Hub
  • NAV / 1-Day Return 2.15  /  0.92 %
  • Total Assets 12.3 Mil
  • Adj. Expense Ratio
    1.950%
  • Expense Ratio 1.970%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Tactical Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 7.98%
  • Turnover 477%

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis IMSIX

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

People Pillar

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

Summary

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Weakness in IMS Strategic Income's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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