Morningstar will cease qualitative research coverage of Swan Defined Risk SDRIX on or about Sep. 3, 2021, in order to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this fund or obtain financial advice.
Swan Defined Risk I SDRIX
NAV / 1-Day Return
13.85
/
0.36
%
Total Assets
969.4 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.
1.270%
Expense Ratio
1.270%
Fee Level
Above Average
Longest Manager Tenure
9.92
years
Category
Options Trading
Alt Style Correlation / Relative Volatility
High / MediumMin. Initial Investment
100,000
Status
Open
TTM Yield
0.00%
Turnover
11%
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 SDRIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.