IOFIX : AlphaCentric Income Opportunities Fund Class I

IOFIX is a Bond Market Total US Bond Market with HIGH fees.

IOFIX

AlphaCentric Income Opportunities Fund Class I

FI Score

44 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

7 /10

Category Score

10 /10

Market Size

7 /10

44% FI Score
  • iofix
  • Mutual Fund
  • Bond
  • Total US Bond Market

AlphaCentric Income Opportunities Fund Class I

Expenses: 1.50% (Better than 0% of similar funds)

This is a bad choice for a Total US Bond Market Bond fund. See why ยป

Fund Summary

The investment seeks current income. The fund seeks to achieve its investment objective by primarily investing in asset-backed fixed income securities, such as securities backed by credit card receivables, automobiles, aircraft, student loans, equipment leases, and agency and non-agency residential and commercial mortgages. Asset-backed securities in which the fund may invest also include collateralized debt obligations ("CDOs"), collateralized loan obligations ("CLOs") and privately-offered collateralized loans. It may invest in distressed asset backed securities and other below investment grade securities without limitation. The fund is non-diversified.

Largest Holdings

Amount Holding
1.67% Soundview Home Loan Trust 1.25%
1.38% Option One Mortgage Loan Trust 1.33%
1.28% Soundview Home Loan Trust 1.2%
1.26% Gsamp Tr 2006-He3 1.23%
1.18% New Century Home Equity Loan Trust 2005-1 1.44%
1.16% Bear Stearns Asset Backed Securities I Trust 1.24%
1.09% Saxon Asset Securities Trust 1.75%
1.08% Rasc Ser 2007 Ks2 1.21%
1.08% Argent Secs Inc 1.48%
1.07% Carrington Mtg Ln 1.25%
1.05% Asset Backed Secs Corp Home Equity Loan 1.18%
0.96% Soundview Hm Eq Ln 1.2%
0.92% First Franklin Mortgage Loan Trust 2005-FF4 1.49%
0.86% Ameriquest Mortgage Securities 1.64%
0.84% FINANCE OF AMERICA STRUCTURED SECURITIES TRUST JR4 2%
0.83% FINANCE OF AMERICA STRUCTURED SECURITIES TRUST JR2 2%
0.81% CWABS Asset-Backed Certificates Trust 2007-11 1.25%
0.81% CIT Mtg Ln Tr 2.7%
0.80% Carrington Mtg Ln 1.37%
0.74% ACE Securities Corp Home Equity Loan Trust Series 2007-SL2 1.23%
0.71% American Homes 4 Rent Class A
0.69% Argent Secs Inc 1.41%
0.68% Park Pl Secs Inc 1.59%
0.68% CWABS Asset-Backed Certificates Trust 2006-25 1.2%
0.67% CWABS Asset-Backed Certificates Trust 2007-8 1.22%

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