LFIFX : Leader High Quality Low Duration Bond Fund InstitutionalShares

LFIFX is a Alternative Market Short with HIGH fees.

LFIFX

Leader High Quality Low Duration Bond Fund InstitutionalShares

FI Score

16 /100

Expense Ratio Rating

2 /10

Expense Rating

3 /10

Market Score

2 /10

Category Score

0 /10

Market Size

2 /10

16% FI Score
  • lfifx
  • Mutual Fund
  • Alternative
  • Short

Leader High Quality Low Duration Bond Fund InstitutionalShares

Expenses: 0.74% (Better than 0% of similar funds)

This is a bad choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks a high level of current income, with a secondary objective of capital appreciation. The fund invests at least 80% of its net assets, plus any amount of borrowings for investment purposes, in floating rate debt securities. It invests in floating rate debt securities with an interest rate that resets quarterly based on the LIBOR. Under normal circumstances the advisor expects its portfolio of securities (measured at the time of purchase) to be A rated or higher.

Largest Holdings

Amount Holding
3.56% Emerson Park CLO Ltd. 3.98%
3.18% ALM XVI Ltd. 2.73%
3.11% Government National Mortgage Association 0.88%
2.94% Flatiron CLO 2015-1 Ltd/Llc 2.72%
2.23% Madison Park Funding XV Ltd. 3.29%
2.22% ATRIUM XII LLC 2015-12R 2.63%
2.08% BENEFIT STREET PARTNERS CLO VII, LTD 2.6%
1.92% Avery Point V CLO Ltd/Corp 2.82%
1.87% ALLEGRO CLO III LTD 2.63%
1.73% CIFC Funding 2011-I Ltd. 3.43%
1.71% Atrium Xiii 3.31%
1.67% Blue Mountain Clo 2015-2 2.75%
1.60% Hps Ln Mgmt 8-2015 Ltd / Hps Ln Mgmt FRN 3.39%
1.57% Avery Point IV CLO, Limited/ Avery Point IV CLO, Corp 4.14%
1.56% Lcm Xxi Ltd Prtn 2016 3.22%
1.56% PALMER SQUARE LOAN FUNDING LTD 3.72%
1.51% TCW CLO 2019-1 AMR LTD 3.49%
1.48% Thl Cr Wind Riv 2015-2 Clo Limited/Llc 2.7%
1.44% Octagon Investment Partners XXI Ltd. 2.45%
1.42% ALM XVI Ltd. 3.73%
1.41% Octagon Invt Partners XXIII LTD 2.68%
1.39% Government National Mortgage Association 0.86%
1.37% Madison Park Funding XIII Ltd. 3.72%
1.32% Federal National Mortgage Association 0.2%
1.32% Hps Ln Mgmt 8-2015 Ltd / Hps Ln Mgmt FRN 2.87%

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