Cornerstone Advisors Income Opportunities Fund Institutional Shares (CAIOX)

Net Asset Value
1 Day
Overall Morningstar Rating
Tactical allocation
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks current income. The fund seeks to achieve its investment objective by allocating its assets among one or more investment strategies directly through the use of one or more sub-advisers and/or indirectly through investments in affiliated and unaffiliated open-end funds- closed-end funds- unregistered funds (including hedge funds) and exchange-traded funds ("underlying funds"). It is non-diversified.


1 month+1.76% 3 years+1.02%
3 months-2.32% 5 years+2.37%
1 year+4.14% Since inception+3.70%
Data through --

Peer Comparisonvs. Tactical allocation

Performance 5-yr return+2.37%+4.17%
Expense ratio0.94%1.61%
Risk 5 year sharpe ratio0.230.53
Net assets$213.4M$627.3M
Average market cap$2.6B$52.8B
Average P/E20.317.8
Portfolio turnover50%50%

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Fund Management and Purchase Info

Fund familyCornerstone
Fund manager & tenureBrian Watson / 5 Years
Minimal initial investment$2,000.00
Minimum IRA investment--


Fixed income46.22%
U.S. stock21.73%
International stock1.03%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PELBX PIMCO Emerging Local Bond Fund Institutional Class25.68%
ETP Energy Transfer Partners LP1.94%
SUN Sunoco LP1.79%
TRGP Targa Resources Corp1.35%
BPL Buckeye Partners LP1.30%
GEL Genesis Energy LP1.17%
DCP DCP Midstream LP1.12%
ENLK EnLink Midstream Partners LP1.11%
EEQ Enbridge Energy Management LLC1.08%
CEQP Crestwood Equity Partners LP0.95%