Cornerstone Advisors Income Opportunities Fund Institutional Shares (CAIOX)

11.35
Net Asset Value
-0.79%
1 Day
+6.07%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
No Load
Sales Expenses
1.01%
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.

Performance

1 month-0.70% 3 years--
3 months+0.77% 5 years--
1 year+10.99% Since inception+12.84%
Data through --

Peer Comparisonvs. World allocation

 CAIOXCategory
Performance 5-yr return--+11.44%
Expense ratio1.01%1.43%
Risk 5 year sharpe ratio--0.93
Net assets$168.3M$3.2B
Average market cap$4.5B$39.6B
Average P/E25.816.0
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyCornerstone
Fund manager & tenureMichael Hughes / 2 Years
Minimal initial investment$2,000.00
Minimum IRA investment--

Holdings

Fixed income47.31%
U.S. stock27.51%
Other25.63%
International stock0.54%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ANNPX AllianzGI Convertible Institutional25.71%
PELBX PIMCO Emerging Local Bond Instl25.07%
EEQ Enbridge Energy Management LLC2.59%
RGP Regency Energy Partners LP2.20%
ETP Energy Transfer Partners LP2.14%
WPZ Williams Partners LP2.03%
NS NuStar Energy, L.P.1.89%
EPB El Paso Pipeline Partners LP1.83%
CMLP Crestwood Midstream Partners LP1.32%
TCP TC Pipelines LP1.26%

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