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Innovator McKinley Income Fund Investor Class (IMIFX)

15.41
Net Asset Value
+0.78%
1 Day
+0.52%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
3.32%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income and, as a secondary objective, long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its objective by investing in a portfolio of U.S.- listed, exchange-traded stocks and bonds, as well as other mutual funds and business development companies ("BDCs"), that the portfolio manager believes offers high current income. The fund invests primarily in U.S. equity securities but may, to a lesser extent, invest in equity securities of foreign entities.

Performance

1 month-2.34% 3 years-0.83%
3 months-1.12% 5 years--
1 year+3.97% Since inception+3.75%
Data through --

Peer Comparisonvs. Mid-cap value

 IMIFXCategory
Performance 5-yr return--+13.37%
Expense ratio3.32%1.16%
Risk 5 year sharpe ratio--1.19
Net assets$31.1M$1.8B
Average market cap$8.3B$10.1B
Average P/E15.018.1
Portfolio turnover64%64%

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Fund Management and Purchase Info

Fund familyInnovator Funds
Fund manager & tenureRobert Gillam / 4 Years
Minimal initial investment$2,000.00
Minimum IRA investment--

Holdings

U.S. stock80.55%
International stock13.58%
Cash3.84%
Fixed income1.89%
Other0.14%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ARCC Ares Capital Corp3.15%
FUN Cedar Fair LP3.13%
MAIN Main Street Capital Corp2.95%
BX Blackstone Group2.91%
SLRC Solar Capital Ltd2.90%
APO Apollo Global Management LLC2.88%
KKR KKR & Co LP2.78%
MO Altria Group2.76%
AZN AstraZeneca2.56%
AB AllianceBernstein Holding LP2.47%