Innovator Matrix Income® Fund Class A Shares (IMIFX)

20.94
Net Asset Value
-0.57%
1 Day
+3.31%
Year-to-Date
Overall Morningstar Rating
Moderate allocation
Style or Category
5.75
Sales Expenses
3.00%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks current income and, as a secondary objective, long-term capital appreciation. The fund normally invests 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. It invests primarily in U.S. equity securities but may, to a lesser extent, invest in equity securities of foreign entities. The fund may invest in entities of any size. To the extent that the fund invests in bonds it may invest in bonds of any maturity or credit quality. It is non-diversified.

Performance

1 month-3.64% 3 years--
3 months-3.08% 5 years--
1 year+9.88% Since inception+8.69%
Data through --

Peer Comparisonvs. Moderate allocation

 IMIFXCategory
Performance 5-yr return--+12.57%
Expense ratio3.00%1.30%
Risk 5 year sharpe ratio--1.18
Net assets$120.0M$2.6B
Average market cap$3.4B$47.7B
Average P/E13.418.0
Portfolio turnover91%91%

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Fund Management and Purchase Info

Fund familyInnovator Funds
Fund manager & tenureSteven Carhart / 2 Years
Minimal initial investment$2,000.00
Minimum IRA investment$0.00

Holdings

U.S. stock74.57%
Fixed income12.58%
International stock9.91%
Cash2.33%
Other1.30%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FTR Frontier Communications Corp Class B4.84%
KKR KKR & Co LP4.43%
EPR EPR Properties4.30%
BPT BP Prudhoe Bay Royalty Trust4.26%
VNR Vanguard Natural Resources LLC4.00%
HPT Hospitality Properties Trust3.98%
ARCP American Realty Capital Properties Inc Class A3.89%
EDD MS Emerging Markets Domestic Common3.86%
ARCC Ares Capital Corporation3.78%
MTGE American Capital Mortgage Investment Corp3.65%

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