Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Innovator McKinley Income Fund Class A Shares (IMIFX)

16.73
Net Asset Value
-0.95%
1 Day
-8.33%
Year-to-Date
Overall Morningstar Rating
Aggressive allocation
Style or Category
5.75
Sales Expenses
2.74%
Expense Ratio
High
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. These securities may include "pass-through" securities (structured to pass through a majority of income as distributions to shareholders) such as master limited partnerships, royalty trusts, and real estate investment trusts.

Performance

1 month-5.66% 3 years-0.60%
3 months-11.39% 5 years--
1 year-17.52% Since inception+2.51%
Data through --

Peer Comparisonvs. Aggressive allocation

 IMIFXCategory
Performance 5-yr return--+11.75%
Expense ratio2.74%1.39%
Risk 5 year sharpe ratio--0.93
Net assets$55.0M$962.4M
Average market cap$2.6B$32.9B
Average P/E12.418.2
Portfolio turnover40%40%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyInnovator Funds
Fund manager & tenureRobert Gillam / 0 Years
Minimal initial investment$2,000.00
Minimum IRA investment$0.00

Holdings

U.S. stock83.75%
Fixed income11.16%
International stock2.93%
Other2.14%
Cash0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KKR KKR & Co LP4.76%
STWD Starwood Property Trust Inc4.72%
ARCC Ares Capital Corp4.54%
MMLP Martin Midstream Partners LP4.47%
NRF Northstar Realty Finance Corp4.47%
CLMT Calumet Specialty Products Partners LP4.38%
SFL Ship Finance International Ltd4.25%
ARI Apollo Commercial Real Estate Finance Inc4.16%
HPT Hospitality Properties Trust3.66%
CVRR CVR Refining LP3.44%

Partner Offers