Innovator Matrix Income® Fund Class A Shares (IMIFX)

19.79
Net Asset Value
-0.35%
1 Day
+8.44%
Year-to-Date
Overall Morningstar Rating
Moderate 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. 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.

Performance

1 month+3.29% 3 years+5.41%
3 months+7.90% 5 years--
1 year-0.15% Since inception+4.51%
Data through --

Peer Comparisonvs. Moderate allocation

 IMIFXCategory
Performance 5-yr return--+8.97%
Expense ratio2.74%1.26%
Risk 5 year sharpe ratio--1.00
Net assets$82.5M$2.9B
Average market cap$3.0B$47.7B
Average P/E11.618.2
Portfolio turnover40%40%

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Fund Management and Purchase Info

Fund familyInnovator Funds
Fund manager & tenureSteven Carhart / 3 Years
Minimal initial investment$2,000.00
Minimum IRA investment$0.00

Holdings

U.S. stock83.45%
Fixed income8.80%
International stock3.40%
Cash3.23%
Other1.58%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EPR EPR Properties4.54%
FTR Frontier Communications Corp4.53%
STWD Starwood Property Trust Inc4.50%
KKR KKR & Co LP4.38%
HPT Hospitality Properties Trust4.31%
NRF Northstar Realty Finance Corp4.27%
APO Apollo Global Management LLC4.26%
ARCC Ares Capital Corp4.24%
MMLP Martin Midstream Partners LP4.11%
MTGE American Capital Mortgage Investment Corp3.87%

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