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Innovator McKinley Income Fund Class Investor Shares (IMIFX)

13.94
Net Asset Value
-1.41%
1 Day
-11.04%
Year-to-Date
Overall Morningstar Rating
Aggressive allocation
Style or Category
No Load
Sales Expenses
2.59%
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-5.67% 3 years-6.50%
3 months-15.25% 5 years--
1 year-22.30% Since inception-1.68%
Data through --

Peer Comparisonvs. Aggressive allocation

 IMIFXCategory
Performance 5-yr return--+6.69%
Expense ratio2.59%1.36%
Risk 5 year sharpe ratio--0.53
Net assets$23.3M$902.8M
Average market cap$6.8B$35.1B
Average P/E16.917.8
Portfolio turnover73%73%

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Fund Management and Purchase Info

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

Holdings

U.S. stock87.73%
International stock10.20%
Cash2.07%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PSEC Prospect Capital Corp4.13%
VGR Vector Group Ltd3.70%
CLMT Calumet Specialty Products Partners LP3.35%
RAI Reynolds American3.12%
NEWM New Media Investment Group Inc3.10%
BX Blackstone Group3.09%
MO Altria Group3.06%
AB AllianceBernstein Holding LP3.02%
KKR KKR & Co LP2.87%
AZN AstraZeneca2.85%

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