Innovator Matrix Income® Fund Class A Shares (IMIFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Moderate allocation
Style or Category
Sales Expenses
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.


1 month-2.34% 3 years+5.97%
3 months-0.69% 5 years--
1 year-3.80% Since inception+5.22%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return--+8.97%
Expense ratio2.74%1.26%
Risk 5 year sharpe ratio--0.99
Net assets$80.4M$2.8B
Average market cap$2.8B$48.1B
Average P/E10.818.7
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


U.S. stock85.66%
Fixed income8.76%
International stock3.29%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
STWD Starwood Property Trust Inc4.75%
NRF Northstar Realty Finance Corp4.68%
KKR KKR & Co LP4.67%
ARCC Ares Capital Corp4.62%
CLMT Calumet Specialty Products Partners LP4.51%
APO Apollo Global Management LLC4.23%
SFL Ship Finance International Ltd4.10%
MMLP Martin Midstream Partners LP4.01%
MTGE American Capital Mortgage Investment Corp3.71%
PSEC Prospect Capital Corp3.69%

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