Sierra Core Retirement Fund Class I (SIRIX)

23.09
Net Asset Value
-0.04%
1 Day
-0.60%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
2.28%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term total return (the combination of yield and net price gains from the underlying funds) and to limit volatility and downside risk. The fund is a "fund of funds". The Adviser seeks to achieve the fund's investment objectives by investing in (1) open-end investment companies (mutual funds), (2) exchange-traded funds ("ETFs"), and (3) closed-end investment companies using the Adviser's multi-asset diversification strategy. The Adviser constructs the fund's broadly-diversified investment portfolio by investing at various times in a wide range of underlying funds that invest in various security and investment categories.

Performance

1 month-1.62% 3 years+2.75%
3 months-0.79% 5 years+3.49%
1 year+0.69% Since inception+6.27%
Data through --

Peer Comparisonvs. Multisector bond

 SIRIXCategory
Performance 5-yr return+3.49%+6.07%
Expense ratio2.28%1.11%
Risk 5 year sharpe ratio1.121.26
Net assets$567.4M$2.4B
Average market cap$13.4B$27.8B
Average P/E20.116.6
Portfolio turnover78%78%

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

Fund Management and Purchase Info

Fund familySierra Trust
Fund manager & tenureKenneth Sleeper / 7 Years
Minimal initial investment$10,000.00
Minimum IRA investment$10,000.00

Holdings

Fixed income79.72%
Cash8.06%
Other6.42%
U.S. stock4.35%
International stock1.45%
Top 5 Sectors
Portfolio weighting
Financial service 85.11%
Healthcare 3.87%
Business service 3.07%
Consumer service 2.43%
Consumer goods 2.38%
Top 10 Holdings
Portfolio weighting
PTCIX PIMCO Long-Term Credit Fund Institutional Class8.31%
MMHIX MainStay High Yield Municipal Bond Fund Class I7.48%
PFORX PIMCO Foreign Bond (U.S. Dollar-Hedged) Fund Institutional Class7.08%
NERYX Loomis Sayles Core Plus Bond Fund Class Y6.88%
SMMYX Western Asset Managed Municipals Fund Class I6.69%
PIMIX PIMCO Income Fund Institutional Class6.46%
WYMHX Ivy Municipal High Income Fund Class I5.99%
TGLMX TCW Total Return Bond Fund Class I5.26%
BCOIX Baird Core Plus Bond Fund Class Institutional5.15%
IIBWX Voya Intermediate Bond Fund Class W5.13%

To view my watchlist

Not a member yet?

Sign up now for a free account