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Sierra Core Retirement Fund Class I (SIRIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
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.


1 month+0.86% 3 years+1.76%
3 months+2.23% 5 years+2.37%
1 year+3.17% Since inception+5.17%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+2.37%+4.18%
Expense ratio2.43%1.10%
Risk 5 year sharpe ratio0.721.06
Net assets$484.6M$2.4B
Average market cap$29.7B$29.4B
Average P/E21.016.9
Portfolio turnover153%153%

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Fund Management and Purchase Info

Fund familySierra Trust
Fund manager & tenureKenneth Sleeper / 9 Years
Minimal initial investment$10,000.00
Minimum IRA investment--


Fixed income72.95%
U.S. stock9.44%
International stock4.94%
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
OOSYX Oppenheimer Senior Floating Rate Fund Class Y11.98%
NHMRX Nuveen High Yield Municipal Bond Fund Class I9.96%
DBLSX DoubleLine Low Duration Bond Fund Class I7.35%
PPSIX Principal Preferred Securities Fund Institutional Class6.97%
HBLIX The Hartford Balanced Income Fund Class I6.01%
PDVYX Putnam Diversified Income Trust Class Y5.09%
PEBIX PIMCO Emerging Markets Bond Fund Institutional Class5.04%
PHIZX Prudential Muni High Income Fund Class Z5.03%
PDMYX Putnam Absolute Return 700 Fund Class Y5.03%
TGEIX TCW Emerging Markets Income Fund Class Institutional5.03%