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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+0.71% 3 years+1.95%
3 months-1.09% 5 years+2.37%
1 year+4.56% Since inception+5.09%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+2.37%+4.46%
Expense ratio2.31%1.12%
Risk 5 year sharpe ratio0.741.08
Net assets$463.2M$2.2B
Average market cap$9.3B$13.7B
Average P/E18.321.8
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 income84.07%
U.S. stock5.53%
International stock3.76%
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
AGDYX AB High Income Fund Advisor Class9.57%
WYMHX Ivy Municipal High Income Fund Class I8.39%
SMMYX Western Asset Managed Municipals Fund Class I7.88%
PEBIX PIMCO Emerging Markets Bond Fund Institutional Class7.19%
ORNYX Oppenheimer Rochester® High YieldMunicipal Fund Class Y6.21%
PPSIX Principal Preferred Securities Fund Institutional Class5.83%
TOLIX Deutsche Global Infrastructure Fund Institutional Class5.35%
MMHIX MainStay High Yield Municipal Bond Fund Class I5.30%
DBLTX DoubleLine Total Return Bond Fund Class I5.21%
PHIYX PIMCO High Yield Fund Institutional Class4.89%