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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
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+0.54% 3 years+0.75%
3 months+2.75% 5 years+1.80%
1 year-0.65% Since inception+5.29%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+1.80%+3.69%
Expense ratio2.31%1.14%
Risk 5 year sharpe ratio0.590.81
Net assets$435.6M$2.1B
Average market cap$1.6B$20.4B
Average P/E17.918.9
Portfolio turnover131%131%

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Fund Management and Purchase Info

Fund familySierra Trust
Fund manager & tenureKenneth Sleeper / 8 Years
Minimal initial investment$10,000.00
Minimum IRA investment--


Fixed income47.46%
International stock7.93%
U.S. stock0.59%
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
WYMHX Ivy Municipal High Income Fund Class I8.96%
SMMYX Western Asset Managed Municipals Fund Class I8.52%
CPXIX Cohen & Steers Preferred Securities and Income Fund,Inc.Class I6.67%
DBLTX DoubleLine Total Return Bond Fund Class I6.63%
ORNYX Oppenheimer Rochester® High YieldMunicipal Fund Class Y6.27%
OSCIX Oppenheimer International Small-Mid Company Fund Class I5.24%
TGLMX TCW Total Return Bond Fund Class I5.13%
MMHIX MainStay High Yield Municipal Bond Fund Class I5.08%
NHMRX Nuveen High Yield Municipal Bond Fund Class I3.49%
ESMYX Invesco European Small Company Fund Class Y3.16%

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