- What does FLBDX invest in?
- The Meeder Tactical Income Retail fund primarily allocates a minimum of 80% of its net assets to fixed income investments. This is largely accomplished by investing in mutual funds and exchange-traded funds (ETFs) that target both domestic and international debt securities. The fund maintains flexibility regarding the duration of these fixed income holdings and can also leverage derivative instruments to gain exposure to the bond market. Additionally, up to 20% of its portfolio may be directed towards equity securities, which include preferred stock, convertible instruments, common shares, and Real Estate Investment Trusts (REITs).
- What is the expense ratio of FLBDX?
- Meeder Tactical Income Retail (FLBDX) charges an expense ratio of 1.51%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FLBDX's dividend yield?
- FLBDX's trailing-twelve-month yield is 4.18%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FLBDX?
- Effective duration measures FLBDX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FLBDX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FLBDX?
- FLBDX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FLBDX?
- Yield to maturity (YTM) is the total return you'd earn from FLBDX if every bond in the portfolio is held to maturity at the current price. FLBDX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
