Sierra Tactical Core Income Fund Institutional Class

Frequently Asked Questions About SSIRX

What does SSIRX invest in?

The Sierra Tactical Core Income Fund strives to generate overall returns, with a considerable portion derived from income, while simultaneously working to minimize market volatility and curb potential losses. The fund allocates its capital primarily to other investment vehicles, specifically open-end mutual funds and exchange-traded funds (ETFs). Notably, it maintains significant flexibility regarding the underlying assets held by these funds, with no predetermined constraints concerning issuer credit quality (including those classified as "high-yield" or "junk bonds"), company market capitalization, geographic location, or the individual maturity periods of the securities within those underlying funds.

What is the expense ratio of SSIRX?

Sierra Tactical Core Income Fund Institutional Class (SSIRX) charges an expense ratio of 1.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is SSIRX's dividend yield?

SSIRX's trailing-twelve-month yield is 4.52%, calculated from the sum of dividends over the past year divided by the current price.

How big is SSIRX?

Sierra Tactical Core Income Fund Institutional Class (SSIRX) manages $1.05B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SSIRX actively managed or an index fund?

SSIRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SSIRX launched?

Sierra Tactical Core Income Fund Institutional Class (SSIRX) launched in December 2011 and is managed by the fund issuer.