Sierra Strategic Income Fund Quote
| SSIRX Fund | USD 20.00 0.01 0.05% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Sierra Strategic is trading at 20.00 as of the 30th of January 2025; that is 0.05 percent down since the beginning of the trading day. The fund's open price was 20.01. Sierra Strategic has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 12th of March 2023 and ending today, the 30th of January 2025. Click here to learn more.
The fund invests in open-end investment companies , exchange-traded funds . It invests in underlying funds without restriction as to issuer credit quality , capitalization, country or the individual security maturity of the securities held by the underlying funds. More on Sierra Strategic Income
Moving together with Sierra Mutual Fund
Sierra Mutual Fund Highlights
| Fund Concentration | Sierra Mutual Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Sierra Mutual Funds (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 30th of January 2023 |
| Fiscal Year End | September |
Sierra Strategic Income [SSIRX] is traded in USA and was established 30th of January 2025. Sierra Strategic is listed under Sierra Mutual Funds category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Sierra Mutual Funds family. This fund at this time has accumulated 1.99 B in assets with minimum initial investment of 100 K. Sierra Strategic Income is currently producing year-to-date (YTD) return of 0.7% with the current yeild of 0.05%, while the total return for the last 3 years was 1.61%.
Check Sierra Strategic Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Sierra Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Sierra Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Sierra Strategic Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Sierra Strategic Income Mutual Fund Constituents
| MHYIX | Mainstay High Yield | Mutual Fund | High Yield Bond | |
| DBLSX | Doubleline Low Duration | Mutual Fund | Short-Term Bond | |
| PDIIX | Diversified Income Fund | Mutual Fund | Multisector Bond | |
| GTEYX | Gateway Fund Class | Mutual Fund | Options Trading | |
| MMHIX | Mainstay High Yield | Mutual Fund | High Yield Muni | |
| EMKIX | Ashmore Emerging Markets | Mutual Fund | Emerging Markets Bond | |
| IEF | iShares 7 10 Year | Etf | Long Government | |
| JEMDX | Jpmorgan Emerging Markets | Mutual Fund | Emerging Markets Bond |
Sierra Strategic Income Risk Profiles
| Mean Deviation | 0.1189 | |||
| Semi Deviation | 0.1206 | |||
| Standard Deviation | 0.1629 | |||
| Variance | 0.0265 |
Sierra Strategic Against Markets
Other Information on Investing in Sierra Mutual Fund
Sierra Strategic financial ratios help investors to determine whether Sierra Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sierra with respect to the benefits of owning Sierra Strategic security.
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