Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Greenspring Income Opportunities Fund

GRIOX | Fund

$9.82

$418 M

0.00%

0.85%

Vitals

YTD Return

2.4%

1 yr return

6.4%

3 Yr Avg Return

6.6%

5 Yr Avg Return

N/A

Net Assets

$418 M

Holdings in Top 10

17.8%

52 WEEK LOW AND HIGH

$9.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Greenspring Income Opportunities Fund

GRIOX | Fund

$9.82

$418 M

0.00%

0.85%

GRIOX - Profile

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Greenspring Income Opportunities Fund
  • Fund Family Name
    Dakota Funds
  • Inception Date
    Dec 15, 2021
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, the Fund invests primarily in a diversified portfolio of fixed income
securities, including high-yield fixed income securities (sometimes referred to as “junk” bonds) of
corporate issuers as a principal investment. The Fund may also invest in convertible securities, investment
grade corporate securities, bank loans to corporate borrowers, variable or floating rate instruments, U.S.
Government and Agency securities and debt issued by non-U.S. companies.
High-yield securities typically pay high current interest and may offer potential capital appreciation in
certain circumstances; however, they also involve additional risks as compared to investment-grade fixed
income securities. The Adviser considers high yield bonds to be those that are rated below investment
grade (lower than BBB- by S&P Global Ratings or lower than Baa3 by Moody’s Credit Ratings or, if
unrated, deemed by the Adviser to be of comparable quality), including those that are in default at the
time of purchase. Convertible securities are bonds or preferred stocks that are convertible into common
stock or other equity interests at a predetermined price or conversion ratio during a specified period. Non-
U.S. companies are defined as those that are domiciled or headquartered outside of the United States or
whose primary business activities or principal trading markets are located outside of the United States.
The Fund may also invest in equity securities of U.S. and non-U.S. companies. These investments will
typically focus on preferred stocks, but the Fund may also hold common stocks.
While the Fund may invest in securities of any maturity, the Fund will normally seek to maintain a
weighted average portfolio duration of three years or less. Duration is a measure of the underlying
portfolio’s price sensitivity to changes in prevailing interest rates. The longer a security’s duration, the
more sensitive its price will be to changes in interest rates. For example, the approximate percentage
decrease in the price of a security with a three-year duration would be 3% in response to a 1% increase in
interest rates.
In selecting securities for the Fund, the Adviser performs detailed fundamental credit analysis, including
factors such as capital structure, cash flow, and earnings potential. The Adviser also considers qualitative
factors such as a company’s competitive position, business prospects, management, and industry
dynamics.
The Adviser may reduce or exit positions when it believes doing so is appropriate and consistent with the
Fund’s objective, or when market conditions, particular industries, or company-specific issues warrant
such action. 
If the Adviser cannot find securities that meet its investment criteria for the Fund, or for cash management
purposes, it may invest in high-quality, short-term money market instruments, including money market
funds.
Read More

GRIOX - Performance

Return Ranking - Trailing

Period GRIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% N/A N/A N/A
1 Yr 6.4% N/A N/A N/A
3 Yr 6.6%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period GRIOX Return Category Return Low Category Return High Rank in Category (%)
2025 0.1% N/A N/A N/A
2024 0.5% N/A N/A N/A
2023 2.1% N/A N/A N/A
2022 -4.4% N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period GRIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% N/A N/A N/A
1 Yr 6.4% N/A N/A N/A
3 Yr 6.6%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period GRIOX Return Category Return Low Category Return High Rank in Category (%)
2025 7.0% N/A N/A N/A
2024 7.3% N/A N/A N/A
2023 8.3% N/A N/A N/A
2022 -0.7% N/A N/A N/A
2021 N/A N/A N/A N/A

NAV & Total Return History

GRIOX - Holdings

Concentration Analysis

GRIOX Category Low Category High GRIOX % Rank
Net Assets 418 M N/A N/A N/A
Number of Holdings 126 N/A N/A N/A
Net Assets in Top 10 72.1 M N/A N/A N/A
Weighting of Top 10 17.76% N/A N/A N/A

Top 10 Holdings

  1. First American Treasury Obligations Fund 3.93%
  2. Invesco Treasury Portfolio 2.86%
  3. Travel + Leisure Co 1.49%
  4. Owens-Brockway Glass Container Inc 1.41%
  5. Academy Ltd 1.38%
  6. American Axle Manufacturing Inc 1.37%
  7. Carvana Co 1.36%
  8. Enova International Inc 1.33%
  9. NESCO Holdings II Inc 1.32%
  10. ATI Inc 1.31%

Asset Allocation

Weighting Return Low Return High GRIOX % Rank
Bonds 		92.12% N/A N/A N/A
Cash 		7.88% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High GRIOX % Rank
Cash & Equivalents 		6.79% N/A N/A N/A
Derivative 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High GRIOX % Rank
US 		92.12% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

GRIOX - Expenses

Operational Fees

GRIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% N/A N/A N/A
Management Fee 0.60% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

GRIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

GRIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GRIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

GRIOX - Distributions

Dividend Yield Analysis

GRIOX Category Low Category High GRIOX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

GRIOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

GRIOX Category Low Category High GRIOX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

GRIOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

GRIOX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.