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Name

As of 09/24/2021

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

Hancock Horizon Mississippi Tax-Free Income Fund

HHMTX | Fund

$16.93

$11.6 M

0.00%

0.75%

Vitals

YTD Return

-1.0%

1 yr return

1.7%

3 Yr Avg Return

4.4%

5 Yr Avg Return

2.3%

Net Assets

$11.6 M

Holdings in Top 10

48.0%

52 WEEK LOW AND HIGH

$16.9
$16.88
$17.17

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 6.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 09/24/2021

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

Hancock Horizon Mississippi Tax-Free Income Fund

HHMTX | Fund

$16.93

$11.6 M

0.00%

0.75%

HHMTX - Profile

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Hancock Horizon Mississippi Tax-Free Income Fund
  • Fund Family Name
    Hancock Horizon
  • Inception Date
    Feb 01, 2011
  • Shares Outstanding
    567305
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffery Tanguis

Fund Description

HHMTX - Performance

Return Ranking - Trailing

Period HHMTX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -88.5% 100.7% 64.27%
1 Yr 1.7% -20.5% 20.4% 78.40%
3 Yr 4.4%* -6.2% 10.9% 48.20%
5 Yr 2.3%* -3.5% 7.1% 62.93%
10 Yr 3.6%* -0.2% 9.3% 48.83%

* Annualized

Return Ranking - Calendar

Period HHMTX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -91.1% 310.0% 24.36%
2022 4.7% -79.8% 15.4% 21.20%
2021 -2.8% -72.6% 97.2% 63.72%
2020 1.4% -100.0% 7.6% 50.80%
2019 -2.9% -35.9% 96.8% 51.11%

Total Return Ranking - Trailing

Period HHMTX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -88.5% 100.7% 64.27%
1 Yr 1.7% -24.2% 24.2% 50.19%
3 Yr 4.4%* -7.0% 11.7% 39.15%
5 Yr 2.3%* -4.0% 7.1% 48.99%
10 Yr 3.6%* -0.6% 9.3% 44.77%

* Annualized

Total Return Ranking - Calendar

Period HHMTX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -91.1% 310.0% 24.36%
2022 5.1% -79.8% 15.4% 13.68%
2021 -0.2% -72.6% 11.0% 9.33%
2020 4.3% -100.0% 7.6% 5.08%
2019 -0.1% -35.9% 3.0% 2.92%

NAV & Total Return History

HHMTX - Holdings

Concentration Analysis

HHMTX Category Low Category High HHMTX % Rank
Net Assets 11.6 M 882 K 88.1 B 98.72%
Number of Holdings 33 1 12437 69.75%
Net Assets in Top 10 5.55 M -308 M 3.93 B 71.84%
Weighting of Top 10 48.04% 2.4% 100.0% 30.35%

Top 10 Holdings

  1. MISSISSIPPI DEV BK SPL OBLIG 3.38% 6.62%
  2. OXFORD MISS 3.12% 5.38%
  3. MISSISSIPPI ST GAMING TAX REV 5% 5.13%
  4. MISSISSIPPI ST UNIV EDL BLDG CORP REV 4% 5.03%
  5. MISSISSIPPI DEV BK 5.25% 4.77%
  6. MISSISSIPPI ST 3% 4.76%
  7. MISSISSIPPI ST 3.75% 4.44%
  8. MISSISSIPPI DEV BK SPL OBLIG 5% 4.38%
  9. STARKVILLE MISS 4% 4.10%
  10. S M EDL BLDG CORP REV MISS 3.25% 3.95%

Asset Allocation

Weighting Return Low Return High HHMTX % Rank
Bonds 		96.15% 46.14% 145.79% 79.34%
Cash 		3.85% -45.79% 53.86% 20.47%
Stocks 		0.00% -0.15% 2.80% 68.99%
Preferred Stocks 		0.00% -3.40% 1.05% 67.62%
Other 		0.00% -9.70% 30.00% 68.89%
Convertible Bonds 		0.00% -0.02% 1.09% 68.81%

Bond Sector Breakdown

Weighting Return Low Return High HHMTX % Rank
Municipal 		96.15% 46.14% 100.00% 77.04%
Cash & Equivalents 		3.85% 0.00% 53.86% 21.78%
Derivative 		0.00% 0.00% 0.09% 68.73%
Securitized 		0.00% 0.00% 8.03% 69.42%
Corporate 		0.00% 0.00% 11.97% 73.97%
Government 		0.00% 0.00% 50.63% 70.81%

Bond Geographic Breakdown

Weighting Return Low Return High HHMTX % Rank
US 		96.15% 0.00% 141.11% 60.91%
Non US 		0.00% 0.00% 100.00% 93.74%

HHMTX - Expenses

Operational Fees

HHMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.04% 4.23% 31.97%
Management Fee 0.60% 0.00% 1.60% 96.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% 58.36%

Sales Fees

HHMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

HHMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

HHMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 299.40% 6.50%

HHMTX - Distributions

Dividend Yield Analysis

HHMTX Category Low Category High HHMTX % Rank
Dividend Yield 0.00% 0.00% 35.27% 69.24%

Dividend Distribution Analysis

HHMTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

HHMTX Category Low Category High HHMTX % Rank
Net Income Ratio 2.16% -0.53% 24.00% 52.54%

Capital Gain Distribution Analysis

HHMTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Distributions History

View More +

HHMTX - Fund Manager Analysis

Managers

Jeffery Tanguis

Start Date

Tenure

Tenure Rank

Feb 01, 2011

10.59

10.6%

Jeffrey Tanguis is an investment director at Hancock Whitney Bank, where he is responsible for developing and implementing fixed income strategy and serves as a portfolio manager for high net worth clients. Additionally, he is manages the Louisiana Tax-Free Income Fund and the Mississippi Tax-Free Income Fund for the Hancock Horizon Family of Funds.

Nathan Grant

Start Date

Tenure

Tenure Rank

May 31, 2018

3.25

3.3%

Nathan Grant, CFA, serves as a Corporate Credit Analyst for the Adviser and has managed the Louisiana Tax-Free Income Fund and Mississippi Tax-Free Income Fund since 2018. Mr. Grant joined the Adviser in 2009 and has over 20 years of investment experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.44 7.23 0.83

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