Hancock Horizon Microcap Inv
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
26.0%
1 yr return
55.2%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
4.3%
Net Assets
$15.7 M
Holdings in Top 10
14.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.55%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 137.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HMIAX - Profile
Distributions
- YTD Total Return 26.0%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHancock Horizon Microcap Fund
-
Fund Family NameHancock Horizon
-
Inception DateMay 29, 2015
-
Shares Outstanding9222
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSteven Solomon
Fund Description
HMIAX - Performance
Return Ranking - Trailing
| Period | HMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.0% | -71.6% | 152.4% | 5.57% |
| 1 Yr | 55.2% | 0.0% | 104.9% | 14.99% |
| 3 Yr | -1.1%* | -15.4% | 20.8% | 98.92% |
| 5 Yr | 4.3%* | -3.7% | 19.9% | 99.35% |
| 10 Yr | N/A* | 4.2% | 15.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -10.7% | -51.0% | 110.8% | 96.11% |
| 2022 | 11.0% | -54.6% | 350.1% | 93.09% |
| 2021 | -23.6% | -67.3% | 3.3% | 61.27% |
| 2020 | 7.8% | -62.9% | 36.3% | 33.70% |
| 2019 | 21.7% | -3.5% | 34.1% | 19.46% |
Total Return Ranking - Trailing
| Period | HMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.0% | -71.3% | 152.4% | 6.02% |
| 1 Yr | 55.2% | 0.0% | 104.9% | 14.03% |
| 3 Yr | -1.1%* | -16.4% | 20.8% | 98.93% |
| 5 Yr | 4.3%* | -4.1% | 19.9% | 99.19% |
| 10 Yr | N/A* | 4.2% | 15.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HMIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -10.7% | -51.0% | 110.8% | 96.42% |
| 2022 | 11.0% | -54.6% | 350.1% | 93.09% |
| 2021 | -21.2% | -67.1% | 3.3% | 70.62% |
| 2020 | 9.8% | -17.6% | 52.6% | 59.56% |
| 2019 | 21.7% | -3.5% | 34.1% | 32.09% |
NAV & Total Return History
HMIAX - Holdings
Concentration Analysis
| HMIAX | Category Low | Category High | HMIAX % Rank | |
|---|---|---|---|---|
| Net Assets | 15.7 M | 456 K | 139 B | 96.58% |
| Number of Holdings | 124 | 2 | 2489 | 56.39% |
| Net Assets in Top 10 | 2.03 M | 3 K | 4.74 B | 96.62% |
| Weighting of Top 10 | 14.06% | 2.5% | 96.5% | 54.02% |
Top 10 Holdings
- Goldman Sachs FS Government Instl 3.05%
- Cambium Networks Corp 1.89%
- Rocky Brands Inc 1.81%
- CURO Group Holdings Corp 1.76%
- Ultra Clean Holdings Inc 1.68%
- The Bancorp Inc 1.58%
- Regional Management Corp 1.51%
- Pro-Dex Inc 1.51%
- Castle Biosciences Inc 1.49%
- OneWater Marine Inc Class A 1.46%
Asset Allocation
| Weighting | Return Low | Return High | HMIAX % Rank | |
|---|---|---|---|---|
| Stocks | 96.95% | 2.01% | 101.61% | 76.21% |
| Cash | 3.05% | -83.89% | 55.66% | 22.03% |
| Preferred Stocks | 0.00% | 0.00% | 12.06% | 22.76% |
| Other | 0.00% | -5.42% | 19.11% | 25.11% |
| Convertible Bonds | 0.00% | 0.00% | 2.02% | 21.73% |
| Bonds | 0.00% | 0.00% | 77.17% | 24.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HMIAX % Rank | |
|---|---|---|---|---|
| Healthcare | 31.49% | 0.45% | 47.71% | 0.30% |
| Financial Services | 19.47% | 0.00% | 39.73% | 15.70% |
| Technology | 12.43% | 0.00% | 47.58% | 77.78% |
| Consumer Cyclical | 10.20% | 0.00% | 49.44% | 85.19% |
| Industrials | 10.00% | 3.94% | 43.08% | 98.52% |
| Energy | 3.55% | 0.00% | 16.49% | 41.04% |
| Real Estate | 3.50% | 0.00% | 22.59% | 81.33% |
| Basic Materials | 3.21% | 0.00% | 26.55% | 87.41% |
| Communication Services | 2.97% | 0.00% | 16.28% | 41.78% |
| Consumer Defense | 2.18% | 0.00% | 12.82% | 84.30% |
| Utilities | 0.99% | 0.00% | 18.50% | 74.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HMIAX % Rank | |
|---|---|---|---|---|
| US | 96.53% | 1.99% | 100.00% | 50.37% |
| Non US | 0.42% | 0.00% | 38.12% | 81.35% |
HMIAX - Expenses
Operational Fees
| HMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.55% | 0.01% | 4.53% | 14.48% |
| Management Fee | 0.80% | 0.00% | 4.05% | 63.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
| HMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | 64.29% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| HMIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 137.00% | 0.00% | 398.00% | 90.36% |
HMIAX - Distributions
Dividend Yield Analysis
| HMIAX | Category Low | Category High | HMIAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.00% | 20.67% |
Dividend Distribution Analysis
| HMIAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| HMIAX | Category Low | Category High | HMIAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.05% | -4.17% | 2.67% | 66.82% |
Capital Gain Distribution Analysis
| HMIAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
HMIAX - Fund Manager Analysis
Managers
Steven Solomon
Start Date
Tenure
Tenure Rank
May 29, 2015
6.26
6.3%
Steve is responsible for equity and fixed income research, and individual portfolio management for Hancock Horizon. Steve manages client portfolios with a commitment to maximizing investment returns, while creating a portfolio that fits each client’s goals and lifestyle needs for both the short and long term. He also serves as a senior analyst in the technology and telecom sectors. He manages the Hancock Horizon Microcap Fund. Steve has over 20 years of experience in financial planning. He has a B.S. in Finance from the University of New Orleans, holds the Chartered Financial Analyst designation and is a Certified Financial Planner.
Stephen Cangelosi
Start Date
Tenure
Tenure Rank
May 31, 2020
1.25
1.3%
Stephen Cangelosi serves as Vice President and Senior Portfolio Manager for the Horizon Advisers and has co-managed. Prior to joining the Horizon Advisers in 2018, Mr. Cangelosi served as Director and Senior Portfolio Manager at Capital One Asset Management, LLC, which he joined in 2002.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 48.87 | 6.93 | 1.83 |