Highland Total Return C
Name
As of 11/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.1%
1 yr return
-4.1%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
2.6%
Net Assets
$65.2 M
Holdings in Top 10
46.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.98%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 62.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HTACX - Profile
Distributions
- YTD Total Return 4.1%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.09%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHighland Total Return Fund
-
Fund Family NameHighland Funds
-
Inception DateSep 30, 1999
-
Shares Outstanding98576
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJim Garrison
Fund Description
HTACX - Performance
Return Ranking - Trailing
Period | HTACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | -40.7% | 26.7% | 67.24% |
1 Yr | -4.1% | -21.7% | 26.7% | 91.73% |
3 Yr | -0.6%* | -4.7% | 12.9% | 97.31% |
5 Yr | 2.6%* | -0.8% | 11.3% | 96.32% |
10 Yr | 3.8%* | 0.4% | 11.8% | 97.73% |
* Annualized
Return Ranking - Calendar
Period | HTACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.0% | -5.8% | 25.7% | 10.14% |
2022 | -11.9% | -32.7% | 0.0% | 54.97% |
2021 | 1.5% | -6.5% | 22.4% | 95.41% |
2020 | 8.5% | -43.7% | 23.3% | 6.90% |
2019 | -13.1% | -32.5% | 2.6% | 97.49% |
Total Return Ranking - Trailing
Period | HTACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.1% | -40.7% | 26.7% | 67.24% |
1 Yr | -5.1% | -21.7% | 26.7% | 90.96% |
3 Yr | -0.6%* | -4.7% | 12.9% | 95.72% |
5 Yr | 2.6%* | -0.8% | 11.3% | 94.72% |
10 Yr | 3.8%* | 0.4% | 11.8% | 96.97% |
* Annualized
Total Return Ranking - Calendar
Period | HTACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.0% | -5.8% | 25.7% | 10.30% |
2022 | -11.9% | -32.7% | 0.8% | 81.73% |
2021 | 7.0% | -3.7% | 31.9% | 88.78% |
2020 | 9.7% | -43.7% | 23.3% | 10.62% |
2019 | -1.5% | -32.5% | 5.6% | 35.59% |
NAV & Total Return History
HTACX - Holdings
Concentration Analysis
HTACX | Category Low | Category High | HTACX % Rank | |
---|---|---|---|---|
Net Assets | 65.2 M | 716 K | 166 B | 84.02% |
Number of Holdings | 124 | 2 | 14317 | 47.16% |
Net Assets in Top 10 | 31.5 M | 654 K | 30 B | 85.33% |
Weighting of Top 10 | 46.92% | 9.3% | 100.0% | 46.09% |
Top 10 Holdings
- PICO Holdings Inc 8.19%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
- Bollore SA 5.80%
Asset Allocation
Weighting | Return Low | Return High | HTACX % Rank | |
---|---|---|---|---|
Stocks | 68.92% | 0.00% | 134.22% | 4.63% |
Bonds | 16.44% | -2.18% | 97.64% | 97.01% |
Cash | 8.82% | -34.22% | 89.35% | 13.32% |
Preferred Stocks | 5.29% | 0.00% | 28.13% | 1.65% |
Convertible Bonds | 0.39% | 0.00% | 26.75% | 52.84% |
Other | 0.14% | -3.55% | 30.21% | 31.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HTACX % Rank | |
---|---|---|---|---|
Communication Services | 43.64% | 0.00% | 43.64% | 0.15% |
Financial Services | 12.31% | 0.00% | 100.00% | 76.65% |
Utilities | 11.89% | 0.00% | 100.00% | 4.49% |
Consumer Cyclical | 10.38% | 0.00% | 24.29% | 66.62% |
Energy | 6.02% | 0.00% | 90.89% | 6.89% |
Industrials | 4.81% | 0.00% | 35.09% | 95.36% |
Consumer Defense | 3.79% | 0.00% | 17.85% | 92.07% |
Basic Materials | 3.09% | 0.00% | 30.87% | 62.87% |
Healthcare | 1.93% | 0.00% | 36.21% | 95.96% |
Real Estate | 1.47% | 0.00% | 100.00% | 86.68% |
Technology | 0.66% | 0.00% | 48.90% | 98.20% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HTACX % Rank | |
---|---|---|---|---|
US | 47.25% | 0.13% | 131.11% | 48.95% |
Non US | 21.67% | 0.00% | 33.15% | 12.43% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HTACX % Rank | |
---|---|---|---|---|
Corporate | 44.90% | 0.00% | 99.06% | 28.74% |
Cash & Equivalents | 32.29% | 0.08% | 100.00% | 6.44% |
Securitized | 16.77% | 0.00% | 59.07% | 63.77% |
Government | 2.87% | 0.00% | 99.53% | 93.26% |
Municipal | 2.70% | 0.00% | 24.46% | 15.27% |
Derivative | 0.46% | 0.00% | 32.58% | 27.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HTACX % Rank | |
---|---|---|---|---|
US | 13.08% | -6.66% | 74.69% | 97.01% |
Non US | 3.36% | -7.18% | 73.06% | 55.39% |
HTACX - Expenses
Operational Fees
HTACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.98% | 0.01% | 4.93% | 5.48% |
Management Fee | 0.50% | 0.00% | 1.75% | 56.48% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 81.62% |
Administrative Fee | 0.20% | 0.01% | 0.83% | 80.43% |
Sales Fees
HTACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 26.88% |
Trading Fees
HTACX 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.
HTACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 62.00% | 0.00% | 484.00% | 65.44% |
HTACX - Distributions
Dividend Yield Analysis
HTACX | Category Low | Category High | HTACX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.99% | 15.72% |
Dividend Distribution Analysis
HTACX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
HTACX | Category Low | Category High | HTACX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.09% | -0.99% | 11.02% | 98.31% |
Capital Gain Distribution Analysis
HTACX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2017 | $0.612 | |
Dec 21, 2016 | $0.062 | |
Dec 21, 2015 | $0.283 | |
Dec 22, 2014 | $0.207 | |
Dec 20, 2013 | $0.090 | |
Dec 27, 2012 | $0.054 | |
Dec 28, 2011 | $0.073 | |
Dec 23, 2009 | $0.162 | |
Dec 24, 2008 | $0.242 | |
Dec 20, 2007 | $0.282 | |
Dec 21, 2006 | $0.327 | |
Dec 22, 2005 | $0.223 | |
Dec 23, 2004 | $0.261 | |
Dec 10, 2003 | $0.186 | |
Dec 05, 2002 | $0.299 | |
Dec 06, 2001 | $0.381 |
HTACX - Fund Manager Analysis
Managers
Jim Garrison
Start Date
Tenure
Tenure Rank
Feb 01, 2015
5.75
5.8%
Jim Garrison is a portfolio manager at First Foundation Advisors. Mr. Garrison is part of the investment team. He is a member of FFA’s Investment Committee, where he assists in shaping the portfolio investment process and overall asset allocations. Mr. Garrison also provides research and recommendations of third-party equity investment opportunities. Prior to joining FFA in 1999, Mr. Garrison worked as an internal audit consultant for Arthur Andersen, LLP. Mr. Garrison earned a Bachelor of Science in Agricultural and Managerial Economics from the University of California, Davis and is a Chartered Financial Analyst.
Eric Speron
Start Date
Tenure
Tenure Rank
Feb 01, 2015
5.75
5.8%
Eric Speron is a portfolio manager at First Foundation Advisors(FFA). Mr. Speron is part of the investment team. He is a member of FFA’s Investment Committee, where he assists in shaping the portfolio investment process and overall asset allocations. Mr. Speron also provides research and recommendations of third-party equity investment opportunities. Prior to joining FFA in 2007, Mr. Speron worked at Credit Suisse First Boston and JPMorgan. Mr. Speron earned a Bachelor of Arts Degree from Georgetown University and is a Chartered Financial Analyst.
John Hakopian
Start Date
Tenure
Tenure Rank
Feb 01, 2015
5.75
5.8%
Mr. Hakopian is Portfolio Manager and President of First Foundation Advisors (“FFA”) and a Director of First Foundation Inc. and First Foundation Bank. Mr. Hakopian oversees the vision, strategy, operations and development of the investment management service for FFA. Having been with FFA since its inception in 1990, Mr. Hakopian has been closely involved in developing and delivering the firm’s investment services. He became President in 2009. Mr. Hakopian earned a Bachelor of Arts degree in economics in three years from the University of California, Irvine and an MBA in Finance from the University of Southern California.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 36.86 | 6.24 | 0.83 |