HANIX: Hanlon Managed Income Fund - MutualFunds.com

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Hanlon Managed Income I

HANIX - Snapshot

Vitals

  • YTD Return -5.1%
  • 3 Yr Annualized Return -1.4%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $91.9 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$8.67
$8.39
$9.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Compare HANIX to Popular High Yield Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$5.93

0.00%

$27.58 B

4.78%

$0.28

-0.50%

-

$7.69

+0.39%

$25.49 B

5.29%

$0.41

-1.03%

-

$86.31

+0.30%

$23.82 B

4.90%

$4.22

-1.90%

-

$5.45

+0.37%

$20.11 B

5.82%

$0.32

-2.33%

-

$9.97

+0.30%

$16.76 B

5.72%

$0.57

-1.09%

-

HANIX - Profile

Distributions

  • YTD Total Return -5.1%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Hanlon Managed Income Fund
  • Fund Family Name
    Hanlon
  • Inception Date
    Sep 09, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John "Sean" Hanlon

Fund Description

The fund is a tactical asset allocation fund, investing primarily in exchange-traded funds and shares of other investment companies (collectively, "underlying funds"). Using a proprietary investment model, it allocates up to 100% of its portfolio in fixed-income underlying funds, including those classified as high-yield bond (also known as "junk bond") funds. The fund may invest without limit in U.S. and non-U.S. dollar-denominated securities of U.S. and foreign (non-U.S.) issuers, including emerging market securities.


HANIX - Performance

Return Ranking - Trailing

Period HANIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.1% -48.4% 390.9% 92.32%
1 Yr -5.0% -54.3% 9.9% 97.65%
3 Yr -1.4%* -21.8% 8.3% 98.12%
5 Yr 0.3%* -0.9% 9.0% 98.92%
10 Yr N/A* 0.7% 9.2% N/A

* Annualized

Return Ranking - Calendar

Period HANIX Return Category Return Low Category Return High Rank in Category (%)
2019 5.8% -10.3% 226.1% 74.93%
2018 -9.7% -18.4% -0.2% 84.63%
2017 -1.6% -9.5% 18.8% 96.17%
2016 0.7% -9.1% 28.6% 99.11%
2015 N/A -34.3% 3.5% N/A

Total Return Ranking - Trailing

Period HANIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.1% -48.4% 390.9% 92.18%
1 Yr -5.0% -54.3% 9.9% 95.69%
3 Yr -1.4%* -21.8% 8.3% 98.12%
5 Yr 0.3%* -1.1% 9.0% 98.92%
10 Yr N/A* 0.7% 9.2% N/A

* Annualized

Total Return Ranking - Calendar

Period HANIX Return Category Return Low Category Return High Rank in Category (%)
2019 6.0% -8.1% 23.9% 75.36%
2018 -6.1% -18.4% 1.3% 29.53%
2017 2.1% -8.5% 18.8% 39.17%
2016 5.6% -9.1% 39.0% 85.94%
2015 N/A -32.4% 3.5% N/A

NAV & Total Return History


HANIX - Holdings

Concentration Analysis

HANIX Category Low Category High HANIX % Rank
Net Assets 91.9 M 3.33 M 27.6 B 81.04%
Number of Holdings 6 1 2239 99.32%
Net Assets in Top 10 92 M -492 M 2.87 B 41.11%
Weighting of Top 10 N/A 3.4% 100.0% 11.99%

Top 10 Holdings

  1. Morgan Stanley InstlLqdty TrsSecs Instl 81.01%
  2. SPDR® Blmbg Barclays Convert Secs ETF 5.14%
  3. iShares Preferred&Income Securities ETF 5.06%
  4. SPDR® Blmbg Barclays Intl Trs Bd ETF 4.92%
  5. iShares Gold Trust 3.99%

Asset Allocation

Weighting Return Low Return High HANIX % Rank
Cash
80.94% -48.94% 100.00% 0.81%
Preferred Stocks
5.33% 0.00% 7.97% 1.49%
Bonds
4.93% 0.00% 141.18% 99.73%
Convertible Bonds
4.05% 0.00% 19.96% 7.87%
Other
4.04% -2.78% 58.14% 2.71%
Stocks
0.72% -28.46% 28.23% 27.27%

Stock Sector Breakdown

Weighting Return Low Return High HANIX % Rank
Utilities
81.75% 0.00% 99.51% 5.03%
Industrials
10.21% 0.00% 100.00% 17.29%
Basic Materials
3.84% 0.00% 100.00% 19.04%
Healthcare
3.74% 0.00% 100.00% 21.01%
Real Estate
0.46% 0.00% 100.00% 17.72%
Technology
0.00% 0.00% 46.47% 39.82%
Financial Services
0.00% 0.00% 100.00% 41.36%
Energy
0.00% 0.00% 100.00% 77.24%
Communication Services
0.00% 0.00% 100.00% 54.27%
Consumer Defense
0.00% 0.00% 52.26% 26.70%
Consumer Cyclical
0.00% 0.00% 100.00% 49.02%

Stock Geographic Breakdown

Weighting Return Low Return High HANIX % Rank
US
0.70% -28.07% 19.67% 26.87%
Non US
0.02% -0.39% 13.32% 21.44%

Bond Sector Breakdown

Weighting Return Low Return High HANIX % Rank
Cash & Equivalents
84.99% 0.00% 100.00% 1.22%
Corporate
9.88% 0.00% 100.00% 98.51%
Government
5.10% 0.00% 74.11% 7.34%
Securitized
0.03% 0.00% 95.38% 40.08%
Derivative
0.00% 0.00% 51.02% 34.92%
Municipal
0.00% 0.00% 16.25% 24.59%

Bond Geographic Breakdown

Weighting Return Low Return High HANIX % Rank
Non US
4.87% -27.40% 96.73% 93.76%
US
0.06% 0.00% 127.79% 99.73%

HANIX - Expenses

Operational Fees

HANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.04% 20.17% 28.47%
Management Fee 1.00% 0.00% 1.84% 95.77%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HANIX 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.

HANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 349.00% 99.52%

HANIX - Distributions

Dividend Yield Analysis

HANIX Category Low Category High HANIX % Rank
Dividend Yield 0.00% 0.00% 6.32% 27.70%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HANIX Category Low Category High HANIX % Rank
Net Income Ratio 1.89% -0.81% 10.03% 98.48%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HANIX - Fund Manager Analysis

Managers

John "Sean" Hanlon


Start Date

Tenure

Tenure Rank

Sep 09, 2015

5.15

5.2%

Sean Hanlon, CFP®, founded Hanlon Investment Management, Inc. in 1999 and currently serves as Chairman, Chief Executive Officer and Co-Chief Investment Officer. He serves on the Board of Trustees of the Stevens Institute of Technology, where he is Chairman of the Investment Committee and a member of the Finance Committee. He is also Chairman of the Advisory Board for the Stevens Financial Systems Center. Mr. Hanlon earned a Bachelor’s degree in mechanical engineering from the Stevens Institute of Technology in 1980.

George Peller


Start Date

Tenure

Tenure Rank

Nov 01, 2018

2.0

2.0%

George Peller joined the company in 2013 as a Research Associate. In his current role as Co-Chief Investment Officer, he oversees the daily operations of the Hanlon Research Team and provides portfolio management support. He has over 10 years of investment experience, including six and a half years at BlackRock as a member of the Alternative Investments team and two years at Wells Fargo. George graduated with honors, Cum Laude, from La Salle University in 2003 with a major in Finance and a minor in Risk Management and Insurance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.21 6.49 1.34
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