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 01/29/2021

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

HSBC Strategic Income Fund

HBIIX | Fund

$10.53

$33.8 M

3.90%

$0.14

2.31%

Vitals

YTD Return

-0.2%

1 yr return

10.1%

3 Yr Avg Return

6.4%

5 Yr Avg Return

6.9%

Net Assets

$33.8 M

Holdings in Top 10

14.1%

52 WEEK LOW AND HIGH

$10.5
$8.78
$10.80

Expenses

OPERATING FEES

Expense Ratio 2.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 75.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 01/29/2021

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

HSBC Strategic Income Fund

HBIIX | Fund

$10.53

$33.8 M

3.90%

$0.14

2.31%

HBIIX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 6.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.25%
DIVIDENDS
  • Dividend Yield 3.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    HSBC Strategic Income Fund
  • Fund Family Name
    HSBC
  • Inception Date
    Jul 14, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Rick Liu

Fund Description

HBIIX - Performance

Return Ranking - Trailing

Period HBIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -4.7% 9.6% 77.55%
1 Yr 10.1% -28.0% 23.3% 6.93%
3 Yr 6.4%* -14.9% 10.5% 6.01%
5 Yr 6.9%* -12.7% 14.7% 14.55%
10 Yr N/A* -1.3% 12.8% N/A

* Annualized

Return Ranking - Calendar

Period HBIIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -49.2% 314.3% 40.39%
2022 6.6% -35.1% 15.3% 23.05%
2021 -7.6% -48.0% 3.1% 82.38%
2020 3.3% -14.8% 11.2% 21.54%
2019 5.7% -11.2% 10.7% 13.90%

Total Return Ranking - Trailing

Period HBIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -4.7% 8.3% 77.42%
1 Yr 10.1% -30.5% 23.3% 5.87%
3 Yr 6.4%* -16.6% 10.5% 5.55%
5 Yr 6.9%* -13.7% 14.7% 13.22%
10 Yr N/A* -1.3% 12.8% N/A

* Annualized

Total Return Ranking - Calendar

Period HBIIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -49.2% 314.3% 40.39%
2022 7.0% -35.1% 15.3% 22.44%
2021 -2.6% -48.0% 8.0% 34.23%
2020 5.6% -14.8% 15.2% 17.77%
2019 9.6% -11.2% 17.7% 5.52%

NAV & Total Return History

HBIIX - Holdings

Concentration Analysis

HBIIX Category Low Category High HBIIX % Rank
Net Assets 33.8 M 1.48 M 133 B 90.75%
Number of Holdings 222 3 7676 69.51%
Net Assets in Top 10 4.68 M -2.73 B 12 B 87.08%
Weighting of Top 10 14.14% 4.8% 100.0% 79.48%

Top 10 Holdings

  1. United States Treasury Notes 0.25% 1.94%
  2. Broadcom Inc 4.7% 1.87%
  3. Northern Institutional US Government 1.81%
  4. Exxon Mobil Corporation 2.61% 1.63%
  5. Ford Motor Credit Company LLC 5.11% 1.55%
  6. AT&T Inc 2.25% 1.51%
  7. BP Capital Markets America, Inc. 1.75% 1.50%
  8. Western Midstream Operating LP 3.1% 1.44%
  9. Simon Property Group, L.P. 3.8% 1.22%
  10. The Walt Disney Company 2.65% 1.22%

Asset Allocation

Weighting Return Low Return High HBIIX % Rank
Bonds 		91.65% -262.75% 9989800.00% 34.92%
Convertible Bonds 		4.52% 0.00% 179.84% 24.23%
Cash 		2.87% -220.60% 362.75% 68.44%
Preferred Stocks 		0.96% 0.00% 34.52% 24.37%
Stocks 		0.00% -91.60% 171.32% 86.51%
Other 		0.00% -42.24% 120.57% 70.31%

Bond Sector Breakdown

Weighting Return Low Return High HBIIX % Rank
Corporate 		91.88% 0.00% 99.97% 3.46%
Government 		5.26% 0.00% 98.91% 63.78%
Cash & Equivalents 		2.86% 0.00% 100.00% 82.96%
Derivative 		0.00% 0.00% 66.79% 79.76%
Securitized 		0.00% 0.00% 98.78% 96.01%
Municipal 		0.00% 0.00% 42.12% 74.57%

Bond Geographic Breakdown

Weighting Return Low Return High HBIIX % Rank
US 		71.79% -262.75% 168.96% 35.02%
Non US 		19.86% -13.39% 151.10% 54.33%

HBIIX - Expenses

Operational Fees

HBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.31% 0.01% 14.61% 12.99%
Management Fee 0.65% 0.00% 2.25% 63.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.70% 6.91%

Sales Fees

HBIIX 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 1.00% 5.50% N/A

Trading Fees

HBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

HBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.00% 0.00% 493.00% 43.24%

HBIIX - Distributions

Dividend Yield Analysis

HBIIX Category Low Category High HBIIX % Rank
Dividend Yield 3.90% 0.00% 6.26% 65.03%

Dividend Distribution Analysis

HBIIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

HBIIX Category Low Category High HBIIX % Rank
Net Income Ratio 4.25% -1.55% 18.14% 20.56%

Capital Gain Distribution Analysis

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

Distributions History

View More +

HBIIX - Fund Manager Analysis

Managers

Rick Liu

Start Date

Tenure

Tenure Rank

Jul 14, 2015

5.47

5.5%

Ricky Liu is a senior portfolio manager in the Global Credit team within HSBC Global Asset Management in New York and has been working in the financial industry since 2003. Ricky has been responsible for managing global and US credit portfolios since 2011, and is primarily focused on high yield and crossover credit. Previously, Ricky was a credit analyst in the Distressed Opportunities investment team in New York (2005-2011). He started his career at HSBC in 2004 as part of the Global Analyst rotational program of HSBC in Hong Kong and London. Ricky holds a Bachelor of Commerce (Hons) in Finance from the Sauder School of Business at the University of British Columbia (Canada) and is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 29.73 5.49 1.87

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.