HDACX: Hancock Horizon Dynamic Asset Allc C

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HDACX Hancock Horizon Dynamic Asset Allc C

  • Fund
  • HDACX
  • Price as of: May 24, 2019
  • $14.98 + $0.05 + 0.34%
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

HDACX - Profile

Vitals

  • YTD Return 4.3%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return N/A
  • Net Assets $13.4 M
  • Holdings in Top 10 71.4%

52 WEEK LOW AND HIGH

$14.98
$14.13
$15.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.38%

SALES FEES

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

BROKERAGE FEES

  • Turnover 310.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 4.3%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Hancock Horizon Dynamic Asset Allocation Fund
  • Fund Family Name Hancock Horizon
  • Inception Date May 29, 2015
  • Shares Outstanding 20648
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Austin Zaunbrecher

Fund Description

The fund is designed to provide diversification among various asset classes by investing its assets in a combination of exchange-traded funds ("ETFs"). The Adviser buys and sells certain broad-based ETFs ("underlying ETFs") for the fund based on its analysis of trends in equity, fixed income and alternative asset classes. The underlying ETFs may attempt to track the price movements of fixed income securities of any credit quality, including those that are rated below investment grade ("high yield" or "junk" bonds).

HDACX - Mutual Fund Categories

HDACX - Performance

Return Ranking - Trailing

Period HDACX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -50.0% 268.1% 74.49%
1 Yr -1.5% -64.8% 268.1% 59.90%
3 Yr 3.2%* -100.0% 115.6% 40.51%
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.2% N/A

* Annualized


Return Ranking - Calendar

Period HDACX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.6% -100.0% 73.0% 44.95%
2017 10.9% -76.0% 212.6% 40.49%
2016 8.2% -65.0% 900.0% 19.17%
2015 N/A -87.3% 336.8% N/A
2014 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HDACX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -50.0% 268.1% 75.07%
1 Yr -1.5% -64.8% 268.1% 65.89%
3 Yr 3.2%* -100.0% 115.6% 52.39%
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.3% N/A

* Annualized


Total Return Ranking - Calendar

Period HDACX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.8% -100.0% 76.6% 52.46%
2017 11.0% -30.7% 212.6% 48.62%
2016 8.2% -65.0% 900.0% 25.72%
2015 N/A -87.3% 341.1% N/A
2014 N/A -60.1% 304.1% N/A

NAV & Total Return History

HDACX - Holdings

Concentration Analysis

HDACX Category Low Category High HDACX % Rank
Net Assets 13.4 M 10 804 B 85.79%
Number of Holdings 21 1 17333 85.57%
Net Assets in Top 10 9.56 M -7.11 B 145 B 76.12%
Weighting of Top 10 71.44% 0.0% 20474.3% 23.17%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 12.12%

  2. iShares Core US Aggregate Bond ETF 9.47%

  3. iShares 20+ Year Treasury Bond ETF 8.49%

  4. iShares MSCI Emerging Markets ETF 7.50%

  5. Vanguard Real Estate ETF 7.32%

  6. iShares MSCI EAFE ETF 6.85%

  7. iShares Russell 2000 ETF 5.77%

  8. Alerian MLP ETF 4.76%

  9. First Trust North Amer Engy InfrasETF 4.75%

  10. VanEck Vectors JP Morgan EM LC Bd ETF 4.42%


Asset Allocation

Weighting Return Low Return High HDACX % Rank
Stocks
61.59% -142.98% 259.25% 54.29%
Bonds
30.61% -955.59% 2458.15% 39.96%
Cash
5.50% -2458.20% 7388.76% 31.55%
Preferred Stocks
2.11% -21.20% 80.89% 4.50%
Other
0.11% -7288.76% 493.15% 25.83%
Convertible Bonds
0.07% -0.37% 144.58% 25.73%

Stock Sector Breakdown

Weighting Return Low Return High HDACX % Rank
Real Estate
12.59% -8.52% 100.26% 4.72%
Energy
9.35% -6.25% 144.83% 7.10%
Financial Services
7.45% -7.59% 99.69% 62.50%
Technology
7.02% -26.81% 99.57% 65.93%
Consumer Cyclical
4.57% -20.80% 87.44% 68.56%
Basic Materials
4.43% -5.18% 96.19% 23.32%
Industrials
4.20% -19.53% 93.31% 68.16%
Healthcare
3.68% -15.38% 100.00% 67.84%
Utilities
3.35% -3.80% 94.95% 19.65%
Consumer Defense
2.97% -7.54% 98.24% 64.03%
Communication Services
1.95% -9.27% 90.02% 41.58%

Stock Geographic Breakdown

Weighting Return Low Return High HDACX % Rank
US
34.30% -142.98% 149.27% 44.95%
Non US
27.29% -38.73% 159.65% 27.02%

Bond Sector Breakdown

Weighting Return Low Return High HDACX % Rank
Government
20.21% -3298.93% 2458.15% 16.05%
Corporate
10.03% -46.36% 3345.86% 29.07%
Cash & Equivalents
5.54% -2458.20% 7388.76% 29.72%
Securitized
2.44% -24.16% 264.51% 26.69%
Municipal
0.07% 0.00% 165.37% 23.03%
Derivative
0.01% -511.61% 54.22% 10.01%

Bond Geographic Breakdown

Weighting Return Low Return High HDACX % Rank
US
22.79% -955.59% 2458.15% 38.18%
Non US
7.82% -153.97% 464.75% 21.36%

HDACX - Expenses

Operational Fees

HDACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.38% -2.86% 950.64% 21.85%
Management Fee 0.70% 0.00% 2.87% 61.24%
12b-1 Fee 0.75% 0.00% 1.00% 83.66%
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

HDACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

HDACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Turnover 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.

HDACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 310.00% 0.00% 5067.00% 96.86%

HDACX - Distributions

Dividend Yield Analysis

HDACX Category Low Category High HDACX % Rank
Dividend Yield 0.01% 0.00% 84.51% 59.48%

Dividend Distribution Analysis

HDACX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

HDACX Category Low Category High HDACX % Rank
Net Income Ratio 0.72% -46.00% 10.88% 73.00%

Capital Gain Distribution Analysis

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

HDACX - Managers

Austin Zaunbrecher

Manager

Start Date

Tenure

Tenure Rank

May 29, 2015

3.92

3.9%

Austin is a senior portfolio manager and is the fund manager for the Hancock Horizon Dynamic Asset Allocation Fund and the Hancock Horizon Burkenroad Small Cap Fund. He also works as the lead equity analyst for the energy and utility sectors for the fund family and manages discretionary investment portfolio for high net worth individuals, endowments and foundations. Prior to joining Hancock Horizon Funds, Austin worked at Equitas Capital Advisors and as an Investment Associate at Merrill Lynch in Washington DC. Austin attended Tulane University earning a Bachelor of Arts in History as well as Masters of Business Administration with a concentration in finance and international business. He holds the Chartered Market Technician (CMT) designation and is a member of the CMT Association. He is a board member of the CFA Society of Louisiana and a CFA charter holder.


Tenure Analysis

Category Low

0.01

Category High

33.52

Category Average

5.37

Category Mode

3.25