Hancock Horizon Dynamic Asset Allocation Fund
Name
As of 05/24/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$20.7 M
Holdings in Top 10
74.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/24/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HDACX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameHancock Horizon Dynamic Asset Allocation Fund
-
Fund Family NameN/A
-
Inception DateMay 29, 2015
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAustin 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”). ETFs are pooled investment vehicles, such as registered investment companies, grantor trusts and publicly traded partnerships, whose shares are listed and traded on stock exchanges or otherwise traded in the over-the-counter market.
Horizon Advisers (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 equity Underlying ETFs in which the Fund invests include those that attempt to track the price movements of common stocks, preferred stocks, and convertible securities. The fixed income Underlying ETFs in which the Fund invests include those that attempt to track the price movements of securities issued or guaranteed by the U.S. Government and its agencies or instrumentalities, foreign sovereign debt, municipal bonds, corporate obligations, residential and commercial mortgage-backed securities, and asset-backed securities. 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). The alternative Underlying ETFs in which the Fund invests include those that attempt to track the price movements of commodities, real estate investment trusts (“REITs”) and master limited partnerships (“MLPs”). The Underlying ETFs may use derivatives, principally futures contracts, forward contracts, options and swaps, to achieve their investment objectives.
The Fund will invest in Underlying ETFs that may attempt to track the price movements of assets throughout the world, including securities of companies in both developed and emerging market countries. The Fund may buy and sell investments frequently, which could result in a high portfolio turnover rate.
HDACX - Performance
Return Ranking - Trailing
Period | HDACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | 74.49% |
1 Yr | N/A | -64.8% | 268.1% | 59.90% |
3 Yr | N/A* | -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 (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 73.0% | 44.95% |
2022 | N/A | -76.0% | 212.6% | 40.49% |
2021 | N/A | -65.0% | 900.0% | 19.17% |
2020 | N/A | -87.3% | 336.8% | N/A |
2019 | -9.6% | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | HDACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | 75.07% |
1 Yr | N/A | -64.8% | 268.1% | 65.89% |
3 Yr | N/A* | -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 (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 76.6% | 52.46% |
2022 | N/A | -30.7% | 212.6% | 48.62% |
2021 | N/A | -65.0% | 900.0% | 25.72% |
2020 | N/A | -87.3% | 341.1% | N/A |
2019 | -8.8% | -60.1% | 304.1% | N/A |
NAV & Total Return History
HDACX - Holdings
Concentration Analysis
HDACX | Category Low | Category High | HDACX % Rank | |
---|---|---|---|---|
Net Assets | 20.7 M | 10 | 804 B | 85.79% |
Number of Holdings | 22 | 1 | 17333 | 85.57% |
Net Assets in Top 10 | 15.5 M | -7.11 B | 145 B | 76.12% |
Weighting of Top 10 | 74.88% | 0.0% | 20474.3% | 23.17% |
Top 10 Holdings
- Ishares SP 500 14.42%
- iShares GSCI Commodity Dynamic Roll Strategy ETF 10.19%
- iShares MSCI Emerging Markets ETF 9.25%
- Vanguard Real Estate Index Fund 7.95%
- iShares Russell 2000 ETF 7.06%
- iShares MSCI EAFE ETF 6.77%
- Alerian MLP 5.35%
- First Trust North American Energy Infrastructure 4.98%
- BlackRock Short Maturity Bond ETF 4.97%
- Ishares SP Global Infrastructure Index Fund 3.93%
Asset Allocation
Weighting | Return Low | Return High | HDACX % Rank | |
---|---|---|---|---|
Stocks | 98.79% | -142.98% | 259.25% | 54.29% |
Cash | 1.31% | -2458.20% | 7388.76% | 31.55% |
Preferred Stocks | 0.00% | -21.20% | 80.89% | 4.50% |
Other | 0.00% | -7288.76% | 493.15% | 25.83% |
Convertible Bonds | 0.00% | -0.37% | 144.58% | 25.73% |
Bonds | 0.00% | -955.59% | 2458.15% | 39.96% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HDACX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | -3.80% | 94.95% | 19.65% |
Technology | 0.00% | -26.81% | 99.57% | 65.93% |
Real Estate | 0.00% | -8.52% | 100.26% | 4.72% |
Industrials | 0.00% | -19.53% | 93.31% | 68.16% |
Healthcare | 0.00% | -15.38% | 100.00% | 67.84% |
Financial Services | 0.00% | -7.59% | 99.69% | 62.50% |
Energy | 0.00% | -6.25% | 144.83% | 7.10% |
Communication Services | 0.00% | -9.27% | 90.02% | 41.58% |
Consumer Defense | 0.00% | -7.54% | 98.24% | 64.03% |
Consumer Cyclical | 0.00% | -20.80% | 87.44% | 68.56% |
Basic Materials | 0.00% | -5.18% | 96.19% | 23.32% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HDACX % Rank | |
---|---|---|---|---|
US | 98.79% | -142.98% | 149.27% | 44.95% |
Non US | 0.00% | -38.73% | 159.65% | 27.02% |
HDACX - Expenses
Operational Fees
HDACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | -2.86% | 950.64% | 21.85% |
Management Fee | N/A | 0.00% | 2.87% | 61.24% |
12b-1 Fee | N/A | 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 |
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 | N/A | 0.00% | 5067.00% | 96.86% |
HDACX - Distributions
Dividend Yield Analysis
HDACX | Category Low | Category High | HDACX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 84.51% | 59.48% |
Dividend Distribution Analysis
HDACX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Annually |
Net Income Ratio Analysis
HDACX | Category Low | Category High | HDACX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -46.00% | 10.88% | 73.00% |
Capital Gain Distribution Analysis
HDACX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2018 | $0.125 | OrdinaryDividend |
Dec 29, 2017 | $0.015 | OrdinaryDividend |
HDACX - Fund Manager Analysis
Managers
Austin Zaunbrecher
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 | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 33.52 | 5.37 | 3.25 |