Highland Dividend Equity Y
HDFYX
Price as of:
N/A
N/A
N/A
Primary Theme
N/A
fund company
N/A
Name
As ofPrice
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
Vitals
YTD Return
0.0%
1 yr return
-2.4%
3 Yr Avg Return
8.9%
5 Yr Avg Return
N/A
Net Assets
$10 M
Holdings in Top 10
40.8%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
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
HDFYX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 8.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.97%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
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Legal NameHighland Dividend Equity Fund
-
Fund Family NameHighland Funds
-
Inception DateNov 14, 2011
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Shares OutstandingN/A
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Share ClassInst
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CurrencyUSD
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Domiciled CountryUnited States
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ManagerRobert Bugg
Fund Description
HDFYX - Performance
Return Ranking - Trailing
| Period | HDFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -74.0% | 21.3% | 97.50% |
| 1 Yr | -2.4% | -78.3% | 16.3% | 26.56% |
| 3 Yr | 8.9%* | -38.0% | 11.4% | 65.59% |
| 5 Yr | N/A* | -23.3% | 7.9% | 97.68% |
| 10 Yr | N/A* | -5.9% | 11.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HDFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | -51.6% | 0.0% | 0.32% |
| 2022 | 0.0% | -14.6% | 32.9% | 92.28% |
| 2021 | -13.3% | -13.3% | 31.0% | 100.00% |
| 2020 | -27.5% | -27.5% | 3.6% | 100.00% |
| 2019 | -1.1% | -34.1% | 14.2% | 64.58% |
Total Return Ranking - Trailing
| Period | HDFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -74.0% | 21.3% | 97.50% |
| 1 Yr | -2.4% | -75.3% | 17.2% | 58.75% |
| 3 Yr | 8.9%* | -32.4% | 12.9% | 87.78% |
| 5 Yr | N/A* | -18.6% | 21.2% | 92.38% |
| 10 Yr | N/A* | -5.9% | 17.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HDFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | -32.1% | 0.3% | 0.96% |
| 2022 | 0.0% | -14.6% | 37.7% | 97.75% |
| 2021 | -12.1% | -12.1% | 31.0% | 100.00% |
| 2020 | -2.8% | -21.8% | 106.5% | 36.36% |
| 2019 | 4.1% | -34.1% | 20.9% | 63.19% |
HDFYX - Holdings
Concentration Analysis
| HDFYX | Category Low | Category High | HDFYX % Rank | |
|---|---|---|---|---|
| Net Assets | 10 M | 4.76 M | 42.8 B | 98.13% |
| Number of Holdings | 34 | 8 | 1932 | 92.52% |
| Net Assets in Top 10 | 4.96 M | 1.32 M | 14.7 B | 94.39% |
| Weighting of Top 10 | 40.76% | 5.8% | 99.7% | 10.90% |
Top 10 Holdings
- General Electric Co 4.26%
- Johnson & Johnson 4.18%
- Paychex Inc 4.10%
- McDonald's Corp 4.10%
- Novartis AG ADR 4.10%
- PepsiCo Inc 4.06%
- Microchip Technology Inc 4.04%
- Diageo PLC ADR 4.03%
- Wells Fargo & Co 4.00%
- United Parcel Service Inc (UPS) Class B 3.88%
Asset Allocation
| Weighting | Return Low | Return High | HDFYX % Rank | |
|---|---|---|---|---|
| Stocks | 96.83% | 0.00% | 101.34% | 54.83% |
| Cash | 3.17% | -18.07% | 25.16% | 31.46% |
| Preferred Stocks | 0.00% | 0.00% | 13.37% | 44.86% |
| Other | 0.00% | -1.85% | 3.77% | 41.74% |
| Convertible Bonds | 0.00% | 0.00% | 13.05% | 42.68% |
| Bonds | 0.00% | 0.00% | 99.69% | 42.99% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HDFYX % Rank | |
|---|---|---|---|---|
| Financial Services | 15.64% | 0.00% | 28.88% | 47.50% |
| Consumer Defense | 14.78% | 0.00% | 27.68% | 18.75% |
| Industrials | 13.52% | 0.00% | 28.39% | 24.06% |
| Consumer Cyclical | 13.42% | 0.00% | 34.22% | 13.44% |
| Energy | 13.13% | 0.00% | 19.74% | 9.69% |
| Healthcare | 11.90% | 0.00% | 23.41% | 44.69% |
| Technology | 5.38% | 0.00% | 29.93% | 76.25% |
| Basic Materials | 4.15% | 0.00% | 17.96% | 29.06% |
| Utilities | 3.40% | 0.00% | 40.81% | 63.44% |
| Communication Services | 1.51% | 0.00% | 22.02% | 89.69% |
| Real Estate | 0.00% | 0.00% | 16.79% | 80.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HDFYX % Rank | |
|---|---|---|---|---|
| US | 81.26% | 0.00% | 100.44% | 54.21% |
| Non US | 15.57% | 0.00% | 101.08% | 37.69% |
HDFYX - Expenses
Operational Fees
| HDFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.82% | 0.08% | 5.53% | 20.00% |
| Management Fee | 1.00% | 0.07% | 1.25% | 91.28% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.39% |
| Administrative Fee | 0.20% | 0.01% | 0.40% | 88.97% |
Sales Fees
| HDFYX 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% | 5.00% | N/A |
Trading Fees
| HDFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 30.19% |
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.
| HDFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 1.63% | 307.00% | 19.00% |
HDFYX - Distributions
Dividend Yield Analysis
| HDFYX | Category Low | Category High | HDFYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 0.31% | 97.51% |
Dividend Distribution Analysis
| HDFYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
| HDFYX | Category Low | Category High | HDFYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.97% | -0.63% | 5.00% | 43.13% |
Capital Gain Distribution Analysis
| HDFYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jan 22, 2016 | $0.114 | |
| Nov 30, 2015 | $0.030 | |
| Oct 30, 2015 | $0.022 | |
| Sep 30, 2015 | $0.023 | |
| Aug 31, 2015 | $0.023 | |
| Jul 31, 2015 | $0.017 | |
| Jun 30, 2015 | $0.019 | |
| May 29, 2015 | $0.021 | |
| Apr 30, 2015 | $0.018 | |
| Mar 31, 2015 | $0.019 | |
| Feb 27, 2015 | $0.028 | |
| Jan 30, 2015 | $0.018 | |
| Dec 22, 2014 | $0.034 | |
| Nov 26, 2014 | $0.025 | |
| Oct 31, 2014 | $0.016 | |
| Sep 30, 2014 | $0.024 | |
| Aug 29, 2014 | $0.031 | |
| Jul 31, 2014 | $0.018 | |
| Jun 30, 2014 | $0.024 | |
| May 30, 2014 | $0.028 | |
| Apr 30, 2014 | $0.012 | |
| Mar 31, 2014 | $0.025 | |
| Feb 28, 2014 | $0.024 | |
| Jan 31, 2014 | $0.015 | |
| Dec 20, 2013 | $0.033 | |
| Nov 27, 2013 | $0.026 | |
| Oct 31, 2013 | $0.013 | |
| Sep 27, 2013 | $0.024 | |
| Aug 29, 2013 | $0.025 | |
| Jul 31, 2013 | $0.014 | |
| Jun 28, 2013 | $0.019 | |
| May 31, 2013 | $0.011 | |
| Apr 30, 2013 | $0.011 | |
| Mar 28, 2013 | $0.016 | |
| Feb 28, 2013 | $0.019 | |
| Jan 31, 2013 | $0.011 | |
| Dec 27, 2012 | $0.012 | |
| Dec 14, 2012 | $0.043 | |
| Nov 30, 2012 | $0.034 | |
| Oct 31, 2012 | $0.022 | |
| Sep 28, 2012 | $0.012 | |
| Aug 31, 2012 | $0.026 | |
| Jul 31, 2012 | $0.030 | |
| Jun 29, 2012 | $0.027 | |
| May 31, 2012 | $0.023 | |
| Apr 30, 2012 | $0.006 | |
| Mar 30, 2012 | $0.020 | |
| Feb 29, 2012 | $0.023 | |
| Jan 31, 2012 | $0.004 | |
| Dec 15, 2011 | $0.009 |
HDFYX - Fund Manager Analysis
Managers
Robert Bugg
Start Date
Tenure
Tenure Rank
Nov 14, 2011
4.13
4.1%
Mr. Bugg has 25 years of experience in managing portfolios for individuals, corporations, and foundations. Before he cofounded Brookmont Capital Management, he served as the Senior Investment Manager for Comerica Bank's Asset Management Department in Texas. In 2000, he helped launch and manage their Dividend Income Strategy. Prior to Comerica, he was a Portfolio Manager and Equity Analyst for AmSouth Bank and SunTrust Bank. As Principal and CIO, Mr Bugg's responsibilities include managing several strategies, serving on the Investment Policy Committee and directing the firm's asset allocation models. He graduated from Huntington College with a Bachelor of Arts in Marketing and History and earned his Masters of Business Administration from the University of Alabama and is a Chartered Financial Analyst.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.16 | 19.16 | 5.57 | 1.32 |