HGDIX: AAM/HIMCO Global Enhanced Dividend Fund - MutualFunds.com
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AAM/HIMCO Global Enhanced Dividend I

HGDIX - Snapshot

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return -4.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $44.4 M
  • Holdings in Top 10 31.5%

52 WEEK LOW AND HIGH

$7.66
$5.90
$9.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.93%

SALES FEES

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

BROKERAGE FEES

  • Turnover 43.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $25,000
  • IRA N/A

Fund Classification


Compare HGDIX to Popular International Large-Cap Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$62.56

+0.13%

$129.67 B

0.12%

$0.08

3.42%

-

$61.05

+0.44%

$110.33 B

1.20%

$0.73

2.80%

-

$60.30

+0.20%

$30.82 B

0.01%

$0.01

1.33%

-

$252.22

+0.03%

$24.36 B

-

-

2.42%

-

$94.28

-1.04%

$24.02 B

1.61%

$1.54

1.84%

-

HGDIX - Profile

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return -4.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AAM/HIMCO Global Enhanced Dividend Fund
  • Fund Family Name
    AAM
  • Inception Date
    Dec 26, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Segal

Fund Description

The fund seeks to achieve its investment objectives by taking long and short positions in domestic and foreign equity securities, which can include depository receipts. Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend paying equity securities. The fund will focus its investments on equity securities of companies with market capitalizations similar to those of companies in the Russell 3000 Index and the MSCI World Value Index.


HGDIX - Performance

Return Ranking - Trailing

Period HGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -2.5% 18.5% 28.98%
1 Yr -20.5% -21.4% 110.1% 99.78%
3 Yr -4.9%* -5.8% 38.5% 99.64%
5 Yr N/A* 0.0% 31.5% N/A
10 Yr N/A* -7.6% 19.1% N/A

* Annualized

Return Ranking - Calendar

Period HGDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -24.2% -24.3% 957.1% 99.77%
2019 13.7% -38.3% 47.1% 84.83%
2018 -13.3% -54.2% 0.6% 38.54%
2017 N/A -76.0% 54.1% N/A
2016 N/A -14.4% 47.8% N/A

Total Return Ranking - Trailing

Period HGDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -2.5% 18.5% 28.98%
1 Yr -20.5% -25.2% 110.1% 99.78%
3 Yr -4.9%* -6.9% 38.5% 99.64%
5 Yr N/A* 0.0% 31.5% N/A
10 Yr N/A* -7.6% 19.1% N/A

* Annualized

Total Return Ranking - Calendar

Period HGDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -24.2% -24.3% 957.1% 99.77%
2019 14.1% -33.1% 47.1% 84.58%
2018 -9.3% -44.4% 1.8% 27.28%
2017 N/A -6.5% 54.1% N/A
2016 N/A -14.4% 47.8% N/A

NAV & Total Return History


HGDIX - Holdings

Concentration Analysis

HGDIX Category Low Category High HGDIX % Rank
Net Assets 44.4 M 192 K 130 B 80.37%
Number of Holdings 355 1 8805 8.11%
Net Assets in Top 10 12.6 M -20.4 M 32.5 B 79.74%
Weighting of Top 10 31.52% 8.9% 100.0% 43.98%

Top 10 Holdings

  1. CVS Health Corp 3.86%
  2. International Business Machines Corp 3.71%
  3. Gilead Sciences Inc 3.70%
  4. Citigroup Inc 3.44%
  5. Verizon Communications Inc 3.04%
  6. Pfizer Inc 2.96%
  7. JPMorgan Chase & Co 2.93%
  8. Broadcom Inc 2.72%
  9. AT&T Inc 2.61%
  10. United Parcel Service Inc Class B 2.56%

Asset Allocation

Weighting Return Low Return High HGDIX % Rank
Stocks
99.43% 0.00% 118.79% 20.92%
Cash
0.46% -210.51% 51.94% 78.75%
Other
0.11% -2.63% 20.37% 12.49%
Preferred Stocks
0.00% 0.00% 3.77% 48.30%
Convertible Bonds
0.00% 0.00% 4.10% 41.40%
Bonds
0.00% -0.75% 201.38% 44.58%

Stock Sector Breakdown

Weighting Return Low Return High HGDIX % Rank
Healthcare
18.36% 0.00% 39.69% 19.50%
Technology
13.75% 0.00% 53.51% 82.58%
Financial Services
13.32% 0.00% 35.96% 54.98%
Industrials
11.38% 0.00% 43.70% 36.36%
Consumer Defense
8.51% 0.00% 74.24% 47.75%
Consumer Cyclical
7.08% 0.00% 44.58% 80.83%
Communication Services
6.86% 0.00% 34.36% 79.41%
Utilities
6.19% 0.00% 21.00% 12.27%
Energy
5.13% 0.00% 12.64% 6.90%
Real Estate
4.80% 0.00% 39.73% 10.51%
Basic Materials
4.62% 0.00% 41.33% 32.97%

Stock Geographic Breakdown

Weighting Return Low Return High HGDIX % Rank
US
57.58% 0.00% 100.60% 36.80%
Non US
41.85% 0.00% 99.51% 53.12%

HGDIX - Expenses

Operational Fees

HGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.93% 0.01% 44.27% 20.81%
Management Fee 0.90% 0.00% 1.82% 90.46%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

HGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 26.32%

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.

HGDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 0.94% 395.00% 58.80%

HGDIX - Distributions

Dividend Yield Analysis

HGDIX Category Low Category High HGDIX % Rank
Dividend Yield 0.00% 0.00% 3.51% 41.17%

Dividend Distribution Analysis

HGDIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

HGDIX Category Low Category High HGDIX % Rank
Net Income Ratio 4.16% -1.68% 12.65% 1.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HGDIX - Fund Manager Analysis

Managers

Daniel Segal


Start Date

Tenure

Tenure Rank

Dec 26, 2017

3.02

3.0%

Daniel Segal, CFA. Mr. Segal is a Research Analyst and a member of HIMCO’s Quantitative Equities Team, responsible for the development and maintenance of comprehensive research and portfolio management systems since July 1, 2015. In addition, he has served as Director of IT Business Analysis - Quantitative Equity, since April 15, 2011. Prior to joining HIMCO in 2006, he was a senior applications analyst at ING Investment Management. Dan earned his BS in Finance from Bryant College and is a Certified Financial Risk Manager and a Microsoft Certified Professional.

Paul Bukowski


Start Date

Tenure

Tenure Rank

Dec 26, 2017

3.02

3.0%

Paul Bukowski, CFA – Paul is an Executive Vice President, Senior Portfolio Manager and Head of Quantitative Equities, Passive Equities and Asset Allocation. Prior to joining HIMCO in 2005, Paul was a Senior Quantitative Analyst for ING Investment Management. Paul earned his BA in Statistics and Computer Science from the University of Wisconsin and an MBA in Finance and Policy from the University of Chicago. He is a Fellow of the Casualty Actuarial Society.

Edward Caputo


Start Date

Tenure

Tenure Rank

Dec 26, 2017

3.02

3.0%

Edward Caputo, CFA, Senior Vice President and Portfolio Manager within the Quantitative Equities, Passive Equities and Asset Allocation Team. Prior to this he served as a Portfolio Manager for several fund of funds including asset allocation portfolios and 529 plans. Previously, Mr. Caputo was responsible for the portfolio management and trading of the passively managed equity portfolios. Mr. Caputo joined Hartford Investment Management in 2001 as a Risk Management Analyst in the Corporate and High Yield sectors. Prior to joining the firm, Mr. Caputo was a Securities Control Analyst with TimesSquare Capital Management, Inc. Mr. Caputo earned his B.S. in Finance and Accounting from Drexel University and his M.B.A. from Rensselaer Polytechnic Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.57 6.22 1.0