HHFRX: Highland Alternative Income R

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HHFRX Highland Alternative Income R

  • Fund
  • HHFRX
  • Price as of: N/A
  • N/A
    N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

Profile

HHFRX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $6.12 M
  • Holdings in Top 10 502.3%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.97%

SALES FEES

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

BROKERAGE FEES

  • Turnover 2154.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

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 2.75%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Highland Alternative Income Fund
  • Fund Family Name
    N/A
  • Inception Date
    Jan 13, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund seeks to achieve its investment objective under normal market conditions by allocating assets among proprietary technically-based trend following strategies. It primarily takes long and short positions with respect to securities that are highly correlated to high yield corporate bonds (also known as "junk bonds") based on long, intermediate, and short term trends. The fund is non-diversified.


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Categories

HHFRX - Mutual Fund Categories


Performance

HHFRX - Performance

Return Ranking - Trailing

Period HHFRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -0.7% -64.8% 268.1% N/A
3 Yr N/A* -100.0% 115.6% N/A
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 HHFRX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -100.0% 73.0% N/A
2017 N/A -76.0% 212.6% N/A
2016 N/A -65.0% 900.0% N/A
2015 N/A -87.3% 336.8% N/A
2014 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HHFRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -0.7% -64.8% 268.1% N/A
3 Yr N/A* -100.0% 115.6% N/A
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 HHFRX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -100.0% 76.6% N/A
2017 N/A -30.7% 212.6% N/A
2016 N/A -65.0% 900.0% N/A
2015 N/A -87.3% 341.1% N/A
2014 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

HHFRX - Holdings

Concentration Analysis

HHFRX Category Low Category High HHFRX % Rank
Net Assets 6.12 M 10 804 B N/A
Number of Holdings 6 1 17333 N/A
Net Assets in Top 10 4.29 M -7.11 B 145 B N/A
Weighting of Top 10 502.32% 0.0% 20474.3% N/A

Top 10 Holdings

  1. SPDR Barclays High Yield Bond 150.90%
  2. iShares iBoxx $ High Yield Corporate Bd 115.60%
  3. AdvisorShares Peritus High Yield ETF 81.15%
  4. PIMCO 0-5 Year High Yld Corp Bd Idx ETF 79.47%
  5. SPDR BarCap ST High Yield Bond ETF 75.19%

Asset Allocation

Weighting Return Low Return High HHFRX % Rank
Bonds
251.94% -955.59% 2458.15% N/A
Stocks
1.86% -142.98% 259.25% N/A
Other
1.25% -7288.76% 493.15% N/A
Preferred Stocks
0.45% -21.20% 80.89% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A
Cash
-155.51% -2458.20% 7388.76% N/A

Stock Sector Breakdown

Weighting Return Low Return High HHFRX % Rank
Energy
0.95% -6.25% 144.83% N/A
Utilities
0.91% -3.80% 94.95% N/A
Technology
0.00% -26.81% 99.57% N/A
Real Estate
0.00% -8.52% 100.26% N/A
Industrials
0.00% -19.53% 93.31% N/A
Healthcare
0.00% -15.38% 100.00% N/A
Financial Services
0.00% -7.59% 99.69% N/A
Communication Services
0.00% -9.27% 90.02% N/A
Consumer Defense
0.00% -7.54% 98.24% N/A
Consumer Cyclical
0.00% -20.80% 87.44% N/A
Basic Materials
0.00% -5.18% 96.19% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HHFRX % Rank
Non US
0.95% -38.73% 159.65% N/A
US
0.91% -142.98% 149.27% N/A

Bond Sector Breakdown

Weighting Return Low Return High HHFRX % Rank
Corporate
261.62% -46.36% 3345.86% N/A
Securitized
0.61% -24.16% 264.51% N/A
Municipal
0.00% 0.00% 165.37% N/A
Government
0.00% -3298.93% 2458.15% N/A
Derivative
-9.84% -511.61% 54.22% N/A
Cash & Equivalents
-155.51% -2458.20% 7388.76% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HHFRX % Rank
US
202.92% -955.59% 2458.15% N/A
Non US
49.02% -153.97% 464.75% N/A

Expenses

HHFRX - Expenses

Operational Fees

HHFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.97% -2.86% 950.64% N/A
Management Fee 2.00% 0.00% 2.87% N/A
12b-1 Fee 0.50% 0.00% 1.00% N/A
Administrative Fee 0.20% 0.00% 52000.00% N/A

Sales Fees

HHFRX 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

HHFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 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.

HHFRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2154.00% 0.00% 5067.00% N/A

Distributions

HHFRX - Distributions

Dividend Yield Analysis

HHFRX Category Low Category High HHFRX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HHFRX Category Low Category High HHFRX % Rank
Net Income Ratio 2.75% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

HHFRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25