HHFYX: Highland Alternative Income Y

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HHFYX Highland Alternative Income Y

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

HHFYX - 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 3.38%

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)

$1,000,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

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 3.52%
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 Inst
  • 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.

HHFYX - Mutual Fund Categories

HHFYX - Performance

Return Ranking - Trailing

Period HHFYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -0.3% -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 HHFYX 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 HHFYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -0.3% -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 HHFYX 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

HHFYX - Holdings

Concentration Analysis

HHFYX Category Low Category High HHFYX % 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 HHFYX % 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 HHFYX % 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 HHFYX % 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 HHFYX % 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 HHFYX % Rank
US
202.92% -955.59% 2458.15% N/A
Non US
49.02% -153.97% 464.75% N/A

HHFYX - Expenses

Operational Fees

HHFYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.38% -2.86% 950.64% N/A
Management Fee 2.00% 0.00% 2.87% N/A
12b-1 Fee 0.00% 0.00% 1.00% N/A
Administrative Fee 0.20% 0.00% 52000.00% N/A

Sales Fees

HHFYX 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

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

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

HHFYX - Distributions

Dividend Yield Analysis

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

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

HHFYX Category Low Category High HHFYX % Rank
Net Income Ratio 3.52% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

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

HHFYX - Managers

Tenure Analysis

Category Low

0.01

Category High

33.52

Category Average

5.37

Category Mode

3.25