Hancock Horizon Diversified Income Inv
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.5%
1 yr return
23.1%
3 Yr Avg Return
6.7%
5 Yr Avg Return
5.1%
Net Assets
$34.9 M
Holdings in Top 10
12.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HHIAX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.64%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHancock Horizon Diversified Income Fund
-
Fund Family NameHancock Horizon
-
Inception DateSep 26, 2012
-
Shares Outstanding173317
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGreg Hodlewsky
Fund Description
HHIAX - Performance
Return Ranking - Trailing
Period | HHIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.5% | -16.4% | 29.1% | 35.84% |
1 Yr | 23.1% | -4.1% | 70.6% | 27.31% |
3 Yr | 6.7%* | -1.2% | 27.3% | 67.06% |
5 Yr | 5.1%* | 0.9% | 31.2% | 87.66% |
10 Yr | N/A* | -0.6% | 13.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | HHIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.7% | -17.2% | 52.8% | 89.35% |
2022 | 11.4% | -11.4% | 27.3% | 40.47% |
2021 | -9.3% | -29.6% | 1.6% | 38.82% |
2020 | 0.2% | -11.6% | 29.4% | 97.32% |
2019 | 3.3% | -14.9% | 16.0% | 52.17% |
Total Return Ranking - Trailing
Period | HHIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.5% | -16.4% | 29.1% | 36.20% |
1 Yr | 23.1% | -7.9% | 70.6% | 25.46% |
3 Yr | 6.7%* | -3.0% | 27.3% | 62.75% |
5 Yr | 5.1%* | -0.2% | 31.2% | 85.96% |
10 Yr | N/A* | -0.6% | 13.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HHIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.7% | -17.2% | 52.8% | 89.35% |
2022 | 12.1% | -11.4% | 27.3% | 40.08% |
2021 | -6.2% | -29.6% | 1.6% | 34.60% |
2020 | 4.8% | -5.4% | 29.4% | 89.29% |
2019 | 8.0% | -14.9% | 19.7% | 33.33% |
NAV & Total Return History
HHIAX - Holdings
Concentration Analysis
HHIAX | Category Low | Category High | HHIAX % Rank | |
---|---|---|---|---|
Net Assets | 34.9 M | 643 K | 17.6 B | 82.56% |
Number of Holdings | 176 | 2 | 1869 | 24.91% |
Net Assets in Top 10 | 4.41 M | -104 M | 11.2 B | 95.37% |
Weighting of Top 10 | 12.64% | 12.6% | 100.0% | 100.00% |
Top 10 Holdings
- Goldman Sachs FS Government Instl 2.07%
- Truist Financial Corp PRF PERPETUAL USD 25 - 1/1000th Int Ser O 1.75%
- NRG Energy, Inc. 5.25% 1.74%
- United States Cellular Corporation 6.7% 1.73%
- JPMorgan Chase & Co Deposit Shs Repr 1/10th Non-Cum Perp Pfd Shs Series -S- 1.69%
- Cincinnati Bell Telephone Company 6.3% 1.69%
- Sunoco LP / Sunoco Finance Corp 6% 1.68%
- Tesla Inc 5.3% 1.64%
- Kraft Heinz Foods Company 3.75% 1.64%
- International Game Technology PLC 6.5% 1.62%
Asset Allocation
Weighting | Return Low | Return High | HHIAX % Rank | |
---|---|---|---|---|
Stocks | 49.04% | 0.00% | 199.20% | 66.90% |
Bonds | 41.13% | 0.00% | 212.15% | 27.05% |
Preferred Stocks | 6.97% | 0.00% | 11.95% | 3.56% |
Cash | 2.07% | -174.65% | 80.58% | 61.57% |
Convertible Bonds | 0.77% | 0.00% | 6.27% | 19.93% |
Other | 0.01% | -30.29% | 60.84% | 60.85% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HHIAX % Rank | |
---|---|---|---|---|
Real Estate | 45.51% | 0.00% | 72.00% | 1.18% |
Financial Services | 11.12% | 0.00% | 96.81% | 70.20% |
Consumer Defense | 7.99% | 0.00% | 27.69% | 16.86% |
Technology | 6.66% | 0.00% | 54.08% | 94.12% |
Healthcare | 5.67% | 0.00% | 29.91% | 89.80% |
Industrials | 4.89% | 0.00% | 22.90% | 91.76% |
Communication Services | 4.73% | 0.00% | 26.02% | 83.92% |
Energy | 4.52% | 0.00% | 70.75% | 19.61% |
Utilities | 4.07% | 0.00% | 91.16% | 20.78% |
Consumer Cyclical | 3.22% | 0.00% | 60.13% | 95.29% |
Basic Materials | 1.61% | 0.00% | 46.77% | 84.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HHIAX % Rank | |
---|---|---|---|---|
US | 47.44% | 0.00% | 197.43% | 43.42% |
Non US | 1.60% | -0.38% | 64.60% | 76.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HHIAX % Rank | |
---|---|---|---|---|
Corporate | 95.93% | 0.00% | 100.00% | 2.14% |
Cash & Equivalents | 4.07% | 0.00% | 100.00% | 94.31% |
Derivative | 0.00% | 0.00% | 61.36% | 43.42% |
Securitized | 0.00% | 0.00% | 63.58% | 48.75% |
Municipal | 0.00% | 0.00% | 20.38% | 30.96% |
Government | 0.00% | 0.00% | 99.17% | 75.80% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HHIAX % Rank | |
---|---|---|---|---|
US | 38.10% | -29.94% | 125.49% | 23.84% |
Non US | 3.03% | 0.00% | 87.37% | 52.67% |
HHIAX - Expenses
Operational Fees
HHIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.15% | 0.38% | 3.80% | 64.26% |
Management Fee | 0.70% | 0.00% | 1.50% | 32.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.70% | 32.14% |
Sales Fees
HHIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | 94.12% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
HHIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
HHIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 1.00% | 465.00% | 15.38% |
HHIAX - Distributions
Dividend Yield Analysis
HHIAX | Category Low | Category High | HHIAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.90% | 0.00% | 0.60% | 13.52% |
Dividend Distribution Analysis
HHIAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
HHIAX | Category Low | Category High | HHIAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.64% | -73.00% | 9.24% | 7.89% |
Capital Gain Distribution Analysis
HHIAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 28, 2019 | $0.036 | |
Jan 31, 2019 | $0.046 | |
Dec 31, 2018 | $0.052 | |
Nov 30, 2018 | $0.045 | |
Oct 31, 2018 | $0.042 | |
Sep 28, 2018 | $0.046 | |
Aug 31, 2018 | $0.043 | |
Jul 31, 2018 | $0.037 | |
Mar 29, 2018 | $0.048 | |
Feb 28, 2018 | $0.060 | |
Jan 31, 2018 | $0.054 | |
Dec 29, 2017 | $0.074 | |
Nov 30, 2017 | $0.070 | |
Oct 31, 2017 | $0.051 | |
Sep 29, 2017 | $0.045 | |
Aug 31, 2017 | $0.049 | |
Jul 31, 2017 | $0.024 | |
Jun 30, 2017 | $0.044 | |
May 31, 2017 | $0.044 | |
Apr 28, 2017 | $0.044 | |
Mar 31, 2017 | $0.049 | |
Feb 28, 2017 | $0.057 | |
Jan 31, 2017 | $0.051 | |
Dec 30, 2016 | $0.052 | |
Nov 30, 2016 | $0.042 | |
Oct 31, 2016 | $0.042 | |
Sep 30, 2016 | $0.054 | |
Aug 31, 2016 | $0.054 | |
Jul 29, 2016 | $0.048 | |
Jun 30, 2016 | $0.066 | |
May 31, 2016 | $0.044 | |
Apr 29, 2016 | $0.044 | |
Mar 31, 2016 | $0.044 | |
Feb 29, 2016 | $0.044 | |
Jan 29, 2016 | $0.049 | |
Dec 31, 2015 | $0.075 | |
Nov 30, 2015 | $0.069 | |
Oct 30, 2015 | $0.066 | |
Sep 30, 2015 | $0.062 | |
Aug 31, 2015 | $0.070 | |
Jul 31, 2015 | $0.066 | |
Jun 30, 2015 | $0.064 | |
May 29, 2015 | $0.063 | |
Apr 30, 2015 | $0.068 | |
Mar 31, 2015 | $0.074 | |
Jan 30, 2015 | $0.074 | |
Dec 31, 2014 | $0.074 | |
Nov 28, 2014 | $0.074 | |
Oct 31, 2014 | $0.071 | |
Sep 30, 2014 | $0.068 | |
Aug 29, 2014 | $0.063 | |
Jul 31, 2014 | $0.063 | |
Jun 30, 2014 | $0.064 | |
May 30, 2014 | $0.065 | |
Apr 30, 2014 | $0.066 | |
Mar 31, 2014 | $0.065 | |
Feb 28, 2014 | $0.065 | |
Jan 31, 2014 | $0.053 | |
Dec 31, 2013 | $0.068 | |
Nov 29, 2013 | $0.070 | |
Oct 31, 2013 | $0.061 | |
Sep 30, 2013 | $0.071 | |
Aug 30, 2013 | $0.067 | |
Jul 31, 2013 | $0.052 | |
Jun 28, 2013 | $0.064 | |
May 31, 2013 | $0.067 | |
Apr 30, 2013 | $0.037 | |
Mar 28, 2013 | $0.084 | |
Feb 28, 2013 | $0.035 | |
Jan 31, 2013 | $0.011 | |
Dec 31, 2012 | $0.068 | |
Nov 30, 2012 | $0.056 | |
Oct 31, 2012 | $0.014 |
HHIAX - Fund Manager Analysis
Managers
Greg Hodlewsky
Start Date
Tenure
Tenure Rank
Sep 26, 2012
8.93
8.9%
Greg Hodlewsky, CFA, investment director for Horizon Advisors. Prior to working for Horizon, Greg served as a partner at CFW Capital, a Kansas City-based investment firm, where he managed portfolios for high net worth clients. Greg has been working in investment industry since 1987.
Nathan Grant
Start Date
Tenure
Tenure Rank
May 31, 2019
2.25
2.3%
Nathan Grant, CFA, serves as a Corporate Credit Analyst for the Adviser and has managed the Louisiana Tax-Free Income Fund and Mississippi Tax-Free Income Fund since 2018. Mr. Grant joined the Adviser in 2009 and has over 20 years of investment experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 33.08 | 5.67 | 12.25 |