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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.39

$1.77 B

5.90%

$0.55

0.57%

Vitals

YTD Return

0.7%

1 yr return

6.1%

3 Yr Avg Return

5.3%

5 Yr Avg Return

5.1%

Net Assets

$1.77 B

Holdings in Top 10

17.3%

52 WEEK LOW AND HIGH

$9.4
$9.21
$9.45

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load 4.75%

Deferred Load N/A

TRADING FEES

Turnover 9.62%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni Single State Interm


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.39

$1.77 B

5.90%

$0.55

0.57%

HICOX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.02%
DIVIDENDS
  • Dividend Yield 5.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Colorado Bond Shares A Tax Exempt Fund
  • Fund Family Name
    Freedom Funds
  • Inception Date
    Jun 04, 1987
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Fred Kelly

Fund Description

The manager will attempt to invest up to 100% and, except for temporary investments, will invest at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in tax-exempt bonds and other tax-exempt securities, including tax-exempt notes and tax-exempt municipal leases of the State of Colorado, its political subdivisions, municipalities and public authorities ("Tax-Exempt Obligations").


HICOX - Performance

Return Ranking - Trailing

Period HICOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -88.5% 100.3% 8.89%
1 Yr 6.1% -20.5% 20.4% 9.22%
3 Yr 5.3%* -6.2% 10.4% 18.03%
5 Yr 5.1%* -3.5% 6.8% 0.72%
10 Yr 4.8%* -0.2% 8.7% 11.21%

* Annualized

Return Ranking - Calendar

Period HICOX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -91.1% 310.0% 69.64%
2019 2.1% -79.8% 15.4% 75.41%
2018 0.0% -72.6% 97.2% 3.05%
2017 1.7% -100.0% 7.6% 41.90%
2016 -2.5% -35.9% 96.8% 34.81%

Total Return Ranking - Trailing

Period HICOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -88.5% 100.4% 8.93%
1 Yr 1.1% -24.2% 24.2% 51.61%
3 Yr 3.6%* -7.0% 11.7% 54.74%
5 Yr 4.0%* -4.0% 6.8% 3.26%
10 Yr 4.3%* -0.6% 8.7% 17.57%

* Annualized

Total Return Ranking - Calendar

Period HICOX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -91.1% 310.0% 69.60%
2019 2.1% -79.8% 15.4% 75.51%
2018 0.6% -72.6% 11.0% 3.79%
2017 1.8% -100.0% 7.6% 45.01%
2016 -2.5% -35.9% 3.0% 38.25%

NAV & Total Return History


HICOX - Holdings

Concentration Analysis

HICOX Category Low Category High HICOX % Rank
Net Assets 1.77 B 878 K 87.9 B 21.50%
Number of Holdings 291 1 12437 31.42%
Net Assets in Top 10 293 M -308 M 3.93 B 9.87%
Weighting of Top 10 17.30% 2.3% 100.0% 64.12%

Top 10 Holdings

  1. COLORADO EDL & CULTURAL FACS AUTH REV 4.375% 2.21%
  2. RAVENNA MET DIST COLO 5% 2.09%
  3. Colorado Edl & Cultural Facs Auth Rev 2.01%
  4. MEADOWS MET DIST COLO 7.999% 1.99%
  5. PUBLIC FIN AUTH WIS CHARTER SCH REV 4.65% 1.84%
  6. PUBLIC FIN AUTH WIS ED REV 5% 1.73%
  7. FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS 0.1 1.67%
  8. PIONEER CMNTY AUTH BRD COLO SPL REV 6.75% 1.54%
  9. MEADOWS MET DIST COLO 7.999% 1.54%
  10. COLORADO EDL & CULTURAL FACS AUTH REV 4.5% 1.54%

Asset Allocation

Weighting Return Low Return High HICOX % Rank
Bonds
67.92% 46.14% 145.79% 99.71%
Cash
32.08% -45.79% 53.86% 0.12%
Stocks
0.00% -1.11% 3.02% 24.77%
Preferred Stocks
0.00% -3.40% 1.04% 19.46%
Other
0.00% -9.70% 30.00% 21.06%
Convertible Bonds
0.00% -0.02% 1.09% 19.54%

Bond Sector Breakdown

Weighting Return Low Return High HICOX % Rank
Municipal
67.28% 46.14% 100.00% 99.80%
Cash & Equivalents
32.08% 0.00% 53.86% 0.12%
Corporate
0.50% 0.00% 11.97% 3.24%
Government
0.14% 0.00% 50.79% 3.20%
Derivative
0.00% 0.00% 1.12% 19.46%
Securitized
0.00% 0.00% 8.03% 20.73%

Bond Geographic Breakdown

Weighting Return Low Return High HICOX % Rank
US
67.21% 0.00% 141.11% 99.59%
Non US
0.71% 0.00% 100.00% 47.52%

HICOX - Expenses

Operational Fees

HICOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.04% 4.23% 48.12%
Management Fee 0.50% 0.00% 1.60% 76.38%
12b-1 Fee N/A 0.00% 1.00% 11.90%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

HICOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 0.00% 5.75% 18.46%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

HICOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

HICOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.62% 0.00% 314.00% 17.69%

HICOX - Distributions

Dividend Yield Analysis

HICOX Category Low Category High HICOX % Rank
Dividend Yield 5.90% 0.00% 35.27% 30.89%

Dividend Distribution Analysis

HICOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

HICOX Category Low Category High HICOX % Rank
Net Income Ratio 4.02% -0.53% 24.00% 4.25%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HICOX - Fund Manager Analysis

Managers

Fred Kelly


Start Date

Tenure

Tenure Rank

Nov 01, 1990

30.93

30.9%

Fred R. Kelly, Jr., is President, Secretary Treasurer and Portfolio Manager of the Freedom Funds Management Company. Mr. Kelly is also a registered representative of Smith Hayes Financial Services Corporation. For 10 years preceding his appointment as portfolio manager, Mr. Kelly worked for the investment banking firm of Hanifen, Imhoff Inc. (“Hanifen”) and specialized in the area of tax-exempt public finance, serving as financial adviser and investment banker for public entities primarily in the Rocky Mountain region. More recently, Mr. Kelly has been actively involved in the restructuring of financially troubled projects, has acted as a financial consultant. Prior to joining Hanifen, Mr. Kelly was employed for six years by the U.S. Treasury Department, Comptroller of the Currency, as a Senior Field Examiner. Mr. Kelly is a past director of the Colorado Municipal Bond Dealers Association and currently serves as a director of First National Bancshares, Inc., Carbon County Holding Company, Rawlins National Bank, Cowboy State Bank and is President of Carbon County Holding Company. Mr. Kelly pursued his undergraduate study at the University of Wyoming in Laramie, receiving his bachelor’s degree in Accounting with emphasis in Finance. Subsequently, he attended Northwestern University in Evanston, Illinois, where he completed his postgraduate work in banking.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 36.52 7.22 0.91