Growth Fund
Fund
HNASX
Price as of:
$16.30
- $0.14
- 0.85%
Primary Theme
fund company
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.7%
1 yr return
43.6%
3 Yr Avg Return
5.0%
5 Yr Avg Return
13.5%
Net Assets
$345 M
Holdings in Top 10
57.5%
52 WEEK LOW AND HIGH
$16.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
$200
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HNASX - Profile
Distributions
- YTD Total Return 9.7%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGrowth Fund
-
Fund Family NameHomestead Funds
-
Inception DateJun 30, 2004
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTaymour Tamaddon
Fund Description
The Fund normally will invest at least 80% of net assets (including any borrowings for investment purposes) in the common stocks of large companies. A large company is defined as one whose market capitalization is larger than the median market capitalization of companies in the Russell 1000 Growth Index (“Russell Index”), a widely used benchmark of the largest domestic growth stocks ranging from $0.60 billion to $2,609.04 billion in capitalization as of March 31, 2023. The median market capitalization as of March 31, 2023, was approximately $281,989 million, and is subject to change. The market capitalization of the companies in the Fund’s portfolio and the Russell Index will change over time. The Fund may continue to hold securities of a portfolio company that subsequently depreciates below the large-capitalization threshold. Because of this, the Fund may have less than 80% of its net assets in equity securities of large-capitalization companies at any given time. The Fund will not cease to purchase stock of a company it already owns just because the company’s market capitalization falls below this level. The Fund may at times invest significantly in certain sectors, such as the information technology sector.The approach of the Fund’s subadviser, T. Rowe Price Associates, Inc. (“T. Rowe Price”), generally is to look for companies with what it expects to have an above-average rate of earnings and cash flow growth and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth.As a growth investor, T. Rowe Price believes that when a company increases its earnings faster than both inflation and the overall economy, the market will eventually reward it with a higher stock price.The Fund may sell securities for a variety of reasons, including to realize gains, limit losses, or redeploy assets into more promising opportunities.While most of the Fund’s assets typically will be invested in U.S. common stocks, the Fund may invest in foreign stocks in keeping with its investment objective.
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HNASX - Performance
Return Ranking - Trailing
| Period | HNASX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.7% | -39.2% | 19.3% | 21.41% |
| 1 Yr | 43.6% | -24.8% | 65.1% | 5.69% |
| 3 Yr | 5.0%* | -30.8% | 22.0% | 47.53% |
| 5 Yr | 13.5%* | -16.0% | 28.0% | 44.59% |
| 10 Yr | 14.9%* | -5.5% | 18.8% | 14.37% |
* Annualized
Return Ranking - Calendar
| Period | HNASX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 44.0% | -74.1% | 72.4% | 14.97% |
| 2022 | -37.6% | -85.9% | 4.7% | 65.85% |
| 2021 | 7.1% | -52.4% | 60.5% | 54.26% |
| 2020 | 32.1% | -34.3% | 145.0% | 29.25% |
| 2019 | 21.7% | -21.8% | 49.4% | 68.82% |
Total Return Ranking - Trailing
| Period | HNASX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.7% | -39.2% | 19.3% | 21.41% |
| 1 Yr | 43.6% | -24.8% | 65.1% | 5.69% |
| 3 Yr | 5.0%* | -30.8% | 22.0% | 47.53% |
| 5 Yr | 13.5%* | -16.0% | 28.0% | 44.59% |
| 10 Yr | 14.9%* | -5.5% | 18.8% | 14.37% |
* Annualized
Total Return Ranking - Calendar
| Period | HNASX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 47.8% | -4.6% | 72.4% | 11.42% |
| 2022 | -33.5% | -61.7% | 5.6% | 70.41% |
| 2021 | 17.1% | -39.8% | 118.1% | 73.71% |
| 2020 | 38.6% | 2.8% | 149.2% | 36.43% |
| 2019 | 27.3% | -5.2% | 49.4% | 90.44% |
NAV & Total Return History
HNASX - Holdings
Concentration Analysis
| HNASX | Category Low | Category High | HNASX % Rank | |
|---|---|---|---|---|
| Net Assets | 345 M | 242 K | 269 B | 69.71% |
| Number of Holdings | 54 | 1 | 3217 | 57.89% |
| Net Assets in Top 10 | 184 M | 104 K | 111 B | 67.91% |
| Weighting of Top 10 | 57.51% | 0.7% | 205.0% | 14.98% |
Top 10 Holdings
- Microsoft Corp 13.17%
- Amazon.com Inc 7.16%
- Apple Inc 7.07%
- Alphabet Inc 6.84%
- NVIDIA Corp 5.29%
- Meta Platforms Inc 4.19%
- UnitedHealth Group Inc 3.93%
- Intuit Inc 3.86%
- Mastercard Inc 3.05%
- Fiserv Inc 2.94%
Asset Allocation
| Weighting | Return Low | Return High | HNASX % Rank | |
|---|---|---|---|---|
| Stocks | 99.14% | 0.00% | 130.05% | 39.81% |
| Cash | 0.94% | -1.50% | 173.52% | 55.52% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 78.35% |
| Other | 0.00% | -43.49% | 50.04% | 79.03% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 75.94% |
| Bonds | 0.00% | 0.00% | 104.15% | 76.83% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HNASX % Rank | |
|---|---|---|---|---|
| Technology | 39.86% | 0.00% | 65.70% | 30.02% |
| Communication Services | 20.38% | 0.00% | 66.40% | 3.49% |
| Consumer Cyclical | 17.01% | 0.00% | 62.57% | 39.54% |
| Healthcare | 13.57% | 0.00% | 39.76% | 40.73% |
| Financial Services | 4.28% | 0.00% | 43.06% | 90.48% |
| Industrials | 2.72% | 0.00% | 30.65% | 85.63% |
| Consumer Defense | 1.20% | 0.00% | 25.50% | 79.85% |
| Basic Materials | 0.98% | 0.00% | 18.91% | 56.55% |
| Utilities | 0.00% | 0.00% | 16.07% | 82.14% |
| Real Estate | 0.00% | 0.00% | 16.05% | 90.73% |
| Energy | 0.00% | 0.00% | 41.09% | 88.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HNASX % Rank | |
|---|---|---|---|---|
| US | 99.14% | 0.00% | 130.05% | 29.12% |
| Non US | 0.00% | 0.00% | 78.10% | 83.36% |
HNASX - Expenses
Operational Fees
| HNASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.83% | 0.01% | 19.54% | 62.64% |
| Management Fee | 0.64% | 0.00% | 1.50% | 54.22% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| HNASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HNASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 53.68% |
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.
| HNASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.00% | 316.74% | 38.64% |
HNASX - Distributions
Dividend Yield Analysis
| HNASX | Category Low | Category High | HNASX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.99% | 85.12% |
Dividend Distribution Analysis
| HNASX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| HNASX | Category Low | Category High | HNASX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.50% | -6.13% | 3.48% | 63.86% |
Capital Gain Distribution Analysis
| HNASX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2019 | $0.536 | OrdinaryDividend |
| Dec 17, 2018 | $0.015 | OrdinaryDividend |
| Dec 31, 2012 | $0.000 | OrdinaryDividend |
| Jun 30, 2006 | $0.004 | OrdinaryDividend |
HNASX - Fund Manager Analysis
Managers
Taymour Tamaddon
Start Date
Tenure
Tenure Rank
Jan 01, 2017
5.41
5.4%
Taymour R. Tamaddon is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. He is also a vice president of the T. Rowe Price Institutional International Funds, Inc., and the T. Rowe Price International Funds, Inc. He joined the firm in 2004 after serving as a summer intern with T. Rowe Price in 2003, covering the eye care industry. Prior to this, Taymour was employed by Amazon.com in the areas of finance and merchandizing. He was also a consultant with Booz Allen and Hamilton, specializing in the energy industry.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.22 | 3.08 |