Morningstar

HCM Dynamic Income A HCMBX

Morningstar Medalist Rating
Medalist Rating as of | See Howard Capital Management Investment Hub
  • NAV / 1-Day Return 10.15  /  −0.49 %
  • Total Assets 136.3 Mil
  • Adj. Expense Ratio
    2.090%
  • Expense Ratio 2.090%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.52%
  • Effective Duration 7.89 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:20 PM GMT+0

Morningstar’s Analysis HCMBX

Will HCMBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HCMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HCMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HCMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in HCM Dynamic Income A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings HCMBX

More HCMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SPDR® Blmbg Convert Secs ETF

19.86 26.2 Mil
—

iShares Convertible Bond ETF

19.82 26.1 Mil
—

iShares iBoxx $ High Yield Corp Bd ETF

19.70 25.9 Mil
—

iShares JP Morgan USD Em Mkts Bd ETF

19.57 25.8 Mil
—

Direxion Daily 20+ Yr Trsy Bull 3X ETF

19.27 25.4 Mil
—

Hcm Bbh Sweep

1.92 2.5 Mil
Cash and Equivalents

Cash

−0.14 −189,288
Cash and Equivalents

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