Hawaiian Tax-Free Trust is now under the sole management of Reid Smith after former comanager Stephen Dodge’s mid-October departure. Given Smith’s industry experience and the simplicity of this single-state mandate, we don’t view this change as material to the strategy’s ratings. During Dodge’s eight years at subadvisor Bank of Hawaii, he began in a supporting operations role before taking on some credit and trading responsibilities as a named manager in 2021. But Smith has always been the key figure here since rejoining the bank in August 2021.
Hawaiian Tax-Free Trust C HULCX
- NAV / 1-Day Return 10.50 / −0.09 %
- Total Assets 472.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.670%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.15%
- Effective Duration 5.72 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis HULCX
Will HULCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 26.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5% | 4.46 | 21.2 Mil | municipal |
HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25% | 4.11 | 19.6 Mil | municipal |
HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5% | 3.35 | 15.9 Mil | municipal |
HAWAII ST ARPTS SYS REV 5% | 2.64 | 12.6 Mil | municipal |
HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25% | 2.36 | 11.2 Mil | municipal |
HAWAII ST 5% | 2.33 | 11.1 Mil | municipal |
HAWAII ST HBR SYS REV 4% | 2.17 | 10.3 Mil | municipal |
HONOLULU HAWAII CITY & CNTY BRD WTR SUPPLY WTR SYS REV 4% | 2.12 | 10.1 Mil | municipal |
HAWAII ST HBR SYS REV 4% | 1.93 | 9.2 Mil | municipal |
HAWAII ST 4% | 1.40 | 6.7 Mil | municipal |