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Morningstar

HCM Income Plus I HCMLX

Morningstar Medalist Rating
Medalist Rating as of | See Howard Capital Management Investment Hub
  • NAV / 1-Day Return 16.90  /  +0.84 %
  • Total Assets 698.5 Mil
  • Adj. Expense Ratio
    1.250%
  • Expense Ratio 1.250%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Status Open
  • TTM Yield 0.86%
  • Turnover 232%

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0

Morningstar’s Analysis HCMLX

Will HCMLX 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 HCMLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HCMLX 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 HCMLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in HCM Income Plus I'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 HCMLX

More HCMLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares Core US Aggregate Bond ETF

19.34 134.8 Mil
—

ProShares Ultra QQQ

17.44 121.5 Mil
—

Vanguard Mega Cap Growth ETF

17.38 121.1 Mil
—

Invesco QQQ Trust

15.65 109.1 Mil
—

Vanguard Growth ETF

11.44 79.7 Mil
—

ProShares Ultra S&P500

10.98 76.5 Mil
—

WisdomTree Floating Rate Treasury ETF

7.07 49.2 Mil
—

Hcm Bbh Sweep

0.81 5.6 Mil
Cash and Equivalents

Cash

−0.10 −702,845
Cash and Equivalents