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.
HCM Dynamic Income I HCMUX
- NAV / 1-Day Return 9.83 / −0.20 %
- Total Assets 125.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.830%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Moderate
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 2.95%
- Effective Duration 6.16 years
USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0
Morningstar’s Analysis HCMUX
Will HCMUX 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 99.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SPDR® Blmbg Convert Secs ETF | 23.87 | 30.8 Mil | — |
iShares Convertible Bond ETF | 22.91 | 29.6 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 18.66 | 24.1 Mil | — |
iShares iBoxx $ High Yield Corp Bd ETF | 17.86 | 23.1 Mil | — |
Hcm Bbh Sweep | 14.57 | 18.8 Mil | Cash and Equivalents |
Direxion Daily 20+ Yr Trsy Bull 3X ETF | 14.32 | 18.5 Mil | — |
iShares iBoxx $ Invmt Grade Corp Bd ETF | 2.21 | 2.9 Mil | — |
Cash | −14.40 | −18.6 Mil | Cash and Equivalents |