HOIBX – Homestead Intermediate Bond Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks to provide a high level of current income consistent with preservation of capital through investments in bonds and other debt securities. Under normal circumstances, the advisor intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed-income debt securities. It may invest up to 20% of its assets in other instruments, primarily including preferred stock (fixed maturity and perpetual), convertible bonds, and other investment companies, including open-end funds, closed-end funds and exchange-traded funds ("ETFs").

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HOIBX	Homestead Intermediate Bond Fund	No Load	Open			May 1, 2019	$144.14M	0.800%	High	$500	$7.83M

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