This strategy is run by a small but experienced team that has had a bout of turnover and uses a constrained process to buy Hawaiian municipal paper. This adds up to a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive share class is rated Negative.
Will HULCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HULCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HULCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HULCX’s parent organization’s priorities and whether they’re in line with investors’ interests.