Skip to Content
Morningstar

Hawaiian Tax-Free Trust Y HULYX

Morningstar Medalist Rating
Medalist Rating as of | See Bank of Hawaii Investment Hub
  • NAV / 1-Day Return 10.56  /  +0.02 %
  • Total Assets 445.3 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.25%
  • Effective Duration 6.04 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis HULYX

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

  • People Pillar

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

A new administrator and distribution partner is coming.

Director Alec Lucas

Alec Lucas

Director

Summary

Hawaiian Tax-Free Trust’s manager and approach remain intact under advisor the Bank of Hawaii, but the fund’s longtime relationship with administrator and distributor Aquila Investment Management will end in 2024’s third quarter. This pending change creates some uncertainty, but not enough to alter this fund’s Average People and Process ratings after Morningstar’s June 2024 reaffirmation of Aquila’s Below Average Parent rating.

by Alec Lucas
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HULYX

More HULYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5%

4.64 20.8 Mil
municipal

HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25%

4.27 19.2 Mil
municipal

HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5%

3.49 15.7 Mil
municipal

HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25%

2.44 11.0 Mil
municipal

HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5.5%

2.42 10.9 Mil
municipal

HAWAII ST 5%

2.39 10.7 Mil
municipal

HAWAII ST ARPTS SYS REV 5%

2.31 10.4 Mil
municipal

HAWAII ST HBR SYS REV 4%

2.23 10.0 Mil
municipal

HAWAII ST HBR SYS REV 4%

2.00 9.0 Mil
municipal

HONOLULU HAWAII CITY & CNTY BRD WTR SUPPLY WTR SYS REV 5.25%

1.86 8.4 Mil
municipal