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 10.01 / −0.60 %
- Total Assets 133.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.830%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 2.78%
- Effective Duration 7.89 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 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 98.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SPDR® Blmbg Convert Secs ETF | 19.86 | 26.2 Mil | — |
iShares Convertible Bond ETF | 19.82 | 26.1 Mil | — |
iShares iBoxx $ High Yield Corp Bd ETF | 19.70 | 25.9 Mil | — |
iShares JP Morgan USD Em Mkts Bd ETF | 19.57 | 25.8 Mil | — |
Direxion Daily 20+ Yr Trsy Bull 3X ETF | 19.27 | 25.4 Mil | — |
Hcm Bbh Sweep | 1.92 | 2.5 Mil | Cash and Equivalents |
Cash | −0.14 | −189,288 | Cash and Equivalents |