About HCMBX
HCM Dynamic Income Fund Class A Shares is a nontraditional bond mutual fund designed to seek total return through a highly flexible and dynamic approach to fixed income investing. Managed since its inception in June 2022, the fund utilizes both long and short positions across various fixed income securities, including Treasury bills, notes, structured notes, corporate and convertible bonds, as well as exchange-traded funds and other investment companies. The fund’s investment strategy is guided by a proprietary trend-based model called the HCM BuyLine®, which aims to identify favorable and unfavorable market trends and dynamically adjust exposure to fixed income assets accordingly. This approach allows the fund to actively manage risk and pursue returns by moving into cash, hedging with options, or allocating to equity index futures during periods of market stress. HCM Dynamic Income Fund Class A Shares is notable for its broad sector reach, including high yield and emerging market bonds, as well as convertible securities, making it relevant for investors seeking diversification beyond traditional bond portfolios. It plays a significant role in the market by offering the potential for income and risk management in changing interest rate and credit environments.
Fund Family Howard Capital Management
Category Nontraditional Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol HCMBX
Share Class Class A Shares
HCMBX had a total return of 8.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.08%.
