HCM Dynamic Income I (HCMUX)
| Fund Assets | 121.91M |
| Expense Ratio | 1.96% |
| Min. Investment | $50,000 |
| Turnover | 179.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.33% |
| Dividend Growth | -15.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 10.23 |
| YTD Return | 4.17% |
| 1-Year Return | 7.46% |
| 5-Year Return | n/a |
| 52-Week Low | 9.22 |
| 52-Week High | 10.48 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About HCMUX
The HCM Dynamic Income Fund Class I Shares is a nontraditional bond mutual fund designed to pursue total return through an actively managed, flexible investment approach. Utilizing a proprietary trend analysis methodology known as the HCM BuyLine®, the fund dynamically adjusts its exposure to fixed income markets. When positive trends are detected, the fund increases its allocation to fixed income securities, such as U.S. Treasury bills, corporate bonds—including high yield and convertible bonds—and structured notes. During unfavorable market conditions, the fund can shift assets into cash equivalents, hedge with put options, or utilize equity index futures to help manage risk and reduce volatility. A standout feature of this fund is its diversified exposure through investments in other mutual funds and exchange-traded funds, often with a focus on sectors like convertible securities, high yield debt, and emerging market bonds. This flexible mandate allows the HCM Dynamic Income Fund to adapt to changing market environments and seek income from a broad range of fixed income opportunities. The fund generally appeals to investors seeking a dynamic, diversified approach to income generation and risk management within the nontraditional bond category.
Performance
HCMUX had a total return of 7.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.66%.
Top 10 Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| HCM BBH SWEEP - BBH SWEEP VEHICLE | n/a | 25.95% |
| SPDR Bloomberg Convertible Securities ETF | CWB | 22.05% |
| iShares Convertible Bond ETF | ICVT | 22.04% |
| iShares iBoxx $ High Yield Corporate Bond ETF | HYG | 20.12% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 9.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.2388 | Dec 20, 2024 |
| Dec 19, 2023 | $0.283 | Dec 20, 2023 |
| Dec 20, 2022 | $0.0544 | Dec 21, 2022 |