About HCYAX
The Hilton Tactical Income Fund Investor Class is an open-end mutual fund designed to generate income with a secondary objective of capital appreciation, while maintaining a strong emphasis on capital preservation. This fund employs a tactical allocation strategy, balancing investments between fixed income securities and historically higher income-producing equities. Its diversified portfolio spans multiple sectors, including substantial positions in U.S. Treasury securities, exchange-traded funds focused on loans and mortgage-backed securities, preferred securities, and selected large-cap equities.
The fund distinguishes itself with an actively managed, risk-conscious approach, aiming to minimize absolute risk and volatility while seeking opportunities that can enhance returns over the short to medium term. It distributes income to shareholders monthly, reflecting its income-centric mandate. Sector exposure is broad, with allocations to industries such as industrials, energy, information technology, and financials. The Hilton Tactical Income Fund serves investors seeking a flexible solution for income generation, offering the adaptability to respond to changing market environments and the stability associated with diversified, risk-managed portfolios.
Fund Family Direxion Funds
Category Tactical Allocation
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol HCYAX
Share Class Investor Class
Index Bloomberg Intermediate US Govt/Credit TR
HCYAX had a total return of 8.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.13%.
