About HOIBX
Homestead Intermediate Bond Fund is an open-end mutual fund focused on generating a high level of current income while aiming to preserve capital. As a diversified bond fund, it invests in a broad range of debt securities, including corporate bonds, U.S. Treasury securities, municipal bonds, mortgage-backed securities, asset-backed securities, as well as securities issued or guaranteed by U.S. government agencies and foreign sovereign issuers. The fund targets an average portfolio maturity between three and ten years, positioning it in the intermediate-range segment—a key area for investors seeking a balance between yield and interest rate risk. Notably, the fund may hold securities of any credit quality and allocates up to 15% of assets to bonds rated below investment grade. These features allow broad exposure across fixed-income sectors, enhancing diversification and risk management. The Homestead Intermediate Bond Fund tracks the Bloomberg U.S. Aggregate Index as its benchmark, reflecting its core role in providing steady income, interest rate diversification, and capital preservation within a larger portfolio of fixed-income assets. As of June 2025, it manages over $133 million in assets and holds more than 280 securities, underscoring its significant presence within the intermediate bond fund category.
Fund Family Homestead
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol HOIBX
Index Bloomberg U.S. Aggregate Bond TR
HOIBX had a total return of -2.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.12%.
