Emerald Finance and Banking Innovation Fund - A (HSSAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
27.99
-0.19 (-0.67%)
Jun 3, 2025, 8:09 AM EDT
22.82% (1Y)
| Fund Assets | 45.56M |
| Expense Ratio | 1.77% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 1.89% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jul 10, 2024 |
| Previous Close | 28.18 |
| YTD Return | -0.21% |
| 1-Year Return | 26.67% |
| 5-Year Return | 34.13% |
| 52-Week Low | 21.78 |
| 52-Week High | 31.17 |
| Beta (5Y) | 1.32 |
| Holdings | 73 |
| Inception Date | Feb 18, 1997 |
About HSSAX
The investment seeks long-term growth through capital appreciation; income is a secondary objective. The fund has adopted an investment policy that it will, under normal conditions, invest at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in stocks (both common and preferred) of companies principally engaged in the banking or financial services industries, and collective investment vehicles that invest in companies that are principally engaged in the banking and financial services industries.
Fund Family Emerald Funds
Category Financial
Stock Exchange NASDAQ
Ticker Symbol HSSAX
Share Class Class A
Index Russell 2000 TR
Performance
HSSAX had a total return of 26.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
Top 10 Holdings
39.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Coastal Financial Corporation | CCB | 4.87% |
| Northeast Bank | NBN | 4.66% |
| The Bancorp, Inc. | TBBK | 4.50% |
| Skyward Specialty Insurance Group, Inc. | SKWD | 4.30% |
| Metropolitan Bank Holding Corp. | MCB | 4.29% |
| Axos Financial, Inc. | AX | 4.24% |
| Kinsale Capital Group, Inc. | KNSL | 4.12% |
| FinWise Bancorp | FINW | 3.14% |
| Western Alliance Bancorporation | WAL | 2.90% |
| Esquire Financial Holdings, Inc. | ESQ | 2.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 10, 2024 | $0.55886 | Jul 11, 2024 |
| Dec 14, 2021 | $5.59394 | Dec 15, 2021 |
| Dec 17, 2018 | $7.71473 | Dec 18, 2018 |
| Dec 18, 2017 | $1.28587 | Dec 19, 2017 |