Emerald Finance and Banking Innovation Fund - C (HSSCX)
| Fund Assets | 40.82M |
| Expense Ratio | 2.43% |
| Min. Investment | $2,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 2.11% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 25.02 |
| YTD Return | -3.68% |
| 1-Year Return | 12.38% |
| 5-Year Return | -34.54% |
| 52-Week Low | 21.49 |
| 52-Week High | 27.30 |
| Beta (5Y) | n/a |
| Holdings | 63 |
| Inception Date | Jul 1, 2000 |
About HSSCX
Emerald Finance and Banking Innovation Fund Class C is a diversified mutual fund focused on the financial services sector. Its primary objective is long-term growth through capital appreciation, with income as a secondary goal. The fund invests at least 80% of its assets in stocks of companies principally engaged in banking and financial services, including community banks and insurance companies, as well as collective vehicles that concentrate in similar sectors. By emphasizing innovation within the financial industry, the fund seeks to capture opportunities arising from evolving business models and regulatory landscapes. Emerald Finance and Banking Innovation Fund Class C is notable for its specialized approach, targeting a niche yet vital segment of the economy. Its strategy appeals to investors looking for exposure to financial sector growth drivers and innovations, while providing a managed portfolio diversified across various financial institutions.
Performance
HSSCX had a total return of 12.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.
Top 10 Holdings
43.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Northeast Bank | NBN | 4.82% |
| Customers Bancorp, Inc. | CUBI | 4.68% |
| Pathward Financial, Inc. | CASH | 4.66% |
| Metropolitan Bank Holding Corp. | MCB | 4.65% |
| Axos Financial, Inc. | AX | 4.61% |
| Esquire Financial Holdings, Inc. | ESQ | 4.60% |
| LendingClub Corporation | LC | 4.14% |
| The Bancorp, Inc. | TBBK | 4.13% |
| Coastal Financial Corporation | CCB | 3.66% |
| First American Government Obligations Fund | FGXXX | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 10, 2024 | $0.53022 | Jul 11, 2024 |
| Dec 14, 2021 | $5.40346 | Dec 15, 2021 |
| Dec 17, 2018 | $7.71473 | Dec 18, 2018 |
| Dec 18, 2017 | $1.28587 | Dec 19, 2017 |