Hawaiian Tax-Free Trust Class A (HULAX)
| Fund Assets | 385.04M |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.26% |
| Dividend Growth | 11.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.33 |
| YTD Return | -1.17% |
| 1-Year Return | -1.64% |
| 5-Year Return | -4.68% |
| 52-Week Low | 10.15 |
| 52-Week High | 10.69 |
| Beta (5Y) | n/a |
| Holdings | 117 |
| Inception Date | Feb 20, 1985 |
About HULAX
Hawaiian Tax-Free Trust Class A is a municipal bond mutual fund designed to provide investors with income that is exempt from both Hawaii state and regular federal income taxes. The fund primarily invests in investment-grade municipal bonds issued within the state of Hawaii, which support the financing of essential public projects such as schools, highways, water and sewer facilities, airports, and hospitals. Its portfolio features a diversified mix of general obligation and revenue bonds, with a typical focus on intermediate maturities, resulting in a weighted average maturity of approximately 12 years. The fund appeals particularly to Hawaii residents seeking tax-efficient income, and it distributes income monthly. With an emphasis on capital preservation and high credit quality, Hawaiian Tax-Free Trust Class A plays a specialized role in the market by addressing the needs of investors in a single state, while contributing to the infrastructure and development of Hawaii’s public sectors. Investors should be mindful of its geographical concentration, which can lead to performance volatility versus more broadly diversified municipal bond funds.
Performance
HULAX had a total return of -1.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.99%.
Top 10 Holdings
33.00% of assets| Name | Symbol | Weight |
|---|---|---|
| HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25% | HI.HONUTL 5.25 07.01.2051 | 4.79% |
| HAWAII ST ARPTS SYS REV 5.25% | HI.HISAPT 5.25 07.01.2051 | 4.31% |
| HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5% | HI.HISGEN 5 07.01.2035 | 4.10% |
| HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5% | HI.HONUTL 5 07.01.2051 | 3.85% |
| HAWAII ST HSG FIN & DEV CORP MULTIFAMILY REV 3.3% | HI.HISMFH 12.01.2029 | 3.19% |
| HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5.5% | HI.HISGEN 5.5 07.01.2052 | 2.77% |
| HONOLULU HAWAII CITY & CNTY WASTEWTR SYS REV 5.25% | HI.HONUTL 5.25 07.01.2053 | 2.74% |
| HAWAII ST HBR SYS REV 4% | HI.HISTRN 4 07.01.2036 | 2.50% |
| HAWAII ST DEPT BUDGET & FIN SPL PURP REV 5% | HI.HISGEN 5 07.01.2042 | 2.49% |
| HAWAII ST HBR SYS REV 4% | HI.HISTRN 4 07.01.2037 | 2.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0246 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02161 | Jun 30, 2025 |
| May 30, 2025 | $0.02327 | May 30, 2025 |
| Apr 30, 2025 | $0.02128 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0216 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0176 | Feb 28, 2025 |