About HULCX
Hawaiian Tax-Free Trust Class C is a municipal bond mutual fund designed to provide federally and Hawaii state tax-exempt income, primarily serving the needs of Hawaii residents. The fund focuses on investing in investment-grade municipal securities issued within Hawaii, such as those financing essential public projects like schools, hospitals, highways, airports, and water facilities. Its principal aim is to generate as high a level of current income as possible that remains exempt from regular federal and state income taxes, consistent with the preservation of capital.
This fund maintains a portfolio with a weighted average maturity typically ranging from 5 to 15 years, offering exposure to the intermediate-term municipal bond market. As of late 2024, over 88% of its assets were allocated to bonds rated AA or higher, reflecting a strong credit quality among single-state municipal funds. With more than 130 holdings and total assets of several hundred million dollars, it plays a significant role in channeling investor capital toward Hawaii’s public infrastructure and services. The Class C share structure offers a level-payment option without an upfront sales charge but includes a contingent deferred sales charge for redemptions within the first 12 months.
Fund Family Asset Management Group Of Bank Of Hawaii
Category Muni Single State Interm
Performance Rating Low
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol HULCX
Share Class Class C
Index Bloomberg Muni Quality Intermediate TR
HULCX had a total return of -2.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.07%.
