About HULFX
Hawaiian Tax-Free Trust Class F is a municipal bond mutual fund primarily designed to provide investors with a high level of current income that is exempt from both Hawaiian state and regular federal income taxes. The fund achieves this objective by investing at least 80% of its assets in investment-grade municipal obligations, typically those issued to finance vital public projects in Hawaii such as schools, highways, airports, hospitals, and infrastructure improvements. It generally maintains an intermediate weighted average maturity, often between 5 to 15 years, aligning with its benchmark in the Bloomberg Quality Intermediate Municipal Bond Index.
With a focus on income generation, the fund distributes dividends monthly, and its structure specifically benefits Hawaii taxpayers seeking tax-advantaged income. While targeted at residents of Hawaii, it is generally unsuitable for tax-deferred retirement accounts. Hawaiian Tax-Free Trust Class F plays a significant role in the regional municipal bond market by channeling investments into local government and public service debt issuances, supporting community development while offering investors the potential for tax-exempt income and capital preservation.
Fund Family Asset Management Group Of Bank Of Hawaii
Category Muni Single State Interm
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol HULFX
Share Class Class F
Index Bloomberg Muni Quality Intermediate TR
HULFX had a total return of 4.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.79%.
