Performance
Trailing returns
| 1 day | +0.06% |
| |||
| 1 week |
| -0.96% | |||
| 4 week |
| -4.00% | |||
| 3 month |
| -2.33% | |||
| YTD |
| -3.40% | |||
| 1 year | +0.17% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +6.03% | |
| Worst 3 month return | -1.66% |
Morningstar statistics
Morningstar category: Muni Single State Long
Key statistics
| Total assets | 19.66M | |
| Front load | 4.00% | |
| Deferred load | - | |
| Expense ratio | 1.01% | |
| Management fee | - | |
| Fund family | Hancock Horizon |
Asset allocation
| Cash | -0.16% | |
| Stocks | 0.00% | |
| Bonds | 100.16% | |
| Other | 0.00% |
Purchase information
| Initial | $1,000 | |
| Additional | $500 | |
| AIP Initial | $1,000 | |
| AIP Additional | $100 |
16.47-0.05(-0.30%)
Jun 18, 4:00PM EDT
Description
The investment seeks current income exempt from both federal income tax and Louisiana personal income tax. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that pay interest that is exempt from federal and Louisiana income tax. It may invest up to 35% of its total assets in municipal securities issued by U.S. territories. The fund may invest up to 20% of its net assets in securities that pay interest subject to the federal alternative minimum tax and in securities that pay taxable interest. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Jeffrey Tanguis (Started: Feb 1, 2011)
Jeffrey Tanguis (Started: Feb 1, 2011)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -2.75 | - | - | - | |
| Beta* | 1.63 | - | - | - | |
| Mean annual return | 0.18 | - | - | - | |
| R-squared* | 98.67 | - | - | - | |
| Standard deviation | 5.30 | - | - | - | |
| Sharpe ratio | 0.39 | - | - | - | |
| * Against standard index | |||||