BHIAX Performance — Hawaii Municipal Bond Fund, Retail A
Data updated: 2026-08-27
BHIAX returned −7.33% year to date and −18.61% over one year to Jun 2026. Over one year the fund trailed its Intermediate Municipal Bond category average: $100 grew to $81, against $106 for the category. Volatility over the past 12 months was 3.46% a year. In the 12 months to Jun 2026 the fund lost a net $12.3M, and assets reached $165.37M.
BHIAX Growth of $100
What $100 invested in Hawaii Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | BHIAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $81 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $40 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $18 | $105 |
| Since data start (Jan 2020 – Jun 2026) | $11 | $110 |
BHIAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −7.33% |
| 1 year | −18.61% |
3- and 5-year figures withheld: not verified.
BHIAX Annual Returns
Calendar-year total returns of Hawaii Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −7.33% |
| 2025 | −26.66% |
| 2024 | −29.86% |
| 2023 | −29.06% |
| 2022 | −35.46% |
| 2021 | −30.46% |
| 2020 | −28.33% |
BHIAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −3.3% | −0.6% | −0.8% | −1.0% | −1.2% | −0.7% | — | — | — | — | — | — |
| 2025 | −4.3% | −2.2% | −2.8% | −2.2% | −2.9% | −3.4% | −1.3% | −2.1% | −3.3% | −1.2% | −2.8% | −2.2% |
| 2024 | −3.2% | −3.1% | −3.1% | −2.0% | −3.2% | −3.7% | −2.3% | −2.5% | −2.3% | −3.7% | −1.8% | −4.1% |
| 2023 | −1.4% | −4.8% | −1.1% | −2.4% | −3.8% | −3.3% | −5.0% | −5.3% | −2.8% | −1.4% | +1.6% | −3.9% |
| 2022 | −5.4% | −3.5% | −5.0% | −3.9% | −2.1% | −5.1% | −5.8% | −4.8% | −1.3% | −2.8% | +0.2% | −3.3% |
| 2021 | −2.7% | −4.3% | −2.6% | −2.9% | −2.8% | −2.3% | −3.7% | −3.3% | −2.5% | −3.0% | −2.4% | −3.1% |
| 2020 | −5.3% | −2.2% | −1.7% | −2.9% | −0.3% | −3.9% | −3.1% | −3.3% | −2.0% | −2.6% | −2.1% | −3.3% |
BHIAX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 3.46%
- Best month: −0.60% (Feb 2026)
- Worst month: −3.30% (Jan 2026)
BHIAX Fund Flows
Monthly money in and out of Hawaii Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$12.3M
- 12-month gross sales (incl. reinvestments): $12.9M
- Sales ÷ redemptions: 0.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $906K | $1.7M | −$835K |
| May 2026 | $331K | $2.7M | −$2.4M |
| Apr 2026 | $1.8M | $1.6M | $200K |
| Mar 2026 | $405K | $1.1M | −$744K |
| Feb 2026 | $1.2M | $1.6M | −$379K |
| Jan 2026 | $1.4M | $2.5M | −$1.1M |
| Dec 2025 | $671K | $2.3M | −$1.6M |
| Nov 2025 | $899K | $1.3M | −$386K |
| Oct 2025 | $1.8M | $3.1M | −$1.3M |
| Sep 2025 | $1.1M | $2.5M | −$1.4M |
| Aug 2025 | $727K | $2.3M | −$1.6M |
| Jul 2025 | $1.6M | $2.4M | −$755K |
BHIAX Assets Under Management
Net assets of Hawaii Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $165.37M |
| 2026-03-31 | $166.76M |
| 2025-12-31 | $170.51M |
| 2025-09-30 | $172.34M |
| 2025-06-30 | $173.19M |
| 2025-03-31 | $180.90M |
| 2024-12-31 | $188.04M |
| 2024-09-30 | $197.55M |
| 2024-06-30 | $209.97M |
| 2024-03-31 | $218.55M |
| 2023-12-31 | $229.08M |
| 2023-09-30 | $104.40M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.