BSHIX Performance — Hawaii Municipal Bond Fund, Institutional Class
Data updated: 2026-08-27
BSHIX returned +1.42% year to date and +5.35% over one year to Jun 2026. Over one year the fund trailed its Intermediate Municipal Bond category average: $100 grew to $105, against $106 for the category. Volatility over the past 12 months was 3.04% a year. In the 12 months to Jun 2026 the fund lost a net $12.3M, and assets reached $165.37M.
BSHIX 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 | BSHIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $109 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $103 | $105 |
| Since data start (Jan 2020 – Jun 2026) | $107 | $110 |
BSHIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.42% |
| 1 year | +5.35% |
3- and 5-year figures withheld: disagrees with sibling classes.
BSHIX 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) | +1.42% |
| 2025 | +4.32% |
| 2024 | +1.53% |
| 2023 | +2.46% |
| 2022 | −6.68% |
| 2021 | +0.62% |
| 2020 | +3.85% |
BSHIX 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 | −1.9% | +0.9% | +0.7% | +0.5% | +0.3% | +0.8% | — | — | — | — | — | — |
| 2025 | −1.2% | +0.8% | +0.3% | +0.9% | +0.1% | −0.4% | +1.7% | +0.9% | −0.3% | +0.3% | +0.2% | +0.9% |
| 2024 | −0.1% | +0.1% | −0.1% | +1.0% | −0.2% | −0.6% | +0.8% | +0.6% | +0.7% | −0.7% | +1.2% | −1.1% |
| 2023 | +1.8% | −1.8% | +2.0% | +0.7% | −0.7% | −0.3% | −2.0% | −2.3% | +0.3% | +1.5% | +4.8% | −1.0% |
| 2022 | −2.6% | −0.5% | −2.2% | −1.1% | +0.9% | −2.0% | −2.8% | −1.8% | +1.9% | +0.2% | +3.4% | −0.3% |
| 2021 | +0.3% | −1.3% | +0.4% | +0.1% | +0.2% | +0.7% | −0.6% | −0.2% | +0.6% | +0.1% | +0.6% | −0.2% |
| 2020 | −2.3% | +0.9% | +1.5% | +0.2% | +2.8% | −1.0% | +0.1% | −0.4% | +1.1% | +0.4% | +0.9% | −0.2% |
BSHIX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 3.04%
- Best month: +1.74% (Jul 2025)
- Worst month: −1.85% (Jan 2026)
BSHIX 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 |
BSHIX 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.