HANIX — Hanlon Managed Income Fund
Data updated: 2021-10-14
HANIX — Hanlon Managed Income Fund. Bond · $75.09M AUM · 1.80% expense ratio · 6.3% 1-yr return. Holdings, fees, performance and SEC filings.
HANIX Fund Overview
HANIX — Hanlon Managed Income Fund is a US mutual fund managed by Two Roads Shared Trust, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Two Roads Shared Trust
- Category: Bond
- Assets under management: $75.09M
- 1-year return: 6.3%
- Ticker: HANIX
- SEC CIK: 0001552947
- SEC series ID: S000050363
- Share class ID: C000159024
HANIX Investment Objective and Strategy
Hanlon Managed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Two Roads Shared Trust.
Investment objective
The Fund seeks to provide current income, capital preservation and positive risk-adjusted returns.
Principal investment strategy
The Fund is a tactical asset allocation fund, investing primarily in exchange-traded funds (ETFs) and shares of other investment companies (collectively, Underlying Funds). Using a proprietary investment model, the Fund allocates up to 100% of its portfolio in fixed-income Underlying Funds, including those classified as high-yield bond (also known as junk bond) funds. The Fund may also invest all or a portion of its assets in high dividend paying stocks and fixed-income securities. The Fund (or any underlying fund in which the Fund may invest) may sell securities short or leverage its assets by borrowing money from a bank in an amount of up to one-third of its assets (which includes the borrowed amount). For short-term defensive purposes, when the Adviser determines to hold an investment rather than to liquidate it, the Fund may take short or long positions in Underlying Funds, including inverse-leveraged ETFs.
The Fund uses technical analysis and trend-following to tactically manage the Fund, seeking to avoid large losses in the value of Fund assets. The Fund may, when market signals warrant, go defensive, investing all or a substantial portion of Fund assets in cash and/or cash equivalents. The Fund may, at times, invest in Underlying Funds for hedging purposes. The Fund may invest directly or indirectly in fixed income securities of any maturity or quality, including securities rated below investment grade (often referred to as high yield or junk bonds). The Fund may invest without limit in U.S. and non-U.S. dollar-denominated securities of U.S. and foreign (non-U.S.) issuers, including emerging market securities.
HANIX Performance
Total returns for HANIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.3% |
HANIX Risk Information
Risk metrics for HANIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.1%
HANIX Costs and Fees
HANIX costs about $180 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.80%
- Gross expense ratio: 1.80%
- Portfolio turnover: 721%
- Brokerage commissions: 0.07 bps of average net assets (SEC N-CEN)
HANIX Cashflows
Over the 12 months to 2021-07, Hanlon Managed Income Fund had net inflows of $45.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-07 | $3.69M |
| 2021-06 | $4.26M |
| 2021-05 | $3.63M |
| 2021-04 | $2.85M |
| 2021-03 | $3.18M |
| 2021-02 | $2.55M |
HANIX Debt Constituents
No individual debt constituents are reported in Hanlon Managed Income Fund's latest SEC N-PORT filing.
HANIX Prospectus and SEC Filings
Official Hanlon Managed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-12-15
- Prospectus (485BPOS) — filed 2019-12-11
- Prospectus (485BPOS) — filed 2018-12-10
- Portfolio holdings (N-PORT) — filed 2021-09-28
- Portfolio holdings (N-PORT) — filed 2021-06-28
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Annual census (N-CEN) — filed 2021-10-14
- Annual census (N-CEN) — filed 2020-10-14
Related Funds
Other Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.