HCMBX Performance — HCM Dynamic Income Fund, Class A
Data updated: 2026-09-11
HCMBX returned +6.30% year to date and +12.59% over one year to Jun 2026. The annualised 3-year return is +6.95%. Against its US Multi-Cap Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $122, against $142 for the category, and to $113 over one year, against $112. Volatility over the past three years was 8.30% a year. In the 12 months to Jun 2026 the fund took in a net $6.0M, and assets reached $140.33M.
HCMBX Growth of $100
What $100 invested in HCM Dynamic Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | HCMBX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $122 | $142 |
| Since data start (Jul 2022 – Jun 2026) | $120 | $156 |
HCMBX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.30% |
| 1 year | +12.59% |
| 3 years (annualised) | +6.95% |
HCMBX Annual Returns
Calendar-year total returns of HCM Dynamic Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.30% |
| 2025 | +8.61% |
| 2024 | +0.04% |
| 2023 | +5.71% |
| 2022 (Jul–Dec) | −1.96% |
HCMBX 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 | +2.4% | +0.7% | −1.7% | +1.4% | +3.4% | +0.1% | — | — | — | — | — | — |
| 2025 | +1.7% | +2.3% | −5.2% | −0.8% | +2.1% | +2.6% | +1.4% | +1.5% | +3.0% | +1.6% | −1.0% | −0.6% |
| 2024 | −0.9% | −1.0% | +0.6% | −3.2% | +1.4% | +0.4% | +1.1% | +1.3% | +1.5% | −2.1% | +4.4% | −3.2% |
| 2023 | +1.5% | −2.7% | +0.2% | −0.2% | −0.9% | +2.0% | +1.5% | −1.5% | −2.3% | −2.0% | +3.4% | +6.9% |
| 2022 | — | — | — | — | — | — | 0.0% | −1.1% | −0.7% | 0.0% | +0.2% | −0.4% |
HCMBX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.30%
- 3-year Sharpe ratio: 0.30 (vs 4.5% risk-free rate)
- Best month: +6.91% (Dec 2023)
- Worst month: −5.17% (Mar 2025)
HCMBX Fund Flows
Monthly money in and out of HCM Dynamic Income Fund, from SEC Form N-PORT.
- 12-month net flow: $6.0M
- 12-month gross sales (incl. reinvestments): $34.3M
- Sales ÷ redemptions: 1.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.5M | $3.2M | −$702K |
| May 2026 | $2.3M | $2.5M | −$181K |
| Apr 2026 | $4.0M | $2.3M | $1.7M |
| Mar 2026 | $4.7M | $2.6M | $2.1M |
| Feb 2026 | $3.9M | $1.9M | $2.0M |
| Jan 2026 | $2.3M | $2.8M | −$483K |
| Dec 2025 | $8.5M | $3.1M | $5.3M |
| Nov 2025 | $1.1M | $1.4M | −$257K |
| Oct 2025 | $1.2M | $1.6M | −$396K |
| Sep 2025 | $1.3M | $2.3M | −$1.0M |
| Aug 2025 | $1.4M | $2.0M | −$670K |
| Jul 2025 | $1.2M | $2.6M | −$1.4M |
HCMBX Assets Under Management
Net assets of HCM Dynamic Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $140.33M |
| 2026-03-31 | $132.89M |
| 2025-12-31 | $127.67M |
| 2025-09-30 | $125.73M |
| 2025-06-30 | $121.62M |
| 2025-03-31 | $128.19M |
| 2024-12-31 | $125.68M |
| 2024-09-30 | $135.82M |
| 2024-06-30 | $123.65M |
| 2024-03-31 | $129.17M |
| 2023-12-31 | $137.81M |
| 2023-09-30 | $131.71M |
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.