HCYIX Performance — Hilton Tactical Income Fund, Institutional Class
Data updated: 2026-07-30
HCYIX returned +2.56% year to date and +10.40% over one year to May 2026. Annualised returns are +9.05% over 3 years and +4.65% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $130, against $165 for the category, and to $110 over one year, against $122. Volatility over the past three years was 5.74% a year. In the 12 months to May 2026 the fund took in a net $3.6M, and assets reached $133.46M.
HCYIX Growth of $100
What $100 invested in Hilton Tactical Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | HCYIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $110 | $122 |
| 3 years (Jun 2023 – May 2026) | $130 | $165 |
| 5 years (Jun 2021 – May 2026) | $125 | $164 |
| Since data start (Sep 2019 – May 2026) | $137 | $229 |
HCYIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.56% |
| 1 year | +10.40% |
| 3 years (annualised) | +9.05% |
| 5 years (annualised) | +4.65% |
HCYIX Annual Returns
Calendar-year total returns of Hilton Tactical Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +2.56% |
| 2025 | +8.61% |
| 2024 | +10.37% |
| 2023 | +7.07% |
| 2022 | −10.69% |
| 2021 | +15.79% |
| 2020 | −1.56% |
| 2019 (Sep–Dec) | +2.02% |
HCYIX 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 | +1.2% | +1.5% | −4.0% | +3.0% | +1.1% | — | — | — | — | — | — | — |
| 2025 | +2.2% | +0.1% | −2.6% | +0.1% | +1.2% | +2.1% | +0.9% | +1.3% | +1.4% | +0.6% | +1.3% | −0.1% |
| 2024 | +1.2% | +1.6% | +1.6% | −1.9% | +2.5% | +1.6% | +0.9% | +2.0% | +1.1% | −1.2% | +2.4% | −1.8% |
| 2023 | +1.2% | −2.0% | +2.2% | +1.3% | −1.1% | +0.9% | +1.0% | −0.7% | −1.7% | −0.5% | +3.9% | +2.5% |
| 2022 | −4.2% | −2.2% | +0.8% | −2.5% | −0.3% | −2.2% | +2.9% | −2.0% | −4.0% | +1.8% | +2.4% | −1.3% |
| 2021 | −1.7% | +2.5% | +3.7% | +2.6% | +1.2% | +0.6% | +2.0% | +1.4% | −2.8% | +3.9% | −1.0% | +2.6% |
| 2020 | +1.9% | −4.0% | −13.5% | +3.6% | +2.3% | −0.4% | +3.1% | +3.0% | −1.4% | −1.1% | +3.9% | +2.4% |
| 2019 | — | — | — | — | — | — | — | — | +0.1% | +0.4% | +0.4% | +1.2% |
HCYIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.74%
- 3-year Sharpe ratio: 0.79 (vs 4.5% risk-free rate)
- Best month: +3.86% (Nov 2023)
- Worst month: −4.04% (Mar 2026)
HCYIX Fund Flows
Monthly money in and out of Hilton Tactical Income Fund, from SEC Form N-PORT.
- 12-month net flow: $3.6M
- 12-month gross sales (incl. reinvestments): $38.1M
- Sales ÷ redemptions: 1.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.0M | $4.0M | −$2.0M |
| Apr 2026 | $2.2M | $2.4M | −$131K |
| Mar 2026 | $2.5M | $1.9M | $597K |
| Feb 2026 | $6.5M | $2.6M | $3.9M |
| Jan 2026 | $3.7M | $3.2M | $427K |
| Dec 2025 | $5.6M | $2.8M | $2.8M |
| Nov 2025 | $1.9M | $2.3M | −$357K |
| Oct 2025 | $3.8M | $1.8M | $2.0M |
| Sep 2025 | $2.9M | $1.9M | $1.0M |
| Aug 2025 | $2.6M | $1.1M | $1.5M |
| Jul 2025 | $2.9M | $2.2M | $789K |
| Jun 2025 | $1.4M | $8.3M | −$7.0M |
HCYIX Assets Under Management
Net assets of Hilton Tactical Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $133.46M |
| 2026-02-28 | $136.52M |
| 2025-11-30 | $130.42M |
| 2025-08-31 | $124.98M |
| 2025-05-31 | $125.79M |
| 2025-02-28 | $123.57M |
| 2024-11-30 | $127.70M |
| 2024-08-31 | $123.52M |
| 2024-05-31 | $121.02M |
| 2024-02-29 | $119.17M |
| 2023-11-30 | $114.27M |
| 2023-08-31 | $114.53M |
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.