HIMAX Performance — Hancock Horizon Mississippi Tax-Free Income Fund, Investor Class
Data updated: 2021-08-26
HIMAX returned +2.16% over one year to Jun 2021. Over one year the fund trailed its Municipal Bond category average: $100 grew to $102, against $103 for the category. Volatility over the past 12 months was 2.09% a year. In the 12 months to Jun 2021 the fund took in a net $3.0M, and assets reached $11.66M.
HIMAX Growth of $100
What $100 invested in Hancock Horizon Mississippi Tax-Free Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Municipal Bond category average over the same months.
| Period | HIMAX | Category average |
|---|---|---|
| 1 year (Jul 2020 – Jun 2021) | $102 | $103 |
| Since data start (Aug 2019 – Jun 2021) | $104 | $106 |
HIMAX Trailing Returns
Total returns to Jun 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.16% |
HIMAX Annual Returns
Calendar-year total returns of Hancock Horizon Mississippi Tax-Free Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Jun) | +0.47% |
| 2020 | +1.30% |
| 2019 (Aug–Dec) | +2.53% |
HIMAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | +0.6% | −1.1% | +0.2% | +0.2% | +0.1% | +0.5% | — | — | — | — | — | — |
| 2020 | +0.1% | −0.7% | −2.1% | +1.0% | +1.2% | +0.2% | 0.0% | −0.4% | +1.2% | +0.2% | +0.9% | −0.2% |
| 2019 | — | — | — | — | — | — | — | 0.0% | −0.7% | +1.4% | +1.5% | +0.2% |
HIMAX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2021.
- 1-year volatility (annualised): 2.09%
- Best month: +1.17% (Sep 2020)
- Worst month: −1.07% (Feb 2021)
HIMAX Fund Flows
Monthly money in and out of Hancock Horizon Mississippi Tax-Free Income Fund, from SEC Form N-PORT.
- 12-month net flow: $3.0M
- 12-month gross sales (incl. reinvestments): $1.4M
- Sales ÷ redemptions: -0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2021 | $24K | −$81K | $106K |
| May 2021 | $38K | −$183K | $221K |
| Apr 2021 | $108K | −$60K | $168K |
| Mar 2021 | $94K | −$304K | $398K |
| Feb 2021 | $118K | −$171K | $289K |
| Jan 2021 | $78K | −$348K | $426K |
| Dec 2020 | $139K | −$49K | $189K |
| Nov 2020 | $67K | −$106K | $174K |
| Oct 2020 | $600K | −$126K | $726K |
| Sep 2020 | $20K | −$82K | $103K |
| Aug 2020 | $65K | −$20K | $85K |
| Jul 2020 | $55K | −$108K | $163K |
HIMAX Assets Under Management
Net assets of Hancock Horizon Mississippi Tax-Free Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2021-06-30 | $11.66M |
| 2021-03-31 | $11.78M |
| 2020-12-31 | $12.42M |
| 2020-09-30 | $11.84M |
| 2020-07-31 | $11.94M |
| 2020-04-30 | $11.67M |
| 2020-01-31 | $12.32M |
| 2019-10-31 | $12.14M |
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.