HSAFX — Hussman Strategic Allocation Fund
Data updated: 2026-05-29
HSAFX — Hussman Strategic Allocation Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Small Cap Blend / Core Equity · $26.05M AUM · 3.05% expense ratio · -13.2% 1-yr return. From SEC regulatory filings.
HSAFX Fund Overview
HSAFX — Hussman Strategic Allocation Fund is a US mutual fund managed by Hussman Investment Trust, categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Hussman Investment Trust
- Category: United States Small Cap Blend / Core Equity
- Assets under management: $26.05M
- 1-year return: -13.2%
- Ticker: HSAFX
- SEC CIK: 0001110502
- SEC series ID: S000065870
- Share class ID: C000212809
HSAFX Holdings
Top 10 holdings of Hussman Strategic Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Short-Term Invts T | 26.88% |
| United States Treasury Notes | 7.75% |
| United States Treasury Notes | 3.81% |
| United States Treasury Notes | 2.03% |
| United States Treasury Bonds | 1.80% |
| Corcept Therapeutics Inc. | 0.93% |
| United Natural Foods, Inc. | 0.86% |
| The Campbells Co. | 0.85% |
| APA Corp. | 0.81% |
| Etsy Inc | 0.77% |
HSAFX Portfolio Allocation
Asset-class allocation of Hussman Strategic Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 83.1% |
| Cash & Equivalents | 26.9% |
| Fixed Income | 15.4% |
| Derivatives | 0.2% |
HSAFX Costs and Fees
HSAFX costs about $305 per $10,000 invested per year in fund expenses.
- Net expense ratio: 3.05%
- Gross expense ratio: 2.17%
- Portfolio turnover: 468%
- Brokerage commissions: 30.60 bps of average net assets (SEC N-CEN)
HSAFX Cashflows
Over the 12 months to 2026-03, Hussman Strategic Allocation Fund had net outflows of $1.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$414.45K |
| 2026-02 | −$948.41K |
| 2026-01 | −$74.32K |
| 2025-12 | −$491.30K |
| 2025-11 | $10.38K |
| 2025-10 | −$183.75K |
HSAFX Debt Constituents
Largest debt holdings of Hussman Strategic Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Notes | 7.75% |
| United States Treasury Notes | 3.81% |
| United States Treasury Notes | 2.03% |
| United States Treasury Bonds | 1.80% |
HSAFX Prospectus and SEC Filings
Official Hussman Strategic Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Blend / Core Equity 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.