HSAFX — Hussman Strategic Allocation Fund
Data updated: 2026-08-28
HSAFX — Hussman Strategic Allocation Fund. United States Small Cap Blend / Core Equity · $24.20M AUM. Holdings, fees, performance and SEC 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: $24.20M
- 1-year return: -16.9%
- 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 Investments Trust | 37.65% |
| United States Of America - Bureau Of The Public Debt | 8.38% |
| United States Of America - Bureau Of The Public Debt | 2.19% |
| United States Of America - Bureau Of The Public Debt | 2.06% |
| United States Of America - Bureau Of The Public Debt | 1.98% |
| Pepsico, Inc. | 1.01% |
| Ubiquiti, Inc. | 0.99% |
| Incyte Corp. | 0.94% |
| Viasat, Inc. | 0.93% |
| Neurocrine Biosciences, Inc. | 0.91% |
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 | 83.3% |
| Cash & Equivalents | 37.6% |
| Fixed Income | 14.6% |
HSAFX Costs and Fees
HSAFX costs about $129 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.29%
- Gross expense ratio: 2.17%
- Portfolio turnover: 468%
- Brokerage commissions: 31.62 bps of average net assets (SEC N-CEN)
HSAFX Cashflows
Over the 12 months to 2026-06, Hussman Strategic Allocation Fund had net outflows of $3.48M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$276.76K |
| 2026-05 | −$537.41K |
| 2026-04 | $18.07K |
| 2026-03 | −$414.45K |
| 2026-02 | −$948.41K |
| 2026-01 | −$74.32K |
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 Of America - Bureau Of The Public Debt | 8.38% |
| United States Of America - Bureau Of The Public Debt | 2.19% |
| United States Of America - Bureau Of The Public Debt | 2.06% |
| United States Of America - Bureau Of The Public Debt | 1.98% |
HSAFX Prospectus and SEC Filings
Official Hussman Strategic Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-24
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus supplement (497) — filed 2024-10-30
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-08-27
- Annual census (N-CEN) — filed 2025-08-29
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.