HULCX Performance — Hawaiian Tax-Free Trust, Class C
Data updated: 2026-08-26
HULCX returned +1.30% year to date and +4.96% over one year to Jun 2026. Annualised returns are +1.96% over 3 years and −0.29% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $106, against $111 for the category, and to $105 over one year, against $106. Volatility over the past three years was 4.50% a year. In the 12 months to Jun 2026 the fund lost a net $31.9M, and assets reached $363.94M.
HULCX Growth of $100
What $100 invested in Hawaiian Tax-Free Trust grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | HULCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $106 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $99 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $102 | $112 |
HULCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.30% |
| 1 year | +4.96% |
| 3 years (annualised) | +1.96% |
| 5 years (annualised) | −0.29% |
HULCX Annual Returns
Calendar-year total returns of Hawaiian Tax-Free Trust, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.30% |
| 2025 | +2.97% |
| 2024 | +0.22% |
| 2023 | +2.37% |
| 2022 | −7.42% |
| 2021 | −0.81% |
| 2020 | +2.63% |
| 2019 (Jul–Dec) | +0.91% |
HULCX 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 | +0.5% | +0.9% | −1.9% | +0.9% | +0.2% | +0.6% | — | — | — | — | — | — |
| 2025 | +0.1% | +0.7% | −1.4% | −0.3% | −0.2% | +0.5% | −0.3% | +0.7% | +2.2% | +1.0% | +0.2% | −0.1% |
| 2024 | −0.3% | −0.1% | −0.2% | −1.0% | −0.2% | +1.1% | +0.9% | +0.8% | +0.6% | −1.3% | +1.0% | −1.0% |
| 2023 | +2.0% | −2.0% | +1.7% | −0.4% | −0.9% | +0.6% | +0.2% | −2.0% | −2.2% | −1.1% | +4.9% | +1.7% |
| 2022 | −2.1% | −0.6% | −2.3% | −2.0% | +0.8% | −1.1% | +1.8% | −1.9% | −3.0% | −0.5% | +3.3% | 0.0% |
| 2021 | +0.3% | −1.3% | +0.2% | +0.4% | +0.1% | +0.1% | +0.4% | −0.3% | −0.7% | −0.2% | +0.3% | 0.0% |
| 2020 | +1.1% | +0.6% | −1.9% | −0.5% | +2.5% | 0.0% | +0.9% | −0.4% | −0.1% | −0.3% | +0.6% | +0.3% |
| 2019 | — | — | — | — | — | — | +0.6% | +0.8% | −0.8% | +0.1% | 0.0% | +0.2% |
HULCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.50%
- 3-year Sharpe ratio: -0.56 (vs 4.5% risk-free rate)
- Best month: +4.93% (Nov 2023)
- Worst month: −2.22% (Sep 2023)
HULCX Fund Flows
Monthly money in and out of Hawaiian Tax-Free Trust, from SEC Form N-PORT.
- 12-month net flow: −$31.9M
- 12-month gross sales (incl. reinvestments): $26.4M
- Sales ÷ redemptions: 0.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.8M | $3.6M | −$789K |
| May 2026 | $1.8M | $4.8M | −$3.0M |
| Apr 2026 | $1.6M | $4.2M | −$2.6M |
| Mar 2026 | $4.6M | $5.4M | −$836K |
| Feb 2026 | $2.2M | $5.3M | −$3.1M |
| Jan 2026 | $1.9M | $3.5M | −$1.6M |
| Dec 2025 | $2.0M | $6.5M | −$4.6M |
| Nov 2025 | $1.5M | $3.9M | −$2.3M |
| Oct 2025 | $2.6M | $6.2M | −$3.6M |
| Sep 2025 | $1.4M | $4.7M | −$3.3M |
| Aug 2025 | $2.5M | $6.5M | −$4.0M |
| Jul 2025 | $1.4M | $3.6M | −$2.2M |
HULCX Assets Under Management
Net assets of Hawaiian Tax-Free Trust by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $363.94M |
| 2026-03-31 | $365.75M |
| 2025-12-31 | $374.79M |
| 2025-09-30 | $382.91M |
| 2025-06-30 | $385.04M |
| 2025-03-31 | $396.79M |
| 2024-12-31 | $409.99M |
| 2024-09-30 | $437.89M |
| 2024-06-28 | $457.74M |
| 2024-03-28 | $471.66M |
| 2023-12-29 | $483.57M |
| 2023-09-29 | $478.72M |
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.