HYBUX — Hancock Horizon Burkenroad Small Cap Fund
Data updated: 2021-08-26
HYBUX — Hancock Horizon Burkenroad Small Cap Fund. United States Real Estate · $133.23M AUM. Holdings, fees, performance and SEC filings.
HYBUX Fund Overview
HYBUX — Hancock Horizon Burkenroad Small Cap Fund is a US mutual fund managed by Advisors' Inner Circle Fund II, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund II
- Category: United States Real Estate
- Assets under management: $133.23M
- 1-year return: 57.8%
- Ticker: HYBUX
- SEC CIK: 0000890540
- SEC series ID: S000006464
- Share class ID: C000017671
HYBUX Investment Objective and Strategy
Hancock Horizon Burkenroad Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund II.
Investment objective
"The Hancock Horizon Burkenroad Small Cap Fund (the ""Burkenroad Small Cap Fund"" or the ""Fund"") seeks long-term capital appreciation."
Principal investment strategy
"Under normal market conditions, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks and other equity securities of companies with small capitalizations located or doing business in Alabama, Florida, Georgia, Louisiana, Mississippi and Texas. This investment policy may be changed by the Fund upon 60 days' prior written notice to shareholders. The Fund considers small-capitalization companies to be those with market capitalizations, at the time of purchase, that fall within or below the current range of companies in either the Russell 2000 Index or the S&P Small Cap 600 Index, or below the average of the maximum market capitalizations of companies in either index as of January 31 of each of the three preceding years. As of January 31, 2018, the market capitalization ranges for the Russell 2000 Index and the S&P Small Cap 600 Index were approximately $20.20 million to $10.05 billion and $90.40 million to $4.61 billion, respectively.
The other equity securities in which the Fund may invest include real estate investment trusts (""REITs""). In selecting securities, the Adviser primarily considers sales and expense trends, market position, historic and expected earnings and dividends. The Adviser will diversify the Fund's securities across industry sectors. The Adviser continually monitors the Fund's portfolio and may sell a security when there is a fundamental change in the security's prospects or better investment opportunities become available. The Fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows above the Fund's small-capitalization range. Horizon Advisers (the ""Adviser"") utilizes Tulane University's Burkenroad Reports (the ""Reports"") as a source of investment research and also employs its own fundamental research and quantitative analysis in its investment decision making.
For more information about the Reports, see ""More Information About the Burkenroad Reports."" The Adviser independently verifies the information contained within the Reports and considers, but does not rely exclusively on, the Reports in making investment decisions for the Fund. The Fund will regularly invest in companies other than those covered by the Reports, and may not own shares of all of the companies covered by the Reports."
HYBUX Performance
Total returns for HYBUX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 57.8% |
HYBUX Risk Information
Risk metrics for HYBUX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.9%
HYBUX Costs and Fees
HYBUX costs about $150 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.50%
- Gross expense ratio: 1.71%
- Portfolio turnover: 31%
- Brokerage commissions: 36.06 bps of average net assets (SEC N-CEN)
HYBUX Cashflows
Over the 12 months to 2021-06, Hancock Horizon Burkenroad Small Cap Fund had net inflows of $79.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $7.48M |
| 2021-05 | $2.89M |
| 2021-04 | $4.34M |
| 2021-03 | $7.46M |
| 2021-02 | $4.19M |
| 2021-01 | $5.37M |
HYBUX Debt Constituents
No individual debt constituents are reported in Hancock Horizon Burkenroad Small Cap Fund's latest SEC N-PORT filing.
HYBUX Prospectus and SEC Filings
Official Hancock Horizon Burkenroad Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-06-16
- Prospectus (485BPOS) — filed 2019-06-12
- Portfolio holdings (N-PORT) — filed 2021-08-26
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-03-01
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-04-15
Related Funds
Other United States Real Estate 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.