Hilton Tactical Income Instl

Frequently Asked Questions About HCYIX

What does HCYIX invest in?

The fund utilizes a disciplined approach to balancing fixed income investments with historically higher income producing equity investments, with a focus on minimizing risk and volatility. The fund's subadviser generally seeks to mitigate portfolio risk and volatility by creating a diversified portfolio of income producing securities that offer the potential for capital appreciation but also may invest in options to attempt to hedge volatility and portfolio risks.

What is the expense ratio of HCYIX?

Hilton Tactical Income Instl (HCYIX) charges an expense ratio of 1.04%. This is the annual fee deducted from fund assets to cover management and operations.

What is HCYIX's dividend yield?

HCYIX's trailing-twelve-month yield is 6.66%, calculated from the sum of dividends over the past year divided by the current price.

How big is HCYIX?

Hilton Tactical Income Instl (HCYIX) manages $131.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HCYIX actively managed or an index fund?

HCYIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HCYIX launched?

Hilton Tactical Income Instl (HCYIX) launched in September 2013 and is managed by the fund issuer.