Hilton Tactical Income Fund (HCYAX)
The fund utilizes a disciplined approach to balancing fixed income investments with historically higher income producing equity investments, with a focus on minimizing absolute 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 also offer the potential for capital appreciation but also may invest in options to attempt to hedge volatility and portfolio risks.
Fund Info
| ISIN | US2549391769 |
|---|---|
| CUSIP | 254939176 |
| Issuer | Direxion |
| Inception Date | Sep 15, 2013 |
| Category | Tactical Allocation |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HCYAX has a high expense ratio of 1.12%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hilton Tactical Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hilton Tactical Income Fund had a return of 5.51% year-to-date (YTD) and 10.61% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.51% | 11.29% |
| 1 month | 3.39% | 4.87% |
| 6 months | 9.27% | 17.88% |
| 1 year | 10.61% | 29.16% |
| 5 years (annualized) | 3.79% | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of HCYAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.14% | 1.60% | 1.58% | -1.90% | 5.51% | ||||||||
| 2023 | 1.21% | -2.02% | 2.17% | 1.27% | -1.16% | 0.92% | 0.98% | -0.78% | -1.65% | -0.50% | 3.87% | 2.50% | 6.83% |
| 2022 | -4.23% | -2.25% | 0.84% | -2.52% | -0.37% | -2.25% | 2.94% | -2.07% | -3.98% | 1.74% | 2.27% | -1.29% | -10.88% |
| 2021 | -1.76% | 2.50% | 3.70% | 2.59% | 1.17% | 0.60% | 2.00% | 1.36% | -2.78% | 3.79% | -0.98% | 2.55% | 15.51% |
| 2020 | 1.82% | -4.06% | -13.46% | 3.59% | 2.29% | -0.51% | 3.20% | 2.92% | -1.37% | -1.08% | 3.93% | 2.32% | -1.78% |
| 2019 | 4.15% | 1.16% | 1.40% | 1.56% | 0.05% | 1.84% | 1.28% | 0.98% | 0.11% | 0.28% | 0.40% | 1.20% | 15.34% |
| 2018 | 0.71% | -2.39% | 0.54% | 0.18% | 1.76% | -0.62% | 1.27% | 1.49% | -0.48% | -3.41% | 1.29% | -3.16% | -2.95% |
| 2017 | 0.62% | 1.50% | -0.26% | 1.11% | 0.24% | 0.18% | 0.49% | -0.19% | 2.10% | 1.21% | 1.20% | -0.13% | 8.33% |
| 2016 | -0.38% | -0.57% | 2.62% | 0.57% | 1.31% | 2.28% | 1.14% | 0.49% | -0.08% | -0.85% | 0.57% | 2.70% | 10.15% |
| 2015 | 1.57% | 0.16% | 0.41% | -0.35% | -1.76% | 1.08% | -2.63% | -1.04% | 2.75% | 0.30% | -0.17% | 0.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HCYAX is 73, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
HCYAX (Hilton Tactical Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hilton Tactical Income Fund (HCYAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hilton Tactical Income Fund granted a 2.93% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.48 | $0.45 | $0.45 | $0.54 | $0.46 | $0.62 | $0.46 | $0.62 | $0.61 |
Dividend yield | 2.93% | 2.83% | 2.77% | 2.40% | 3.26% | 2.64% | 3.98% | 2.77% | 3.88% | 4.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Hilton Tactical Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.22 | |||||||
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.48 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2020 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.54 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.20 | $0.62 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2016 | $0.09 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.62 |
| 2015 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hilton Tactical Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hilton Tactical Income Fund was 25.70%, occurring on Mar 23, 2020. Recovery took 259 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.7% | Feb 19, 2020 | 24 | Mar 23, 2020 | 259 | Apr 1, 2021 | 283 |
| -13.9% | Jan 3, 2022 | 198 | Oct 14, 2022 | 397 | May 15, 2024 | 595 |
| -7.81% | Aug 30, 2018 | 80 | Dec 24, 2018 | 53 | Mar 13, 2019 | 133 |
| -6.37% | Apr 27, 2015 | 203 | Feb 11, 2016 | 60 | May 9, 2016 | 263 |
| -5.41% | Jan 24, 2018 | 12 | Feb 8, 2018 | 83 | Jun 8, 2018 | 95 |
Volatility
Volatility Chart
The current Hilton Tactical Income Fund volatility is 1.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.