Homestead Intermediate Bond Fund (HOIBX)

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Homestead Intermediate Bond Fund (HOIBX) is up 0.2% since the beginning of the year. HOIBX is currently trading at $5 per share. Investors who bought $1,000 worth of HOIBX shares 5 years ago would now be looking at an investment worth $993.

Homestead Intermediate Bond Fund (HOIBX) has returned 0.20% so far this year and 4.40% over the past 12 months.

Based on dividend-adjusted daily data since May 7, 2019, HOIBX's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Sep 2022 at -3.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, HOIBX closed higher 39% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Mar 18, 2020 at -2.1%.

Homestead Intermediate Bond Fund has an annualized alpha of 1.51%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 07, 2019.

• This fund participated in 23.92% of S&P 500 Index downside but only 13.37% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.02 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HOIBX has an expense ratio of 0.81%, placing it in the medium range.

HOIBX ranks 17 for risk / return — in the bottom 17% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Homestead Intermediate Bond Fund provided a 3.68% dividend yield over the last twelve months, with an annual payout of $0.17 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Homestead Intermediate Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Homestead Intermediate Bond 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 Homestead Intermediate Bond Fund was 18.15%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current Homestead Intermediate Bond Fund drawdown is 2.08%.

The chart below shows the rolling one-month volatility.