Hawaiian Tax Free Trust (HULAX)
Under normal circumstances, at least 80% of the fund's assets will be invested in municipal obligations that pay interest exempt, in the opinion of bond counsel, from Hawaii State and regular Federal income taxes. The fund is non-diversified.
Fund Info
US4200161077
420016107
Feb 19, 1985
$1,000
Expense Ratio
HULAX has an expense ratio of 0.86%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Hawaiian Tax Free Trust (HULAX) returned -0.94% year-to-date (YTD) and 1.69% over the past 12 months. Over the past 10 years, HULAX returned 0.94% annually, underperforming the S&P 500 benchmark at 10.84%.
HULAX
-0.94%
0.20%
-1.55%
1.69%
0.83%
-0.45%
0.94%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of HULAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.20% | 0.74% | -1.31% | -0.28% | -0.29% | -0.94% | |||||||
| 2024 | -0.04% | -0.02% | -0.38% | -0.70% | -0.11% | 0.97% | 1.12% | 0.85% | 0.64% | -1.32% | 1.18% | -0.94% | 1.20% |
| 2023 | 2.06% | -2.01% | 1.78% | -0.23% | -0.79% | 0.63% | 0.16% | -1.82% | -2.33% | -0.94% | 4.99% | 1.73% | 3.03% |
| 2022 | -2.17% | -0.43% | -2.31% | -1.82% | 0.89% | -0.99% | 1.84% | -1.92% | -2.81% | -0.44% | 3.40% | 0.08% | -6.67% |
| 2021 | 0.40% | -1.26% | 0.23% | 0.48% | 0.13% | 0.04% | 0.56% | -0.22% | -0.66% | -0.14% | 0.39% | 0.04% | -0.03% |
| 2020 | 1.20% | 0.66% | -1.92% | -0.48% | 2.63% | 0.05% | 0.93% | -0.29% | -0.03% | -0.20% | 0.66% | 0.34% | 3.53% |
| 2019 | 0.80% | 0.42% | 0.70% | 0.07% | 0.97% | 0.33% | 0.69% | 0.77% | -0.63% | 0.16% | 0.06% | 0.18% | 4.60% |
| 2018 | -0.54% | -0.37% | 0.08% | -0.37% | 0.71% | 0.08% | 0.26% | -0.01% | -0.56% | -0.46% | 0.90% | 0.90% | 0.61% |
| 2017 | 0.68% | 0.60% | 0.01% | 0.60% | 0.96% | -0.44% | 0.60% | 0.61% | -0.63% | -0.02% | -0.89% | 0.45% | 2.55% |
| 2016 | 1.37% | 0.17% | -0.08% | 0.50% | -0.09% | 1.02% | 0.18% | 0.07% | -0.43% | -0.62% | -3.04% | 0.64% | -0.37% |
| 2015 | 1.49% | -1.09% | 0.21% | -0.41% | -0.30% | -0.07% | 0.72% | 0.27% | 0.61% | 0.27% | 0.09% | 0.44% | 2.25% |
| 2014 | 1.21% | 0.65% | -0.03% | 0.75% | 1.10% | -0.13% | 0.22% | 0.83% | -0.04% | 0.49% | 0.02% | 0.23% | 5.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HULAX is 29, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hawaiian Tax Free Trust (HULAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Hawaiian Tax Free Trust provided a 2.20% dividend yield over the last twelve months, with an annual payout of $0.23 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.22 | $0.20 | $0.17 | $0.19 | $0.22 | $0.22 | $0.23 | $0.23 | $0.23 | $0.28 | $0.30 |
Dividend yield | 2.20% | 2.07% | 1.89% | 1.62% | 1.63% | 1.90% | 1.92% | 2.03% | 2.00% | 2.07% | 2.48% | 2.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Hawaiian Tax Free Trust. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.22 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.19 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.30 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Hawaiian Tax Free Trust. 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 Hawaiian Tax Free Trust was 10.66%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current Hawaiian Tax Free Trust drawdown is 4.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.66% | Aug 6, 2021 | 563 | Oct 30, 2023 | — | — | — |
| -10.19% | Mar 9, 1987 | 161 | Oct 19, 1987 | 65 | Jan 18, 1988 | 226 |
| -8.89% | Feb 1, 1994 | 210 | Nov 21, 1994 | 72 | Mar 1, 1995 | 282 |
| -8.74% | Mar 10, 2020 | 9 | Mar 20, 2020 | 81 | Jul 16, 2020 | 90 |
| -7.55% | Sep 15, 2008 | 23 | Oct 15, 2008 | 57 | Jan 7, 2009 | 80 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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