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
| ISIN | US4200161077 |
|---|---|
| CUSIP | 420016107 |
| Issuer | Aquila |
| Inception Date | Feb 19, 1985 |
| Category | Municipal Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
HULAX has a high expense ratio of 0.86%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hawaiian Tax Free Trust, 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
Hawaiian Tax Free Trust had a return of -0.75% year-to-date (YTD) and 0.50% in the last 12 months. Over the past 10 years, Hawaiian Tax Free Trust had an annualized return of 0.97%, while the S&P 500 had an annualized return of 10.64%, indicating that Hawaiian Tax Free Trust did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.75% | 7.50% |
| 1 month | 0.17% | -1.61% |
| 6 months | 4.43% | 17.65% |
| 1 year | 0.50% | 26.26% |
| 5 years (annualized) | 0.07% | 11.73% |
| 10 years (annualized) | 0.97% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.04% | -0.02% | -0.38% | -0.70% | ||||||||
| 2023 | -0.94% | 5.00% | 1.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HULAX is 8, indicating that it is in the bottom 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Hawaiian Tax Free Trust(HULAX)
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.
Dividends
Dividend History
Hawaiian Tax Free Trust granted a 2.01% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.20 | $0.17 | $0.19 | $0.22 | $0.11 | $0.23 | $0.21 | $0.23 | $0.28 | $0.30 | $0.30 |
Dividend yield | 2.01% | 1.87% | 1.60% | 1.63% | 1.91% | 0.98% | 2.03% | 1.82% | 2.07% | 2.47% | 2.61% | 2.69% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | ||||||||
| 2023 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 |
| 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 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 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 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 |
| 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 |
| 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 |
| 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 |
| 2013 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
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 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 10.69%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current Hawaiian Tax Free Trust drawdown is 5.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.69% | 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 current Hawaiian Tax Free Trust volatility is 0.64%, 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.