Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
4.8%
1 yr return
5.3%
3 Yr Avg Return
3.5%
5 Yr Avg Return
2.2%
Net Assets
$835 M
Holdings in Top 10
53.3%
Expense Ratio 0.34%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Type
Money Market Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund is a government money market fund and seeks to maintain a stable price of $1.00 per share. The Fund seeks to achieve its investment objective by investing at least 99.5% of its total assets in cash, securities issued or guaranteed by the United States or certain U.S. government agencies or instrumentalities (“U.S. Government Securities”) and/or repurchase agreements that are collateralized fully by these types of obligations. In addition, the Fund must invest, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. Government Securities and repurchase agreements collateralized fully by these types of obligations. The Fund will invest in securities with maturities of (or deemed maturities of) 397 days or less and will maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average portfolio life of 120 days or less.
The Fund invests in issues of the U.S. Treasury, such as bills, notes and bonds, and issues of U.S. government agencies and instrumentalities established under the authority of an Act of Congress. This includes securities of various U.S. government agencies which, while chartered or sponsored by Acts of Congress, are neither issued nor guaranteed by the U.S. Treasury. The Fund may invest in, among other things, obligations that are supported by the “full faith and credit” of the United States (e.g., obligations guaranteed by the Government National Mortgage Association); supported by the right of the issuer to borrow from the U.S. Treasury (e.g., obligations of the Federal National Mortgage Association); or supported only by the credit of the agency or instrumentality (e.g., obligations of the Federal Farm Credit Bank). The Fund may also invest in repurchase agreements that are collateralized by U.S. Government Securities, as well as securities of other money market funds that primarily invest in U.S. Government Securities and repurchase agreements collateralized by U.S. Government Securities.
In purchasing and selling securities for the Fund, portfolio managers consider the credit analysis performed by HSBC Global Asset Management (USA) Inc., the Fund’s investment adviser (the “Adviser”). Portfolio managers select investments from an approved credit list compiled by the Adviser’s global credit analysts, who have conducted an independent qualitative and quantitative review of each issuer on the list. Safety is prioritized, with additional emphasis placed on liquidity and yield.
Period | HGFXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.5% | 9.5% | 46.45% |
1 Yr | 5.3% | 0.5% | 10.0% | 46.19% |
3 Yr | 3.5%* | 0.7% | 5.1% | 42.19% |
5 Yr | 2.2%* | 0.5% | 73.2% | 40.76% |
10 Yr | N/A* | 0.4% | 32.4% | N/A |
* Annualized
Period | HGFXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 8.38% |
2022 | 0.0% | 0.0% | 1.2% | 8.57% |
2021 | 0.0% | 0.0% | 0.0% | 8.24% |
2020 | 0.0% | 0.0% | 0.4% | 9.04% |
2019 | 0.0% | 0.0% | 2.0% | 9.43% |
Period | HGFXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.5% | 9.5% | 46.45% |
1 Yr | 5.3% | 0.5% | 10.0% | 46.19% |
3 Yr | 3.5%* | 0.7% | 5.1% | 42.19% |
5 Yr | 2.2%* | 0.5% | 73.2% | 40.76% |
10 Yr | N/A* | 0.4% | 32.4% | N/A |
* Annualized
Period | HGFXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | 0.8% | 5.9% | 48.73% |
2022 | 1.3% | 0.0% | 1.7% | 42.60% |
2021 | 0.0% | 0.0% | 1.9% | 22.25% |
2020 | 0.4% | 0.0% | 3.0% | 32.83% |
2019 | 2.1% | 0.0% | 3797.9% | 22.01% |
HGFXX | Category Low | Category High | HGFXX % Rank | |
---|---|---|---|---|
Net Assets | 835 M | 818 K | 211 B | 34.90% |
Number of Holdings | 119 | 1 | 346 | 20.35% |
Net Assets in Top 10 | 17.8 B | 147 K | 163 B | 36.72% |
Weighting of Top 10 | 53.29% | 22.7% | 100.0% | 72.19% |
Weighting | Return Low | Return High | HGFXX % Rank | |
---|---|---|---|---|
Cash | 76.21% | 25.56% | 100.00% | 46.78% |
Bonds | 23.49% | 0.00% | 74.44% | 50.74% |
Convertible Bonds | 0.30% | 0.00% | 21.22% | 7.67% |
Stocks | 0.00% | 0.00% | 0.00% | 7.67% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 7.67% |
Other | 0.00% | -1.67% | 0.04% | 7.92% |
Weighting | Return Low | Return High | HGFXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 76.21% | 0.00% | 100.00% | 44.55% |
Government | 23.49% | 0.00% | 44.01% | 49.75% |
Corporate | 0.30% | 0.00% | 100.00% | 15.59% |
Derivative | 0.00% | 0.00% | 0.00% | 7.67% |
Securitized | 0.00% | 0.00% | 1.75% | 10.15% |
Municipal | 0.00% | 0.00% | 22.71% | 12.38% |
Weighting | Return Low | Return High | HGFXX % Rank | |
---|---|---|---|---|
US | 23.49% | 0.00% | 72.86% | 50.74% |
Non US | 0.00% | 0.00% | 3.41% | 9.16% |
HGFXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.34% | 0.07% | 2.23% | 55.20% |
Management Fee | 0.10% | 0.03% | 0.50% | 15.35% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.51% |
Administrative Fee | 0.04% | 0.01% | 0.55% | 4.63% |
HGFXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
HGFXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HGFXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
HGFXX | Category Low | Category High | HGFXX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.56% | 0.00% | 5.42% | 22.77% |
HGFXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
HGFXX | Category Low | Category High | HGFXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.09% | 1.67% | 33.42% |
HGFXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.004 | OrdinaryDividend |
Aug 30, 2024 | $0.005 | OrdinaryDividend |
Jul 31, 2024 | $0.004 | OrdinaryDividend |
Apr 30, 2024 | $0.004 | OrdinaryDividend |
Mar 28, 2024 | $0.004 | OrdinaryDividend |
Feb 29, 2024 | $0.004 | OrdinaryDividend |
Jan 31, 2024 | $0.004 | OrdinaryDividend |
Dec 29, 2023 | $0.005 | OrdinaryDividend |
Nov 30, 2023 | $0.004 | OrdinaryDividend |
Oct 31, 2023 | $0.004 | OrdinaryDividend |
Sep 29, 2023 | $0.004 | OrdinaryDividend |
Aug 31, 2023 | $0.004 | OrdinaryDividend |
Jul 31, 2023 | $0.004 | OrdinaryDividend |
Jun 30, 2023 | $0.004 | OrdinaryDividend |
May 31, 2023 | $0.004 | OrdinaryDividend |
Apr 28, 2023 | $0.004 | OrdinaryDividend |
Mar 31, 2023 | $0.004 | OrdinaryDividend |
Feb 28, 2023 | $0.003 | OrdinaryDividend |
Jan 31, 2023 | $0.004 | OrdinaryDividend |
Dec 30, 2022 | $0.000 | OrdinaryDividend |
Nov 29, 2022 | $0.003 | OrdinaryDividend |
Oct 31, 2022 | $0.002 | OrdinaryDividend |
Sep 30, 2022 | $0.002 | OrdinaryDividend |
Aug 31, 2022 | $0.002 | OrdinaryDividend |
Jul 29, 2022 | $0.001 | OrdinaryDividend |
Jun 30, 2022 | $0.001 | OrdinaryDividend |
May 31, 2022 | $0.001 | OrdinaryDividend |
Apr 29, 2022 | $0.000 | OrdinaryDividend |
Mar 31, 2022 | $0.000 | OrdinaryDividend |
Feb 25, 2022 | $0.000 | OrdinaryDividend |
Jan 28, 2022 | $0.000 | OrdinaryDividend |
Dec 31, 2021 | $0.000 | OrdinaryDividend |
Nov 30, 2021 | $0.000 | OrdinaryDividend |
Oct 29, 2021 | $0.000 | OrdinaryDividend |
Sep 30, 2021 | $0.000 | OrdinaryDividend |
Aug 31, 2021 | $0.000 | OrdinaryDividend |
Jul 30, 2021 | $0.000 | OrdinaryDividend |
Jun 30, 2021 | $0.000 | OrdinaryDividend |
May 28, 2021 | $0.000 | OrdinaryDividend |
Apr 30, 2021 | $0.000 | OrdinaryDividend |
Mar 31, 2021 | $0.000 | OrdinaryDividend |
Feb 26, 2021 | $0.000 | OrdinaryDividend |
Jan 29, 2021 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.000 | OrdinaryDividend |
Nov 30, 2020 | $0.000 | OrdinaryDividend |
Oct 30, 2020 | $0.000 | OrdinaryDividend |
Sep 30, 2020 | $0.000 | OrdinaryDividend |
Aug 31, 2020 | $0.000 | OrdinaryDividend |
Jul 31, 2020 | $0.000 | OrdinaryDividend |
Jun 30, 2020 | $0.000 | OrdinaryDividend |
May 29, 2020 | $0.000 | OrdinaryDividend |
May 01, 2020 | $0.000 | OrdinaryDividend |
Mar 31, 2020 | $0.001 | OrdinaryDividend |
Feb 28, 2020 | $0.001 | OrdinaryDividend |
Jan 31, 2020 | $0.001 | OrdinaryDividend |
Jan 02, 2020 | $0.001 | OrdinaryDividend |
Dec 02, 2019 | $0.001 | OrdinaryDividend |
Nov 01, 2019 | $0.001 | OrdinaryDividend |
Oct 01, 2019 | $0.002 | OrdinaryDividend |
Sep 03, 2019 | $0.002 | OrdinaryDividend |
Aug 01, 2019 | $0.002 | OrdinaryDividend |
Jul 01, 2019 | $0.002 | OrdinaryDividend |
Dec 28, 2017 | $0.000 | CapitalGainShortTerm |
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