Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

HighMark California Intermediate Tax-Free Bond Fund

HMCIX |

-

$221 M

-

1.27%

Vitals

YTD Return

N/A

1 yr return

-2.2%

3 Yr Avg Return

1.4%

5 Yr Avg Return

3.2%

Net Assets

$221 M

Holdings in Top 10

15.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.27%

SALES FEES

Front Load 2.25%

Deferred Load N/A

TRADING FEES

Turnover 34.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

HighMark California Intermediate Tax-Free Bond Fund

HMCIX |

-

$221 M

-

1.27%

HMCIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    HighMark California Intermediate Tax-Free Bond Fund
  • Fund Family Name
    HighMark
  • Inception Date
    Oct 15, 1993
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Raymond Mow

Fund Description

HMCIX - Performance

Return Ranking - Trailing

Period HMCIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -2.2% -64.8% 268.1% N/A
3 Yr 1.4%* -100.0% 115.6% N/A
5 Yr 3.2%* -100.0% 58.6% N/A
10 Yr 3.1%* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period HMCIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 73.0% N/A
2022 N/A -76.0% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 336.8% N/A
2019 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HMCIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -4.4% -64.8% 268.1% N/A
3 Yr 0.7%* -100.0% 115.6% N/A
5 Yr 2.7%* -100.0% 58.6% N/A
10 Yr 2.9%* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period HMCIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 76.6% N/A
2022 N/A -30.7% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 341.1% N/A
2019 N/A -60.1% 304.1% N/A

HMCIX - Holdings

Concentration Analysis

HMCIX Category Low Category High HMCIX % Rank
Net Assets 221 M 10 804 B N/A
Number of Holdings 179 1 17333 N/A
Net Assets in Top 10 34.2 M -7.11 B 145 B N/A
Weighting of Top 10 15.02% 0.0% 20474.3% N/A

Top 10 Holdings

  1. California St Econ Recover Economi 5.25% 2.07%
  2. San Diego Calif Pub Facs Fing Sewer 5.5% 1.91%
  3. California St Dept Wtr Res Wtr Rev Bd 5% 1.56%
  4. San Francisco Calif City & Cnt Wtr Re 5% 1.49%
  5. Southern Calif Pub Pwr Auth 5% 1.49%
  6. North Orange Cnty Calif Cmnty Go Ref 5% 1.39%
  7. San Francisco Calif City & Cnt Go Bds 5% 1.35%
  8. Orange Cnty Calif Santn Dist 5% 1.29%
  9. Los Angeles Calif Go Ref Bd 5% 1.27%
  10. Los Angeles Calif Dept Wtr & P Pwr Sy 5% 1.21%

Asset Allocation

Weighting Return Low Return High HMCIX % Rank
Bonds 		99.28% -955.59% 2458.15% N/A
Cash 		0.72% -2458.20% 7388.76% N/A
Stocks 		0.00% -142.98% 259.25% N/A
Preferred Stocks 		0.00% -21.20% 80.89% N/A
Other 		0.00% -7288.76% 493.15% N/A
Convertible Bonds 		0.00% -0.37% 144.58% N/A

Bond Sector Breakdown

Weighting Return Low Return High HMCIX % Rank
Municipal 		99.28% 0.00% 165.37% N/A
Cash & Equivalents 		0.72% -2458.20% 7388.76% N/A
Derivative 		0.00% -511.61% 54.22% N/A
Securitized 		0.00% -24.16% 264.51% N/A
Corporate 		0.00% -46.36% 3345.86% N/A
Government 		0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HMCIX % Rank
US 		99.28% -955.59% 2458.15% N/A
Non US 		0.00% -153.97% 464.75% N/A

HMCIX - Expenses

Operational Fees

HMCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.27% -2.86% 950.64% N/A
Management Fee 0.50% 0.00% 2.87% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 52000.00% N/A

Sales Fees

HMCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

HMCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

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.

HMCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 0.00% 5067.00% N/A

HMCIX - Distributions

Dividend Yield Analysis

HMCIX Category Low Category High HMCIX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

HMCIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

HMCIX Category Low Category High HMCIX % Rank
Net Income Ratio 2.30% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

HMCIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HMCIX - Fund Manager Analysis

Managers

Raymond Mow

Start Date

Tenure

Tenure Rank

Dec 31, 1995

17.68

17.7%

Mow has been a manager of HighMark California Intermediate Tax-Free Bond Fund since 1995 and HighMark National Intermediate Tax-Free Bond Fund since 1995. He is vice president and Fixed Income Funds Manager of HighMark Capital Management, Inc.; associated with HighMark Capital Management and its predecessors since 1995.

David Wines

Start Date

Tenure

Tenure Rank

Jun 18, 2013

0.2

0.2%

David Wines joined HighMark Capital Management in 2004. He is responsible for overseeing the trading and portfolio management activities for all institutional liquidity management clients. David is also a member of HighMark's Investment Policy Committee and Asset Allocation Committee. He has more than 23 years of fixed income management experience. Prior to joining HighMark, David was director of investment strategies at AssetMark Investment Services. Other positions held include director of Reserve Asset Management Group at Deutsche Asset Management and director of Investment Management Group at Stone & Youngberg. David received a Bachelor of Science degree in Finance from the University of Oregon and a Master's degree in Business Administration with an emphasis in Management from Golden Gate University. In addition, he is a CFA charterholder.

Robert L. Bigelow

Start Date

Tenure

Tenure Rank

Jun 01, 1994

19.26

19.3%

Bigelow has served as director and portfolio manager with Highmark Capital Management and its predecessors since 1994. Previously, he spent eight years at City National Bank. Bigelow is a member of the National Federation of Municipal Analysts and the California Society of Municipal Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.