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Trending ETFs

Name

As of 03/27/2024

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

Short-Term Bond Fund

HOSBX | Fund

$4.89

$440 M

3.61%

$0.18

0.76%

Vitals

YTD Return

0.5%

1 yr return

3.8%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

1.3%

Net Assets

$440 M

Holdings in Top 10

45.2%

52 WEEK LOW AND HIGH

$4.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.76%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 355.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500

IRA

$200


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

Short-Term Bond Fund

HOSBX | Fund

$4.89

$440 M

3.61%

$0.18

0.76%

HOSBX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.40%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Short-Term Bond Fund
  • Fund Family Name
    Homestead Funds
  • Inception Date
    Jun 17, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mauricio Agudelo

Fund Description

The Fund normally invests at least 80% of its net assets (plus borrowing for investment purposes) in fixed-income securities that are in the three highest credit categories as ranked by a nationally recognized statistical rating organization (“NRSRO”) (for example, securities rated AAA, AA or A by Standard & Poor’s Corporation). These investments may include:commercial papercorporate bondsU.S. Treasury securitiessecurities issued or guaranteed by U.S. Government entities, agencies or instrumentalitiesmunicipal bondsU.S. dollar-denominated debt securities of foreign issuers (Yankee Bonds)asset-backed and mortgage-backed securitiesThe dollar-weighted average portfolio maturity of the Fund, under normal circumstances, is expected to be three years or less.In selecting the portfolio holdings for the Fund, Homestead Advisers considers, among other factors, its outlook for the economy, monetary policy, interest rates and credit spreads, as well as company-specific factors such as improving credit quality, and relative value.
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HOSBX - Performance

Return Ranking - Trailing

Period HOSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.8% 9.2% 72.69%
1 Yr 3.8% -0.2% 24.4% 75.00%
3 Yr -0.4%* -5.9% 4.1% 75.46%
5 Yr 1.3%* -3.8% 4.4% 63.89%
10 Yr 1.4%* -19.2% 169.7% 53.47%

* Annualized

Return Ranking - Calendar

Period HOSBX Return Category Return Low Category Return High Rank in Category (%)
2023 2.1% -5.4% 7.6% 44.10%
2022 -7.3% -17.7% -2.6% 56.75%
2021 -2.4% -4.0% 4.4% 90.27%
2020 1.7% -8.3% 7.6% 48.83%
2019 1.2% -2.3% 9.3% 87.50%

Total Return Ranking - Trailing

Period HOSBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.8% 9.2% 72.69%
1 Yr 3.8% -0.2% 24.4% 75.00%
3 Yr -0.4%* -5.9% 4.1% 75.46%
5 Yr 1.3%* -3.8% 4.4% 63.89%
10 Yr 1.4%* -19.2% 169.7% 53.47%

* Annualized

Total Return Ranking - Calendar

Period HOSBX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -1.1% 15.2% 49.55%
2022 -5.9% -17.3% -1.3% 74.31%
2021 -1.0% -2.7% 7.7% 85.88%
2020 5.5% -4.4% 14.5% 18.95%
2019 3.9% 0.6% 12.6% 78.43%

NAV & Total Return History


HOSBX - Holdings

Concentration Analysis

HOSBX Category Low Category High HOSBX % Rank
Net Assets 440 M 14.1 K 58.8 B 67.15%
Number of Holdings 232 2 9721 71.99%
Net Assets in Top 10 202 M 1.16 M 6.6 B 52.06%
Weighting of Top 10 45.19% 1.8% 108.7% 13.82%

Top 10 Holdings

  1. United States Treasury Note/Bond 18.55%
  2. United States Treasury Note/Bond 12.78%
  3. United States Treasury Note/Bond 6.44%
  4. TransCanada PipeLines Ltd 1.39%
  5. Government National Mortgage Association 1.21%
  6. State Street Institutional US Government Money Market Fund 1.19%
  7. SBA Tower Trust 1.03%
  8. Metropolitan Edison Co 0.93%
  9. Security Benefit Global Funding 0.88%
  10. Government National Mortgage Association 0.79%

Asset Allocation

Weighting Return Low Return High HOSBX % Rank
Bonds
88.83% 0.00% 130.68% 48.47%
Other
9.68% -0.97% 72.36% 41.65%
Convertible Bonds
1.87% 0.00% 27.71% 58.81%
Cash
1.50% -20.59% 62.18% 62.12%
Stocks
0.00% 0.00% 103.64% 42.55%
Preferred Stocks
0.00% 0.00% 21.82% 32.32%

Bond Sector Breakdown

Weighting Return Low Return High HOSBX % Rank
Corporate
39.78% 0.00% 100.00% 49.64%
Government
37.77% 0.00% 73.63% 22.12%
Securitized
14.84% 0.00% 97.27% 80.40%
Municipal
1.23% 0.00% 17.46% 13.31%
Cash & Equivalents
1.19% 0.00% 62.18% 58.89%
Derivative
0.00% -0.55% 24.84% 53.86%

Bond Geographic Breakdown

Weighting Return Low Return High HOSBX % Rank
US
88.83% 0.00% 130.68% 42.37%
Non US
0.00% 0.00% 83.16% 37.34%

HOSBX - Expenses

Operational Fees

HOSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.01% 3.24% 41.67%
Management Fee 0.60% 0.00% 1.19% 94.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

HOSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

HOSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

HOSBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 355.00% 2.00% 500.00% 93.43%

HOSBX - Distributions

Dividend Yield Analysis

HOSBX Category Low Category High HOSBX % Rank
Dividend Yield 3.61% 0.00% 10.34% 66.97%

Dividend Distribution Analysis

HOSBX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

HOSBX Category Low Category High HOSBX % Rank
Net Income Ratio 0.40% -1.27% 4.98% 87.52%

Capital Gain Distribution Analysis

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

Distributions History

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HOSBX - Fund Manager Analysis

Managers

Mauricio Agudelo


Start Date

Tenure

Tenure Rank

May 01, 2016

6.08

6.1%

Mauricio co-manages RE Advisers' fixed-income strategies. He joined RE Advisers in 2016. Prior to this role, he co-managed taxable fixed-income mutual fund portfolios for Calvert Investment Management, Inc. and held previous positions at Calvert in trading and securities analysis. Prior to joining Calvert, Mr. Agudelo completed internships at the United States Department of Agriculture in 2002 and 2003. He received a B.S. in finance from the University of Maryland,Robert H. Smith School of Business. He Minored in business culture and language, with a concentration in Spanish. He holds the Chartered Financial Analyst designation. Mr. Agudelo is a Senior Fixed-Income Portfolio Manager for RE Advisers and has managed or co-managed the Fund since May 2016. Mr. Naranjo is a Fixed-Income Portfolio Manager for RE Advisers and has co-managed the Fund since November 2018.

Ivan Naranjo


Start Date

Tenure

Tenure Rank

Nov 26, 2018

3.51

3.5%

Mr. Naranjo is a Fixed Income Portfolio Manager for RE Advisers. He was a senior fixed income trader at American Century Investments from 2016 to 2018, a senior investment risk analyst at Legg Mason & Co., LLC from 2015 to 2016, and an associate portfolio manager at Calvert Investment Management, LLC from 2010 to 2015, where he held different responsibilities including portfolio construction, securities analysis, trading, and risk monitoring for a number of taxable fixed income mutual fund portfolios. He received a B.S. in finance from the University of Maryland, Robert H. Smith School of Business. He joined RE Advisers in 2018.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.13 2.41