HighMark Short Term Bond A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-0.1%
3 Yr Avg Return
1.4%
5 Yr Avg Return
2.5%
Net Assets
$164 M
Holdings in Top 10
14.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load 2.25%
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HMSAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 0.6%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.71%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHighMark Short Term Bond Fund
-
Fund Family NameHighMark
-
Inception DateNov 02, 2004
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerE. Jack Montgomery
Fund Description
HMSAX - Performance
Return Ranking - Trailing
Period | HMSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | -0.1% | -64.8% | 268.1% | N/A |
3 Yr | 1.4%* | -100.0% | 115.6% | N/A |
5 Yr | 2.5%* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | HMSAX 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 | HMSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | -2.4% | -64.8% | 268.1% | N/A |
3 Yr | 0.6%* | -100.0% | 115.6% | N/A |
5 Yr | 2.1%* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HMSAX 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 |
HMSAX - Holdings
Concentration Analysis
HMSAX | Category Low | Category High | HMSAX % Rank | |
---|---|---|---|---|
Net Assets | 164 M | 10 | 804 B | N/A |
Number of Holdings | 191 | 1 | 17333 | N/A |
Net Assets in Top 10 | 25.5 M | -7.11 B | 145 B | N/A |
Weighting of Top 10 | 14.78% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Cards Ii Tr 2012-4 FRN 2.03%
- Ally Auto Recv Tr 2013-1 0.63% 1.57%
- Csfb Coml Mtg Ptc 2004-C2 CMO 1.53%
- Abbvie 144A 1.2% 1.51%
- Amer Express Credit 2012-4 FRN 1.44%
- Bk New York Mtn Bk Ent 1.35% 1.41%
- Bb&T Corporation 2.15% 1.38%
- General Elec Cap Corp Mtn Be 2.3% 1.32%
- Walgreen 1.8% 1.30%
- US Treasury Note 1% 1.28%
Asset Allocation
Weighting | Return Low | Return High | HMSAX % Rank | |
---|---|---|---|---|
Bonds | 85.70% | -955.59% | 2458.15% | N/A |
Cash | 13.93% | -2458.20% | 7388.76% | N/A |
Other | 0.36% | -7288.76% | 493.15% | N/A |
Stocks | 0.00% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -21.20% | 80.89% | N/A |
Convertible Bonds | 0.00% | -0.37% | 144.58% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | HMSAX % Rank | |
---|---|---|---|---|
Corporate | 43.48% | -46.36% | 3345.86% | N/A |
Securitized | 40.94% | -24.16% | 264.51% | N/A |
Cash & Equivalents | 13.93% | -2458.20% | 7388.76% | N/A |
Government | 1.28% | -3298.93% | 2458.15% | N/A |
Derivative | 0.00% | -511.61% | 54.22% | N/A |
Municipal | 0.00% | 0.00% | 165.37% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HMSAX % Rank | |
---|---|---|---|---|
US | 76.22% | -955.59% | 2458.15% | N/A |
Non US | 9.48% | -153.97% | 464.75% | N/A |
HMSAX - Expenses
Operational Fees
HMSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.22% | -2.86% | 950.64% | N/A |
Management Fee | 0.40% | 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
HMSAX 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
HMSAX 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.
HMSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 0.00% | 5067.00% | N/A |
HMSAX - Distributions
Dividend Yield Analysis
HMSAX | Category Low | Category High | HMSAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 84.51% | N/A |
Dividend Distribution Analysis
HMSAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
HMSAX | Category Low | Category High | HMSAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.71% | -46.00% | 10.88% | N/A |
Capital Gain Distribution Analysis
HMSAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 20, 2013 | $0.010 | |
Jul 19, 2013 | $0.009 | |
Jun 19, 2013 | $0.009 | |
May 20, 2013 | $0.010 | |
Apr 18, 2013 | $0.010 | |
Mar 19, 2013 | $0.010 | |
Feb 19, 2013 | $0.010 | |
Jan 17, 2013 | $0.010 | |
Dec 18, 2012 | $0.012 | |
Nov 19, 2012 | $0.012 | |
Oct 18, 2012 | $0.012 | |
Sep 18, 2012 | $0.013 | |
Aug 20, 2012 | $0.015 | |
Jul 19, 2012 | $0.014 | |
Jun 19, 2012 | $0.016 | |
May 21, 2012 | $0.015 | |
Apr 19, 2012 | $0.016 | |
Mar 20, 2012 | $0.016 | |
Feb 17, 2012 | $0.017 | |
Jan 19, 2012 | $0.019 | |
Dec 20, 2011 | $0.018 | |
Nov 21, 2011 | $0.017 | |
Oct 20, 2011 | $0.018 | |
Sep 20, 2011 | $0.016 | |
Aug 22, 2011 | $0.016 | |
Jul 21, 2011 | $0.015 | |
Jun 21, 2011 | $0.017 | |
May 23, 2011 | $0.016 | |
Apr 21, 2011 | $0.016 | |
Mar 22, 2011 | $0.019 | |
Feb 22, 2011 | $0.018 | |
Jan 20, 2011 | $0.020 | |
Dec 21, 2010 | $0.019 | |
Nov 22, 2010 | $0.019 | |
Oct 21, 2010 | $0.020 | |
Sep 21, 2010 | $0.019 | |
Aug 23, 2010 | $0.020 | |
Jul 22, 2010 | $0.020 | |
Jun 22, 2010 | $0.020 | |
May 24, 2010 | $0.020 | |
Apr 22, 2010 | $0.020 | |
Mar 23, 2010 | $0.020 | |
Feb 22, 2010 | $0.020 | |
Jan 21, 2010 | $0.021 | |
Dec 22, 2009 | $0.022 | |
Nov 24, 2009 | $0.022 | |
Oct 26, 2009 | $0.026 | |
Sep 29, 2009 | $0.026 | |
Aug 26, 2009 | $0.026 | |
Jul 24, 2009 | $0.026 | |
Jun 24, 2009 | $0.027 | |
May 26, 2009 | $0.028 | |
Apr 24, 2009 | $0.025 | |
Mar 25, 2009 | $0.030 | |
Feb 23, 2009 | $0.029 | |
Jan 26, 2009 | $0.029 | |
Dec 22, 2008 | $0.036 | |
Nov 25, 2008 | $0.034 | |
Oct 27, 2008 | $0.035 | |
Sep 25, 2008 | $0.034 | |
Aug 26, 2008 | $0.035 | |
Jul 25, 2008 | $0.032 | |
Jun 25, 2008 | $0.033 | |
May 27, 2008 | $0.035 | |
Apr 25, 2008 | $0.034 | |
Mar 26, 2008 | $0.030 | |
Feb 25, 2008 | $0.034 | |
Jan 28, 2008 | $0.032 | |
Dec 21, 2007 | $0.048 | |
Nov 27, 2007 | $0.030 | |
Oct 26, 2007 | $0.035 | |
Sep 25, 2007 | $0.030 | |
Aug 28, 2007 | $0.033 | |
Jul 26, 2007 | $0.034 | |
Jun 26, 2007 | $0.033 | |
May 29, 2007 | $0.034 | |
Apr 25, 2007 | $0.031 | |
Mar 27, 2007 | $0.031 | |
Feb 23, 2007 | $0.027 | |
Jan 26, 2007 | $0.024 | |
Dec 21, 2006 | $0.039 | |
Nov 27, 2006 | $0.029 | |
Oct 26, 2006 | $0.033 | |
Sep 26, 2006 | $0.028 | |
Aug 28, 2006 | $0.034 | |
Jul 25, 2006 | $0.029 | |
Jun 27, 2006 | $0.029 | |
May 26, 2006 | $0.031 | |
Apr 25, 2006 | $0.028 | |
Mar 28, 2006 | $0.025 | |
Feb 23, 2006 | $0.021 | |
Jan 26, 2006 | $0.020 | |
Dec 23, 2005 | $0.037 | |
Nov 25, 2005 | $0.025 | |
Oct 26, 2005 | $0.026 | |
Sep 27, 2005 | $0.022 | |
Aug 26, 2005 | $0.024 | |
Jul 26, 2005 | $0.025 | |
Jun 24, 2005 | $0.025 | |
May 26, 2005 | $0.026 | |
Apr 26, 2005 | $0.023 | |
Mar 23, 2005 | $0.016 | |
Feb 23, 2005 | $0.017 | |
Jan 26, 2005 | $0.002 | |
Dec 28, 2004 | $0.036 | |
Nov 24, 2004 | $0.007 |
HMSAX - Fund Manager Analysis
Managers
E. Jack Montgomery
Start Date
Tenure
Tenure Rank
Nov 02, 2004
8.83
8.8%
Montgomery has been working with HighMark and its predecessors since 1994. He is team leader for the taxable fixed income strategies and has more than twenty years of investment management experience. Formerly, he was the portfolio manager of the San Francisco Employees' Retirement Systems fixed income portfolio. He spent eleven years at First Interstate Bank of Oregon. Montgomery is a member of the San Francisco Society of Financial Analysts and holds the Chartered Financial Analyst designation.
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.
Gregory B. Lugosi
Start Date
Tenure
Tenure Rank
Nov 02, 2004
8.83
8.8%
Mr. Lugosi is a Vice President and Fixed Income Funds Manager for HighMark Capital Management, Inc.; associated with HighMark Capital Management and its predecessors since 1991.
Jeffrey L. Klein
Start Date
Tenure
Tenure Rank
Dec 01, 2010
2.75
2.8%
Jeff joined HSBC Halbis Partners in March 2005 to co-lead the US Fixed Income Team. Jeff is also head of Credit management. Prior to joining HSBC, he was a portfolio manager and shareholder at Dodge & Cox where he served as credit strategist and head of corporate bond trading. He worked at Dodge & Cox from 1992-2004. Jeff earned his BA from Columbia University in 1991. He is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 33.52 | 5.37 | 3.25 |