HULCX

About HULCX

Hawaiian Tax-Free Trust Class C is a municipal bond mutual fund designed to provide federally and Hawaii state tax-exempt income, primarily serving the needs of Hawaii residents. The fund focuses on investing in investment-grade municipal securities issued within Hawaii, such as those financing essential public projects like schools, hospitals, highways, airports, and water facilities. Its principal aim is to generate as high a level of current income as possible that remains exempt from regular federal and state income taxes, consistent with the preservation of capital. This fund maintains a portfolio with a weighted average maturity typically ranging from 5 to 15 years, offering exposure to the intermediate-term municipal bond market. As of late 2024, over 88% of its assets were allocated to bonds rated AA or higher, reflecting a strong credit quality among single-state municipal funds. With more than 130 holdings and total assets of several hundred million dollars, it plays a significant role in channeling investor capital toward Hawaii’s public infrastructure and services. The Class C share structure offers a level-payment option without an upfront sales charge but includes a contingent deferred sales charge for redemptions within the first 12 months.