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Homestead Short-Term Bond (HOSBX) Fund Ranking and Research

Ranking, Research and Recommendation of Homestead Short-Term Bond (HOSBX) Fund

    Last Trade: $5.21 on 4/25/2017, Change: +0.00 (0%)

 

Graph of Homestead Short-Term Bond Fund (HOSBX) ManagerFund Manager - Douglas Kern

Fund Manager Information

Fund Manager Tenure: 25.5 years
Fund Family: Homestead
Fund Category: Short-Term Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.67)     (What does this score mean?)
Honorable Mentioning: Lipper Awards (2011),
Douglas Kern, CFA Mr. Kern is a Senior Fixed-Income Portfolio Manager for RE Advisers. He received his BA in Business Administration and his MBA in Finance from Pennsylvania State University. He has been with NRECA since 1985.  Get more insights on Douglas Kern

 

Graph of Homestead Short-Term Bond Fund (HOSBX) ProfileHomestead Short-Term Bond Fund (HOSBX) Profile

Fund Profile and Description

Homestead Short-Term Bond Fund seeks current income while maintaining a low degree of share price fluctuation. Homestead Short-Term Bond Fund normally invests at least 80% of assets in high-quality, short-term debt. These short-term vehicles include corporate debt, U.S. government obligations, mortgage securities and CMOs, asset-backed securities, and zero-coupon bonds. It expects to maintain an average weighted portfolio maturity of three years or less. The balance of assets may be invested in debt rated BBB, preferred stocks and convertibles, privately-placed securities, and high-quality money market instruments.

 

Homestead Short-Term Bond (HOSBX) Fund Strength What we like about Homestead Short-Term Bond (HOSBX) Fund

Data for Homestead Short-Term Bond Fund (HOSBX) as of May 30, 2016

  • Homestead Short-Term Bond Fund (HOSBX) management has been with Homestead Short-Term Bond Fund for 25.5 years
  • Homestead Short-Term Bond Fund (HOSBX) has good short-term performance (1-year return 1.06% vs 0.74% Short-Term Bond category median performance)
  • Homestead Short-Term Bond Fund (HOSBX) has good mid-term performance (3-year return 1.10% vs 0.93% Short-Term Bond category median performance)
  • Homestead Short-Term Bond Fund (HOSBX) has good Long-term performance (5-year return 1.96% vs 1.38% Short-Term Bond category median performance)
  • Homestead Short-Term Bond Fund (HOSBX) ratio of up-years vs down years is greater than 2
  • Homestead Short-Term Bond Fund (HOSBX) has a Morningstar rating of 4 and above
  • Homestead Short-Term Bond Fund (HOSBX) has an annual stock turnover rate of 20.00% vs Short-Term Bond average of 64.39%. It is good that Homestead Short-Term Bond management does not trade extensively for its return.
  • Homestead Short-Term Bond Fund (HOSBX) is less volatile than its peers as it has a 3-year Standard Deviation of 0.83, lower than category average of 1.36
  • Homestead Short-Term Bond Fund (HOSBX) has a lower expense ratio than its Short-Term Bond average: 0.74% vs 0.80%
  • Homestead Short-Term Bond Fund (HOSBX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Homestead Short-Term Bond Fund (HOSBX) Weakness What we are cautious about Homestead Short-Term Bond (HOSBX) Fund

Data for Homestead Short-Term Bond Fund (HOSBX) as of May 30, 2016

  • Homestead Short-Term Bond Fund (HOSBX) is less safe compared to its Short-Term Bond peers
See Homestead Short-Term Bond Fund (HOSBX) performance details as of May 30, 2016

 

What do you think?

 

Compare Homestead Short-Term Bond Fund (HOSBX)Compare with other top Short-Term Bond category mutual funds

Aadditional top Short-Term Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Homestead Short-Term Bond1.211.061.101.96
Hartford Short Duration I (HSDIX)2.031.361.562.08Compare
Principal Short-Term Income R5 (PSIQX)1.481.141.271.77Compare
Morgan Stanley Inst Limited Duration I (MPLDX)3.682.861.941.90Compare

See top fund managers for Short-Term Bond Category Funds

 

Compare Homestead Short-Term Bond Fund (HOSBX)Compare with Short-Term Bond category ETFs

Some Short-Term Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Short-Term Bond ETF (BSV)1.45%1.38%1.31%
iShares 1-3 Year Credit Bond (CSJ)1.33%1.29%1.11%
SPDR Barclays Short Term Corp Bd ETF (SCPB)000
Vanguard Short-Term Corporate Bond ETF (VCSH)000

 

Graph of Homestead Short-Term Bond Fund (HOSBX) Net Asset TrackingHomestead Short-Term Bond (HOSBX) Fund Net Asset

Track net asset change of Homestead Short-Term Bond fund (HOSBX)

DateNet Asset
05/2016$538.20M
03/2016$544.60M
02/2016$540.38M
More historic net asset information on Homestead Short-Term Bond Fund (HOSBX)

  

Graph of Homestead Short-Term Bond Fund (HOSBX) Portfolio TrackingHomestead Short-Term Bond (HOSBX) Fund Portfolio Allocation

Track portfolio allocation change of Homestead Short-Term Bond fund (HOSBX)

DateCashStockBondOther
03/201613.85%0%85.25%0.9%
12/201519.43%0%80.01%0.56%
09/201521.21%0%78.44%0.35%
Click here to see more historic asset allocation information on Homestead Short-Term Bond Fund (HOSBX)

 

graph of Homestead Short-Term Bond Fund (HOSBX) Top 10 Position TrackingTop 10 Holdings in Homestead Short-Term Bond (HOSBX) Fund

Discover what Homestead Short-Term Bond Fund (HOSBX) manager is buying

Mar 30, 2016
College Ln Corp 2007-2 FRN [3.44%]
Cofco Capital Corp. [2.08%]
New Jersey Econ Dev Auth [1.86%]
US Treasury Note 1% [1.85%]
Petrologistics Lp/ Fin 6.25% [1.83%]
Gulf Pwr 5.9% [1.79%]
Philadelphia Pa Auth [1.7%]
Apple 1% [1.5%]
Southern Calif Edison 1.845% [1.14%]
Slc Private St Ln Tr 2006-A FRN [1%]

Dec 30, 2015
College Ln Corp 2007-2 FRN [3.47%]
Petrologistics Lp/ Fin 6.25% [1.87%]
US Treasury Note 1% [1.85%]
New Jersey Econ Dev Auth [1.82%]
Gulf Pwr 5.9% [1.81%]
Philadelphia Pa Auth [1.67%]
Apple 1% [1.49%]
Southern Calif Edison 1.845% [1.24%]
Educ Ln Sl 2013-1 FRN [1.02%]
Slc Private St Ln Tr 2006-A FRN [1.01%]

Sep 29, 2015
College Ln Corp 2007-2 FRN [3.42%]
Petrologistics Lp/ Fin 6.25% [1.86%]
US Treasury Note 1% [1.84%]
Gulf Pwr 5.9% [1.82%]
Philadelphia Pa Auth [1.63%]
New Jersey Econ Dev Auth [1.6%]
Apple 1% [1.48%]
Cap Auto Recv Abn 2014-2 0.91% [1.39%]
Southern Calif Edison 1.845% [1.1%]
Educ Ln Sl 2013-1 FRN [1.03%]
Click here for Stock Holding Change Map in Homestead Short-Term Bond Fund (HOSBX)

  

Latest News on Homestead Short-Term Bond (HOSBX) Fund

See what is happening with Homestead Short-Term Bond Fund (HOSBX)

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Homestead Short-Term Bond Fund (HOSBX) Related ResourcesSee more information on Homestead Short-Term Bond (HOSBX) Fund

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