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    Hatteras Long / Short Debt Institutional (HFINX)

    9.10 Up 0.02(0.22%) Jul 30

    Profile as of Jun 29, 2015Get Profile for:
    Hatteras Long / Short Debt Institutional
    Hatteras Alternative Mutual Funds Trustc/o U.S. Bancorp Fund Services, LLC P.O. Box 701Milwaukee, WI 53201-0701
    Map
    Phone: 877-569-2382
    Fund Overview 
    Category:Nontraditional Bond
    Fund Family:Hatteras Funds
    Net Assets:348.31M
    Year-to-Date Return:0.51%
    Yield:3.25%
    Morningstar Rating:3 stars
    Fund Inception Date:May 2, 2011
    Morningstar Style Box 
    Nontraditional Bond
    [View Category Definition]
    View Top Nontraditional Bond Funds
    About the Morningstar Style Box

    Style box information not available for HFINX.

    Management Information 
    Michael P. Hennen
    Lead Manager since May 2, 2011
    Mr. Hennen serves as a voting member of the Investment Committee for the Funds and is responsible for the oversight of the investment process and sub-advisor due diligence and selection. Prior to joining Hatteras, Mr. Hennen was a Vice President at Morgan Stanley in the Graystone Research Group, an alternative investments advisory group within Morgan Stanley, where he was on the Investment Committee and led the sourcing, evaluation, execution, and monitoring of alternative investments across a variety of strategies. Before joining Morgan Stanley, Mr. Hennen was an Analyst at Morningstar in Chicago. Mr. Hennen received his Bachelor of Business Administration degree in Finance from Western Michigan University. Mr. Hennen has also earned his designation as a Chartered Financial Analyst (CFA).
    Investment Information 
    Min Initial Investment:1,000,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    HFINX can be purchased from 28 brokerages.

    Fund Summary 
    The investment seeks to achieve total return through current income, capital preservation and capital appreciation. As a mutual fund of funds, the fund pursues its investment objective by investing primarily in a portfolio of one or more affiliated investment companies (such as the Relative Value-Long/Short Debt Portfolio) (the "underlying funds"). The fund invests its assets in the underlying funds consistent with its objective of achieving total return through current income, capital preservation and capital appreciation.

    Fund Operations 
    Last Dividend (Jun 28, 2015) : 0.07
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 29, 2015) : 40.00%
    Average for Category:145.38%
    Fees & Expenses 
    ExpenseHFINXCategory Avg
    Annual Report Expense Ratio (net):2.49%1.28%
    Prospectus Net Expense Ratio:2.49%N/A
    Prospectus Gross Expense Ratio:3.06%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.20%
    Max Deferred Sales Load: N/A1.35%
    3 Yr Expense Projection*:936618
    5 Yr Expense Projection*:1,5971,015
    10 Yr Expense Projection*:3,3672,110
    * Per $10,000 invested