Client Solutions
In the more than 30 years since the company’s founding, Homestead Advisers has grown in size and scope, but we’ve always kept who we serve in sight.
We work closely with financial professionals who are seeking to find experienced portfolio managers and strategies offered with transparent and affordable pricing. And while some may overlook us because of our size, we offer a compelling combination of experience, investment option and affordability.
Investing has never been more important in supporting the financial futures of American families, and we exist to help people get closer to meeting their investment goals.
Please note that the following funds are sub-advised by external managers: Daily Income Fund, Stock Index Fund, Growth Fund, and International Equity Fund.
| Fund Name | Type | Gross Expense Ratio | Net Expense Ratio | Gross Median Expense Ratio for Peer Group* | Net Median Expense Ratio for Peer Group* |
|---|---|---|---|---|---|
| Daily Income Fund (HDIXX) | Money Market | 0.59% | 0.59% | 0.53% | 0.40% |
| Short-Term Government Securities Fund (HOSGX) 1 | Bond | 0.84% | 0.75% | 0.95% | 0.81% |
| Short-Term Bond Fund (HOSBX) | Bond | 0.76% | 0.76% | 0.84% | 0.75% |
| Intermediate Bond Fund (HOIBX) 2 | Bond | 0.89% | 0.80% | 0.80% | 0.71% |
| Stock Index Fund (HSTIX) | Stock | 0.44% | 0.44% | 0.52% | 0.45% |
| Value Fund (HOVLX) | Stock | 0.64% | 0.64% | 1.15% | 1.05% |
| Growth Fund (HNASX) | Stock | 0.84% | 0.84% | 1.14% | 1.06% |
| International Equity Fund (HISIX) | Stock | 1.14% | 1.14% | 1.33% | 1.23% |
| Small-Company Stock Fund (HSCSX) | Stock | 1.07% | 1.07% | 1.38% | 1.24% |
*The expense ratio shows the percentage of fund assets deducted annually to cover operating costs. Fund expense ratios shown here do not include acquired fund fees and expenses. If applicable, these additional costs are disclosed in the prospectus. For some funds, the investment advisor has agreed voluntarily or contractually (for at least the current fiscal year) to waive or reimburse a portion of expenses. The net expense ratio is the expense ratio minus the portion of expenses waived or reimbursed. Please see the current prospectus for additional details. The peer ratio is according to Morningstar Direct, based on each fund’s Morningstar classification.
1Homestead Advisers has contractually agreed, through at least April 30, 2025, to limit the Fund’s operating expenses to an amount not to exceed 0.75% of the Fund’s average daily net assets. Operating expenses exclude interest; taxes; brokerage commissions; other expenditures that are capitalized in accordance with generally accepted accounting principles; other extraordinary expenses not incurred in the ordinary course of the Fund’s business; and acquired fund fees and expenses such as the fees and expenses associated with an investment in (i) an investment company or (ii) any company that would be an investment company under Section 3(a) of the Investment Company Act of 1940, as amended (the “1940 Act”), but for the exceptions to that definition provided for in Sections 3(c)(1) and 3(c)(7) of the 1940 Act. This waiver agreement will terminate immediately upon termination of the Fund’s Management Agreement and may be terminated by the Fund upon 60 days’ notice.
2The inception date of this fund is May 1, 2019. Homestead Advisers has contractually agreed, through at least April 30, 2025, to limit the Fund’s operating expenses to an amount not to exceed 0.80% of the Fund’s average daily net assets. Operating expenses exclude interest; taxes; brokerage commissions; other expenditures that are capitalized in accordance with generally accepted accounting principles; other extraordinary expenses not incurred in the ordinary course of the Fund’s business; and acquired fund fees and expenses such as the fees and expenses associated with an investment in (i) an investment company or (ii) any company that would be an investment company under Section 3(a) of the Investment Company Act of 1940, as amended (the “1940 Act”), but for the exceptions to that definition provided for in Sections 3(c)(1) and 3(c)(7) of the 1940 Act. This waiver agreement will terminate immediately upon termination of the Fund’s Management Agreement and may be terminated by the Fund upon 60 days’ notice.
Debt securities are subject to interest rate risk, credit risk, income risk, issuer risk and market risk. The value of U.S. Government securities can decrease due to, among other factors, changes in interest rates or changes to the financial condition or credit rating of the U.S. Government.
As a money market fund, the Daily Income Fund has limited potential for income production. You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
The information on this website is intended only for U.S. institutional investors and should not be relied upon by retail investors or any other persons who are not Financial Professionals or Institutional Investors in the U.S.