Decorative Image Your Avenue to Sound Investments

Performance quoted is as of the close of markets on the last business day of the previous calendar quarter-end, with the exception of YTD and MTD which are shown as of the close of the previous business day.

Retail Class A | Institutional

For more important information on a specific fund, please click on the fund name.

Retail Shares Class A As Of 6/30/2017
Current Quarter
as of
Annualized 1- Year Return
Annualized 3- Year Return
Annualized 5- Year Return
Annualized 10- Year/ Since Inception Return*
Fixed Income
Hawaii Municipal Bond Fund**

Class I Shares As Of 6/30/2017
Current Quarter
as of
1- Year Return
3- Year Return
5- Year Return
10- Year/ Since Inception Return*
Dividend Value Fund^

Fixed Income
Hawaii Municipal Bond Fund
High Grade Income Fund
Short Duration Bond Fund+
Return To Top

*If the fund is less than 1 year old, cumulative return since inception is shown; if the fund is less than 10 years old, annualized return since inception is shown. If the fund is greater than 10 years old, annualized 10-year return is shown.

**Performance numbers reflect a maximum sales charge of 3.00%.

^Prior to February 1, 2010, the Fund's principal investment strategy was to invest at least 80% of its net assets in large-cap equity securities; therefore, the past performance shown may have differed had the Fund's current investment strategy been in effect.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please click here or call 1-800-262-9565.

Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise.

In addition to the normal risks associated with investing, because the Hawaii Municipal Bond Fund primarily invests in Hawaiian securities, it may be more volatile and susceptible to a single adverse economic or regulatory occurrence affecting those obligations.

There is no guarantee the Fund's income will be exempt from federal or state income taxes. Capital gains, if any, are subject to capital gains taxes. The Fund is not diversified.

The Dividend Value Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund's gains or losses.

The Short-Duration Bond Fund may invest in mortgage backed securities which are subject to pre-payment and extension risk and therefore react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain mortgage-backed securities.

Expense ratios for the Funds are: Hawaii Municipal Bond - A: 1.27%(gross); 0.80%(net); Dividend Value: 1.43%(gross); 1.05%(net); Hawaii Municipal Bond - I: 1.02%(gross); 0.55%(net); High Grade Income: 1.25%(gross); 0.76%(net); and Fee waivers are contractual through April 30, 2018.

Short-Duration Bond Fund:1.88%.The Adviser has voluntarily agreed to reduce fees and reimburse expenses to the extent necessary to keep net operating expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses, and extraordinary expenses) from exceeding 0.55%.The Adviser intends to continue these fee reductions and expense reimbursements until further notice, but may discontinue them at any time.

+Redemption fee if shares redeemed within less than 30 days is 1.00% for the Short-Duration Bond Fund. Your return will be lower if a redemption fee is applied to your account.