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The investment seeks to provide high current income exempt from federal and Hawaii state income taxes. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment grade municipal bonds, the interest from which is exempt from regular federal and Hawaii state income taxes. It may also invest in municipal bonds issued by other U.S. states, territories and possessions. There is no limit on the average maturity of the fund's portfolio. The fund is non-diversified.
Name | Title | Since | Until |
---|---|---|---|
Stephanie C. Nomura | Vice President | 2021 | Now |
Biography | Stephanie Nomura, Bishop Street Capital Management, President and Senior Portfolio Manager, serves as co‑portfolio manager. Ms. Nomura rejoined Bishop Street Capital Management in 2021, and has over 19 years of investment management experience. She was Portfolio Manager with Bishop Street Capital Management from 2007 to 2015. Prior to joining the firm, Ms. Nomura served as Vice President and Investment Manager with Central Pacific Bank from 2015 to 2016. She served as Vice President and Fixed Income Portfolio Manager with Oakwood Capital Management in Los Angeles from 2003 to 2007. Ms. Nomura holds a B.A. from the University of California, Irvine, and an MBA from the University of Hawaii. | ||
Eric Lo | Assistant Vice President | 2017 | Now |
Biography | Eric Lo, Bishop Street Capital Management, Assistant Vice President and Portfolio Manager, serves as co-portfolio manager of the Hawaii Municipal Bond Fund. Mr. Lo joined Bishop Street Capital Management in 2014 and has over 19 years of investment experience having previous roles at Bank of America, merrill Lynch, Morgan Stanley and Credit Suisse. Mr. Lo received a B.S. from Massachusetts Institute of Technology | ||
Jennifer Carias | President | 2007 | 2021 |
Biography | Jennifer Carias, Bishop Street Capital Management, President, Senior Vice President and Fixed Income Portfolio Manager. Ms. Carias joined Bishop Street Capital Management in 1999 and has served in various capacities with the Adviser and/or the Adviser’s affiliates for over twenty-five years. She holds a B.A. in Accounting from Chaminade University. She is a director of CFA Hawaii and currently serves as Program Development Chair. | ||
Michael K. Hirai | President, Director | 2016 | 2017 |
Biography | Michael K. Hirai, CFA, Bishop Street Capital Management, is President, Chief Investment Officer and Director of the Adviser and also serves as co-portfolio manager of the High Grade Income Fund. Mr. Hirai joined Bishop Street Capital Management in 2004 and has over 31 years of management experience serving in senior roles with investment firms in Los Angeles and Honolulu. Mr. Hirai holds an M.B.A. from the University of Southern California and a B.B.A. in finance from the University of Hawaii. | ||
Stephanie C. Nomura | Vice President | 2007 | 2015 |
Biography | Stephanie Nomura, Bishop Street Capital Management, President and Senior Portfolio Manager, serves as co‑portfolio manager. Ms. Nomura rejoined Bishop Street Capital Management in 2021, and has over 19 years of investment management experience. She was Portfolio Manager with Bishop Street Capital Management from 2007 to 2015. Prior to joining the firm, Ms. Nomura served as Vice President and Investment Manager with Central Pacific Bank from 2015 to 2016. She served as Vice President and Fixed Income Portfolio Manager with Oakwood Capital Management in Los Angeles from 2003 to 2007. Ms. Nomura holds a B.A. from the University of California, Irvine, and an MBA from the University of Hawaii. | ||
Michael K. Hirai | President, Director | 2007 | 2007 |
Biography | Michael K. Hirai, CFA, Bishop Street Capital Management, is President, Chief Investment Officer and Director of the Adviser and also serves as co-portfolio manager of the High Grade Income Fund. Mr. Hirai joined Bishop Street Capital Management in 2004 and has over 31 years of management experience serving in senior roles with investment firms in Los Angeles and Honolulu. Mr. Hirai holds an M.B.A. from the University of Southern California and a B.B.A. in finance from the University of Hawaii. | ||
Cristopher Borden | Manager | 2000 | 2007 |
Biography | Borden has been the manager with Bishop Street Capital Management since 2000.From 1998-2000, Mr. Borden was a Consultant with Rendon Group. | ||
Louis Levitas | Portfolio Manager | 1995 | 2001 |
Biography | Levitas is a portfolio manager with First Hawaiian Bank. He has been a municipal bond specialist since 1970. |
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