As a long time investor in HULAX, (1985) I am very concerned about the poor performance and high expense ratio (.75) leveled against investors. I believe the number of Trustees (7) is excessive and the fees paid to Administration, Trustees and Investment Advisors could be significatly cut. This is a relatively small, single state Mutual fund that should require minimum services by Administration. I suggest interested investors check other Tax Free Funds for their expense ratios and compare such as Vanguard, T. Roe Price etc. If other investors have concerns, please use this message board to express your opinion.
Aloha, hacn