Hussman Funds Annual & Semi-Annual Reports

Please see Archived Reports below for previous years

Annual Report – June 30, 2020

Semiannual Report – December 31, 2019

Hussman Strategic Growth Fund – HSGFX

The Fund seeks to achieve long-term capital appreciation, with
added emphasis on the protection of capital during unfavorable
market conditions. It pursues this objective by investing primarily in
common stocks and using hedging strategies to vary the exposure
of the Fund to general market fluctuations.

Strategic Growth Fund Prospectus

Summary Prospectus
Statement of Additional Information
Fund Performance Chart
Quarterly and Annual Fund Performance
2018 Distribution & Tax Information: Strategic Growth Fund
2017 Distribution & Tax Information: Strategic Growth Fund

Hussman Strategic Total Return Fund – HSTRX

The Fund invests primarily in U.S. Treasury and government
agency securities with the objective of long-term total return, and
has the ability to take a limited exposure in foreign government
bonds, utility stocks, and precious metals shares.

Strategic Total Return Fund Prospectus

Summary Prospectus
Statement of Additional Information
Fund Performance Chart
Quarterly and Annual Fund Performance
2018 Distribution & Tax Information: Strategic Total Return Fund
2017 Distribution & Tax Information: Strategic Total Return Fund

Hussman Strategic Allocation Fund – HSAFX

The Fund invests primarily in common stocks, bonds, and cash equivalents, aligning its allocations to these asset classes based on prevailing valuations and estimated expected returns in these markets. The investment strategy adds emphasis on risk-management to adjust the Fund’s exposure in market conditions that suggest risk-aversion or speculation among market participants.

Strategic Allocation Fund Prospectus

Summary Prospectus
Statement of Additional Information

Hussman Strategic International Fund – HSIEX

The Fund invests primarily in equity securities of non-U.S. issuers
with the objective of long-term total return with added emphasis on the protection of capital during unfavorable market conditions.

Strategic International Fund Prospectus

Summary Prospectus
Statement of Additional Information
Fund Performance Chart
2018 Distribution & Tax Information: Strategic International Fund
2017 Distribution & Tax Information: Strategic International Fund

XBRL Files: eXtensible Business Reporting Language

The XBRL files below can only be read with special viewer software.
Additional information on the XBRL language and a free version of the
viewer software is available on the SEC’s website at xbrl.sec.gov.

Please note that the XBRL file does not include all of the information
contained in a Prospectus. To access the full text of a Prospectus,
click on the link above for each Fund.

XBRL Documents (Hussman XBRL 20181101)

Archived Reports

Annual Report – June 30, 2020
Semiannual Report – December 31, 2019
Annual Report – June 30, 2019
Semiannual Report – December 31, 2018
Annual Report – June 30, 2018
Semiannual Report – December 31, 2017
Annual Report – June 30, 2017
Semiannual Report – December 31, 2016
Annual Report – June 30, 2016
Semiannual Report – December 31, 2015
Annual Report – June 30, 2015
Semiannual Report – December 31, 2014
Annual Report – June 30, 2014
Semiannual Report – December 31, 2013
Annual Report – June 30, 2013
Semiannual Report – December 31, 2012
Annual Report – June 30, 2012
Semiannual Report – December 31, 2011
Annual Report – June 30, 2011
Semiannual Report – December 31, 2010
HSIEX Semiannual Report – December 31, 2010
Annual Report – June 30, 2010
HSIEX Annual Report – June 30, 2010
Semiannual Report – December 31, 2009
HSIEX Semiannual Report – December 31, 2009
Annual Report – June 30, 2009
Semiannual Report – December 31, 2008
Annual Report – June 30, 2008
Semiannual Report – December 31, 2007
Annual Report – June 30, 2007
Semiannual Report – December 31, 2006
Annual Report – June 30, 2006
Semiannual Report – December 31, 2005
Annual Report – June 30, 2005
Semiannual Report – December 31, 2004
Annual Report – June 30, 2004
Semiannual Report – December 31, 2003
HSGFX Annual Report – June 30, 2003
HSTRX Annual Report – June 30, 2003
HSGFX Semiannual Report – December 31, 2002
HSTRX Semiannual Report – December 31, 2002
HSGFX Annual Report – June 30, 2002
HSGFX Semiannual Report – December 31, 2001
HSGFX Annual Report – June 30, 2001
HSGFX Semiannual Report – December 31, 2000

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