ACEFX Performance — Absolute CEF Opportunities, Institutional Class Shares
Data updated: 2026-08-25
ACEFX returned +5.54% year to date and +11.42% over one year to Jun 2026. The annualised 3-year return is +2.80%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $109, against $157 for the category, and to $111 over one year, against $118. Volatility over the past three years was 6.24% a year. In the 12 months to Jun 2026 the fund lost a net $3.1M, and assets reached $4.89M.
ACEFX Growth of $100
What $100 invested in Absolute CEF Opportunities grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | ACEFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $109 | $157 |
ACEFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.54% |
| 1 year | +11.42% |
| 3 years (annualised) | +2.80% |
ACEFX Annual Returns
Calendar-year total returns of Absolute CEF Opportunities, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +5.54% |
| 2025 | +9.24% |
| 2024 | −5.33% |
| 2023 (Jul–Dec) | −0.46% |
ACEFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.0% | −0.2% | −1.2% | +2.8% | +1.4% | +0.7% | — | — | — | — | — | — |
| 2025 | +2.0% | +0.3% | −1.7% | −1.9% | +2.6% | +2.1% | +0.8% | +1.3% | 0.0% | +1.6% | +0.8% | +0.9% |
| 2024 | −0.8% | −0.2% | +1.9% | +0.8% | −3.0% | −3.3% | +2.0% | −1.5% | −2.5% | +1.0% | +2.2% | −1.9% |
| 2023 | — | — | — | — | — | — | −1.5% | +0.2% | +3.1% | +1.1% | −3.6% | +0.5% |
ACEFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.24%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +3.11% (Sep 2023)
- Worst month: −3.58% (Nov 2023)
ACEFX Fund Flows
Monthly money in and out of Absolute CEF Opportunities, from SEC Form N-PORT.
- 12-month net flow: −$3.1M
- 12-month gross sales (incl. reinvestments): $783K
- Sales ÷ redemptions: 0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $6K | $652K | −$646K |
| May 2026 | $3K | $295K | −$292K |
| Apr 2026 | $1K | $76K | −$74K |
| Mar 2026 | $639 | $62K | −$62K |
| Feb 2026 | $870 | $27K | −$27K |
| Jan 2026 | $94K | $617K | −$523K |
| Dec 2025 | $1K | $238K | −$237K |
| Nov 2025 | $93K | $1.5M | −$1.4M |
| Oct 2025 | $71K | $78K | −$7K |
| Sep 2025 | $191K | $74K | $117K |
| Aug 2025 | $176K | $149K | $27K |
| Jul 2025 | $146K | $132K | $14K |
ACEFX Assets Under Management
Net assets of Absolute CEF Opportunities by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $4.89M |
| 2026-03-31 | $5.67M |
| 2025-12-31 | $6.25M |
| 2025-09-30 | $7.65M |
| 2025-06-30 | $7.34M |
| 2025-03-31 | $5.98M |
| 2024-12-31 | $5.43M |
| 2024-09-30 | $5.19M |
| 2024-06-30 | $5.84M |
| 2024-03-31 | $20.19M |
| 2023-12-31 | $20.61M |
| 2023-09-30 | $21.46M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.