AFEIX Performance — Large Cap Equity Fund, I Class
Data updated: 2026-09-29
AFEIX returned +7.89% year to date and +15.22% over one year to Jul 2026. Annualised returns are +14.60% over 3 years and +9.61% over 5 years. Against its Thematic Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $151, against $151 for the category, and to $115 over one year, against $109. Volatility over the past three years was 13.43% a year. In the 12 months to Jul 2026 the fund lost a net $852.6M, and assets reached $3.03B.
AFEIX Growth of $100
What $100 invested in Large Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Thematic Equity category average over the same months.
| Period | AFEIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $151 | $151 |
| 5 years (Aug 2021 – Jul 2026) | $158 | $137 |
| Since data start (Aug 2019 – Jul 2026) | $245 | $219 |
AFEIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.89% |
| 1 year | +15.22% |
| 3 years (annualised) | +14.60% |
| 5 years (annualised) | +9.61% |
AFEIX Annual Returns
Calendar-year total returns of Large Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +7.89% |
| 2025 | +11.46% |
| 2024 | +19.84% |
| 2023 | +24.45% |
| 2022 | −19.37% |
| 2021 | +28.85% |
| 2020 | +19.54% |
| 2019 (Aug–Dec) | +9.97% |
AFEIX 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 | +1.1% | −1.2% | −5.7% | +10.6% | +3.7% | −0.4% | +0.3% | — | — | — | — | — |
| 2025 | +2.2% | −2.6% | −6.8% | −0.9% | +6.4% | +4.9% | +1.7% | +2.2% | +2.8% | +1.8% | +0.3% | −0.5% |
| 2024 | +1.9% | +5.6% | +3.2% | −4.8% | +4.5% | +3.1% | +0.5% | +2.3% | +1.7% | −2.0% | +5.5% | −2.6% |
| 2023 | +6.1% | −2.6% | +3.5% | +0.9% | +0.7% | +5.9% | +3.6% | −1.8% | −4.9% | −1.8% | +8.6% | +4.8% |
| 2022 | −6.0% | −3.6% | +2.7% | −9.1% | −0.7% | −7.8% | +9.3% | −4.0% | −9.0% | +8.9% | +6.4% | −5.9% |
| 2021 | −1.3% | +2.7% | +3.9% | +5.6% | +0.3% | +2.7% | +2.7% | +3.3% | −5.1% | +8.3% | −1.2% | +4.2% |
| 2020 | +0.1% | −8.3% | −11.7% | +12.3% | +5.6% | +2.3% | +5.4% | +7.7% | −3.7% | −3.2% | +10.9% | +3.6% |
| 2019 | — | — | — | — | — | — | — | −1.6% | +1.8% | +2.3% | +4.0% | +3.1% |
AFEIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.43%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +10.60% (Apr 2026)
- Worst month: −6.83% (Mar 2025)
AFEIX Fund Flows
Monthly money in and out of Large Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$852.6M
- 12-month gross sales (incl. reinvestments): $866.9M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $13.3M | $49.0M | −$35.7M |
| Jun 2026 | $10.6M | $82.6M | −$72.0M |
| May 2026 | $14.1M | $115.0M | −$100.9M |
| Apr 2026 | $17.6M | $100.3M | −$82.8M |
| Mar 2026 | $35.6M | $119.2M | −$83.6M |
| Feb 2026 | $58.5M | $65.6M | −$7.1M |
| Jan 2026 | $18.2M | $51.8M | −$33.6M |
| Dec 2025 | $653.9M | $193.2M | $460.7M |
| Nov 2025 | $11.8M | $54.6M | −$42.7M |
| Oct 2025 | $15.8M | $140.9M | −$125.1M |
| Sep 2025 | $7.8M | $593.6M | −$585.7M |
| Aug 2025 | $9.7M | $153.8M | −$144.1M |
AFEIX Assets Under Management
Net assets of Large Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $3.03B |
| 2026-04-30 | $3.13B |
| 2026-01-31 | $3.21B |
| 2025-10-31 | $3.41B |
| 2025-07-31 | $4.01B |
| 2025-04-30 | $3.85B |
| 2025-01-31 | $4.18B |
| 2024-10-31 | $4.42B |
| 2024-07-31 | $4.57B |
| 2024-04-30 | $4.40B |
| 2024-01-31 | $4.31B |
| 2023-10-31 | $4.15B |
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.