AILIX Performance — Hedged Equity Income Fund, Institutional Shares
Data updated: 2026-07-27
AILIX returned +6.18% year to date and +22.04% over one year to May 2026. Annualised returns are +14.02% over 3 years and +7.29% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $148, against $165 for the category, and to $122 over one year, against $122. Volatility over the past three years was 8.70% a year. In the 12 months to May 2026 the fund took in a net $1.2M, and assets reached $32.59M.
AILIX Growth of $100
What $100 invested in Hedged Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | AILIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $122 | $122 |
| 3 years (Jun 2023 – May 2026) | $148 | $165 |
| 5 years (Jun 2021 – May 2026) | $142 | $164 |
| Since data start (Dec 2020 – May 2026) | $153 | $188 |
AILIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.18% |
| 1 year | +22.04% |
| 3 years (annualised) | +14.02% |
| 5 years (annualised) | +7.29% |
AILIX Annual Returns
Calendar-year total returns of Hedged Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.18% |
| 2025 | +17.20% |
| 2024 | +10.61% |
| 2023 | +5.42% |
| 2022 | −1.76% |
| 2021 | +7.49% |
| 2020 (Dec–Dec) | 0.00% |
AILIX 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 | +1.3% | −0.8% | −4.1% | +7.4% | +2.5% | — | — | — | — | — | — | — |
| 2025 | +2.6% | −0.9% | −4.3% | −0.7% | +5.5% | +4.7% | +2.5% | +3.0% | +2.3% | +1.9% | +1.3% | −1.6% |
| 2024 | −0.6% | +1.7% | +1.8% | −1.3% | +2.6% | +1.0% | +2.1% | +0.9% | +0.9% | −0.8% | +3.2% | −1.3% |
| 2023 | +1.1% | −2.1% | +1.6% | +1.1% | −3.7% | +3.8% | +2.9% | −1.3% | −1.9% | −0.9% | +2.6% | +2.4% |
| 2022 | +0.1% | −2.5% | +2.1% | −1.3% | +0.8% | −4.6% | +1.6% | −1.3% | −5.4% | +5.6% | +4.2% | −0.5% |
| 2021 | −0.9% | +0.3% | +4.9% | +1.8% | +1.5% | −0.4% | +1.1% | +0.2% | −4.0% | +2.5% | −2.9% | +3.5% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | 0.0% |
AILIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 8.70%
- 3-year Sharpe ratio: 1.09 (vs 4.5% risk-free rate)
- Best month: +7.45% (Apr 2026)
- Worst month: −4.35% (Mar 2025)
AILIX Fund Flows
Monthly money in and out of Hedged Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: $1.2M
- 12-month gross sales (incl. reinvestments): $8.9M
- Sales ÷ redemptions: 1.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $349K | $578K | −$229K |
| Apr 2026 | $255K | $570K | −$314K |
| Mar 2026 | $250K | $982K | −$732K |
| Feb 2026 | $1.2M | $2.0M | −$793K |
| Jan 2026 | $718K | $696K | $22K |
| Dec 2025 | $984K | $79K | $905K |
| Nov 2025 | $315K | $183K | $132K |
| Oct 2025 | $1.2M | $144K | $1.0M |
| Sep 2025 | $1.3M | $607K | $715K |
| Aug 2025 | $404K | $191K | $213K |
| Jul 2025 | $1.9M | $1.0M | $899K |
| Jun 2025 | $30K | $666K | −$636K |
AILIX Assets Under Management
Net assets of Hedged Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $32.59M |
| 2026-02-28 | $32.23M |
| 2025-11-30 | $32.53M |
| 2025-08-31 | $29.02M |
| 2025-05-31 | $25.90M |
| 2025-02-28 | $28.34M |
| 2024-11-30 | $28.45M |
| 2024-08-31 | $28.17M |
| 2024-05-31 | $28.27M |
| 2024-02-29 | $28.07M |
| 2023-11-30 | $30.10M |
| 2023-08-31 | $32.71M |
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.