AMFIX Performance — AAMA Income Fund
Data updated: 2026-09-15
AMFIX returned +0.43% year to date and +2.24% over one year to Jun 2026. Annualised returns are +3.46% over 3 years and +0.84% over 5 years. The fund trailed its Short-Term Government Bond category average: $100 invested three years ago grew to $111, against $115 for the category, and to $102 over one year, against $103. Volatility over the past three years was 1.33% a year. In the 12 months to Jun 2026 the fund lost a net $11.0M, and assets reached $117.92M.
AMFIX Growth of $100
What $100 invested in AAMA Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Government Bond category average over the same months.
| Period | AMFIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $104 | $111 |
| Since data start (Jan 2020 – Jun 2026) | $103 | $116 |
AMFIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.43% |
| 1 year | +2.24% |
| 3 years (annualised) | +3.46% |
| 5 years (annualised) | +0.84% |
AMFIX Annual Returns
Calendar-year total returns of AAMA Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.43% |
| 2025 | +3.94% |
| 2024 | +3.48% |
| 2023 | +3.84% |
| 2022 | −6.26% |
| 2021 | −1.37% |
| 2020 | −0.25% |
AMFIX 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 | +0.1% | +0.6% | −0.4% | +0.1% | 0.0% | 0.0% | — | — | — | — | — | — |
| 2025 | +0.4% | +0.5% | +0.3% | +0.5% | +0.1% | +0.4% | 0.0% | +0.7% | +0.2% | +0.3% | +0.3% | +0.2% |
| 2024 | +0.2% | −0.3% | +0.4% | −0.3% | +0.7% | +0.5% | +0.7% | +0.6% | +0.5% | −0.1% | +0.3% | +0.2% |
| 2023 | +1.1% | −1.0% | +1.5% | +0.3% | −0.3% | −0.2% | +0.1% | +0.2% | −0.4% | 0.0% | +1.4% | +1.2% |
| 2022 | −0.9% | −0.6% | −1.8% | −1.2% | +0.4% | −0.7% | +0.9% | −1.4% | −1.8% | −0.3% | +1.2% | 0.0% |
| 2021 | 0.0% | −0.2% | −0.2% | 0.0% | 0.0% | −0.2% | +0.3% | −0.1% | −0.4% | −0.4% | 0.0% | −0.3% |
| 2020 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −0.1% | −0.1% | −0.1% | 0.0% | 0.0% |
AMFIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 1.33%
- 3-year Sharpe ratio: -0.78 (vs 4.5% risk-free rate)
- Best month: +1.35% (Nov 2023)
- Worst month: −0.45% (Mar 2026)
AMFIX Fund Flows
Monthly money in and out of AAMA Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$11.0M
- 12-month gross sales (incl. reinvestments): $22.6M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.3M | $2.2M | −$939K |
| May 2026 | $1.4M | $3.0M | −$1.6M |
| Apr 2026 | $1.4M | $2.4M | −$1.1M |
| Mar 2026 | $707K | $2.5M | −$1.7M |
| Feb 2026 | $777K | $2.7M | −$1.9M |
| Jan 2026 | $846K | $2.0M | −$1.1M |
| Dec 2025 | $8.4M | $2.0M | $6.4M |
| Nov 2025 | $744K | $2.5M | −$1.8M |
| Oct 2025 | $1.1M | $4.4M | −$3.3M |
| Sep 2025 | $1.0M | $3.0M | −$2.0M |
| Aug 2025 | $1.6M | $3.5M | −$2.0M |
| Jul 2025 | $3.3M | $3.2M | $75K |
AMFIX Assets Under Management
Net assets of AAMA Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $117.92M |
| 2026-03-31 | $122.08M |
| 2025-12-31 | $127.17M |
| 2025-09-30 | $125.43M |
| 2025-06-30 | $128.83M |
| 2025-03-31 | $133.83M |
| 2024-12-31 | $139.35M |
| 2024-09-30 | $142.62M |
| 2024-06-30 | $145.65M |
| 2024-03-31 | $149.06M |
| 2023-12-31 | $133.71M |
| 2023-09-30 | $137.39M |
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.