APAMX Performance — iMGP APA Enhanced Income Municipal Fund, Institutional Class
Data updated: 2026-08-26
APAMX returned +1.90% year to date and +6.61% over one year to Jun 2026. Over one year the fund beat its Intermediate Municipal Bond category average: $100 grew to $107, against $106 for the category. Volatility over the past 12 months was 3.49% a year. In the 12 months to Jun 2026 the fund took in a net $699K, and assets reached $18.06M.
APAMX Growth of $100
What $100 invested in iMGP APA Enhanced Income Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | APAMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $107 | $106 |
| Since data start (Dec 2024 – Jun 2026) | $107 | $105 |
APAMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.90% |
| 1 year | +6.61% |
APAMX Annual Returns
Calendar-year total returns of iMGP APA Enhanced Income Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.90% |
| 2025 | +5.00% |
| 2024 (Dec–Dec) | 0.00% |
APAMX 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 | +0.7% | +1.1% | −1.9% | +1.0% | +0.4% | +0.6% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.7% | 0.0% | −0.2% | +0.8% | −0.4% | +1.1% | +2.3% | +1.0% | +0.4% | +0.3% |
| 2024 | — | — | — | — | — | — | — | — | — | — | — | 0.0% |
APAMX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 3.49%
- Best month: +2.26% (Sep 2025)
- Worst month: −1.93% (Mar 2026)
APAMX Fund Flows
Monthly money in and out of iMGP APA Enhanced Income Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $699K
- 12-month gross sales (incl. reinvestments): $2.3M
- Sales ÷ redemptions: 1.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $73K | $406K | −$333K |
| May 2026 | $131K | $55K | $75K |
| Apr 2026 | $79K | $336K | −$257K |
| Mar 2026 | $717K | $297K | $420K |
| Feb 2026 | $95K | $35K | $60K |
| Jan 2026 | $1K | $34K | −$33K |
| Dec 2025 | $148K | $29K | $119K |
| Nov 2025 | $66K | $145K | −$79K |
| Oct 2025 | $55K | $107K | −$52K |
| Sep 2025 | $216K | $44K | $172K |
| Aug 2025 | $307K | $118K | $189K |
| Jul 2025 | $446K | $29K | $416K |
APAMX Assets Under Management
Net assets of iMGP APA Enhanced Income Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $18.06M |
| 2026-03-31 | $18.38M |
| 2025-12-31 | $18.11M |
| 2025-09-30 | $18.02M |
| 2025-06-30 | $16.90M |
| 2025-03-31 | $16.67M |
| 2024-12-31 | $14.57M |
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.