AXSKX Performance — AXS Sustainable Income Fund, Class I
Data updated: 2024-05-22
AXSKX returned +3.94% over one year to Mar 2024. The annualised 3-year return is −0.68%. The fund trailed its Alternative category average: $100 invested three years ago grew to $98, against $111 for the category, and to $104 over one year, against $117. Volatility over the past three years was 5.58% a year. In the 12 months to Mar 2024 the fund took in a net $3.8M, and assets reached $4.71M.
AXSKX Growth of $100
What $100 invested in AXS Sustainable Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | AXSKX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $104 | $117 |
| 3 years (Apr 2021 – Mar 2024) | $98 | $111 |
| Since data start (Oct 2020 – Mar 2024) | $104 | $122 |
AXSKX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.94% |
| 3 years (annualised) | −0.68% |
AXSKX Annual Returns
Calendar-year total returns of AXS Sustainable Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | −0.16% |
| 2023 | +6.46% |
| 2022 | −10.98% |
| 2021 | +5.71% |
| 2020 (Oct–Dec) | +4.36% |
AXSKX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.1% | −0.3% | +0.2% | — | — | — | — | — | — | — | — | — |
| 2023 | +2.5% | −0.4% | +0.1% | +0.1% | −0.5% | +0.3% | +0.7% | −0.4% | −0.9% | −1.1% | +3.4% | +2.5% |
| 2022 | −1.8% | −0.4% | −0.6% | −2.6% | −2.3% | −5.1% | +2.7% | −0.9% | −2.4% | +1.1% | +1.1% | −0.2% |
| 2021 | +0.3% | +0.8% | +1.0% | +0.8% | +0.3% | +1.0% | +0.1% | +0.4% | +0.3% | −0.4% | −0.6% | +1.7% |
| 2020 | — | — | — | — | — | — | — | — | — | +0.5% | +2.7% | +1.1% |
AXSKX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 5.58%
- 3-year Sharpe ratio: -0.93 (vs 4.5% risk-free rate)
- Best month: +3.40% (Nov 2023)
- Worst month: −5.12% (Jun 2022)
AXSKX Fund Flows
Monthly money in and out of AXS Sustainable Income Fund, from SEC Form N-PORT.
- 12-month net flow: $3.8M
- 12-month gross sales (incl. reinvestments): $3.6M
- Sales ÷ redemptions: -23.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $34K | $119K | −$85K |
| Feb 2024 | $55K | $41K | $13K |
| Jan 2024 | $1.8M | $68K | $1.7M |
| Dec 2023 | $33K | −$331K | $364K |
| Nov 2023 | $45K | −$10K | $55K |
| Oct 2023 | $104K | −$8K | $112K |
| Sep 2023 | $54K | −$6K | $60K |
| Aug 2023 | $65K | −$777 | $66K |
| Jul 2023 | $46K | −$3K | $49K |
| Jun 2023 | $112K | −$17K | $129K |
| May 2023 | $125K | −$6K | $130K |
| Apr 2023 | $1.2M | −$529 | $1.2M |
AXSKX Assets Under Management
Net assets of AXS Sustainable Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $4.71M |
| 2023-12-31 | $3.13M |
| 2023-09-30 | $3.18M |
| 2023-06-30 | $3.08M |
| 2023-03-31 | $1.74M |
| 2022-12-31 | $1.49M |
| 2022-09-30 | $1.36M |
| 2022-06-30 | $1.43M |
| 2022-03-31 | $1.43M |
| 2021-12-31 | $51.91M |
| 2021-09-30 | $52.84M |
| 2021-06-30 | $52.94M |
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.