BBALX Performance — Global Tactical Asset Allocation Fund
Data updated: 2026-08-28
BBALX returned +7.50% year to date and +15.14% over one year to Jun 2026. Annualised returns are +11.99% over 3 years and +5.84% over 5 years. The fund trailed its Global Multi-Cap Blend category average: $100 invested three years ago grew to $140, against $148 for the category, and to $115 over one year, against $118. Volatility over the past three years was 8.17% a year. In the 12 months to Jun 2026 the fund lost a net $4.1M, and assets reached $84.09M.
BBALX Growth of $100
What $100 invested in Global Tactical Asset Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | BBALX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $115 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $140 | $148 |
| 5 years (Jul 2021 – Jun 2026) | $133 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $161 | $188 |
BBALX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.50% |
| 1 year | +15.14% |
| 3 years (annualised) | +11.99% |
| 5 years (annualised) | +5.84% |
BBALX Annual Returns
Calendar-year total returns of Global Tactical Asset Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.50% |
| 2025 | +14.73% |
| 2024 | +8.02% |
| 2023 | +10.72% |
| 2022 | −12.76% |
| 2021 | +11.22% |
| 2020 | +6.46% |
| 2019 (Jul–Dec) | +5.79% |
BBALX 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 | +2.2% | +2.4% | −4.5% | +5.2% | +2.5% | −0.3% | — | — | — | — | — | — |
| 2025 | +2.0% | +0.9% | −2.0% | 0.0% | +2.8% | +3.2% | +0.1% | +2.6% | +2.0% | +0.9% | +0.8% | +0.5% |
| 2024 | −0.2% | +1.0% | +2.0% | −2.7% | +3.1% | +0.9% | +2.3% | +2.1% | +1.8% | −2.2% | +2.7% | −2.6% |
| 2023 | +4.9% | −3.1% | +1.8% | +0.9% | −2.3% | +2.9% | +2.2% | −1.6% | −2.8% | −2.1% | +5.7% | +4.3% |
| 2022 | −2.7% | −1.4% | +0.4% | −5.1% | +0.7% | −6.3% | +4.6% | −3.1% | −6.7% | +3.8% | +5.6% | −2.4% |
| 2021 | −0.2% | +1.2% | +2.1% | +2.5% | +1.5% | +0.5% | +0.6% | +1.1% | −2.5% | +2.8% | −1.9% | +3.1% |
| 2020 | −1.0% | −4.9% | −11.7% | +7.6% | +3.2% | +1.3% | +3.1% | +2.4% | −1.6% | −1.3% | +7.6% | +3.1% |
| 2019 | — | — | — | — | — | — | −0.3% | −0.9% | +1.7% | +1.6% | +1.3% | +2.4% |
BBALX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.17%
- 3-year Sharpe ratio: 0.92 (vs 4.5% risk-free rate)
- Best month: +5.68% (Nov 2023)
- Worst month: −4.54% (Mar 2026)
BBALX Fund Flows
Monthly money in and out of Global Tactical Asset Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.1M
- 12-month gross sales (incl. reinvestments): $7.1M
- Sales ÷ redemptions: 0.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $159K | $1.2M | −$1.1M |
| May 2026 | $379K | $843K | −$464K |
| Apr 2026 | $310K | $466K | −$156K |
| Mar 2026 | $253K | $512K | −$259K |
| Feb 2026 | $405K | $538K | −$133K |
| Jan 2026 | $112K | $577K | −$466K |
| Dec 2025 | $2.8M | $783K | $2.0M |
| Nov 2025 | $1.1M | $443K | $653K |
| Oct 2025 | $314K | $689K | −$375K |
| Sep 2025 | $335K | $626K | −$291K |
| Aug 2025 | $595K | $1.2M | −$616K |
| Jul 2025 | $330K | $3.3M | −$2.9M |
BBALX Assets Under Management
Net assets of Global Tactical Asset Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $84.09M |
| 2026-03-31 | $79.94M |
| 2025-12-31 | $80.97M |
| 2025-09-30 | $78.46M |
| 2025-06-30 | $79.17M |
| 2025-03-31 | $77.21M |
| 2024-12-31 | $79.06M |
| 2024-09-30 | $83.53M |
| 2024-06-28 | $84.84M |
| 2024-03-28 | $91.44M |
| 2023-12-29 | $102.26M |
| 2023-09-29 | $98.54M |
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.