BHIIX Performance — Brigade High Income Fund, Institutional Class
Data updated: 2026-08-25
BHIIX returned +2.88% year to date and +6.42% over one year to Jun 2026. The annualised 3-year return is +9.87%. The fund beat its Short-Term Corporate Bond category average: $100 invested three years ago grew to $133, against $121 for the category, and to $106 over one year, against $105. Volatility over the past three years was 3.74% a year. In the 12 months to Jun 2026 the fund took in a net $323.7M, and assets reached $1.07B.
BHIIX Growth of $100
What $100 invested in Brigade High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | BHIIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $133 | $121 |
| Since data start (Jun 2023 – Jun 2026) | $135 | $122 |
BHIIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.88% |
| 1 year | +6.42% |
| 3 years (annualised) | +9.87% |
BHIIX Annual Returns
Calendar-year total returns of Brigade High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.88% |
| 2025 | +7.58% |
| 2024 | +10.60% |
| 2023 (Jun–Dec) | +10.20% |
BHIIX 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 | +0.8% | −0.2% | −0.3% | +1.6% | +0.6% | +0.3% | — | — | — | — | — | — |
| 2025 | +1.4% | +0.4% | −0.5% | −0.7% | +1.7% | +1.7% | +0.8% | +0.9% | +0.7% | +0.1% | +0.3% | +0.6% |
| 2024 | +0.5% | +0.7% | +1.6% | −1.5% | +1.5% | +0.7% | +2.1% | +1.6% | +1.8% | +0.5% | +1.0% | −0.2% |
| 2023 | — | — | — | — | — | +1.7% | +1.9% | +1.3% | −0.3% | −1.4% | +3.4% | +3.2% |
BHIIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.74%
- 3-year Sharpe ratio: 1.44 (vs 4.5% risk-free rate)
- Best month: +3.38% (Nov 2023)
- Worst month: −1.48% (Apr 2024)
BHIIX Fund Flows
Monthly money in and out of Brigade High Income Fund, from SEC Form N-PORT.
- 12-month net flow: $323.7M
- 12-month gross sales (incl. reinvestments): $399.2M
- Sales ÷ redemptions: 5.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $19.5M | $750K | $18.7M |
| May 2026 | $2.2M | $25K | $2.2M |
| Apr 2026 | $19.0M | $16.5M | $2.5M |
| Mar 2026 | $7.7M | $1.3M | $6.3M |
| Feb 2026 | $74.8M | $4.2M | $70.6M |
| Jan 2026 | $12.8M | $2.4M | $10.4M |
| Dec 2025 | $49.1M | $9.2M | $39.9M |
| Nov 2025 | $18.1M | $34.2M | −$16.1M |
| Oct 2025 | $41.0M | $940K | $40.1M |
| Sep 2025 | $99.3M | $1.5M | $97.8M |
| Aug 2025 | $13.1M | $1.4M | $11.7M |
| Jul 2025 | $42.6M | $3.0M | $39.5M |
BHIIX Assets Under Management
Net assets of Brigade High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.07B |
| 2026-03-31 | $1.04B |
| 2025-12-31 | $972.49M |
| 2025-09-30 | $918.11M |
| 2025-06-30 | $767.04M |
| 2025-03-31 | $663.55M |
| 2024-12-31 | $618.95M |
| 2024-09-30 | $580.31M |
| 2024-06-30 | $550.70M |
| 2024-03-31 | $514.17M |
| 2023-12-31 | $480.16M |
| 2023-09-30 | $476.47M |
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.