BIGTX Performance — The Texas Fund, Institutional Class
Data updated: 2026-07-29
BIGTX returned +23.84% year to date and +36.28% over one year to May 2026. Annualised returns are +21.74% over 3 years and +9.44% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $180, against $165 for the category, and to $136 over one year, against $122. Volatility over the past three years was 16.83% a year. In the 12 months to May 2026 the fund took in a net $3.7M, and assets reached $21.65M.
BIGTX Growth of $100
What $100 invested in The Texas Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | BIGTX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $136 | $122 |
| 3 years (Jun 2023 – May 2026) | $180 | $165 |
| 5 years (Jun 2021 – May 2026) | $157 | $164 |
| Since data start (Mar 2020 – May 2026) | $249 | $227 |
BIGTX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.84% |
| 1 year | +36.28% |
| 3 years (annualised) | +21.74% |
| 5 years (annualised) | +9.44% |
BIGTX Annual Returns
Calendar-year total returns of The Texas Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +23.84% |
| 2025 | +6.00% |
| 2024 | +15.79% |
| 2023 | +11.33% |
| 2022 | −6.89% |
| 2021 | +23.92% |
| 2020 (Mar–Dec) | +27.71% |
BIGTX 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 | +7.3% | +4.5% | −2.5% | +7.3% | +5.5% | — | — | — | — | — | — | — |
| 2025 | +3.1% | −5.2% | −4.2% | −1.3% | +4.1% | +4.9% | +2.5% | +3.6% | +3.1% | +0.3% | −3.0% | −1.4% |
| 2024 | −1.6% | +4.9% | +5.5% | −4.6% | +4.4% | −1.5% | +5.9% | −1.7% | +2.6% | +0.1% | +11.1% | −8.9% |
| 2023 | +6.0% | −3.0% | −4.1% | −2.2% | −2.8% | +7.3% | +7.3% | −2.9% | −3.0% | −6.2% | +7.8% | +8.3% |
| 2022 | −3.2% | +3.2% | +3.8% | −5.1% | +3.1% | −7.9% | +5.1% | −4.2% | −7.8% | +13.2% | +0.6% | −5.7% |
| 2021 | +7.4% | +8.1% | +3.4% | +2.2% | +1.3% | +1.4% | −5.0% | −0.4% | −1.0% | +6.1% | −4.4% | +3.4% |
| 2020 | — | — | −19.2% | +12.6% | +2.9% | +2.1% | +6.9% | +5.1% | −6.1% | 0.0% | +16.7% | +8.4% |
BIGTX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.83%
- 3-year Sharpe ratio: 1.02 (vs 4.5% risk-free rate)
- Best month: +11.06% (Nov 2024)
- Worst month: −8.89% (Dec 2024)
BIGTX Fund Flows
Monthly money in and out of The Texas Fund, from SEC Form N-PORT.
- 12-month net flow: $3.7M
- 12-month gross sales (incl. reinvestments): $8.6M
- Sales ÷ redemptions: 1.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $315K | $188K | $127K |
| Apr 2026 | $404K | $175K | $229K |
| Mar 2026 | $607K | $554K | $53K |
| Feb 2026 | $361K | $2.3M | −$2.0M |
| Jan 2026 | $849K | $67K | $782K |
| Dec 2025 | $3.1M | $94K | $3.0M |
| Nov 2025 | $839K | $478K | $361K |
| Oct 2025 | $1.2M | $760K | $450K |
| Sep 2025 | $635K | $68K | $567K |
| Aug 2025 | $94K | $59K | $35K |
| Jul 2025 | $75K | $25K | $50K |
| Jun 2025 | $88K | $134K | −$46K |
BIGTX Assets Under Management
Net assets of The Texas Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $21.65M |
| 2026-02-28 | $19.22M |
| 2025-11-30 | $16.67M |
| 2025-08-31 | $15.27M |
| 2025-05-31 | $13.68M |
| 2025-02-28 | $14.33M |
| 2024-11-30 | $15.79M |
| 2024-08-31 | $13.60M |
| 2024-05-31 | $12.90M |
| 2024-02-29 | $12.26M |
| 2023-11-30 | $11.24M |
| 2023-08-31 | $12.01M |
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.