C000076433 Performance — Salient Global Real Estate Fund, Investor Class
Data updated: 2022-11-17
C000076433 returned −23.39% over one year to Sep 2022. The annualised 3-year return is −6.76%. Against its Global Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $81, against $97 for the category, and to $77 over one year, against $74. Volatility over the past three years was 24.89% a year. In the 12 months to Sep 2022 the fund lost a net $1.1M, and assets reached $20.10M.
C000076433 Growth of $100
What $100 invested in Salient Global Real Estate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Blend category average over the same months.
| Period | C000076433 | Category average |
|---|---|---|
| 1 year (Oct 2021 – Sep 2022) | $77 | $74 |
| 3 years (Oct 2019 – Sep 2022) | $81 | $97 |
| Since data start (Jul 2019 – Sep 2022) | $84 | $98 |
C000076433 Trailing Returns
Total returns to Sep 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −23.39% |
| 3 years (annualised) | −6.76% |
C000076433 Annual Returns
Calendar-year total returns of Salient Global Real Estate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Sep) | −27.76% |
| 2021 | +21.72% |
| 2020 | −10.34% |
| 2019 (Jul–Dec) | +6.11% |
C000076433 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −4.5% | −0.9% | +3.7% | −5.5% | −1.5% | −10.2% | +7.3% | −7.4% | −11.4% | — | — | — |
| 2021 | +0.1% | +6.2% | +1.7% | +3.8% | +2.9% | −0.6% | +2.2% | +1.5% | −3.7% | +3.6% | −3.1% | +5.7% |
| 2020 | −1.5% | −6.9% | −24.6% | +9.7% | −2.7% | +2.4% | −0.5% | +4.8% | −3.5% | −4.4% | +20.7% | +2.3% |
| 2019 | — | — | — | — | — | — | −1.0% | +0.4% | +3.8% | +1.9% | −1.0% | +1.9% |
C000076433 Risk
Risk measures from monthly returns over Oct 2019 – Sep 2022.
- 3-year volatility (annualised): 24.89%
- 3-year Sharpe ratio: -0.45 (vs 4.5% risk-free rate)
- Best month: +20.72% (Nov 2020)
- Worst month: −24.62% (Mar 2020)
C000076433 Fund Flows
Monthly money in and out of Salient Global Real Estate Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.1M
- 12-month gross sales (incl. reinvestments): $2.9M
- Sales ÷ redemptions: 0.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2022 | $290K | $296K | −$6K |
| Aug 2022 | $52K | $468K | −$417K |
| Jul 2022 | $14K | $301K | −$288K |
| Jun 2022 | $165K | $415K | −$250K |
| May 2022 | $910K | $674K | $236K |
| Apr 2022 | $85K | $130K | −$45K |
| Mar 2022 | $146K | $272K | −$127K |
| Feb 2022 | $300K | $95K | $205K |
| Jan 2022 | $41K | $257K | −$215K |
| Dec 2021 | $711K | $552K | $159K |
| Nov 2021 | $141K | $362K | −$222K |
| Oct 2021 | $68K | $206K | −$138K |
C000076433 Assets Under Management
Net assets of Salient Global Real Estate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-09-30 | $20.10M |
| 2022-06-30 | $23.66M |
| 2022-03-31 | $28.54M |
| 2021-12-31 | $29.32M |
| 2021-09-30 | $28.24M |
| 2021-06-30 | $28.81M |
| 2021-03-31 | $27.74M |
| 2020-12-31 | $27.12M |
| 2020-09-30 | $24.98M |
| 2020-06-30 | $26.19M |
| 2020-03-31 | $25.61M |
| 2019-12-31 | $39.47M |
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.