C000083502 Performance — Tax-Aware Overlay C Portfolio, Class 2
Data updated: 2024-02-27
C000083502 returned +7.80% over one year to Dec 2023. The annualised 3-year return is +0.53%. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $102, against $98 for the category, and to $108 over one year, against $105. Volatility over the past three years was 8.10% a year. In the 12 months to Dec 2023 the fund lost a net $167.1M, and assets reached $163.96M.
C000083502 Growth of $100
What $100 invested in Tax-Aware Overlay C Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | C000083502 | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $108 | $105 |
| 3 years (Jan 2021 – Dec 2023) | $102 | $98 |
| Since data start (Jul 2019 – Dec 2023) | $111 | $104 |
C000083502 Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.80% |
| 3 years (annualised) | +0.53% |
C000083502 Annual Returns
Calendar-year total returns of Tax-Aware Overlay C Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +7.80% |
| 2022 | −12.68% |
| 2021 | +7.93% |
| 2020 | +6.09% |
| 2019 (Jul–Dec) | +2.59% |
C000083502 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +3.5% | −2.6% | +2.1% | +0.3% | −1.1% | +1.9% | +1.3% | −1.6% | −3.1% | −1.7% | +5.7% | +3.4% |
| 2022 | −3.6% | −1.1% | −1.1% | −3.6% | +0.6% | −2.4% | +3.0% | −2.6% | −4.8% | +0.6% | +3.0% | −1.1% |
| 2021 | +0.3% | +0.4% | +1.5% | +2.1% | +0.7% | +0.6% | +0.9% | +0.7% | −1.9% | +1.8% | −0.6% | +1.3% |
| 2020 | +0.1% | −2.3% | −7.2% | +1.0% | +3.1% | +2.0% | +2.9% | +2.2% | −1.3% | −1.0% | +5.0% | +2.0% |
| 2019 | — | — | — | — | — | — | +0.4% | −0.2% | −0.4% | +0.7% | +0.7% | +1.2% |
C000083502 Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 8.10%
- 3-year Sharpe ratio: -0.49 (vs 4.5% risk-free rate)
- Best month: +5.71% (Nov 2023)
- Worst month: −4.80% (Sep 2022)
C000083502 Fund Flows
Monthly money in and out of Tax-Aware Overlay C Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$167.1M
- 12-month gross sales (incl. reinvestments): $11.5M
- Sales ÷ redemptions: 0.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $3.4M | $10.5M | −$7.2M |
| Nov 2023 | $525K | $8.9M | −$8.4M |
| Oct 2023 | $227K | $7.8M | −$7.6M |
| Sep 2023 | $144K | $8.1M | −$8.0M |
| Aug 2023 | $1.6M | $6.3M | −$4.8M |
| Jul 2023 | $553K | $10.1M | −$9.5M |
| Jun 2023 | $510K | $7.8M | −$7.2M |
| May 2023 | $505K | $13.8M | −$13.2M |
| Apr 2023 | $496K | $67.7M | −$67.3M |
| Mar 2023 | $1.0M | $14.3M | −$13.2M |
| Feb 2023 | $1.7M | $13.3M | −$11.6M |
| Jan 2023 | $846K | $10.0M | −$9.1M |
C000083502 Assets Under Management
Net assets of Tax-Aware Overlay C Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $163.96M |
| 2023-09-30 | $179.47M |
| 2023-06-30 | $208.42M |
| 2023-03-31 | $293.96M |
| 2022-12-31 | $318.86M |
| 2022-09-30 | $367.09M |
| 2022-06-30 | $410.27M |
| 2022-03-31 | $470.61M |
| 2021-12-31 | $504.01M |
| 2021-09-30 | $501.65M |
| 2021-06-30 | $510.47M |
| 2021-03-31 | $515.20M |
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.