C000115420 Performance — Kellner Merger Fund, Investor Class
Data updated: 2021-03-16
C000115420 returned +0.09% over one year to Dec 2020. Over one year the fund trailed its International Blend category average: $100 grew to $100, against $110 for the category. Volatility over the past 12 months was 7.38% a year. In the 12 months to Dec 2020 the fund took in a net $105.1M, and assets reached $101.04M.
C000115420 Growth of $100
What $100 invested in Kellner Merger Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Blend category average over the same months.
| Period | C000115420 | Category average |
|---|---|---|
| 1 year (Jan 2020 – Dec 2020) | $100 | $110 |
C000115420 Trailing Returns
Total returns to Dec 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.09% |
C000115420 Annual Returns
Calendar-year total returns of Kellner Merger Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 | +0.09% |
C000115420 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | +0.3% | −0.4% | −4.6% | +3.8% | −2.2% | −0.5% | +1.9% | −0.2% | −0.7% | +1.5% | +1.7% | −0.3% |
C000115420 Risk
Risk measures from monthly returns over Jan 2020 – Dec 2020.
- 1-year volatility (annualised): 7.38%
- Best month: +3.79% (Apr 2020)
- Worst month: −4.57% (Mar 2020)
C000115420 Fund Flows
Monthly money in and out of Kellner Merger Fund, from SEC Form N-PORT.
- 12-month net flow: $105.1M
- 12-month gross sales (incl. reinvestments): $22.0M
- Sales ÷ redemptions: -0.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2020 | $2.7M | −$2.5M | $5.1M |
| Nov 2020 | $364K | −$1.3M | $1.6M |
| Oct 2020 | $594K | −$3.7M | $4.3M |
| Sep 2020 | $362K | −$4.6M | $4.9M |
| Aug 2020 | $1.2M | −$1.4M | $2.6M |
| Jul 2020 | $1.3M | −$4.1M | $5.4M |
| Jun 2020 | $1.5M | −$6.0M | $7.5M |
| May 2020 | $1.5M | −$12.2M | $13.7M |
| Apr 2020 | $3.9M | −$9.2M | $13.1M |
| Mar 2020 | $4.0M | −$29.9M | $33.9M |
| Feb 2020 | $1.5M | −$3.9M | $5.4M |
| Jan 2020 | $3.1M | −$4.3M | $7.4M |
C000115420 Assets Under Management
Net assets of Kellner Merger Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-12-31 | $101.04M |
| 2020-09-30 | $103.89M |
| 2020-06-30 | $109.95M |
| 2020-03-31 | $128.75M |
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.