C000147194 Performance — Salient Tactical Plus Fund, Class A
Data updated: 2022-11-17
C000147194 returned −49.29% over one year to Sep 2022. Over one year the fund trailed its Money Market category average: $100 grew to $51, against $86 for the category. Volatility over the past 12 months was 4.70% a year. In the 12 months to Sep 2022 the fund took in a net $4.5M, and assets reached $73.41M.
C000147194 Growth of $100
What $100 invested in Salient Tactical Plus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000147194 | Category average |
|---|---|---|
| 1 year (Oct 2021 – Sep 2022) | $51 | $86 |
| 3 years (Oct 2019 – Sep 2022) | $15 | $100 |
| Since data start (Jul 2019 – Sep 2022) | $12 | $100 |
C000147194 Trailing Returns
Total returns to Sep 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −49.29% |
3- and 5-year figures withheld: not verified.
C000147194 Annual Returns
Calendar-year total returns of Salient Tactical Plus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Sep) | −42.14% |
| 2021 | −46.30% |
| 2020 | −45.79% |
| 2019 (Jul–Dec) | −26.45% |
C000147194 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 | −7.0% | −6.3% | −5.4% | −5.9% | −6.4% | −5.5% | −5.7% | −6.0% | −5.0% | — | — | — |
| 2021 | −6.7% | −4.4% | −4.7% | −3.3% | −5.5% | −4.9% | −5.1% | −4.5% | −8.6% | −1.5% | −5.9% | −5.4% |
| 2020 | −5.5% | −6.3% | −8.0% | −4.3% | −4.9% | −3.6% | −2.5% | +0.6% | −12.3% | −6.1% | −2.4% | −3.7% |
| 2019 | — | — | — | — | — | — | −4.9% | −6.1% | −6.1% | −4.9% | −3.5% | −4.4% |
C000147194 Risk
Risk measures from monthly returns over Oct 2021 – Sep 2022.
- 1-year volatility (annualised): 4.70%
- Best month: −1.53% (Oct 2021)
- Worst month: −6.98% (Jan 2022)
C000147194 Fund Flows
Monthly money in and out of Salient Tactical Plus Fund, from SEC Form N-PORT.
- 12-month net flow: $4.5M
- 12-month gross sales (incl. reinvestments): $9.4M
- Sales ÷ redemptions: 1.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2022 | $248K | $285K | −$37K |
| Aug 2022 | $846K | $184K | $663K |
| Jul 2022 | $571K | $459K | $112K |
| Jun 2022 | $257K | $514K | −$257K |
| May 2022 | $669K | $197K | $471K |
| Apr 2022 | $387K | $169K | $217K |
| Mar 2022 | $2.5M | $817K | $1.7M |
| Feb 2022 | $1.0M | $333K | $681K |
| Jan 2022 | $1.8M | $1.0M | $822K |
| Dec 2021 | $562K | $316K | $246K |
| Nov 2021 | $157K | $342K | −$186K |
| Oct 2021 | $292K | $253K | $38K |
C000147194 Assets Under Management
Net assets of Salient Tactical Plus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-09-30 | $73.41M |
| 2022-06-30 | $72.68M |
| 2022-03-31 | $73.17M |
| 2021-12-31 | $71.54M |
| 2021-09-30 | $68.71M |
| 2021-06-30 | $74.55M |
| 2021-03-31 | $70.82M |
| 2020-12-31 | $69.69M |
| 2020-09-30 | $67.03M |
| 2020-06-30 | $64.12M |
| 2020-03-31 | $62.07M |
| 2019-12-31 | $60.45M |
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.