C000196891 Performance — Alternative Strategies Fund
Data updated: 2026-07-28
C000196891 returned +4.02% year to date and +9.45% over one year to May 2026. Annualised returns are +7.01% over 3 years and +3.78% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $123, against $147 for the category, and to $109 over one year, against $119. Volatility over the past three years was 3.47% a year. In the 12 months to May 2026 the fund took in a net $18.0M, and assets reached $208.65M.
C000196891 Growth of $100
What $100 invested in Alternative Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | C000196891 | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $109 | $119 |
| 3 years (Jun 2023 – May 2026) | $123 | $147 |
| 5 years (Jun 2021 – May 2026) | $120 | $136 |
| Since data start (Sep 2019 – May 2026) | $136 | $173 |
C000196891 Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.02% |
| 1 year | +9.45% |
| 3 years (annualised) | +7.01% |
| 5 years (annualised) | +3.78% |
C000196891 Annual Returns
Calendar-year total returns of Alternative Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +4.02% |
| 2025 | +5.51% |
| 2024 | +6.60% |
| 2023 | +5.19% |
| 2022 | −2.28% |
| 2021 | +5.33% |
| 2020 | +5.20% |
| 2019 (Sep–Dec) | +1.89% |
C000196891 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 | +1.5% | +1.4% | −1.6% | +2.2% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +1.3% | +0.4% | −0.8% | −1.4% | +0.9% | +1.1% | +0.3% | +1.0% | +1.3% | +0.6% | +0.3% | +0.5% |
| 2024 | +0.9% | +1.7% | +2.4% | −0.7% | +0.6% | +0.6% | +0.6% | −0.1% | +1.2% | −1.6% | +1.3% | −0.4% |
| 2023 | +2.2% | −0.5% | −1.2% | +0.6% | −0.7% | +1.4% | +0.9% | −0.1% | +0.1% | −0.8% | +2.0% | +1.2% |
| 2022 | −0.6% | −0.3% | +1.3% | −0.6% | −0.4% | −1.9% | +1.0% | −0.3% | −1.8% | +0.9% | +1.1% | −0.6% |
| 2021 | −0.2% | +1.7% | +0.6% | +2.2% | +0.8% | +0.1% | +0.1% | +0.3% | −0.9% | +1.1% | −2.0% | +1.5% |
| 2020 | +0.3% | −1.8% | −8.0% | +3.2% | +2.0% | +1.3% | +2.3% | +1.9% | −1.7% | −0.5% | +4.2% | +2.5% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | −0.1% | +0.7% | +0.9% |
C000196891 Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 3.47%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +2.40% (Mar 2024)
- Worst month: −1.56% (Oct 2024)
C000196891 Fund Flows
Monthly money in and out of Alternative Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: $18.0M
- 12-month gross sales (incl. reinvestments): $63.3M
- Sales ÷ redemptions: 1.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.3M | $2.1M | $1.2M |
| Apr 2026 | $3.3M | $2.6M | $662K |
| Mar 2026 | $3.3M | $4.7M | −$1.5M |
| Feb 2026 | $3.4M | $2.9M | $491K |
| Jan 2026 | $20.0M | $13.2M | $6.8M |
| Dec 2025 | $8.6M | $2.9M | $5.7M |
| Nov 2025 | $3.3M | $2.6M | $707K |
| Oct 2025 | $6.2M | $3.8M | $2.4M |
| Sep 2025 | $4.0M | $2.8M | $1.2M |
| Aug 2025 | $2.8M | $2.7M | $118K |
| Jul 2025 | $2.6M | $2.3M | $352K |
| Jun 2025 | $2.6M | $2.8M | −$158K |
C000196891 Assets Under Management
Net assets of Alternative Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $208.65M |
| 2026-02-28 | $205.98M |
| 2025-11-30 | $194.71M |
| 2025-08-31 | $186.31M |
| 2025-05-31 | $181.55M |
| 2025-02-28 | $181.01M |
| 2024-11-30 | $175.98M |
| 2024-08-31 | $163.13M |
| 2024-05-31 | $160.99M |
| 2024-02-29 | $170.21M |
| 2023-11-30 | $157.13M |
| 2023-08-31 | $156.91M |
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.