C000216704 Performance — Multi-Manager Value Strategies Fund, Institutional 3 Class
Data updated: 2026-09-24
C000216704 returned +16.91% over one year to Apr 2024. The annualised 3-year return is +5.97%. Against its US Large Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $119, against $120 for the category, and to $117 over one year, against $116. Volatility over the past three years was 16.73% a year. In the 12 months to May 2026 the fund took in a net $330.2M, and assets reached $5.62B.
C000216704 Growth of $100
What $100 invested in Multi-Manager Value Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | C000216704 | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $117 | $116 |
| 3 years (May 2021 – Apr 2024) | $119 | $120 |
| Since data start (Dec 2019 – Apr 2024) | $147 | $150 |
C000216704 Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +16.91% |
| 3 years (annualised) | +5.97% |
C000216704 Annual Returns
Calendar-year total returns of Multi-Manager Value Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Apr) | +5.87% |
| 2023 | +12.03% |
| 2022 | −7.88% |
| 2021 | +25.60% |
| 2020 | +5.95% |
| 2019 (Dec–Dec) | +0.90% |
C000216704 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.7% | +4.0% | +5.2% | −3.9% | — | — | — | — | — | — | — | — |
| 2023 | +5.1% | −3.4% | −1.4% | +1.3% | −3.6% | +6.9% | +3.7% | −2.4% | −3.4% | −3.4% | +7.4% | +5.7% |
| 2022 | −2.3% | −1.6% | +2.4% | −5.8% | +2.7% | −9.4% | +6.4% | −2.8% | −8.5% | +11.0% | +6.2% | −4.2% |
| 2021 | −1.1% | +5.8% | +6.3% | +3.7% | +2.3% | −1.1% | +1.0% | +1.9% | −3.8% | +5.5% | −2.8% | +6.1% |
| 2020 | −2.5% | −9.3% | −16.1% | +12.0% | +3.7% | 0.0% | +4.7% | +4.8% | −2.4% | −1.7% | +13.1% | +3.3% |
| 2019 | — | — | — | — | — | — | — | — | — | — | — | +0.9% |
C000216704 Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 16.73%
- 3-year Sharpe ratio: 0.09 (vs 4.5% risk-free rate)
- Best month: +11.02% (Oct 2022)
- Worst month: −9.42% (Jun 2022)
C000216704 Fund Flows
Monthly money in and out of Multi-Manager Value Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: $330.2M
- 12-month gross sales (incl. reinvestments): $1.8B
- Sales ÷ redemptions: 1.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $132.9M | $91.6M | $41.3M |
| Apr 2026 | $46.9M | $84.6M | −$37.7M |
| Mar 2026 | $66.1M | $83.2M | −$17.1M |
| Feb 2026 | $50.5M | $445.1M | −$394.6M |
| Jan 2026 | $41.3M | $72.1M | −$30.8M |
| Dec 2025 | $753.3M | $76.3M | $677.0M |
| Nov 2025 | $58.8M | $226.2M | −$167.4M |
| Oct 2025 | $53.4M | $86.4M | −$32.9M |
| Sep 2025 | $68.0M | $75.7M | −$7.7M |
| Aug 2025 | $375.6M | $71.7M | $304.0M |
| Jul 2025 | $49.6M | $61.9M | −$12.3M |
| Jun 2025 | $66.0M | $57.6M | $8.4M |
C000216704 Assets Under Management
Net assets of Multi-Manager Value Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $5.62B |
| 2026-02-28 | $5.57B |
| 2025-11-30 | $5.54B |
| 2025-08-31 | $5.63B |
| 2025-05-31 | $4.98B |
| 2025-02-28 | $4.87B |
| 2024-11-30 | $5.23B |
| 2024-08-31 | $5.34B |
| 2024-05-31 | $5.29B |
| 2024-02-29 | $4.99B |
| 2023-11-30 | $4.56B |
| 2023-08-31 | $4.37B |
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.