C000216710 Performance — Multi-Manager Small Cap Equity Strategies Fund, Institutional 3 Class
Data updated: 2026-07-29
C000216710 returned +11.91% over one year to Apr 2024. The annualised 3-year return is −1.99%. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $94, against $97 for the category, and to $112 over one year, against $113. Volatility over the past three years was 20.54% a year. In the 12 months to May 2026 the fund lost a net $1.2B, and assets reached $1.29B.
C000216710 Growth of $100
What $100 invested in Multi-Manager Small Cap Equity Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | C000216710 | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $112 | $113 |
| 3 years (May 2021 – Apr 2024) | $94 | $97 |
| Since data start (Dec 2019 – Apr 2024) | $132 | $137 |
C000216710 Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.91% |
| 3 years (annualised) | −1.99% |
C000216710 Annual Returns
Calendar-year total returns of Multi-Manager Small Cap Equity Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Apr) | −2.15% |
| 2023 | +15.87% |
| 2022 | −19.70% |
| 2021 | +19.90% |
| 2020 | +20.62% |
| 2019 (Dec–Dec) | +0.13% |
C000216710 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 | −3.2% | +5.1% | +3.4% | −6.9% | — | — | — | — | — | — | — | — |
| 2023 | +9.7% | −1.3% | −4.8% | −1.7% | −1.9% | +8.6% | +5.3% | −4.2% | −5.6% | −6.7% | +8.5% | +11.3% |
| 2022 | −8.4% | +0.6% | 0.0% | −9.3% | +0.8% | −7.8% | +9.2% | −2.8% | −9.5% | +10.2% | +3.6% | −5.8% |
| 2021 | +2.3% | +7.7% | +1.6% | +3.6% | −0.4% | +0.5% | −1.5% | +2.0% | −1.8% | +5.3% | −3.8% | +3.2% |
| 2020 | −2.7% | −8.6% | −21.8% | +14.4% | +7.1% | +3.0% | +3.8% | +5.1% | −3.5% | +3.4% | +16.6% | +8.4% |
| 2019 | — | — | — | — | — | — | — | — | — | — | — | +0.1% |
C000216710 Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 20.54%
- 3-year Sharpe ratio: -0.32 (vs 4.5% risk-free rate)
- Best month: +11.32% (Dec 2023)
- Worst month: −9.52% (Sep 2022)
C000216710 Fund Flows
Monthly money in and out of Multi-Manager Small Cap Equity Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.2B
- 12-month gross sales (incl. reinvestments): $319.5M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $12.9M | $22.0M | −$9.1M |
| Apr 2026 | $11.2M | $19.6M | −$8.5M |
| Mar 2026 | $10.4M | $19.6M | −$9.3M |
| Feb 2026 | $12.3M | $362.2M | −$349.9M |
| Jan 2026 | $11.2M | $20.5M | −$9.3M |
| Dec 2025 | $135.9M | $21.1M | $114.8M |
| Nov 2025 | $36.8M | $28.6M | $8.2M |
| Oct 2025 | $14.0M | $22.9M | −$8.8M |
| Sep 2025 | $13.8M | $20.9M | −$7.1M |
| Aug 2025 | $16.4M | $919.3M | −$902.9M |
| Jul 2025 | $23.1M | $28.0M | −$4.9M |
| Jun 2025 | $21.6M | $26.3M | −$4.8M |
C000216710 Assets Under Management
Net assets of Multi-Manager Small Cap Equity Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.29B |
| 2026-02-28 | $1.23B |
| 2025-11-30 | $1.51B |
| 2025-08-31 | $1.50B |
| 2025-05-31 | $2.22B |
| 2025-02-28 | $2.19B |
| 2024-11-30 | $2.05B |
| 2024-08-31 | $1.65B |
| 2024-05-31 | $1.54B |
| 2024-02-29 | $1.52B |
| 2023-11-30 | $1.39B |
| 2023-08-31 | $1.39B |
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.