CUTAX — Six Circles Tax Aware Ultra Short Duration Fund
Data updated: 2026-08-27
CUTAX — Six Circles Tax Aware Ultra Short Duration Fund. Leveraged · $1.99B AUM · 0.18% expense ratio. Holdings, fees, performance and SEC filings.
CUTAX Fund Overview
CUTAX — Six Circles Tax Aware Ultra Short Duration Fund is a US mutual fund managed by Six Circles Trust, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Six Circles Trust
- Category: Leveraged
- Assets under management: $1.99B
- 1-year return: 3.8%
- Ticker: CUTAX
- SEC CIK: 0001724826
- SEC series ID: S000061648
- Share class ID: C000199640
CUTAX Holdings
Top 10 holdings of Six Circles Tax Aware Ultra Short Duration Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| US T Bill Zcp 09/03/26 | 3.00% |
| US Treas Nts 4% 05/31/28 | 1.70% |
| US T Bill Zcp 09/24/26 | 1.49% |
| Tohopekaliga Fl Wt 5% 10/01/30 | 1.37% |
| Black Belt Ener 5.25% 06/01/36 | 1.25% |
| Miami-Dade Cnty Fl 5% 02/01/32 | 1.11% |
| New Mexico St Seve 5% 07/01/36 | 1.09% |
| North Carolina St 5% 01/01/29 | 1.06% |
| Nevada St Highway 4% 12/01/34 | 1.01% |
| Arizona St Indl De 5% 11/01/31 | 0.88% |
CUTAX Portfolio Allocation
Asset-class allocation of Six Circles Tax Aware Ultra Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.5% |
| Cash & Equivalents | 6.5% |
| Securitized | 0.3% |
CUTAX Performance
Total returns for CUTAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 3.8% |
| 3 years (annualised) | 3.9% |
| 5 years (annualised) | 2.5% |
CUTAX Risk Information
Risk metrics for CUTAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.7%
CUTAX Costs and Fees
CUTAX costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.30%
- Portfolio turnover: 46%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
CUTAX Cashflows
Over the 12 months to 2026-06, Six Circles Tax Aware Ultra Short Duration Fund had net inflows of $1.03B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.10B |
| 2026-05 | $28.53M |
| 2026-04 | $6.42M |
| 2026-03 | −$92.85M |
| 2026-02 | −$81.49M |
| 2026-01 | −$6.95M |
CUTAX Debt Constituents
Largest debt holdings of Six Circles Tax Aware Ultra Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treas Nts 4% 05/31/28 | 1.70% |
| Tohopekaliga Fl Wt 5% 10/01/30 | 1.37% |
| Black Belt Ener 5.25% 06/01/36 | 1.25% |
| Miami-Dade Cnty Fl 5% 02/01/32 | 1.11% |
| New Mexico St Seve 5% 07/01/36 | 1.09% |
| North Carolina St 5% 01/01/29 | 1.06% |
| Nevada St Highway 4% 12/01/34 | 1.01% |
| Arizona St Indl De 5% 11/01/31 | 0.88% |
| Indiana St Fin Aut 5% 05/01/33 | 0.86% |
| Massachusetts St D 5% 10/01/36 | 0.85% |
CUTAX Prospectus and SEC Filings
Official Six Circles Tax Aware Ultra Short Duration Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2025-03-17
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-10
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Leveraged funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.