DPFAX Performance — Deer Park Total Return Credit Fund, Class A
Data updated: 2026-08-27
DPFAX returned +0.25% year to date and +2.77% over one year to Jun 2026. Annualised returns are +3.37% over 3 years and +0.14% over 5 years. The fund trailed its Intermediate Securitized Bond category average: $100 invested three years ago grew to $110, against $116 for the category, and to $103 over one year, against $105. Volatility over the past three years was 4.16% a year. In the 12 months to Jun 2026 the fund lost a net $21.8M, and assets reached $92.09M.
DPFAX Growth of $100
What $100 invested in Deer Park Total Return Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | DPFAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $116 |
| 5 years (Jul 2021 – Jun 2026) | $101 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $108 | $113 |
DPFAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.25% |
| 1 year | +2.77% |
| 3 years (annualised) | +3.37% |
| 5 years (annualised) | +0.14% |
DPFAX Annual Returns
Calendar-year total returns of Deer Park Total Return Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.25% |
| 2025 | +7.41% |
| 2024 | −1.81% |
| 2023 | +4.22% |
| 2022 | −11.37% |
| 2021 | +7.75% |
| 2020 | +0.66% |
| 2019 (Jul–Dec) | +2.37% |
DPFAX 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 | +0.5% | +1.2% | −1.8% | +0.5% | −0.3% | +0.1% | — | — | — | — | — | — |
| 2025 | +0.1% | +1.7% | +0.7% | +1.2% | +0.1% | +0.8% | −1.6% | +0.9% | +1.2% | +0.4% | +2.2% | −0.5% |
| 2024 | +0.5% | −1.1% | +0.3% | −1.1% | 0.0% | +0.8% | +0.3% | −0.3% | +1.1% | −2.3% | +0.6% | −0.8% |
| 2023 | +0.9% | −0.6% | −1.0% | +1.2% | −0.6% | −0.1% | +0.9% | +0.8% | −1.7% | −1.1% | +2.5% | +3.1% |
| 2022 | 0.0% | −0.6% | −1.8% | −0.8% | −2.6% | −1.6% | +0.3% | −0.2% | −2.3% | −1.9% | −0.3% | −0.2% |
| 2021 | +1.6% | +0.6% | +0.1% | +0.8% | +0.8% | +0.6% | +0.7% | +0.5% | +1.1% | +0.5% | −0.1% | +0.3% |
| 2020 | +1.4% | +0.6% | −15.9% | +4.5% | +3.4% | +2.3% | +1.1% | +1.4% | +1.7% | +0.1% | +0.8% | +0.8% |
| 2019 | — | — | — | — | — | — | +0.6% | +0.8% | +0.4% | +0.6% | 0.0% | −0.1% |
DPFAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.16%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +3.14% (Dec 2023)
- Worst month: −2.28% (Oct 2024)
DPFAX Fund Flows
Monthly money in and out of Deer Park Total Return Credit Fund, from SEC Form N-PORT.
- 12-month net flow: −$21.8M
- 12-month gross sales (incl. reinvestments): $15.8M
- Sales ÷ redemptions: 0.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $774K | $1.7M | −$951K |
| May 2026 | $696K | $2.2M | −$1.5M |
| Apr 2026 | $3.5M | $2.1M | $1.3M |
| Mar 2026 | $1.6M | $1.6M | $31K |
| Feb 2026 | $990K | $2.7M | −$1.7M |
| Jan 2026 | $1.9M | $4.6M | −$2.8M |
| Dec 2025 | $1.4M | $7.3M | −$5.9M |
| Nov 2025 | $785K | $4.2M | −$3.4M |
| Oct 2025 | $1.1M | $4.1M | −$3.0M |
| Sep 2025 | $1.0M | $2.0M | −$995K |
| Aug 2025 | $1.1M | $2.1M | −$950K |
| Jul 2025 | $944K | $3.0M | −$2.0M |
DPFAX Assets Under Management
Net assets of Deer Park Total Return Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $92.09M |
| 2026-03-31 | $94.52M |
| 2025-12-31 | $100.74M |
| 2025-09-30 | $112.75M |
| 2025-06-30 | $118.25M |
| 2025-03-31 | $122.23M |
| 2024-12-31 | $116.61M |
| 2024-09-30 | $193.11M |
| 2024-06-30 | $272.08M |
| 2024-03-31 | $307.49M |
| 2023-12-31 | $335.49M |
| 2023-09-30 | $392.88M |
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.