FBBYX — First Foundation Total Return Fund
Data updated: 2026-05-28
FBBYX — First Foundation Total Return Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity · $66.51M AUM · 1.07% expense ratio · 3.4% 1-yr return. From SEC regulatory filings.
FBBYX Fund Overview
FBBYX — First Foundation Total Return Fund is a US mutual fund managed by Advisors' Inner Circle Fund III, categorised as Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund III
- Category: Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $66.51M
- 1-year return: 3.4%
- Ticker: FBBYX
- SEC CIK: 0001593547
- SEC series ID: S000070257
- Share class ID: C000223442
FBBYX Holdings
Top 10 holdings of First Foundation Total Return Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Compagnie De L'odet SE | 9.87% |
| Bollore SE | 8.51% |
| United States of America | 7.62% |
| Lagardere SA | 5.82% |
| Prairiesky Royalty Ltd. | 4.46% |
| Alphabet Inc. | 4.19% |
| United States of America | 4.06% |
| Joint Corp | 4.05% |
| Keweenaw Land Association Ltd | 3.93% |
| Berkshire Hathaway Inc. | 3.64% |
FBBYX Portfolio Allocation
Asset-class allocation of First Foundation Total Return Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 80.2% |
| Other | 14.1% |
| Fixed Income | 4.2% |
| Cash & Equivalents | 1.1% |
FBBYX Performance
Total returns for FBBYX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -5.5% |
| 1 year | 3.4% |
| 3 years (annualised) | 5.3% |
| 5 years (annualised) | 8.1% |
FBBYX Risk Information
Risk metrics for FBBYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.3%
FBBYX Costs and Fees
FBBYX costs about $107 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.07%
- Gross expense ratio: 1.07%
- Portfolio turnover: 22%
- Brokerage commissions: 4.45 bps of average net assets (SEC N-CEN)
FBBYX Cashflows
Over the 12 months to 2026-03, First Foundation Total Return Fund had net outflows of $18.97M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$2.72M |
| 2026-02 | −$1.80M |
| 2026-01 | −$1.93M |
| 2025-12 | −$3.67M |
| 2025-11 | −$1.42M |
| 2025-10 | $1.44M |
FBBYX Debt Constituents
Largest debt holdings of First Foundation Total Return Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 1.47% |
| United States of America | 1.12% |
| Federal Farm Credit Banks Funding Corporation | 0.72% |
| The Federal Home Loan Banks | 0.35% |
| Federal National Mortgage Association | 0.09% |
| Federal National Mortgage Association | 0.07% |
| Federal National Mortgage Association | 0.05% |
| Federal National Mortgage Association | 0.04% |
| Federal National Mortgage Association | 0.04% |
| Government National Mortgage Association 2 | 0.04% |
FBBYX Prospectus and SEC Filings
Official First Foundation Total Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity 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.