FCFAX Performance — Frost Credit Fund, Investor Class Shares
Data updated: 2026-10-13
FCFAX returned +0.60% year to date and +3.08% over one year to Jul 2026. Annualised returns are +6.44% over 3 years and +3.49% over 5 years. Against its Global Intermediate Core Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $121, against $115 for the category, and to $103 over one year, against $103. Volatility over the past three years was 3.17% a year. In the 12 months to Jul 2026 the fund lost a net $8.5M, and assets reached $481.30M.
FCFAX Growth of $100
What $100 invested in Frost Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Core Bond category average over the same months.
| Period | FCFAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $121 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $119 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $133 | $111 |
FCFAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.60% |
| 1 year | +3.08% |
| 3 years (annualised) | +6.44% |
| 5 years (annualised) | +3.49% |
FCFAX Annual Returns
Calendar-year total returns of Frost Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.60% |
| 2025 | +5.84% |
| 2024 | +10.07% |
| 2023 | +8.77% |
| 2022 | −6.89% |
| 2021 | +5.63% |
| 2020 | +3.69% |
| 2019 (Aug–Dec) | +2.69% |
FCFAX 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 | +0.2% | +0.7% | −1.2% | +0.7% | −0.6% | +0.2% | +0.6% | — | — | — | — | — |
| 2025 | +0.9% | −0.5% | −0.5% | +1.1% | +0.3% | +1.1% | +0.8% | +0.2% | +0.8% | +1.0% | +0.7% | −0.2% |
| 2024 | +3.2% | −0.5% | +1.2% | +0.1% | +1.5% | +0.6% | +1.5% | −0.6% | +1.2% | +1.0% | +0.8% | −0.4% |
| 2023 | +2.5% | +1.4% | +0.6% | −0.7% | +1.2% | +0.7% | −0.1% | −0.6% | −0.7% | +0.6% | +1.2% | +2.4% |
| 2022 | −0.2% | −2.1% | −1.4% | −0.9% | +1.6% | −2.5% | −1.0% | 0.0% | −2.8% | −0.3% | +2.7% | 0.0% |
| 2021 | +2.5% | +0.9% | +0.1% | +0.2% | +0.5% | +0.8% | +0.5% | 0.0% | +0.1% | +0.5% | −1.0% | +0.5% |
| 2020 | +0.3% | +1.0% | −10.5% | −0.3% | +1.7% | +3.8% | +3.6% | +0.2% | +0.8% | +1.1% | +1.1% | +1.6% |
| 2019 | — | — | — | — | — | — | — | 0.0% | +0.2% | +0.3% | +1.4% | +0.9% |
FCFAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.17%
- 3-year Sharpe ratio: 0.61 (vs 4.5% risk-free rate)
- Best month: +3.24% (Jan 2024)
- Worst month: −1.23% (Mar 2026)
FCFAX Fund Flows
Monthly money in and out of Frost Credit Fund, from SEC Form N-PORT.
- 12-month net flow: −$8.5M
- 12-month gross sales (incl. reinvestments): $184.7M
- Sales ÷ redemptions: 0.96×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $12.3M | $11.8M | $439K |
| Jun 2026 | $10.8M | $9.0M | $1.8M |
| May 2026 | $12.0M | $17.2M | −$5.2M |
| Apr 2026 | $12.8M | $28.0M | −$15.3M |
| Mar 2026 | $11.7M | $17.5M | −$5.9M |
| Feb 2026 | $12.9M | $10.7M | $2.1M |
| Jan 2026 | $13.4M | $9.7M | $3.8M |
| Dec 2025 | $15.4M | $25.9M | −$10.5M |
| Nov 2025 | $18.4M | $17.4M | $1.1M |
| Oct 2025 | $23.2M | $24.6M | −$1.4M |
| Sep 2025 | $20.6M | $8.8M | $11.8M |
| Aug 2025 | $21.1M | $12.5M | $8.7M |
FCFAX Assets Under Management
Net assets of Frost Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $481.30M |
| 2026-04-30 | $491.23M |
| 2026-01-31 | $517.15M |
| 2025-10-31 | $527.08M |
| 2025-07-31 | $505.53M |
| 2025-04-30 | $454.33M |
| 2025-01-31 | $461.33M |
| 2024-10-31 | $385.65M |
| 2024-07-31 | $316.17M |
| 2024-04-30 | $214.45M |
| 2024-01-31 | $195.84M |
| 2023-10-31 | $164.50M |
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.