FFBAX — First Foundation Fixed Income Fund
Data updated: 2026-08-27
FFBAX — First Foundation Fixed Income Fund. Long Total / Aggregate Bond · $62.64M AUM · 1.28% expense ratio. Holdings, fees, performance and SEC filings.
FFBAX Fund Overview
FFBAX — First Foundation Fixed Income Fund is a US mutual fund managed by Advisors' Inner Circle Fund III, categorised as Long Total / Aggregate Bond. 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: Long Total / Aggregate Bond
- Assets under management: $62.64M
- 1-year return: -38.2%
- Ticker: FFBAX
- SEC CIK: 0001593547
- SEC series ID: S000070256
- Share class ID: C000223440
FFBAX Holdings
Top 10 holdings of First Foundation Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Government National Mortgage Association | 4.85% |
| Freddie Mac | 3.06% |
| Intel Corporation | 2.99% |
| Freddie Mac | 2.86% |
| Federal National Mortgage Association | 2.64% |
| Lincoln National Corporation | 2.44% |
| Government National Mortgage Association | 2.39% |
| United States of America | 2.37% |
| Government National Mortgage Association | 2.30% |
| Humana Inc. | 2.28% |
FFBAX Portfolio Allocation
Asset-class allocation of First Foundation Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 89.7% |
| Securitized | 4.2% |
| Equity | 4.0% |
| Other | 2.4% |
FFBAX Performance
Total returns for FFBAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -22.1% |
| 1 year | -38.2% |
| 3 years (annualised) | -37.7% |
| 5 years (annualised) | -40.1% |
FFBAX Risk Information
Risk metrics for FFBAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
FFBAX Costs and Fees
FFBAX costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 1.28%
- Portfolio turnover: 22%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
FFBAX Cashflows
Over the 12 months to 2026-06, First Foundation Fixed Income Fund had net outflows of $13.02M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$200.84K |
| 2026-05 | −$1.32M |
| 2026-04 | −$426.91K |
| 2026-03 | −$185.78K |
| 2026-02 | −$524.08K |
| 2026-01 | −$1.13M |
FFBAX Debt Constituents
Largest debt holdings of First Foundation Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Government National Mortgage Association | 4.85% |
| Freddie Mac | 3.06% |
| Intel Corporation | 2.99% |
| Freddie Mac | 2.86% |
| Federal National Mortgage Association | 2.64% |
| Lincoln National Corporation | 2.44% |
| Government National Mortgage Association | 2.39% |
| Government National Mortgage Association | 2.30% |
| Humana Inc. | 2.28% |
| Enbridge Inc. | 2.28% |
FFBAX Prospectus and SEC Filings
Official First Foundation Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2025-01-28
- Prospectus (485BPOS) — filed 2024-01-26
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2025-12-12
- Annual census (N-CEN) — filed 2024-12-16
Related Funds
Other Long Total / Aggregate Bond 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.