FLBDX Performance — Tactical Income Fund, Retail Class
Data updated: 2026-08-05
FLBDX returned +0.02% year to date and +0.07% over one year to Jun 2026. Annualised returns are +0.07% over 3 years and +0.03% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $100, against $170 for the category, and to $100 over one year, against $110. Volatility over the past three years was 0.03% a year. In the 12 months to Jun 2026 the fund took in a net $37.1M, and assets reached $156.95M.
FLBDX Growth of $100
What $100 invested in Tactical Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | FLBDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $100 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $100 | $170 |
| 5 years (Jul 2021 – Jun 2026) | $100 | $159 |
| Since data start (Jul 2019 – Jun 2026) | $100 | $190 |
FLBDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.02% |
| 1 year | +0.07% |
| 3 years (annualised) | +0.07% |
| 5 years (annualised) | +0.03% |
FLBDX Annual Returns
Calendar-year total returns of Tactical Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.02% |
| 2025 | +0.07% |
| 2024 | +0.06% |
| 2023 | +0.07% |
| 2022 | −0.06% |
| 2021 | −0.02% |
| 2020 | +0.07% |
| 2019 (Jul–Dec) | +0.02% |
FLBDX 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 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — |
| 2025 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2024 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2023 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2022 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2021 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2020 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
FLBDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 0.03%
- Best month: +0.03% (Dec 2023)
- Worst month: −0.01% (Mar 2026)
FLBDX Fund Flows
Monthly money in and out of Tactical Income Fund, from SEC Form N-PORT.
- 12-month net flow: $37.1M
- 12-month gross sales (incl. reinvestments): $72.4M
- Sales ÷ redemptions: 2.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.1M | $2.7M | $5.4M |
| May 2026 | $8.0M | $5.1M | $2.9M |
| Apr 2026 | $4.5M | $2.8M | $1.7M |
| Mar 2026 | $5.9M | $3.2M | $2.7M |
| Feb 2026 | $10.4M | $2.3M | $8.1M |
| Jan 2026 | $8.8M | $4.5M | $4.3M |
| Dec 2025 | $6.4M | $2.5M | $3.9M |
| Nov 2025 | $5.3M | $2.5M | $2.9M |
| Oct 2025 | $3.2M | $2.6M | $599K |
| Sep 2025 | $4.5M | $1.9M | $2.6M |
| Aug 2025 | $3.2M | $2.7M | $568K |
| Jul 2025 | $4.2M | $2.7M | $1.5M |
FLBDX Assets Under Management
Net assets of Tactical Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $156.95M |
| 2026-03-31 | $145.29M |
| 2025-12-31 | $131.51M |
| 2025-09-30 | $124.12M |
| 2025-06-30 | $117.58M |
| 2025-03-31 | $116.47M |
| 2024-12-31 | $102.37M |
| 2024-09-30 | $95.53M |
| 2024-06-30 | $74.31M |
| 2024-03-31 | $70.34M |
| 2023-12-31 | $70.03M |
| 2023-09-30 | $67.25M |
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.