FLOAX Performance — DF Tactical Yield Fund, Class A
Data updated: 2026-09-14
FLOAX returned −0.62% year to date and +2.04% over one year to Jun 2026. Annualised returns are +5.12% over 3 years and +3.05% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $116, against $143 for the category, and to $102 over one year, against $116. Volatility over the past three years was 2.37% a year. In the 12 months to Jun 2026 the fund lost a net $38.6M, and assets reached $44.73M.
FLOAX Growth of $100
What $100 invested in DF Tactical Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | FLOAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $116 | $143 |
| 5 years (Jul 2021 – Jun 2026) | $116 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $124 | $173 |
FLOAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.62% |
| 1 year | +2.04% |
| 3 years (annualised) | +5.12% |
| 5 years (annualised) | +3.05% |
FLOAX Annual Returns
Calendar-year total returns of DF Tactical Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −0.62% |
| 2025 | +2.39% |
| 2024 | +8.10% |
| 2023 | +9.24% |
| 2022 | −3.72% |
| 2021 | +2.32% |
| 2020 | +3.63% |
| 2019 (Jul–Dec) | +1.23% |
FLOAX 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% | −0.6% | +0.7% | +0.2% | +0.1% | — | — | — | — | — | — |
| 2025 | +0.7% | +0.2% | −0.9% | −1.8% | +0.6% | +1.0% | +0.5% | +0.4% | +0.5% | +0.2% | +0.3% | +0.7% |
| 2024 | +0.6% | +0.7% | +0.9% | +0.2% | +0.8% | +0.3% | +1.0% | +0.8% | +0.9% | +0.6% | +0.8% | +0.3% |
| 2023 | +0.3% | +0.3% | +0.4% | +0.4% | −0.4% | +2.4% | +0.9% | +0.9% | +0.3% | −0.1% | +1.4% | +2.1% |
| 2022 | −0.5% | −0.7% | −0.4% | −0.7% | −0.2% | 0.0% | 0.0% | −0.9% | −1.0% | +0.1% | +0.3% | +0.3% |
| 2021 | +0.6% | +0.4% | 0.0% | +0.2% | +0.4% | +0.2% | −0.3% | +0.2% | +0.2% | 0.0% | −0.8% | +1.1% |
| 2020 | 0.0% | −1.8% | −1.3% | 0.0% | +0.4% | −0.6% | +2.2% | +1.0% | 0.0% | 0.0% | +2.5% | +1.3% |
| 2019 | — | — | — | — | — | — | +0.6% | −0.5% | +0.1% | −0.5% | +0.1% | +1.5% |
FLOAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.37%
- 3-year Sharpe ratio: 0.26 (vs 4.5% risk-free rate)
- Best month: +2.05% (Dec 2023)
- Worst month: −1.84% (Apr 2025)
FLOAX Fund Flows
Monthly money in and out of DF Tactical Yield Fund, from SEC Form N-PORT.
- 12-month net flow: −$38.6M
- 12-month gross sales (incl. reinvestments): $14.2M
- Sales ÷ redemptions: 0.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.2M | $1.8M | −$608K |
| May 2026 | $764K | $950K | −$186K |
| Apr 2026 | $271K | $781K | −$510K |
| Mar 2026 | $1.4M | $842K | $587K |
| Feb 2026 | $1.6M | $3.1M | −$1.4M |
| Jan 2026 | $591K | $573K | $17K |
| Dec 2025 | $2.0M | $2.1M | −$126K |
| Nov 2025 | $840K | $4.3M | −$3.5M |
| Oct 2025 | $814K | $2.0M | −$1.1M |
| Sep 2025 | $2.9M | $33.3M | −$30.4M |
| Aug 2025 | $925K | $1.5M | −$556K |
| Jul 2025 | $914K | $1.6M | −$659K |
FLOAX Assets Under Management
Net assets of DF Tactical Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $44.73M |
| 2026-03-31 | $46.18M |
| 2025-12-31 | $48.71M |
| 2025-09-30 | $53.22M |
| 2025-06-30 | $84.93M |
| 2025-03-31 | $101.43M |
| 2024-12-31 | $90.77M |
| 2024-09-30 | $51.42M |
| 2024-06-30 | $88.32M |
| 2024-03-31 | $64.77M |
| 2023-12-31 | $58.01M |
| 2023-09-30 | $69.10M |
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.