FLXIX Performance — Absolute Flexible Fund, Institutional Class Shares
Data updated: 2026-08-25
FLXIX returned +8.98% year to date and +17.19% over one year to Jun 2026. The annualised 3-year return is +9.76%. The fund beat its Ultrashort Corporate Bond category average: $100 invested three years ago grew to $132, against $123 for the category, and to $117 over one year, against $106. Volatility over the past three years was 3.72% a year. In the 12 months to Jun 2026 the fund took in a net $8.0M, and assets reached $41.08M.
FLXIX Growth of $100
What $100 invested in Absolute Flexible Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | FLXIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $132 | $123 |
FLXIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.98% |
| 1 year | +17.19% |
| 3 years (annualised) | +9.76% |
FLXIX Annual Returns
Calendar-year total returns of Absolute Flexible Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.98% |
| 2025 | +12.05% |
| 2024 | +6.88% |
| 2023 (Jul–Dec) | +1.32% |
FLXIX 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 | +1.2% | +0.2% | −0.5% | +3.4% | +3.4% | +1.0% | — | — | — | — | — | — |
| 2025 | +0.9% | 0.0% | −0.2% | +0.7% | +1.4% | +1.4% | +1.1% | +2.0% | +1.9% | +1.3% | +0.3% | +0.8% |
| 2024 | +0.9% | +0.7% | +1.3% | −0.3% | −1.1% | +0.3% | +1.0% | +1.3% | +0.8% | +0.2% | +1.6% | 0.0% |
| 2023 | — | — | — | — | — | — | +0.9% | −1.5% | +0.3% | −1.3% | +0.8% | +2.2% |
FLXIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.72%
- 3-year Sharpe ratio: 1.41 (vs 4.5% risk-free rate)
- Best month: +3.43% (May 2026)
- Worst month: −1.54% (Aug 2023)
FLXIX Fund Flows
Monthly money in and out of Absolute Flexible Fund, from SEC Form N-PORT.
- 12-month net flow: $8.0M
- 12-month gross sales (incl. reinvestments): $8.8M
- Sales ÷ redemptions: 11.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.6M | $718K | $895K |
| May 2026 | $1.8M | $0 | $1.8M |
| Apr 2026 | $3.5M | $0 | $3.5M |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $443K | $0 | $443K |
| Dec 2025 | $857K | $45K | $811K |
| Nov 2025 | $45K | $0 | $45K |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $511K | $0 | $511K |
FLXIX Assets Under Management
Net assets of Absolute Flexible Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $41.08M |
| 2026-03-31 | $32.47M |
| 2025-12-31 | $31.74M |
| 2025-09-30 | $31.44M |
| 2025-06-30 | $29.40M |
| 2025-03-31 | $28.90M |
| 2024-12-31 | $28.39M |
| 2024-09-30 | $28.48M |
| 2024-06-30 | $26.97M |
| 2024-03-31 | $27.18M |
| 2023-12-31 | $25.71M |
| 2023-09-30 | $25.96M |
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.