FSRBX Performance — Select Banking Portfolio
Data updated: 2026-07-24
FSRBX returned +4.09% year to date and +28.50% over one year to May 2026. Annualised returns are +30.32% over 3 years and +9.10% over 5 years. The fund beat its Financials Equity category average: $100 invested three years ago grew to $221, against $163 for the category, and to $128 over one year, against $114. Volatility over the past three years was 22.88% a year. In the 12 months to May 2026 the fund lost a net $23.4M, and assets reached $452.31M.
FSRBX Growth of $100
What $100 invested in Select Banking Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | FSRBX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $128 | $114 |
| 3 years (Jun 2023 – May 2026) | $221 | $163 |
| 5 years (Jun 2021 – May 2026) | $155 | $138 |
| Since data start (Sep 2019 – May 2026) | $223 | $187 |
FSRBX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.09% |
| 1 year | +28.50% |
| 3 years (annualised) | +30.32% |
| 5 years (annualised) | +9.10% |
FSRBX Annual Returns
Calendar-year total returns of Select Banking Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +4.09% |
| 2025 | +19.30% |
| 2024 | +30.10% |
| 2023 | +8.46% |
| 2022 | −12.59% |
| 2021 | +38.33% |
| 2020 | −12.15% |
| 2019 (Sep–Dec) | +19.69% |
FSRBX 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 | +4.1% | −4.1% | −1.9% | +8.0% | −1.5% | — | — | — | — | — | — | — |
| 2025 | +6.5% | −2.4% | −8.4% | −4.3% | +6.1% | +6.5% | +1.8% | +7.9% | −0.5% | −3.1% | +4.1% | +5.1% |
| 2024 | −1.1% | +0.2% | +7.2% | −3.5% | +3.5% | +0.4% | +12.6% | +0.7% | −1.5% | +4.8% | +13.9% | −8.4% |
| 2023 | +8.5% | −1.4% | −20.1% | −1.6% | −5.8% | +6.3% | +14.7% | −7.9% | −3.7% | −3.7% | +14.9% | +14.4% |
| 2022 | +4.3% | +1.1% | −7.2% | −9.9% | +5.2% | −10.3% | +8.7% | −1.4% | −6.6% | +11.0% | +2.3% | −7.6% |
| 2021 | +2.1% | +15.8% | +7.1% | +5.2% | +2.9% | −6.0% | −3.0% | +5.4% | +1.8% | +5.4% | −5.0% | +3.0% |
| 2020 | −6.6% | −11.7% | −31.5% | +13.8% | −0.5% | +2.2% | −1.9% | +3.7% | −5.2% | +8.5% | +17.3% | +9.5% |
| 2019 | — | — | — | — | — | — | — | — | +6.7% | +3.0% | +5.2% | +3.6% |
FSRBX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 22.88%
- 3-year Sharpe ratio: 1.13 (vs 4.5% risk-free rate)
- Best month: +14.88% (Nov 2023)
- Worst month: −8.43% (Mar 2025)
FSRBX Fund Flows
Monthly money in and out of Select Banking Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$23.4M
- 12-month gross sales (incl. reinvestments): $145.9M
- Sales ÷ redemptions: 0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $6.3M | $12.7M | −$6.4M |
| Apr 2026 | $16.0M | $8.7M | $7.4M |
| Mar 2026 | $5.6M | $15.4M | −$9.8M |
| Feb 2026 | $8.6M | $16.0M | −$7.4M |
| Jan 2026 | $13.5M | $11.8M | $1.7M |
| Dec 2025 | $42.5M | $10.6M | $31.8M |
| Nov 2025 | $7.1M | $14.5M | −$7.3M |
| Oct 2025 | $12.3M | $20.3M | −$8.0M |
| Sep 2025 | $15.0M | $12.5M | $2.5M |
| Aug 2025 | $4.7M | $14.6M | −$9.9M |
| Jul 2025 | $8.3M | $20.7M | −$12.5M |
| Jun 2025 | $6.1M | $11.4M | −$5.3M |
FSRBX Assets Under Management
Net assets of Select Banking Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $452.31M |
| 2026-02-28 | $453.05M |
| 2025-11-30 | $437.83M |
| 2025-08-31 | $449.36M |
| 2025-05-31 | $409.71M |
| 2025-02-28 | $508.35M |
| 2024-11-30 | $532.19M |
| 2024-08-31 | $439.58M |
| 2024-05-31 | $388.63M |
| 2024-02-29 | $388.03M |
| 2023-11-30 | $363.97M |
| 2023-08-31 | $352.71M |
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.