FTOTX Performance — Nomura Tax-Free Oregon Fund, Institutional Class
Data updated: 2026-08-24
FTOTX returned +3.52% year to date and +8.95% over one year to Jun 2026. Annualised returns are +4.40% over 3 years and +1.25% over 5 years. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $114, against $112 for the category, and to $109 over one year, against $108. Volatility over the past three years was 7.12% a year. In the 12 months to Jun 2026 the fund lost a net $2.5M, and assets reached $50.45M.
FTOTX Growth of $100
What $100 invested in Nomura Tax-Free Oregon Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | FTOTX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $109 | $108 |
| 3 years (Jul 2023 – Jun 2026) | $114 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $106 | $103 |
| Since data start (Oct 2019 – Jun 2026) | $115 | $111 |
FTOTX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.52% |
| 1 year | +8.95% |
| 3 years (annualised) | +4.40% |
| 5 years (annualised) | +1.25% |
FTOTX Annual Returns
Calendar-year total returns of Nomura Tax-Free Oregon Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +3.52% |
| 2025 | +2.81% |
| 2024 | +2.84% |
| 2023 | +6.53% |
| 2022 | −9.59% |
| 2021 | +3.00% |
| 2020 | +4.97% |
| 2019 (Oct–Dec) | +0.48% |
FTOTX 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 | +0.6% | +1.5% | −2.3% | +1.6% | +0.7% | +1.4% | — | — | — | — | — | — |
| 2025 | +0.1% | +1.3% | −2.4% | −1.1% | −0.7% | +0.4% | −1.1% | +1.1% | +3.6% | +1.2% | +0.4% | −0.1% |
| 2024 | +0.2% | +0.4% | −0.1% | −1.3% | +0.2% | +2.0% | +0.9% | +0.6% | +1.3% | −1.7% | +1.8% | −1.5% |
| 2023 | +3.2% | −3.0% | +2.1% | +0.4% | −0.9% | +0.8% | +0.3% | −1.8% | −3.7% | −1.9% | +8.1% | +3.2% |
| 2022 | −1.8% | −0.3% | −2.8% | −2.5% | +0.6% | −2.0% | +2.4% | −2.2% | −4.8% | −1.2% | +5.0% | −0.1% |
| 2021 | +0.8% | −1.2% | +0.7% | +0.8% | +0.6% | +0.4% | +0.8% | −0.3% | −0.7% | −0.1% | +0.9% | +0.3% |
| 2020 | +1.8% | +1.2% | −3.7% | −1.7% | +3.3% | +1.3% | +1.3% | −0.3% | −0.1% | −0.2% | +1.4% | +0.8% |
| 2019 | — | — | — | — | — | — | — | — | — | 0.0% | +0.2% | +0.3% |
FTOTX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.12%
- 3-year Sharpe ratio: -0.01 (vs 4.5% risk-free rate)
- Best month: +8.13% (Nov 2023)
- Worst month: −3.66% (Sep 2023)
FTOTX Fund Flows
Monthly money in and out of Nomura Tax-Free Oregon Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.5M
- 12-month gross sales (incl. reinvestments): $10.6M
- Sales ÷ redemptions: 0.81×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $984K | $408K | $576K |
| May 2026 | $1.8M | $1.0M | $789K |
| Apr 2026 | $1.6M | $398K | $1.2M |
| Mar 2026 | $544K | $477K | $67K |
| Feb 2026 | $662K | $394K | $268K |
| Jan 2026 | $778K | $2.7M | −$1.9M |
| Dec 2025 | $368K | $2.5M | −$2.1M |
| Nov 2025 | $340K | $1.2M | −$829K |
| Oct 2025 | $505K | $297K | $207K |
| Sep 2025 | $481K | $2.0M | −$1.5M |
| Aug 2025 | $1.0M | $824K | $186K |
| Jul 2025 | $1.5M | $929K | $611K |
FTOTX Assets Under Management
Net assets of Nomura Tax-Free Oregon Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $50.45M |
| 2026-03-31 | $46.59M |
| 2025-12-31 | $48.74M |
| 2025-09-30 | $51.18M |
| 2025-06-30 | $50.59M |
| 2025-03-31 | $51.74M |
| 2024-12-31 | $54.87M |
| 2024-09-30 | $56.71M |
| 2024-06-28 | $49.08M |
| 2024-03-28 | $46.69M |
| 2023-12-29 | $47.94M |
| 2023-09-29 | $44.35M |
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.