FWSBX Performance — Oakhurst Short Duration Bond Fund, Institutional Shares
Data updated: 2023-11-07
FWSBX returned +2.23% over one year to Aug 2023. The annualised 3-year return is −0.11%. The fund trailed its Money Market category average: $100 invested three years ago grew to $100, against $106 for the category, and to $102 over one year, against $104. Volatility over the past three years was 2.30% a year. In the 12 months to Aug 2023 the fund lost a net $29.9M, and assets reached $27.11M.
FWSBX Growth of $100
What $100 invested in Oakhurst Short Duration Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | FWSBX | Category average |
|---|---|---|
| 1 year (Sep 2022 – Aug 2023) | $102 | $104 |
| 3 years (Sep 2020 – Aug 2023) | $100 | $106 |
| Since data start (Mar 2020 – Aug 2023) | $101 | $110 |
FWSBX Trailing Returns
Total returns to Aug 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.23% |
| 3 years (annualised) | −0.11% |
FWSBX Annual Returns
Calendar-year total returns of Oakhurst Short Duration Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Aug) | +3.45% |
| 2022 | −5.20% |
| 2021 | +0.64% |
| 2020 (Mar–Dec) | +2.69% |
FWSBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +1.7% | −0.6% | +0.7% | +0.7% | −0.2% | +0.1% | +0.8% | +0.2% | — | — | — | — |
| 2022 | −0.4% | −0.5% | −1.6% | −0.7% | +0.1% | −1.0% | +0.9% | −0.8% | −1.6% | −0.6% | +0.9% | +0.2% |
| 2021 | +0.5% | +0.2% | −0.1% | +0.2% | +0.3% | 0.0% | +0.2% | +0.1% | 0.0% | −0.2% | −0.2% | −0.1% |
| 2020 | — | — | 0.0% | 0.0% | 0.0% | +0.8% | +0.6% | +0.3% | +0.1% | +0.1% | +0.5% | +0.3% |
FWSBX Risk
Risk measures from monthly returns over Sep 2020 – Aug 2023.
- 3-year volatility (annualised): 2.30%
- 3-year Sharpe ratio: -2.00 (vs 4.5% risk-free rate)
- Best month: +1.71% (Jan 2023)
- Worst month: −1.59% (Sep 2022)
FWSBX Fund Flows
Monthly money in and out of Oakhurst Short Duration Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$29.9M
- 12-month gross sales (incl. reinvestments): $9.2M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2023 | $457K | $1.3M | −$842K |
| Jul 2023 | $332K | $6.1M | −$5.8M |
| Jun 2023 | $496K | $998K | −$502K |
| May 2023 | $517K | $2.5M | −$2.0M |
| Apr 2023 | $885K | $7.6M | −$6.7M |
| Mar 2023 | $464K | $1.8M | −$1.3M |
| Feb 2023 | $634K | $1.2M | −$579K |
| Jan 2023 | $431K | $955K | −$524K |
| Dec 2022 | $1.0M | $1.8M | −$764K |
| Nov 2022 | $3.3M | $4.7M | −$1.4M |
| Oct 2022 | $645K | $4.7M | −$4.1M |
| Sep 2022 | $57K | $5.5M | −$5.4M |
FWSBX Assets Under Management
Net assets of Oakhurst Short Duration Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-08-31 | $27.11M |
| 2023-05-31 | $34.15M |
| 2023-02-28 | $44.00M |
| 2022-11-30 | $45.67M |
| 2022-08-31 | $57.79M |
| 2022-05-31 | $67.45M |
| 2022-02-28 | $58.98M |
| 2021-11-30 | $112.84M |
| 2021-08-31 | $131.15M |
| 2021-05-31 | $142.20M |
| 2021-02-28 | $129.48M |
| 2020-11-30 | $129.07M |
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.