HOBAX Performance — Holbrook Income Fund, Class A
Data updated: 2026-09-25
HOBAX returned +2.62% year to date and +5.27% over one year to Jul 2026. Annualised returns are +6.59% over 3 years and +4.23% over 5 years. The fund beat its Global Short-Term Core Bond category average: $100 invested three years ago grew to $121, against $120 for the category, and to $105 over one year, against $105. Volatility over the past three years was 1.65% a year. In the 12 months to Jul 2026 the fund took in a net $1.6B, and assets reached $4.10B.
HOBAX Growth of $100
What $100 invested in Holbrook Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Short-Term Core Bond category average over the same months.
| Period | HOBAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $121 | $120 |
| 5 years (Aug 2021 – Jul 2026) | $123 | $115 |
HOBAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.62% |
| 1 year | +5.27% |
| 3 years (annualised) | +6.59% |
| 5 years (annualised) | +4.23% |
HOBAX Annual Returns
Calendar-year total returns of Holbrook Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.62% |
| 2025 | +7.36% |
| 2024 | +7.89% |
| 2023 | +6.32% |
| 2022 | −3.08% |
| 2021 (Aug–Dec) | +0.44% |
HOBAX 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 | +0.5% | +0.4% | +0.4% | +0.6% | +0.4% | +0.3% | +0.1% | — | — | — | — | — |
| 2025 | +1.0% | +1.0% | +0.1% | +0.1% | +0.9% | +0.8% | +0.6% | +0.7% | +0.7% | +0.4% | +0.4% | +0.4% |
| 2024 | +0.1% | +0.3% | +0.5% | +2.1% | +1.1% | +0.1% | +1.1% | −0.8% | +1.2% | +0.9% | +0.9% | 0.0% |
| 2023 | +1.6% | −0.1% | −0.8% | +1.2% | +0.1% | +0.9% | +1.4% | +0.5% | +0.6% | +0.2% | +0.2% | +0.4% |
| 2022 | −0.1% | −0.3% | −0.3% | −0.4% | −1.0% | −0.4% | +0.7% | +0.2% | −1.3% | −0.7% | +0.4% | 0.0% |
| 2021 | — | — | — | — | — | — | — | +0.2% | +0.4% | 0.0% | −0.1% | −0.1% |
HOBAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.65%
- 3-year Sharpe ratio: 1.27 (vs 4.5% risk-free rate)
- Best month: +2.10% (Apr 2024)
- Worst month: −0.76% (Aug 2024)
HOBAX Fund Flows
Monthly money in and out of Holbrook Income Fund, from SEC Form N-PORT.
- 12-month net flow: $1.6B
- 12-month gross sales (incl. reinvestments): $2.6B
- Sales ÷ redemptions: 2.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $264.5M | $140.0M | $124.5M |
| Jun 2026 | $270.5M | $130.3M | $140.2M |
| May 2026 | $232.8M | $79.5M | $153.3M |
| Apr 2026 | $251.8M | $106.1M | $145.7M |
| Mar 2026 | $222.8M | $110.7M | $112.1M |
| Feb 2026 | $185.6M | $86.4M | $99.2M |
| Jan 2026 | $208.3M | $77.3M | $131.0M |
| Dec 2025 | $202.6M | $85.5M | $117.1M |
| Nov 2025 | $221.2M | $72.5M | $148.7M |
| Oct 2025 | $224.4M | $61.7M | $162.6M |
| Sep 2025 | $162.1M | $58.2M | $103.9M |
| Aug 2025 | $179.1M | $42.1M | $136.9M |
HOBAX Assets Under Management
Net assets of Holbrook Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.10B |
| 2026-04-30 | $3.71B |
| 2026-01-31 | $3.35B |
| 2025-10-31 | $2.97B |
| 2025-07-31 | $2.56B |
| 2025-04-30 | $2.17B |
| 2025-01-31 | $1.88B |
| 2024-10-31 | $1.72B |
| 2024-07-31 | $1.67B |
| 2024-04-30 | $1.51B |
| 2024-01-31 | $1.49B |
| 2023-10-31 | $1.39B |
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.