IOFAX Performance — AlphaCentric Income Opportunity Fund, Class A
Data updated: 2026-08-27
IOFAX returned +1.15% year to date and +4.76% over one year to Jun 2026. Annualised returns are +1.76% over 3 years and −3.07% over 5 years. Against its Intermediate Securitized Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $105, against $116 for the category, and to $105 over one year, against $105. Volatility over the past three years was 6.04% a year. In the 12 months to Jun 2026 the fund lost a net $49.7M, and assets reached $204.88M.
IOFAX Growth of $100
What $100 invested in AlphaCentric Income Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | IOFAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $105 | $116 |
| 5 years (Jul 2021 – Jun 2026) | $86 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $87 | $113 |
IOFAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.15% |
| 1 year | +4.76% |
| 3 years (annualised) | +1.76% |
| 5 years (annualised) | −3.07% |
IOFAX Annual Returns
Calendar-year total returns of AlphaCentric Income Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.15% |
| 2025 | +8.82% |
| 2024 | −0.60% |
| 2023 | −5.74% |
| 2022 | −21.92% |
| 2021 | +14.77% |
| 2020 | −10.86% |
| 2019 (Jul–Dec) | +5.83% |
IOFAX 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 | +0.2% | +1.2% | −1.4% | −0.6% | +0.1% | +1.5% | — | — | — | — | — | — |
| 2025 | −0.7% | +1.9% | 0.0% | −0.8% | +1.4% | +3.3% | −0.6% | −0.2% | +2.7% | +1.2% | +0.8% | −0.4% |
| 2024 | −0.3% | −0.7% | +0.4% | −2.5% | +0.4% | −0.1% | +2.0% | +2.0% | +1.0% | −1.8% | +1.2% | −2.0% |
| 2023 | +1.1% | −0.1% | −3.5% | −0.1% | +0.6% | 0.0% | −0.6% | −1.0% | −2.8% | −4.2% | +0.4% | +4.7% |
| 2022 | +0.1% | −1.6% | −3.3% | −1.2% | −10.6% | −3.8% | −0.5% | +1.4% | −2.7% | −1.8% | −1.1% | +1.2% |
| 2021 | +3.0% | +2.0% | +0.4% | +0.9% | +0.9% | +0.7% | +1.3% | +1.1% | +1.8% | +1.2% | 0.0% | +0.7% |
| 2020 | +1.8% | +1.0% | −38.0% | +8.8% | +6.2% | +4.7% | +2.8% | +4.4% | +2.9% | +0.9% | +1.8% | +2.0% |
| 2019 | — | — | — | — | — | — | +1.1% | +2.3% | +0.5% | +1.4% | +0.5% | −0.1% |
IOFAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.04%
- 3-year Sharpe ratio: -0.45 (vs 4.5% risk-free rate)
- Best month: +4.68% (Dec 2023)
- Worst month: −4.24% (Oct 2023)
IOFAX Fund Flows
Monthly money in and out of AlphaCentric Income Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: −$49.7M
- 12-month gross sales (incl. reinvestments): $82.3M
- Sales ÷ redemptions: 0.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.6M | $6.0M | −$3.4M |
| May 2026 | $3.5M | $4.2M | −$702K |
| Apr 2026 | $5.1M | $7.2M | −$2.0M |
| Mar 2026 | $2.9M | $21.8M | −$18.9M |
| Feb 2026 | $19.5M | $3.8M | $15.7M |
| Jan 2026 | $5.1M | $29.3M | −$24.2M |
| Dec 2025 | $4.9M | $12.8M | −$8.0M |
| Nov 2025 | $3.7M | $7.9M | −$4.2M |
| Oct 2025 | $16.6M | $6.0M | $10.6M |
| Sep 2025 | $4.6M | $5.7M | −$1.1M |
| Aug 2025 | $4.2M | $9.2M | −$4.9M |
| Jul 2025 | $9.5M | $18.1M | −$8.6M |
IOFAX Assets Under Management
Net assets of AlphaCentric Income Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $204.88M |
| 2026-03-31 | $213.35M |
| 2025-12-31 | $245.15M |
| 2025-09-30 | $247.66M |
| 2025-06-30 | $262.29M |
| 2025-03-31 | $242.67M |
| 2024-12-31 | $262.90M |
| 2024-09-30 | $303.64M |
| 2024-06-30 | $295.35M |
| 2024-03-31 | $342.54M |
| 2023-12-31 | $410.84M |
| 2023-09-30 | $434.04M |
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.