JAFRX Performance — Capital Appreciation Value Trust, Class NAV
Data updated: 2026-08-27
JAFRX returned +5.19% year to date and +10.73% over one year to Jun 2026. Annualised returns are +12.03% over 3 years and +8.17% over 5 years. The fund trailed its Aggressive Allocation category average: $100 invested three years ago grew to $141, against $147 for the category, and to $111 over one year, against $120. Volatility over the past three years was 8.51% a year. In the 12 months to Jun 2026 the fund took in a net $21.4M, and assets reached $496.38M.
JAFRX Growth of $100
What $100 invested in Capital Appreciation Value Trust grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Aggressive Allocation category average over the same months.
| Period | JAFRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $141 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $148 | $135 |
| Since data start (Jul 2019 – Jun 2026) | $203 | $171 |
JAFRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.19% |
| 1 year | +10.73% |
| 3 years (annualised) | +12.03% |
| 5 years (annualised) | +8.17% |
JAFRX Annual Returns
Calendar-year total returns of Capital Appreciation Value Trust, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +5.19% |
| 2025 | +11.61% |
| 2024 | +12.43% |
| 2023 | +18.32% |
| 2022 | −11.87% |
| 2021 | +18.16% |
| 2020 | +17.44% |
| 2019 (Jul–Dec) | +6.14% |
JAFRX 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% | −0.6% | −3.5% | +6.9% | +2.9% | −0.5% | — | — | — | — | — | — |
| 2025 | +3.0% | −1.4% | −1.9% | +0.2% | +2.7% | +3.3% | +2.3% | +0.5% | +1.2% | +1.4% | +0.5% | −0.8% |
| 2024 | +0.4% | +2.8% | +1.9% | −2.6% | +2.4% | +2.0% | +2.3% | +1.2% | +1.9% | −1.5% | +3.4% | −2.1% |
| 2023 | +5.0% | −2.0% | +3.2% | +1.3% | −0.4% | +3.5% | +2.0% | −0.5% | −3.0% | −2.4% | +6.5% | +4.1% |
| 2022 | −3.9% | −0.8% | +1.9% | −6.8% | +0.6% | −5.9% | +8.3% | −3.7% | −6.6% | +3.8% | +4.9% | −3.1% |
| 2021 | −1.9% | +2.2% | +3.7% | +4.6% | +0.1% | +0.8% | +2.2% | +1.9% | −2.4% | +4.7% | −1.8% | +2.9% |
| 2020 | +2.0% | −4.9% | −9.3% | +9.6% | +3.5% | +0.1% | +5.0% | +2.1% | −1.3% | +0.5% | +8.1% | +2.3% |
| 2019 | — | — | — | — | — | — | +0.6% | −0.3% | +0.3% | +1.1% | +2.4% | +1.9% |
JAFRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.51%
- 3-year Sharpe ratio: 0.88 (vs 4.5% risk-free rate)
- Best month: +6.88% (Apr 2026)
- Worst month: −3.45% (Mar 2026)
JAFRX Fund Flows
Monthly money in and out of Capital Appreciation Value Trust, from SEC Form N-PORT.
- 12-month net flow: $21.4M
- 12-month gross sales (incl. reinvestments): $70.1M
- Sales ÷ redemptions: 1.44×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.3M | $5.7M | −$4.4M |
| May 2026 | $973K | $3.7M | −$2.8M |
| Apr 2026 | $480K | $4.2M | −$3.7M |
| Mar 2026 | $407K | $4.2M | −$3.8M |
| Feb 2026 | $1.8M | $3.1M | −$1.2M |
| Jan 2026 | $1.2M | $4.6M | −$3.4M |
| Dec 2025 | $765K | $4.0M | −$3.2M |
| Nov 2025 | $494K | $4.2M | −$3.7M |
| Oct 2025 | $59.9M | $3.7M | $56.2M |
| Sep 2025 | $423K | $2.6M | −$2.2M |
| Aug 2025 | $1.1M | $6.2M | −$5.1M |
| Jul 2025 | $1.3M | $2.7M | −$1.4M |
JAFRX Assets Under Management
Net assets of Capital Appreciation Value Trust by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $496.38M |
| 2026-03-31 | $463.77M |
| 2025-12-31 | $491.08M |
| 2025-09-30 | $494.76M |
| 2025-06-30 | $483.86M |
| 2025-03-31 | $468.13M |
| 2024-12-31 | $476.39M |
| 2024-09-30 | $486.86M |
| 2024-06-30 | $472.91M |
| 2024-03-31 | $476.41M |
| 2023-12-31 | $467.09M |
| 2023-09-30 | $440.30M |
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.