LCMAX Performance — Driehaus Active Income Fund
Data updated: 2020-11-25
LCMAX returned −4.80% over one year to Sep 2020. Over one year the fund trailed its Money Market category average: $100 grew to $95, against $102 for the category. Volatility over the past 12 months was 12.01% a year. In the 12 months to Sep 2020 the fund took in a net $338.4M, and assets reached $73.47M.
LCMAX Growth of $100
What $100 invested in Driehaus Active Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | LCMAX | Category average |
|---|---|---|
| 1 year (Oct 2019 – Sep 2020) | $95 | $102 |
| Since data start (Jul 2019 – Sep 2020) | $96 | $102 |
LCMAX Trailing Returns
Total returns to Sep 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −4.80% |
LCMAX Annual Returns
Calendar-year total returns of Driehaus Active Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 (Jan–Sep) | −6.02% |
| 2019 (Jul–Dec) | +2.51% |
LCMAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | +0.9% | −0.7% | −10.8% | +2.3% | +1.9% | +0.1% | +2.0% | −0.4% | −0.8% | — | — | — |
| 2019 | — | — | — | — | — | — | +0.5% | +0.3% | +0.3% | 0.0% | +0.2% | +1.1% |
LCMAX Risk
Risk measures from monthly returns over Oct 2019 – Sep 2020.
- 1-year volatility (annualised): 12.01%
- Best month: +2.34% (Apr 2020)
- Worst month: −10.83% (Mar 2020)
LCMAX Fund Flows
Monthly money in and out of Driehaus Active Income Fund, from SEC Form N-PORT.
- 12-month net flow: $338.4M
- 12-month gross sales (incl. reinvestments): $26.2M
- Sales ÷ redemptions: -0.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2020 | $930K | −$13.8M | $14.8M |
| Aug 2020 | $1.1M | −$10.0M | $11.1M |
| Jul 2020 | $1.5M | −$6.8M | $8.3M |
| Jun 2020 | $2.5M | −$8.2M | $10.7M |
| May 2020 | $5.2M | −$15.0M | $20.1M |
| Apr 2020 | $1.0M | −$15.9M | $16.9M |
| Mar 2020 | $2.4M | −$37.6M | $40.0M |
| Feb 2020 | $2.1M | −$30.7M | $32.8M |
| Jan 2020 | $2.4M | −$34.8M | $37.2M |
| Dec 2019 | $2.1M | −$79.8M | $81.9M |
| Nov 2019 | $1.9M | −$32.3M | $34.2M |
| Oct 2019 | $3.1M | −$27.2M | $30.3M |
LCMAX Assets Under Management
Net assets of Driehaus Active Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-09-30 | $73.47M |
| 2020-06-30 | $100.24M |
| 2020-03-31 | $126.79M |
| 2019-12-31 | $242.75M |
| 2019-09-30 | $373.32M |
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.