LSOFX Performance — LS Opportunity Fund, Institutional Class Shares
Data updated: 2026-09-28
LSOFX returned +2.00% year to date and +4.78% over one year to May 2026. Annualised returns are +8.51% over 3 years and +4.68% over 5 years. The fund trailed its US Multi-Cap Value category average: $100 invested three years ago grew to $128, against $151 for the category, and to $105 over one year, against $117. Volatility over the past three years was 6.87% a year. In the 12 months to May 2026 the fund lost a net $101.5M, and assets reached $89.32M.
LSOFX Growth of $100
What $100 invested in LS Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | LSOFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $117 |
| 3 years (Jun 2023 – May 2026) | $128 | $151 |
| 5 years (Jun 2021 – May 2026) | $126 | $144 |
| Since data start (Mar 2020 – May 2026) | $155 | $196 |
LSOFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.00% |
| 1 year | +4.78% |
| 3 years (annualised) | +8.51% |
| 5 years (annualised) | +4.68% |
LSOFX Annual Returns
Calendar-year total returns of LS Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +2.00% |
| 2025 | +3.86% |
| 2024 | +8.29% |
| 2023 | +11.00% |
| 2022 | −3.09% |
| 2021 | +12.44% |
| 2020 (Mar–Dec) | +11.58% |
LSOFX 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 | +1.6% | −0.8% | −1.3% | +3.5% | −0.9% | — | — | — | — | — | — | — |
| 2025 | +1.4% | +0.5% | −1.2% | −1.6% | +2.1% | +1.5% | −0.1% | +0.6% | +0.3% | −2.1% | +2.5% | +0.1% |
| 2024 | +2.0% | +2.4% | +2.7% | −1.9% | +0.6% | −0.7% | +2.5% | +2.2% | +1.7% | −1.9% | +3.0% | −4.2% |
| 2023 | +3.6% | −0.9% | −2.0% | +2.1% | −3.0% | +4.6% | +2.3% | +1.0% | −1.9% | −0.6% | +3.7% | +2.0% |
| 2022 | −0.7% | −0.5% | +1.0% | −4.4% | +2.1% | −5.0% | +2.7% | −2.0% | −3.6% | +6.1% | +3.5% | −1.7% |
| 2021 | −1.6% | +4.4% | +2.7% | +3.6% | +1.0% | −1.7% | −1.0% | +0.7% | −1.3% | +3.5% | −2.2% | +4.1% |
| 2020 | — | — | −0.1% | +0.1% | 0.0% | −1.0% | +2.9% | +2.6% | −1.9% | −1.1% | +6.6% | +3.2% |
LSOFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.87%
- 3-year Sharpe ratio: 0.58 (vs 4.5% risk-free rate)
- Best month: +4.60% (Jun 2023)
- Worst month: −4.15% (Dec 2024)
LSOFX Fund Flows
Monthly money in and out of LS Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: −$101.5M
- 12-month gross sales (incl. reinvestments): $31.5M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.0M | $2.2M | −$1.2M |
| Apr 2026 | $303K | $2.2M | −$1.9M |
| Mar 2026 | $364K | $3.9M | −$3.5M |
| Feb 2026 | $488K | $6.3M | −$5.9M |
| Jan 2026 | $641K | $56.1M | −$55.4M |
| Dec 2025 | $8.9M | $40.4M | −$31.6M |
| Nov 2025 | $8.4M | $3.8M | $4.5M |
| Oct 2025 | $4.6M | $3.2M | $1.4M |
| Sep 2025 | $1.5M | $1.9M | −$379K |
| Aug 2025 | $1.9M | $3.9M | −$2.0M |
| Jul 2025 | $1.5M | $2.0M | −$522K |
| Jun 2025 | $2.0M | $7.0M | −$5.0M |
LSOFX Assets Under Management
Net assets of LS Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $89.32M |
| 2026-02-28 | $94.89M |
| 2025-11-30 | $194.44M |
| 2025-08-31 | $187.49M |
| 2025-05-31 | $191.22M |
| 2025-02-28 | $204.16M |
| 2024-11-30 | $208.89M |
| 2024-08-31 | $200.92M |
| 2024-05-31 | $190.94M |
| 2024-02-29 | $170.24M |
| 2023-11-30 | $157.75M |
| 2023-08-31 | $157.68M |
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.