LUCIX Performance — Legal & General U.S. Credit Fund, Institutional Shares
Data updated: 2024-04-01
LUCIX returned +3.92% over one year to Jan 2024. Over one year the fund trailed its Intermediate Corporate Bond category average: $100 grew to $104, against $104 for the category. Volatility over the past 12 months was 9.20% a year. In the 12 months to Jan 2024 the fund took in a net $793K, and assets reached $21.54M.
LUCIX Growth of $100
What $100 invested in Legal & General U.S. Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | LUCIX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $104 | $104 |
| Since data start (Nov 2021 – Jan 2024) | $91 | $94 |
LUCIX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.92% |
| 3 years (annualised) | −3.92% |
LUCIX Annual Returns
Calendar-year total returns of Legal & General U.S. Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +5.84% |
| 2023 | +3.04% |
| 2022 | −13.55% |
| 2021 (Nov–Dec) | −3.06% |
LUCIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +5.8% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +4.9% | +0.7% | +2.6% | −3.0% | +0.3% | +0.4% | −1.4% | −1.9% | −2.5% | −0.7% | −0.1% | +4.0% |
| 2022 | 0.0% | −5.2% | −2.3% | −2.0% | +3.0% | −2.6% | +0.7% | −1.1% | −5.1% | −2.7% | +4.0% | −0.7% |
| 2021 | — | — | — | — | — | — | — | — | — | — | −3.1% | 0.0% |
LUCIX Risk
Risk measures from monthly returns over Feb 2023 – Jan 2024.
- 1-year volatility (annualised): 9.20%
- Best month: +5.84% (Jan 2024)
- Worst month: −3.03% (Apr 2023)
LUCIX Fund Flows
Monthly money in and out of Legal & General U.S. Credit Fund, from SEC Form N-PORT.
- 12-month net flow: $793K
- 12-month gross sales (incl. reinvestments): $784K
- Sales ÷ redemptions: -84.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $74K | −$2K | $76K |
| Dec 2023 | $78K | −$842 | $78K |
| Nov 2023 | $70K | $0 | $70K |
| Oct 2023 | $69K | −$207 | $69K |
| Sep 2023 | $62K | −$1K | $64K |
| Aug 2023 | $69K | −$2K | $71K |
| Jul 2023 | $60K | $0 | $60K |
| Jun 2023 | $65K | −$404 | $66K |
| May 2023 | $61K | $0 | $61K |
| Apr 2023 | $52K | −$2K | $55K |
| Mar 2023 | $68K | −$517 | $68K |
| Feb 2023 | $54K | $0 | $54K |
LUCIX Assets Under Management
Net assets of Legal & General U.S. Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $21.54M |
| 2023-10-31 | $19.67M |
| 2023-07-31 | $20.71M |
| 2023-04-30 | $20.84M |
| 2023-01-31 | $20.78M |
| 2022-10-31 | $19.18M |
| 2022-07-31 | $21.01M |
| 2022-04-30 | $20.78M |
| 2022-01-31 | $22.92M |
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.