MCTDX Performance — Modern Capital Tactical Income Fund, Class ADV
Data updated: 2026-08-31
MCTDX returned +4.18% year to date and +6.35% over one year to Jun 2026. The annualised 3-year return is +6.60%. The fund trailed its Financials Equity category average: $100 invested three years ago grew to $121, against $158 for the category, and to $106 over one year, against $112. Volatility over the past three years was 9.85% a year. In the 12 months to Jun 2026 the fund lost a net $11.0M, and assets reached $67.89M.
MCTDX Growth of $100
What $100 invested in Modern Capital Tactical Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | MCTDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $121 | $158 |
| Since data start (Apr 2023 – Jun 2026) | $126 | $162 |
MCTDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.18% |
| 1 year | +6.35% |
| 3 years (annualised) | +6.60% |
MCTDX Annual Returns
Calendar-year total returns of Modern Capital Tactical Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.18% |
| 2025 | +4.07% |
| 2024 | +10.72% |
| 2023 (Apr–Dec) | +4.66% |
MCTDX 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 | +3.0% | −2.0% | −2.3% | +5.3% | +3.0% | −2.6% | — | — | — | — | — | — |
| 2025 | −2.4% | −1.2% | +1.9% | +2.0% | +3.2% | −1.4% | −1.2% | +0.6% | +1.1% | +1.1% | −0.4% | +1.0% |
| 2024 | +2.8% | +0.6% | +1.3% | −0.1% | +2.8% | −3.0% | +2.5% | +1.7% | +2.6% | −4.3% | +4.6% | −0.9% |
| 2023 | — | — | — | +3.2% | −0.2% | +0.7% | −4.5% | −1.7% | +2.4% | −0.8% | +8.9% | −2.8% |
MCTDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.85%
- 3-year Sharpe ratio: 0.21 (vs 4.5% risk-free rate)
- Best month: +8.95% (Nov 2023)
- Worst month: −4.51% (Jul 2023)
MCTDX Fund Flows
Monthly money in and out of Modern Capital Tactical Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$11.0M
- 12-month gross sales (incl. reinvestments): $17.6M
- Sales ÷ redemptions: 0.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $932K | $1.1M | −$206K |
| May 2026 | $882K | $4.5M | −$3.6M |
| Apr 2026 | $1.1M | $1.7M | −$649K |
| Mar 2026 | $737K | $2.2M | −$1.5M |
| Feb 2026 | $1.0M | $1.6M | −$583K |
| Jan 2026 | $2.9M | $3.9M | −$945K |
| Dec 2025 | $1.2M | $2.6M | −$1.4M |
| Nov 2025 | $1.3M | $2.4M | −$1.1M |
| Oct 2025 | $1.7M | $3.1M | −$1.4M |
| Sep 2025 | $2.3M | $2.2M | $76K |
| Aug 2025 | $1.9M | $1.9M | −$55K |
| Jul 2025 | $1.6M | $1.3M | $315K |
MCTDX Assets Under Management
Net assets of Modern Capital Tactical Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $67.89M |
| 2026-03-31 | $70.22M |
| 2025-12-31 | $76.12M |
| 2025-09-30 | $82.32M |
| 2025-06-30 | $83.93M |
| 2025-03-31 | $90.18M |
| 2024-12-31 | $84.76M |
| 2024-09-30 | $74.75M |
| 2024-06-30 | $61.06M |
| 2024-03-31 | $50.89M |
| 2023-12-31 | $39.57M |
| 2023-09-30 | $32.72M |
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.