NHFIX Performance — High Yield Fixed Income Fund
Data updated: 2026-08-28
NHFIX returned +1.97% year to date and +6.26% over one year to Jun 2026. Annualised returns are +8.96% over 3 years and +4.05% over 5 years. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $129, against $125 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.47% a year. In the 12 months to Jun 2026 the fund lost a net $250.8M, and assets reached $2.12B.
NHFIX Growth of $100
What $100 invested in High Yield Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | NHFIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $129 | $125 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $119 |
| Since data start (Jul 2019 – Jun 2026) | $141 | $134 |
NHFIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.97% |
| 1 year | +6.26% |
| 3 years (annualised) | +8.96% |
| 5 years (annualised) | +4.05% |
NHFIX Annual Returns
Calendar-year total returns of High Yield Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.97% |
| 2025 | +8.74% |
| 2024 | +8.05% |
| 2023 | +13.83% |
| 2022 | −11.65% |
| 2021 | +5.44% |
| 2020 | +6.02% |
| 2019 (Jul–Dec) | +4.82% |
NHFIX 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 | +0.6% | +0.2% | −1.2% | +1.7% | +0.4% | +0.2% | — | — | — | — | — | — |
| 2025 | +1.2% | +0.7% | −1.2% | −0.1% | +1.9% | +1.7% | +0.6% | +1.4% | +0.7% | +0.3% | +0.6% | +0.6% |
| 2024 | +0.1% | +0.2% | +1.2% | −1.1% | +1.3% | +1.1% | +1.9% | +1.6% | +1.5% | −0.7% | +1.2% | −0.4% |
| 2023 | +4.1% | −1.2% | +0.9% | +1.1% | −1.3% | +1.8% | +1.6% | +0.6% | −1.2% | −1.5% | +4.5% | +3.9% |
| 2022 | −2.4% | −1.3% | −0.8% | −3.5% | −0.8% | −6.6% | +5.1% | −1.7% | −4.0% | +2.7% | +2.0% | −0.5% |
| 2021 | +0.4% | +0.6% | +0.4% | +1.1% | +0.3% | +1.2% | 0.0% | +0.6% | +0.1% | −0.3% | −1.1% | +1.9% |
| 2020 | −0.1% | −1.9% | −14.5% | +4.5% | +5.9% | +1.3% | +4.9% | +1.2% | −1.5% | 0.0% | +5.3% | +2.4% |
| 2019 | — | — | — | — | — | — | +0.8% | +0.1% | +0.6% | +0.2% | +0.2% | +2.8% |
NHFIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.47%
- 3-year Sharpe ratio: 1.00 (vs 4.5% risk-free rate)
- Best month: +4.53% (Nov 2023)
- Worst month: −1.51% (Oct 2023)
NHFIX Fund Flows
Monthly money in and out of High Yield Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$250.8M
- 12-month gross sales (incl. reinvestments): $332.8M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $99.9M | $31.2M | $68.7M |
| May 2026 | $24.7M | $30.5M | −$5.8M |
| Apr 2026 | $16.8M | $55.9M | −$39.1M |
| Mar 2026 | $26.0M | $64.2M | −$38.2M |
| Feb 2026 | $21.6M | $61.2M | −$39.6M |
| Jan 2026 | $22.2M | $77.3M | −$55.0M |
| Dec 2025 | $24.2M | $60.1M | −$35.9M |
| Nov 2025 | $12.3M | $31.3M | −$19.0M |
| Oct 2025 | $19.4M | $32.9M | −$13.6M |
| Sep 2025 | $19.9M | $69.6M | −$49.8M |
| Aug 2025 | $16.5M | $40.7M | −$24.2M |
| Jul 2025 | $29.2M | $28.5M | $668K |
NHFIX Assets Under Management
Net assets of High Yield Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.12B |
| 2026-03-31 | $2.08B |
| 2025-12-31 | $2.26B |
| 2025-09-30 | $2.34B |
| 2025-06-30 | $2.39B |
| 2025-03-31 | $2.63B |
| 2024-12-31 | $2.84B |
| 2024-09-30 | $2.81B |
| 2024-06-28 | $2.64B |
| 2024-03-28 | $2.67B |
| 2023-12-29 | $2.63B |
| 2023-09-29 | $2.42B |
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.