NOVLX Performance — Global Secured Options Portfolio, Institutional Shares
Data updated: 2026-09-14
NOVLX returned +13.74% year to date and +27.81% over one year to Jul 2026. Over one year the fund beat its Global Large Blend category average: $100 grew to $128, against $118 for the category. Volatility over the past 12 months was 8.78% a year. In the 12 months to Jul 2026 the fund took in a net $12.0M, and assets reached $27.28M.
NOVLX Growth of $100
What $100 invested in Global Secured Options Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | NOVLX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $118 |
| Since data start (May 2025 – Jul 2026) | $137 | $129 |
NOVLX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.74% |
| 1 year | +27.81% |
NOVLX Annual Returns
Calendar-year total returns of Global Secured Options Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +13.74% |
| 2025 (May–Dec) | +20.86% |
NOVLX 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 | +3.5% | +2.1% | −4.0% | +6.9% | +3.2% | +1.5% | +0.1% | — | — | — | — | — |
| 2025 | — | — | — | — | +2.9% | +3.9% | +0.6% | +2.9% | +3.2% | +2.6% | +1.6% | +1.4% |
NOVLX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 8.78%
- Best month: +6.90% (Apr 2026)
- Worst month: −3.99% (Mar 2026)
NOVLX Fund Flows
Monthly money in and out of Global Secured Options Portfolio, from SEC Form N-PORT.
- 12-month net flow: $12.0M
- 12-month gross sales (incl. reinvestments): $14.3M
- Sales ÷ redemptions: 6.44×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $565K | $81K | $485K |
| Jun 2026 | $7.9M | $133K | $7.7M |
| May 2026 | $207K | $249K | −$42K |
| Apr 2026 | $50K | $70K | −$20K |
| Mar 2026 | $188K | $123K | $65K |
| Feb 2026 | $102K | $109K | −$7K |
| Jan 2026 | $339K | $165K | $174K |
| Dec 2025 | $247K | $515K | −$268K |
| Nov 2025 | $47K | $187K | −$140K |
| Oct 2025 | $4.5M | $161K | $4.3M |
| Sep 2025 | $60K | $172K | −$111K |
| Aug 2025 | $91K | $248K | −$157K |
NOVLX Assets Under Management
Net assets of Global Secured Options Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $27.28M |
| 2026-04-30 | $18.21M |
| 2026-01-31 | $17.38M |
| 2025-10-31 | $17.37M |
| 2025-07-31 | $12.19M |
| 2025-04-30 | $12.65M |
| 2025-01-31 | $18.15M |
| 2024-10-31 | $19.93M |
| 2024-07-31 | $19.62M |
| 2024-04-30 | $25.90M |
| 2024-01-31 | $24.62M |
| 2023-10-31 | $22.47M |
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.