NSBDX Performance — North Star Bond Fund, Class I
Data updated: 2026-07-28
NSBDX returned +0.98% year to date and +3.83% over one year to May 2026. Annualised returns are +4.77% over 3 years and +1.78% over 5 years. The fund trailed its Short-Term Corporate Bond category average: $100 invested three years ago grew to $115, against $122 for the category, and to $104 over one year, against $106. Volatility over the past three years was 2.10% a year. In the 12 months to May 2026 the fund took in a net $2.9M, and assets reached $36.43M.
NSBDX Growth of $100
What $100 invested in North Star Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | NSBDX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $106 |
| 3 years (Jun 2023 – May 2026) | $115 | $122 |
| 5 years (Jun 2021 – May 2026) | $109 | $117 |
| Since data start (Mar 2020 – May 2026) | $113 | $125 |
NSBDX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.98% |
| 1 year | +3.83% |
| 3 years (annualised) | +4.77% |
| 5 years (annualised) | +1.78% |
NSBDX Annual Returns
Calendar-year total returns of North Star Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.98% |
| 2025 | +4.09% |
| 2024 | +5.14% |
| 2023 | +6.05% |
| 2022 | −7.24% |
| 2021 | +2.84% |
| 2020 (Mar–Dec) | +1.32% |
NSBDX 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 | +0.7% | +0.7% | −1.6% | +1.1% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.7% | −0.5% | +0.1% | +0.4% | +0.8% | +0.4% | +0.6% | +0.6% | −0.2% | +0.5% | +0.3% |
| 2024 | +0.6% | −0.1% | +0.7% | −0.2% | +0.7% | +0.5% | +1.1% | +1.1% | +0.4% | −0.3% | +0.5% | −0.1% |
| 2023 | +2.6% | −0.6% | +0.2% | +0.6% | −0.9% | +1.0% | +0.5% | +0.1% | −0.5% | −0.1% | +1.7% | +1.2% |
| 2022 | −1.1% | −1.0% | −0.4% | −2.5% | +0.4% | −2.9% | +1.8% | −0.7% | −1.6% | +0.2% | +1.1% | −0.8% |
| 2021 | +0.8% | +0.6% | +0.4% | +0.7% | −0.2% | +0.4% | +0.2% | +0.1% | +0.1% | −0.3% | −0.8% | +0.7% |
| 2020 | — | — | −10.7% | +3.9% | +2.0% | +1.0% | +2.4% | +0.6% | −0.1% | 0.0% | +2.3% | +0.7% |
NSBDX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.10%
- 3-year Sharpe ratio: 0.13 (vs 4.5% risk-free rate)
- Best month: +1.68% (Nov 2023)
- Worst month: −1.61% (Mar 2026)
NSBDX Fund Flows
Monthly money in and out of North Star Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $2.9M
- 12-month gross sales (incl. reinvestments): $4.6M
- Sales ÷ redemptions: 2.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $198K | $32K | $167K |
| Apr 2026 | $179K | $68K | $111K |
| Mar 2026 | $371K | $49K | $322K |
| Feb 2026 | $567K | $95K | $472K |
| Jan 2026 | $578K | $234K | $344K |
| Dec 2025 | $675K | $505K | $170K |
| Nov 2025 | $388K | $15K | $373K |
| Oct 2025 | $499K | $108K | $391K |
| Sep 2025 | $111K | $207K | −$96K |
| Aug 2025 | $327K | $120K | $207K |
| Jul 2025 | $247K | $141K | $106K |
| Jun 2025 | $411K | $29K | $383K |
NSBDX Assets Under Management
Net assets of North Star Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $36.43M |
| 2026-02-28 | $36.33M |
| 2025-11-30 | $35.11M |
| 2025-08-31 | $34.54M |
| 2025-05-31 | $33.61M |
| 2025-02-28 | $33.63M |
| 2024-11-30 | $32.61M |
| 2024-08-31 | $32.14M |
| 2024-05-31 | $30.91M |
| 2024-02-29 | $29.98M |
| 2023-11-30 | $29.03M |
| 2023-08-31 | $27.15M |
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.