NSITX Performance — Limited Term Tax-Exempt Fund
Data updated: 2026-08-28
NSITX returned +1.11% year to date and +3.36% over one year to Jun 2026. Annualised returns are +3.22% over 3 years and +1.44% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $111 for the category, and to $103 over one year, against $104. Volatility over the past three years was 2.26% a year. In the 12 months to Jun 2026 the fund lost a net $32.8M, and assets reached $308.73M.
NSITX Growth of $100
What $100 invested in Limited Term Tax-Exempt Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | NSITX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $107 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $113 | $113 |
NSITX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.11% |
| 1 year | +3.36% |
| 3 years (annualised) | +3.22% |
| 5 years (annualised) | +1.44% |
NSITX Annual Returns
Calendar-year total returns of Limited Term Tax-Exempt Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.11% |
| 2025 | +4.06% |
| 2024 | +2.18% |
| 2023 | +3.20% |
| 2022 | −3.21% |
| 2021 | −0.05% |
| 2020 | +3.51% |
| 2019 (Jul–Dec) | +1.28% |
NSITX 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% | +0.6% | −1.2% | +0.4% | +0.1% | +0.4% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.6% | −0.4% | −0.2% | +0.6% | +0.6% | +0.4% | +0.5% | +0.6% | +0.1% | +0.2% | +0.3% |
| 2024 | 0.0% | +0.1% | −0.1% | −0.5% | −0.1% | +1.0% | +0.8% | +0.8% | +0.6% | −0.7% | +0.6% | −0.3% |
| 2023 | +1.5% | −1.6% | +1.5% | −0.4% | −0.5% | +0.5% | +0.2% | −0.2% | −1.1% | 0.0% | +2.5% | +1.0% |
| 2022 | −1.6% | −0.2% | −1.6% | −1.2% | +1.2% | −0.2% | +1.4% | −1.4% | −1.8% | −0.2% | +2.1% | +0.2% |
| 2021 | +0.2% | −0.7% | +0.2% | +0.3% | +0.1% | 0.0% | +0.4% | −0.1% | −0.3% | −0.1% | +0.2% | 0.0% |
| 2020 | +0.9% | +0.4% | −1.6% | +0.1% | +2.2% | +0.2% | +0.7% | −0.1% | +0.1% | −0.1% | +0.5% | +0.2% |
| 2019 | — | — | — | — | — | — | +0.6% | +0.4% | −0.5% | +0.3% | +0.1% | +0.3% |
NSITX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.26%
- 3-year Sharpe ratio: -0.57 (vs 4.5% risk-free rate)
- Best month: +2.46% (Nov 2023)
- Worst month: −1.16% (Mar 2026)
NSITX Fund Flows
Monthly money in and out of Limited Term Tax-Exempt Fund, from SEC Form N-PORT.
- 12-month net flow: −$32.8M
- 12-month gross sales (incl. reinvestments): $43.7M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.1M | $4.8M | −$3.7M |
| May 2026 | $2.2M | $9.8M | −$7.5M |
| Apr 2026 | $2.0M | $7.3M | −$5.3M |
| Mar 2026 | $2.4M | $2.6M | −$218K |
| Feb 2026 | $1.0M | $2.0M | −$993K |
| Jan 2026 | $8.0M | $3.1M | $4.9M |
| Dec 2025 | $7.2M | $7.1M | $121K |
| Nov 2025 | $1.1M | $10.6M | −$9.4M |
| Oct 2025 | $1.7M | $6.6M | −$5.0M |
| Sep 2025 | $6.6M | $7.5M | −$856K |
| Aug 2025 | $6.1M | $6.4M | −$324K |
| Jul 2025 | $4.2M | $8.7M | −$4.6M |
NSITX Assets Under Management
Net assets of Limited Term Tax-Exempt Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $308.73M |
| 2026-03-31 | $324.29M |
| 2025-12-31 | $322.28M |
| 2025-09-30 | $336.45M |
| 2025-06-30 | $339.31M |
| 2025-03-31 | $351.10M |
| 2024-12-31 | $357.44M |
| 2024-09-30 | $384.71M |
| 2024-06-28 | $392.69M |
| 2024-03-28 | $429.47M |
| 2023-12-29 | $464.51M |
| 2023-09-29 | $487.91M |
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.