NTAUX Performance — Tax-Advantaged Ultra-Short Fixed Income Fund
Data updated: 2026-08-28
NTAUX returned +1.36% year to date and +2.99% over one year to Jun 2026. Annualised returns are +3.77% over 3 years and +2.42% over 5 years. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $112, against $157 for the category, and to $103 over one year, against $121. Volatility over the past three years was 0.71% a year. In the 12 months to Jun 2026 the fund lost a net $20.1M, and assets reached $2.89B.
NTAUX Growth of $100
What $100 invested in Tax-Advantaged Ultra-Short Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | NTAUX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $113 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $116 | $165 |
NTAUX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.36% |
| 1 year | +2.99% |
| 3 years (annualised) | +3.77% |
| 5 years (annualised) | +2.42% |
NTAUX Annual Returns
Calendar-year total returns of Tax-Advantaged Ultra-Short Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.36% |
| 2025 | +3.46% |
| 2024 | +3.80% |
| 2023 | +4.82% |
| 2022 | −1.16% |
| 2021 | +0.08% |
| 2020 | +1.52% |
| 2019 (Jul–Dec) | +0.93% |
NTAUX 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 | +0.5% | +0.3% | −0.3% | +0.2% | +0.2% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.4% | +0.4% | +0.2% | +0.1% | +0.5% | +0.4% | +0.4% | +0.4% | +0.1% | +0.1% | +0.3% | +0.2% |
| 2024 | +0.3% | +0.3% | +0.2% | +0.3% | +0.3% | +0.5% | +0.6% | +0.5% | +0.4% | −0.1% | +0.4% | +0.2% |
| 2023 | +0.9% | −0.1% | +0.5% | +0.1% | +0.2% | +0.5% | +0.3% | +0.4% | +0.1% | +0.4% | +0.9% | +0.6% |
| 2022 | −0.5% | −0.2% | −0.8% | −0.3% | +0.2% | −0.4% | +0.3% | −0.2% | −0.4% | −0.1% | +0.8% | +0.4% |
| 2021 | +0.1% | −0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −0.1% | −0.1% | −0.1% | 0.0% |
| 2020 | +0.3% | +0.2% | −0.6% | +0.2% | +0.8% | +0.2% | +0.2% | +0.1% | +0.1% | 0.0% | +0.1% | 0.0% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.2% | −0.1% | +0.2% | +0.1% | +0.2% |
NTAUX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 0.71%
- 3-year Sharpe ratio: -1.03 (vs 4.5% risk-free rate)
- Best month: +0.86% (Nov 2023)
- Worst month: −0.34% (Mar 2026)
NTAUX Fund Flows
Monthly money in and out of Tax-Advantaged Ultra-Short Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$20.1M
- 12-month gross sales (incl. reinvestments): $1.3B
- Sales ÷ redemptions: 0.98×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $118.1M | $175.3M | −$57.2M |
| May 2026 | $85.8M | $66.9M | $18.9M |
| Apr 2026 | $108.7M | $114.3M | −$5.6M |
| Mar 2026 | $51.9M | $158.4M | −$106.6M |
| Feb 2026 | $123.0M | $50.6M | $72.4M |
| Jan 2026 | $126.1M | $105.9M | $20.2M |
| Dec 2025 | $84.2M | $100.6M | −$16.4M |
| Nov 2025 | $70.8M | $61.7M | $9.0M |
| Oct 2025 | $72.7M | $227.1M | −$154.4M |
| Sep 2025 | $243.8M | $104.3M | $139.5M |
| Aug 2025 | $83.6M | $45.0M | $38.6M |
| Jul 2025 | $92.0M | $70.5M | $21.4M |
NTAUX Assets Under Management
Net assets of Tax-Advantaged Ultra-Short Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.89B |
| 2026-03-31 | $2.93B |
| 2025-12-31 | $2.95B |
| 2025-09-30 | $3.12B |
| 2025-06-30 | $2.91B |
| 2025-03-31 | $2.76B |
| 2024-12-31 | $2.57B |
| 2024-09-30 | $2.56B |
| 2024-06-28 | $2.42B |
| 2024-03-28 | $2.51B |
| 2023-12-29 | $2.45B |
| 2023-09-29 | $2.36B |
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.