PAPIX Performance — Princeton Adaptive Premium Fund, Class I
Data updated: 2026-09-28
PAPIX returned +2.20% year to date and +5.22% over one year to Jul 2026. The annualised 3-year return is +5.29%. Against its Ultrashort Government Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $117, against $119 for the category, and to $105 over one year, against $97. Volatility over the past three years was 1.10% a year. In the 12 months to Jul 2026 the fund took in a net $445K, and assets reached $1.78M.
PAPIX Growth of $100
What $100 invested in Princeton Adaptive Premium Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | PAPIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $97 |
| 3 years (Aug 2023 – Jul 2026) | $117 | $119 |
| Since data start (Aug 2022 – Jul 2026) | $122 | $122 |
PAPIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.20% |
| 1 year | +5.22% |
| 3 years (annualised) | +5.29% |
PAPIX Annual Returns
Calendar-year total returns of Princeton Adaptive Premium Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.20% |
| 2025 | +6.66% |
| 2024 | +4.24% |
| 2023 | +5.83% |
| 2022 (Aug–Dec) | +1.12% |
PAPIX 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 | +0.2% | +0.6% | +0.3% | 0.0% | +0.3% | +0.4% | +0.4% | — | — | — | — | — |
| 2025 | +0.4% | +0.5% | +0.6% | +0.8% | +0.6% | +0.5% | +0.2% | +0.7% | +0.5% | +0.9% | +0.8% | +0.1% |
| 2024 | +0.3% | +0.4% | +0.6% | +0.7% | +0.5% | +0.3% | +0.5% | −0.9% | +0.7% | +0.8% | +0.4% | −0.1% |
| 2023 | +0.4% | +0.2% | +0.6% | +0.3% | +0.7% | +0.3% | +0.5% | +0.5% | +0.6% | +0.9% | +0.4% | +0.3% |
| 2022 | — | — | — | — | — | — | — | 0.0% | 0.0% | +0.5% | +0.3% | +0.3% |
PAPIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.10%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +0.88% (Oct 2023)
- Worst month: −0.87% (Aug 2024)
PAPIX Fund Flows
Monthly money in and out of Princeton Adaptive Premium Fund, from SEC Form N-PORT.
- 12-month net flow: $445K
- 12-month gross sales (incl. reinvestments): $949K
- Sales ÷ redemptions: 1.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $111K | $3K | $109K |
| Jun 2026 | $5K | $297K | −$292K |
| May 2026 | $1K | $2K | −$696 |
| Apr 2026 | $182K | $2K | $180K |
| Mar 2026 | $27K | $64K | −$37K |
| Feb 2026 | $57K | $26K | $30K |
| Jan 2026 | $11K | $1K | $10K |
| Dec 2025 | $55K | $22K | $32K |
| Nov 2025 | $347K | $20K | $327K |
| Oct 2025 | $139K | $60K | $79K |
| Sep 2025 | $14K | $7K | $7K |
| Aug 2025 | $0 | $35 | −$35 |
PAPIX Assets Under Management
Net assets of Princeton Adaptive Premium Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.78M |
| 2026-04-30 | $1.96M |
| 2026-01-31 | $1.78M |
| 2025-10-31 | $1.46M |
| 2025-07-31 | $1.36M |
| 2025-04-30 | $1.96M |
| 2025-01-31 | $2.25M |
| 2024-10-31 | $2.59M |
| 2024-07-31 | $2.35M |
| 2024-04-30 | $2.30M |
| 2024-01-31 | $2.10M |
| 2023-10-31 | $1.69M |
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.