PBBBX Performance — PIA BBB Bond Fund
Data updated: 2026-07-24
PBBBX returned +0.74% year to date and +6.70% over one year to May 2026. Annualised returns are +5.79% over 3 years and +0.83% over 5 years. Against its Intermediate Corporate Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $118, against $119 for the category, and to $107 over one year, against $106. Volatility over the past three years was 6.29% a year. In the 12 months to May 2026 the fund lost a net $43.3M, and assets reached $182.80M.
PBBBX Growth of $100
What $100 invested in PIA BBB Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | PBBBX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $106 |
| 3 years (Jun 2023 – May 2026) | $118 | $119 |
| 5 years (Jun 2021 – May 2026) | $104 | $107 |
| Since data start (Mar 2020 – May 2026) | $107 | $112 |
PBBBX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.74% |
| 1 year | +6.70% |
| 3 years (annualised) | +5.79% |
| 5 years (annualised) | +0.83% |
PBBBX Annual Returns
Calendar-year total returns of PIA BBB Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.74% |
| 2025 | +8.14% |
| 2024 | +2.42% |
| 2023 | +9.16% |
| 2022 | −16.10% |
| 2021 | −1.19% |
| 2020 (Mar–Dec) | +5.63% |
PBBBX 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 | +0.3% | +1.3% | −2.1% | +0.6% | +0.7% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +2.0% | −0.4% | 0.0% | +0.1% | +2.0% | +0.3% | +1.1% | +1.5% | +0.4% | +0.6% | −0.1% |
| 2024 | −0.2% | −1.5% | +1.4% | −2.7% | +1.8% | +0.9% | +1.9% | +2.0% | +1.6% | −2.2% | +1.4% | −1.8% |
| 2023 | +3.7% | −3.2% | +3.0% | +0.9% | −1.4% | +0.4% | +0.4% | −0.5% | −2.8% | −1.8% | +6.0% | +4.5% |
| 2022 | −3.4% | −2.1% | −2.5% | −5.9% | +0.9% | −3.1% | +3.8% | −3.1% | −5.7% | −0.7% | +5.1% | −0.1% |
| 2021 | −1.5% | −2.2% | −1.3% | +1.1% | +0.8% | +1.9% | +1.3% | −0.3% | −1.2% | +0.2% | 0.0% | +0.1% |
| 2020 | — | — | −9.3% | +5.1% | +2.5% | +2.3% | +3.6% | −1.1% | −0.4% | −0.2% | +3.0% | +0.7% |
PBBBX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.29%
- 3-year Sharpe ratio: 0.20 (vs 4.5% risk-free rate)
- Best month: +6.05% (Nov 2023)
- Worst month: −2.79% (Sep 2023)
PBBBX Fund Flows
Monthly money in and out of PIA BBB Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$43.3M
- 12-month gross sales (incl. reinvestments): $39.2M
- Sales ÷ redemptions: 0.48×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.4M | $2.6M | −$201K |
| Apr 2026 | $2.3M | $2.5M | −$269K |
| Mar 2026 | $3.4M | $5.4M | −$2.0M |
| Feb 2026 | $3.9M | $1.7M | $2.2M |
| Jan 2026 | $3.2M | $2.0M | $1.2M |
| Dec 2025 | $2.6M | $3.3M | −$635K |
| Nov 2025 | $2.7M | $2.1M | $565K |
| Oct 2025 | $3.5M | $12.5M | −$9.0M |
| Sep 2025 | $3.2M | $16.1M | −$12.8M |
| Aug 2025 | $4.2M | $2.9M | $1.3M |
| Jul 2025 | $5.2M | $5.3M | −$73K |
| Jun 2025 | $2.4M | $26.0M | −$23.6M |
PBBBX Assets Under Management
Net assets of PIA BBB Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $182.80M |
| 2026-02-28 | $188.84M |
| 2025-11-30 | $185.27M |
| 2025-08-31 | $203.46M |
| 2025-05-31 | $220.77M |
| 2025-02-28 | $221.04M |
| 2024-11-30 | $217.97M |
| 2024-08-31 | $214.36M |
| 2024-05-31 | $202.82M |
| 2024-02-29 | $198.29M |
| 2023-11-30 | $191.19M |
| 2023-08-31 | $191.10M |
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.