PIFIX Performance — SAM Flexible Income Portfolio, Institutional Class
Data updated: 2026-09-25
PIFIX returned +3.17% year to date and +7.87% over one year to Jul 2026. Annualised returns are +7.86% over 3 years and +3.00% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $125, against $139 for the category, and to $108 over one year, against $114. Volatility over the past three years was 6.37% a year. In the 12 months to Jul 2026 the fund lost a net $181.9M, and assets reached $2.13B.
PIFIX Growth of $100
What $100 invested in SAM Flexible Income Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | PIFIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $114 |
| 3 years (Aug 2023 – Jul 2026) | $125 | $139 |
| 5 years (Aug 2021 – Jul 2026) | $116 | $135 |
| Since data start (Aug 2019 – Jul 2026) | $136 | $172 |
PIFIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.17% |
| 1 year | +7.87% |
| 3 years (annualised) | +7.86% |
| 5 years (annualised) | +3.00% |
PIFIX Annual Returns
Calendar-year total returns of SAM Flexible Income Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +3.17% |
| 2025 | +9.88% |
| 2024 | +6.61% |
| 2023 | +9.39% |
| 2022 | −13.20% |
| 2021 | +6.78% |
| 2020 | +6.92% |
| 2019 (Aug–Dec) | +3.66% |
PIFIX 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 | +1.2% | +1.5% | −2.9% | +2.5% | +1.2% | +0.3% | −0.5% | — | — | — | — | — |
| 2025 | +1.5% | +1.2% | −1.2% | 0.0% | +1.0% | +2.2% | +0.3% | +1.6% | +1.5% | +0.6% | +0.7% | +0.1% |
| 2024 | +0.3% | +0.5% | +1.6% | −2.5% | +2.2% | +1.0% | +2.1% | +1.8% | +1.4% | −1.9% | +2.2% | −2.1% |
| 2023 | +4.0% | −2.3% | +1.6% | +0.8% | −0.9% | +1.3% | +0.9% | −0.9% | −2.8% | −1.8% | +5.5% | +4.0% |
| 2022 | −2.6% | −1.8% | −0.5% | −4.5% | +0.5% | −4.5% | +4.4% | −2.7% | −5.3% | +0.8% | +4.2% | −1.5% |
| 2021 | −0.5% | +0.4% | +0.9% | +2.2% | +0.7% | +0.9% | +0.9% | +0.6% | −1.7% | +1.7% | −1.1% | +1.6% |
| 2020 | +0.6% | −2.0% | −7.4% | +4.6% | +1.9% | +1.1% | +2.7% | +1.3% | −1.0% | −0.5% | +4.2% | +1.7% |
| 2019 | — | — | — | — | — | — | — | +0.7% | +0.5% | +0.7% | +0.7% | +1.0% |
PIFIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.37%
- 3-year Sharpe ratio: 0.53 (vs 4.5% risk-free rate)
- Best month: +5.51% (Nov 2023)
- Worst month: −2.95% (Mar 2026)
PIFIX Fund Flows
Monthly money in and out of SAM Flexible Income Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$181.9M
- 12-month gross sales (incl. reinvestments): $199.9M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $11.0M | $31.1M | −$20.0M |
| Jun 2026 | $12.8M | $28.2M | −$15.4M |
| May 2026 | $13.7M | $26.0M | −$12.3M |
| Apr 2026 | $13.6M | $28.0M | −$14.4M |
| Mar 2026 | $11.9M | $32.2M | −$20.2M |
| Feb 2026 | $12.3M | $31.4M | −$19.1M |
| Jan 2026 | $37.1M | $34.1M | $3.0M |
| Dec 2025 | $26.7M | $32.4M | −$5.7M |
| Nov 2025 | $19.7M | $25.3M | −$5.6M |
| Oct 2025 | $17.1M | $38.9M | −$21.8M |
| Sep 2025 | $13.2M | $41.0M | −$27.9M |
| Aug 2025 | $10.6M | $33.2M | −$22.5M |
PIFIX Assets Under Management
Net assets of SAM Flexible Income Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.13B |
| 2026-04-30 | $2.17B |
| 2026-01-31 | $2.21B |
| 2025-10-31 | $2.23B |
| 2025-07-31 | $2.23B |
| 2025-04-30 | $2.22B |
| 2025-01-31 | $2.30B |
| 2024-10-31 | $2.35B |
| 2024-07-31 | $2.38B |
| 2024-04-30 | $2.32B |
| 2024-01-31 | $2.40B |
| 2023-10-31 | $2.25B |
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.