RFACX Performance — Investment Grade Bond Fund, Class C
Data updated: 2026-09-25
RFACX returned −1.29% year to date and +1.42% over one year to Jul 2026. Annualised returns are +2.66% over 3 years and −2.05% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $108, against $113 for the category, and to $101 over one year, against $103. Volatility over the past three years was 5.50% a year. In the 12 months to Jul 2026 the fund took in a net $23.9M, and assets reached $1.01B.
RFACX Growth of $100
What $100 invested in Investment Grade Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | RFACX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $101 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $108 | $113 |
| 5 years (Aug 2021 – Jul 2026) | $90 | $100 |
| Since data start (Aug 2019 – Jul 2026) | $99 | $110 |
RFACX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −1.29% |
| 1 year | +1.42% |
| 3 years (annualised) | +2.66% |
| 5 years (annualised) | −2.05% |
RFACX Annual Returns
Calendar-year total returns of Investment Grade Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −1.29% |
| 2025 | +6.16% |
| 2024 | +0.40% |
| 2023 | +3.97% |
| 2022 | −15.82% |
| 2021 | −2.23% |
| 2020 | +7.80% |
| 2019 (Aug–Dec) | +1.52% |
RFACX 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 | +0.1% | +1.5% | −2.0% | +0.1% | +0.2% | +0.2% | −1.4% | — | — | — | — | — |
| 2025 | +0.4% | +2.1% | −0.1% | +0.2% | −0.6% | +1.6% | −0.3% | +1.1% | +0.9% | +0.4% | +0.6% | −0.4% |
| 2024 | −0.1% | −1.5% | +0.8% | −2.5% | +1.7% | +0.9% | +2.1% | +1.3% | +1.2% | −2.6% | +1.1% | −1.8% |
| 2023 | +3.3% | −2.8% | +2.5% | +0.5% | −1.4% | −0.8% | −0.1% | −0.6% | −2.5% | −1.6% | +4.2% | +3.5% |
| 2022 | −2.1% | −1.3% | −3.6% | −3.8% | −0.1% | −1.8% | +2.2% | −2.6% | −4.2% | −1.7% | +3.1% | −0.8% |
| 2021 | −0.5% | −1.6% | −1.4% | +0.9% | +0.4% | +0.9% | +1.3% | −0.3% | −1.1% | −0.6% | +0.3% | −0.4% |
| 2020 | +2.3% | +1.6% | −3.5% | +2.6% | +1.5% | +1.2% | +1.7% | −0.5% | −0.2% | −0.7% | +1.5% | +0.2% |
| 2019 | — | — | — | — | — | — | — | +2.6% | −0.7% | +0.1% | −0.2% | −0.2% |
RFACX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.50%
- 3-year Sharpe ratio: -0.33 (vs 4.5% risk-free rate)
- Best month: +4.23% (Nov 2023)
- Worst month: −2.60% (Oct 2024)
RFACX Fund Flows
Monthly money in and out of Investment Grade Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $23.9M
- 12-month gross sales (incl. reinvestments): $255.7M
- Sales ÷ redemptions: 1.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $15.7M | $10.5M | $5.1M |
| Jun 2026 | $15.2M | $15.4M | −$211K |
| May 2026 | $15.9M | $12.0M | $3.9M |
| Apr 2026 | $18.0M | $13.0M | $5.0M |
| Mar 2026 | $18.5M | $16.3M | $2.3M |
| Feb 2026 | $20.5M | $12.1M | $8.5M |
| Jan 2026 | $17.5M | $15.6M | $1.8M |
| Dec 2025 | $35.0M | $17.4M | $17.6M |
| Nov 2025 | $38.4M | $72.9M | −$34.5M |
| Oct 2025 | $22.7M | $16.7M | $6.0M |
| Sep 2025 | $16.2M | $16.5M | −$271K |
| Aug 2025 | $22.0M | $13.4M | $8.6M |
RFACX Assets Under Management
Net assets of Investment Grade Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.01B |
| 2026-04-30 | $1.01B |
| 2026-01-31 | $1.01B |
| 2025-10-31 | $1.04B |
| 2025-07-31 | $1.01B |
| 2025-04-30 | $968.03M |
| 2025-01-31 | $970.61M |
| 2024-10-31 | $1.06B |
| 2024-07-31 | $1.07B |
| 2024-04-30 | $1.04B |
| 2024-01-31 | $1.15B |
| 2023-10-31 | $1.05B |
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.