RMRGX Performance — Highland Resolute Fund, Class I
Data updated: 2023-07-14
RMRGX returned −2.47% over one year to Apr 2023. The annualised 3-year return is +6.27%. Against its Commodities category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $120, against $141 for the category, and to $98 over one year, against $94. Volatility over the past three years was 9.33% a year. In the 12 months to Apr 2023 the fund lost a net $79.8M, and assets reached $121.34M.
RMRGX Growth of $100
What $100 invested in Highland Resolute Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | RMRGX | Category average |
|---|---|---|
| 1 year (May 2022 – Apr 2023) | $98 | $94 |
| 3 years (May 2020 – Apr 2023) | $120 | $141 |
| Since data start (Aug 2019 – Apr 2023) | $110 | $130 |
RMRGX Trailing Returns
Total returns to Apr 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.47% |
| 3 years (annualised) | +6.27% |
RMRGX Annual Returns
Calendar-year total returns of Highland Resolute Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Apr) | +2.02% |
| 2022 | −13.54% |
| 2021 | +16.91% |
| 2020 | +5.07% |
| 2019 (Aug–Dec) | +1.67% |
RMRGX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.6% | −1.2% | +0.2% | +0.5% | — | — | — | — | — | — | — | — |
| 2022 | −4.2% | −1.7% | +1.1% | −5.0% | −0.1% | −4.3% | +4.7% | −2.9% | −4.8% | +2.9% | +1.8% | −1.4% |
| 2021 | −0.7% | +2.1% | +2.6% | +3.0% | +1.0% | +1.6% | +1.1% | +2.2% | −2.7% | +3.3% | −0.3% | +2.6% |
| 2020 | +0.2% | −2.2% | −10.5% | +3.0% | +2.6% | +1.6% | +3.1% | +2.5% | −1.5% | −1.0% | +5.8% | +2.4% |
| 2019 | — | — | — | — | — | — | — | −0.9% | −0.1% | 0.0% | +0.9% | +1.8% |
RMRGX Risk
Risk measures from monthly returns over May 2020 – Apr 2023.
- 3-year volatility (annualised): 9.33%
- 3-year Sharpe ratio: 0.19 (vs 4.5% risk-free rate)
- Best month: +5.82% (Nov 2020)
- Worst month: −4.98% (Apr 2022)
RMRGX Fund Flows
Monthly money in and out of Highland Resolute Fund, from SEC Form N-PORT.
- 12-month net flow: −$79.8M
- 12-month gross sales (incl. reinvestments): $6.1M
- Sales ÷ redemptions: 0.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2023 | $0 | $5.4M | −$5.4M |
| Mar 2023 | $0 | $4.2M | −$4.2M |
| Feb 2023 | $0 | $16.6M | −$16.6M |
| Jan 2023 | $0 | $7.1M | −$7.1M |
| Dec 2022 | $250K | $34.2M | −$33.9M |
| Nov 2022 | $97K | $5.0M | −$4.9M |
| Oct 2022 | $48K | $3.8M | −$3.8M |
| Sep 2022 | $92K | $260K | −$168K |
| Aug 2022 | $5.1M | $7.2M | −$2.0M |
| Jul 2022 | $0 | $1.5M | −$1.5M |
| Jun 2022 | $398K | $0 | $398K |
| May 2022 | $100K | $785K | −$685K |
RMRGX Assets Under Management
Net assets of Highland Resolute Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-04-30 | $121.34M |
| 2023-01-31 | $148.54M |
| 2022-10-31 | $189.61M |
| 2022-07-31 | $205.66M |
| 2022-04-30 | $206.36M |
| 2022-01-31 | $209.03M |
| 2021-10-31 | $207.58M |
| 2021-07-31 | $188.77M |
| 2021-04-30 | $159.45M |
| 2021-01-31 | $216.47M |
| 2020-10-31 | $199.89M |
| 2020-07-31 | $193.49M |
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.