SAOTX Performance — Overlay A Portfolio, Class 2
Data updated: 2026-08-26
SAOTX returned +9.45% year to date and +19.08% over one year to Jun 2026. Annualised returns are +15.64% over 3 years and +5.61% over 5 years. Against its US Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $155, against $157 for the category, and to $119 over one year, against $118. Volatility over the past three years was 12.99% a year. In the 12 months to Jun 2026 the fund lost a net $74.3M, and assets reached $405.95M.
SAOTX Growth of $100
What $100 invested in Overlay A Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | SAOTX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $119 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $155 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $131 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $165 | $229 |
SAOTX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.45% |
| 1 year | +19.08% |
| 3 years (annualised) | +15.64% |
| 5 years (annualised) | +5.61% |
SAOTX Annual Returns
Calendar-year total returns of Overlay A Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.45% |
| 2025 | +18.78% |
| 2024 | +13.70% |
| 2023 | +11.00% |
| 2022 | −23.96% |
| 2021 | +18.49% |
| 2020 | +5.90% |
| 2019 (Jul–Dec) | +5.40% |
SAOTX 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 | +3.7% | +1.9% | −5.7% | +7.1% | +2.9% | −0.3% | — | — | — | — | — | — |
| 2025 | +3.2% | −0.2% | −4.6% | +1.6% | +4.0% | +5.2% | +1.3% | +1.8% | +3.5% | +1.7% | 0.0% | +0.3% |
| 2024 | +0.7% | +4.9% | +4.4% | −5.7% | +4.9% | +2.1% | +1.5% | +2.9% | +2.1% | −4.1% | +4.0% | −4.0% |
| 2023 | +6.4% | −4.0% | +2.0% | +0.6% | −2.5% | +3.8% | +2.6% | −3.4% | −5.3% | −3.6% | +9.0% | +6.1% |
| 2022 | −5.8% | −3.0% | −0.4% | −6.0% | 0.0% | −4.8% | +4.4% | −4.7% | −7.5% | +0.7% | +3.9% | −3.0% |
| 2021 | −1.1% | +2.8% | +3.0% | +5.0% | +1.3% | +1.1% | +2.2% | +2.4% | −4.5% | +4.4% | −2.3% | +3.4% |
| 2020 | −1.8% | −6.7% | −11.5% | +3.0% | +4.2% | +1.6% | +5.0% | +4.6% | −2.9% | −2.3% | +10.3% | +4.2% |
| 2019 | — | — | — | — | — | — | 0.0% | −1.1% | +0.8% | +1.7% | +1.4% | +2.6% |
SAOTX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.99%
- 3-year Sharpe ratio: 0.86 (vs 4.5% risk-free rate)
- Best month: +8.97% (Nov 2023)
- Worst month: −5.71% (Mar 2026)
SAOTX Fund Flows
Monthly money in and out of Overlay A Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$74.3M
- 12-month gross sales (incl. reinvestments): $43.4M
- Sales ÷ redemptions: 0.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $598K | $12.0M | −$11.4M |
| May 2026 | $628K | $10.0M | −$9.3M |
| Apr 2026 | $2.8M | $12.2M | −$9.4M |
| Mar 2026 | $1.2M | $5.2M | −$4.0M |
| Feb 2026 | $1.7M | $10.0M | −$8.3M |
| Jan 2026 | $1.0M | $8.7M | −$7.7M |
| Dec 2025 | $32.2M | $10.6M | $21.6M |
| Nov 2025 | $535K | $10.7M | −$10.2M |
| Oct 2025 | $630K | $8.7M | −$8.1M |
| Sep 2025 | $631K | $5.4M | −$4.7M |
| Aug 2025 | $323K | $12.1M | −$11.7M |
| Jul 2025 | $1.1M | $12.1M | −$11.0M |
SAOTX Assets Under Management
Net assets of Overlay A Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $405.95M |
| 2026-03-31 | $397.77M |
| 2025-12-31 | $418.67M |
| 2025-09-30 | $439.24M |
| 2025-06-30 | $438.47M |
| 2025-03-31 | $408.55M |
| 2024-12-31 | $442.53M |
| 2024-09-30 | $508.29M |
| 2024-06-30 | $514.21M |
| 2024-03-31 | $573.14M |
| 2023-12-31 | $754.85M |
| 2023-09-30 | $787.09M |
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.