SEAAX Performance — Steward Select Bond Fund, Class C
Data updated: 2026-09-28
SEAAX returned +1.42% over one year to Mar 2024. The annualised 3-year return is −3.01%. The fund trailed its Intermediate Corporate Bond category average: $100 invested three years ago grew to $91, against $97 for the category, and to $101 over one year, against $105. Volatility over the past three years was 6.12% a year. In the 12 months to Jul 2026 the fund took in a net $26.0M, and assets reached $214.70M.
SEAAX Growth of $100
What $100 invested in Steward Select 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 | SEAAX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $101 | $105 |
| 3 years (Apr 2021 – Mar 2024) | $91 | $97 |
| Since data start (Aug 2019 – Mar 2024) | $95 | $105 |
SEAAX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.42% |
| 3 years (annualised) | −3.01% |
SEAAX Annual Returns
Calendar-year total returns of Steward Select Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | −0.58% |
| 2023 | +4.46% |
| 2022 | −12.60% |
| 2021 | −2.40% |
| 2020 | +4.98% |
| 2019 (Aug–Dec) | +1.89% |
SEAAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.1% | −1.2% | +0.7% | — | — | — | — | — | — | — | — | — |
| 2023 | +2.5% | −2.6% | +2.6% | +0.4% | −1.0% | −0.2% | 0.0% | −0.3% | −1.6% | −0.9% | +3.2% | +2.4% |
| 2022 | −2.1% | −1.2% | −2.6% | −3.6% | +0.7% | −1.8% | +2.2% | −2.7% | −3.9% | −0.8% | +3.1% | −0.4% |
| 2021 | −0.8% | −1.2% | −0.9% | +0.7% | +0.2% | +0.7% | +0.7% | −0.4% | −0.8% | −0.4% | −0.2% | −0.1% |
| 2020 | +1.2% | +0.8% | −2.4% | +2.9% | +0.8% | +0.5% | +1.4% | −0.6% | −0.2% | −0.4% | +1.0% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +1.4% | −0.2% | +0.4% | +0.1% | +0.2% |
SEAAX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 6.12%
- 3-year Sharpe ratio: -1.23 (vs 4.5% risk-free rate)
- Best month: +3.16% (Nov 2023)
- Worst month: −3.90% (Sep 2022)
SEAAX Fund Flows
Monthly money in and out of Steward Select Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $26.0M
- 12-month gross sales (incl. reinvestments): $61.8M
- Sales ÷ redemptions: 1.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.7M | $3.7M | −$1.1M |
| Jun 2026 | $3.6M | $8.1M | −$4.5M |
| May 2026 | $2.8M | $783K | $2.0M |
| Apr 2026 | $14.0M | $2.1M | $11.9M |
| Mar 2026 | $4.6M | $1.6M | $3.1M |
| Feb 2026 | $5.1M | $1.6M | $3.5M |
| Jan 2026 | $4.3M | $1.9M | $2.4M |
| Dec 2025 | $5.2M | $2.0M | $3.3M |
| Nov 2025 | $2.0M | $2.2M | −$193K |
| Oct 2025 | $2.6M | $1.8M | $813K |
| Sep 2025 | $12.4M | $4.2M | $8.1M |
| Aug 2025 | $2.4M | $5.8M | −$3.3M |
SEAAX Assets Under Management
Net assets of Steward Select Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $214.70M |
| 2026-04-30 | $221.56M |
| 2026-01-30 | $204.76M |
| 2025-10-31 | $200.42M |
| 2025-07-31 | $191.95M |
| 2025-04-30 | $191.90M |
| 2025-01-31 | $194.20M |
| 2024-10-31 | $204.12M |
| 2024-07-31 | $202.16M |
| 2024-04-30 | $191.36M |
| 2024-01-31 | $190.49M |
| 2023-10-31 | $162.45M |
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.