SMSAX Performance — SIMT Multi-Strategy Alternatives Fund, Class F
Data updated: 2026-08-28
SMSAX returned +7.33% year to date and +14.26% over one year to Jun 2026. Annualised returns are +9.97% over 3 years and +4.98% over 5 years. The fund trailed its Moderate Allocation category average: $100 invested three years ago grew to $133, against $141 for the category, and to $114 over one year, against $115. Volatility over the past three years was 4.52% a year. In the 12 months to Jun 2026 the fund lost a net $23.7M, and assets reached $240.15M.
SMSAX Growth of $100
What $100 invested in SIMT Multi-Strategy Alternatives Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | SMSAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $115 |
| 3 years (Jul 2023 – Jun 2026) | $133 | $141 |
| 5 years (Jul 2021 – Jun 2026) | $127 | $133 |
| Since data start (Jul 2019 – Jun 2026) | $148 | $169 |
SMSAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.33% |
| 1 year | +14.26% |
| 3 years (annualised) | +9.97% |
| 5 years (annualised) | +4.98% |
SMSAX Annual Returns
Calendar-year total returns of SIMT Multi-Strategy Alternatives Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.33% |
| 2025 | +10.62% |
| 2024 | +6.44% |
| 2023 | +7.20% |
| 2022 | −4.94% |
| 2021 | +1.47% |
| 2020 | +12.17% |
| 2019 (Jul–Dec) | +1.22% |
SMSAX 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 | −1.8% | +2.1% | +1.8% | +0.4% | +2.4% | +2.4% | — | — | — | — | — | — |
| 2025 | −1.5% | −0.6% | +1.1% | +2.5% | +2.5% | 0.0% | +1.3% | +1.3% | +0.7% | +1.1% | +0.9% | +1.0% |
| 2024 | +1.9% | +1.2% | −0.6% | −0.5% | +1.1% | −0.3% | +1.6% | +0.3% | +1.3% | −1.4% | +2.0% | −0.3% |
| 2023 | −0.2% | −0.4% | +1.6% | +1.5% | −0.4% | −0.2% | +0.1% | −0.6% | +1.3% | +3.2% | +2.4% | −1.2% |
| 2022 | 0.0% | +0.4% | −0.6% | −2.8% | −1.9% | −1.9% | −1.9% | +0.7% | +0.4% | +0.5% | +0.4% | +1.8% |
| 2021 | −0.7% | +1.8% | −0.1% | −0.2% | 0.0% | +1.6% | −0.3% | +0.7% | −1.6% | +1.2% | −1.3% | +0.4% |
| 2020 | −5.4% | −0.7% | +0.1% | +1.5% | +2.5% | +3.0% | +0.7% | +1.6% | +1.5% | +1.9% | +4.2% | +1.0% |
| 2019 | — | — | — | — | — | — | +1.1% | −1.0% | +0.8% | +0.6% | −0.5% | +0.3% |
SMSAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.52%
- 3-year Sharpe ratio: 1.21 (vs 4.5% risk-free rate)
- Best month: +3.24% (Oct 2023)
- Worst month: −1.84% (Jan 2026)
SMSAX Fund Flows
Monthly money in and out of SIMT Multi-Strategy Alternatives Fund, from SEC Form N-PORT.
- 12-month net flow: −$23.7M
- 12-month gross sales (incl. reinvestments): $28.4M
- Sales ÷ redemptions: 0.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.6M | $4.8M | −$3.2M |
| May 2026 | $1.2M | $3.0M | −$1.8M |
| Apr 2026 | $1.5M | $3.7M | −$2.2M |
| Mar 2026 | $1.2M | $3.4M | −$2.2M |
| Feb 2026 | $2.0M | $4.2M | −$2.2M |
| Jan 2026 | $1.7M | $4.0M | −$2.3M |
| Dec 2025 | $1.7M | $6.2M | −$4.5M |
| Nov 2025 | $1.3M | $4.7M | −$3.4M |
| Oct 2025 | $11.9M | $3.7M | $8.2M |
| Sep 2025 | $1.4M | $6.9M | −$5.5M |
| Aug 2025 | $1.5M | $3.6M | −$2.1M |
| Jul 2025 | $1.5M | $4.0M | −$2.5M |
SMSAX Assets Under Management
Net assets of SIMT Multi-Strategy Alternatives Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $240.15M |
| 2026-03-31 | $235.22M |
| 2025-12-31 | $236.88M |
| 2025-09-30 | $241.23M |
| 2025-06-30 | $243.37M |
| 2025-03-31 | $240.48M |
| 2024-12-31 | $255.71M |
| 2024-09-30 | $269.19M |
| 2024-06-30 | $278.56M |
| 2024-03-31 | $291.26M |
| 2023-12-31 | $364.19M |
| 2023-09-30 | $368.94M |
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.