SRTMX Performance — Series M
Data updated: 2026-08-28
SRTMX returned +1.02% year to date and +4.13% over one year to Jun 2026. Annualised returns are +2.76% over 3 years and +0.71% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $109, against $111 for the category, and to $104 over one year, against $106. Volatility over the past three years was 3.90% a year. In the 12 months to Jun 2026 the fund took in a net $12.1M, and assets reached $340.98M.
SRTMX Growth of $100
What $100 invested in Series M grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | SRTMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $109 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $104 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $112 | $112 |
SRTMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.02% |
| 1 year | +4.13% |
| 3 years (annualised) | +2.76% |
| 5 years (annualised) | +0.71% |
SRTMX Annual Returns
Calendar-year total returns of Series M, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.02% |
| 2025 | +3.07% |
| 2024 | +1.23% |
| 2023 | +5.01% |
| 2022 | −6.76% |
| 2021 | +0.97% |
| 2020 | +5.71% |
| 2019 (Jul–Dec) | +2.06% |
SRTMX 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 | +1.1% | +0.9% | −2.4% | +0.8% | +0.2% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.2% | +0.7% | −1.2% | −0.3% | 0.0% | +0.5% | 0.0% | +0.6% | +1.2% | +0.7% | +0.2% | +0.2% |
| 2024 | −0.2% | 0.0% | −0.1% | −0.8% | −0.2% | +1.3% | +0.7% | +0.5% | +0.7% | −1.2% | +1.4% | −0.9% |
| 2023 | +2.3% | −2.0% | +2.1% | −0.2% | −0.8% | +0.7% | +0.2% | −1.0% | −1.8% | −0.5% | +4.1% | +2.0% |
| 2022 | −2.6% | −0.3% | −2.9% | −2.3% | +1.6% | −1.2% | +2.3% | −1.9% | −2.7% | −0.3% | +3.2% | +0.3% |
| 2021 | +0.4% | −1.7% | +0.5% | +0.8% | +0.3% | +0.3% | +0.7% | −0.3% | −0.8% | −0.1% | +0.8% | +0.1% |
| 2020 | +2.0% | +1.4% | −3.1% | −1.4% | +3.8% | +0.4% | +1.6% | −0.7% | 0.0% | −0.2% | +1.5% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.9% | +1.6% | −0.9% | 0.0% | +0.1% | +0.4% |
SRTMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.90%
- 3-year Sharpe ratio: -0.44 (vs 4.5% risk-free rate)
- Best month: +4.10% (Nov 2023)
- Worst month: −2.42% (Mar 2026)
SRTMX Fund Flows
Monthly money in and out of Series M, from SEC Form N-PORT.
- 12-month net flow: $12.1M
- 12-month gross sales (incl. reinvestments): $112.0M
- Sales ÷ redemptions: 1.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $13.1M | $6.0M | $7.1M |
| May 2026 | $5.8M | $5.5M | $292K |
| Apr 2026 | $1.6M | $4.5M | −$2.8M |
| Mar 2026 | $16.7M | $9.5M | $7.2M |
| Feb 2026 | $4.9M | $4.8M | $143K |
| Jan 2026 | $11.9M | $6.8M | $5.1M |
| Dec 2025 | $10.4M | $19.6M | −$9.2M |
| Nov 2025 | $4.2M | $8.6M | −$4.4M |
| Oct 2025 | $18.9M | $5.9M | $13.0M |
| Sep 2025 | $6.6M | $10.0M | −$3.4M |
| Aug 2025 | $7.1M | $6.0M | $1.1M |
| Jul 2025 | $10.8M | $12.8M | −$2.0M |
SRTMX Assets Under Management
Net assets of Series M by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $340.98M |
| 2026-03-31 | $333.57M |
| 2025-12-31 | $325.48M |
| 2025-09-30 | $324.61M |
| 2025-06-30 | $324.94M |
| 2025-03-31 | $319.99M |
| 2024-12-31 | $349.08M |
| 2024-09-30 | $420.32M |
| 2024-06-30 | $410.52M |
| 2024-03-31 | $400.87M |
| 2023-12-31 | $359.99M |
| 2023-09-30 | $350.50M |
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.