TANDX Performance — Tandem Fund, Institutional Class
Data updated: 2026-09-14
TANDX returned −12.35% year to date and −14.79% over one year to Jun 2026. Annualised returns are +0.56% over 3 years and +1.65% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $102, against $157 for the category, and to $85 over one year, against $118. Volatility over the past three years was 9.88% a year. In the 12 months to Jun 2026 the fund lost a net $13.5M, and assets reached $15.54M.
TANDX Growth of $100
What $100 invested in Tandem Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | TANDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $85 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $102 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $109 | $161 |
| Since data start (Jan 2020 – Jun 2026) | $133 | $211 |
TANDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −12.35% |
| 1 year | −14.79% |
| 3 years (annualised) | +0.56% |
| 5 years (annualised) | +1.65% |
TANDX Annual Returns
Calendar-year total returns of Tandem Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −12.35% |
| 2025 | +3.64% |
| 2024 | +7.64% |
| 2023 | +8.41% |
| 2022 | −7.39% |
| 2021 | +19.06% |
| 2020 | +13.40% |
TANDX 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 | −1.2% | −2.0% | −5.5% | +0.3% | −4.4% | −0.1% | — | — | — | — | — | — |
| 2025 | +3.8% | +1.8% | −0.5% | −1.2% | +3.0% | −0.3% | −1.4% | +1.1% | −1.7% | −3.2% | +2.6% | −0.2% |
| 2024 | +1.2% | +2.0% | +0.9% | −4.6% | +1.9% | −0.3% | +3.8% | +3.7% | +1.0% | −0.8% | +3.5% | −4.4% |
| 2023 | +2.1% | −2.7% | +2.9% | +1.9% | −3.6% | +3.9% | +2.3% | −2.1% | −4.0% | −2.2% | +6.1% | +4.3% |
| 2022 | −6.6% | −1.3% | +3.7% | −5.9% | 0.0% | −2.7% | +6.1% | −2.6% | −6.9% | +6.6% | +6.6% | −3.1% |
| 2021 | −1.3% | +0.2% | +3.5% | +3.2% | +0.9% | +1.0% | +2.5% | +2.3% | −4.1% | +4.9% | −0.9% | +5.8% |
| 2020 | +1.1% | −4.8% | −5.8% | +8.6% | +4.3% | −0.3% | +3.4% | +1.8% | −2.1% | −2.1% | +7.8% | +1.9% |
TANDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.88%
- 3-year Sharpe ratio: -0.40 (vs 4.5% risk-free rate)
- Best month: +6.13% (Nov 2023)
- Worst month: −5.50% (Mar 2026)
TANDX Fund Flows
Monthly money in and out of Tandem Fund, from SEC Form N-PORT.
- 12-month net flow: −$13.5M
- 12-month gross sales (incl. reinvestments): $9.7M
- Sales ÷ redemptions: 0.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $157K | $1.1M | −$964K |
| May 2026 | $327K | $1.8M | −$1.5M |
| Apr 2026 | $514K | $2.2M | −$1.7M |
| Mar 2026 | $187K | $1.8M | −$1.6M |
| Feb 2026 | $257K | $2.4M | −$2.2M |
| Jan 2026 | $464K | $1.9M | −$1.5M |
| Dec 2025 | $2.5M | $4.9M | −$2.3M |
| Nov 2025 | $595K | $2.4M | −$1.8M |
| Oct 2025 | $1.5M | $2.1M | −$609K |
| Sep 2025 | $1.5M | $1.3M | $223K |
| Aug 2025 | $651K | $378K | $273K |
| Jul 2025 | $1.0M | $879K | $140K |
TANDX Assets Under Management
Net assets of Tandem Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $15.54M |
| 2026-03-31 | $20.47M |
| 2025-12-31 | $27.82M |
| 2025-09-30 | $34.56M |
| 2025-06-30 | $34.62M |
| 2025-03-31 | $31.68M |
| 2024-12-31 | $30.35M |
| 2024-09-30 | $31.91M |
| 2024-06-30 | $31.13M |
| 2024-03-31 | $33.61M |
| 2023-12-31 | $34.68M |
| 2023-09-30 | $35.04M |
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.