TCCYX Performance — Ambrus Tax-Conscious California Bond Fund
Data updated: 2026-08-21
TCCYX returned +1.80% year to date and +5.16% over one year to Jun 2026. The annualised 3-year return is +3.64%. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $111, against $111 for the category, and to $105 over one year, against $106. Volatility over the past three years was 3.32% a year. In the 12 months to Jun 2026 the fund took in a net $129.1M, and assets reached $522.02M. Returns are those of sibling share class TCCBX; this class's own returns are not reported in filings.
TCCYX Growth of $100
What $100 invested in Ambrus Tax-Conscious California Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | TCCYX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| Since data start (Oct 2022 – Jun 2026) | $115 | $117 |
TCCYX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.80% |
| 1 year | +5.16% |
| 3 years (annualised) | +3.64% |
TCCYX Annual Returns
Calendar-year total returns of Ambrus Tax-Conscious California Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.80% |
| 2025 | +3.49% |
| 2024 | +2.95% |
| 2023 | +4.46% |
| 2022 (Oct–Dec) | +1.73% |
TCCYX 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 | +0.5% | +0.9% | −1.3% | +0.9% | +0.3% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.2% | +0.8% | −0.9% | −0.7% | +0.1% | +0.7% | −0.4% | +0.8% | +1.7% | +0.7% | +0.3% | +0.1% |
| 2024 | +0.3% | 0.0% | +0.3% | −0.7% | +0.1% | +1.0% | +0.8% | +0.8% | +0.8% | −0.9% | +1.2% | −0.8% |
| 2023 | +2.3% | −1.3% | +0.3% | +0.4% | −0.5% | +0.6% | +0.4% | −0.5% | −1.5% | −0.8% | +3.6% | +1.5% |
| 2022 | — | — | — | — | — | — | — | — | — | −0.7% | +1.9% | +0.5% |
TCCYX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.32%
- 3-year Sharpe ratio: -0.26 (vs 4.5% risk-free rate)
- Best month: +3.61% (Nov 2023)
- Worst month: −1.51% (Sep 2023)
TCCYX Fund Flows
Monthly money in and out of Ambrus Tax-Conscious California Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $129.1M
- 12-month gross sales (incl. reinvestments): $234.0M
- Sales ÷ redemptions: 2.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $20.3M | $6.1M | $14.2M |
| May 2026 | $21.6M | $9.5M | $12.0M |
| Apr 2026 | $13.9M | $8.5M | $5.4M |
| Mar 2026 | $11.6M | $3.8M | $7.8M |
| Feb 2026 | $11.5M | $5.7M | $5.8M |
| Jan 2026 | $25.4M | $15.8M | $9.5M |
| Dec 2025 | $12.7M | $20.1M | −$7.4M |
| Nov 2025 | $19.0M | $3.3M | $15.8M |
| Oct 2025 | $29.8M | $3.8M | $26.0M |
| Sep 2025 | $27.6M | $16.7M | $10.9M |
| Aug 2025 | $18.4M | $9.7M | $8.6M |
| Jul 2025 | $22.3M | $1.9M | $20.5M |
TCCYX Assets Under Management
Net assets of Ambrus Tax-Conscious California Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $522.02M |
| 2026-03-31 | $486.33M |
| 2025-12-31 | $467.16M |
| 2025-09-30 | $431.58M |
| 2025-06-30 | $386.33M |
| 2025-03-31 | $358.99M |
| 2024-12-31 | $340.04M |
| 2024-09-30 | $292.53M |
| 2024-06-28 | $250.41M |
| 2024-03-28 | $223.80M |
| 2023-12-29 | $189.59M |
| 2023-09-29 | $135.41M |
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.