TCNBX — Ambrus Tax-Conscious National Bond Fund
Data updated: 2026-05-26
TCNBX — Ambrus Tax-Conscious National Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $440.82M AUM · 0.51% expense ratio · 3.9% 1-yr return. From SEC regulatory filings.
TCNBX Fund Overview
TCNBX — Ambrus Tax-Conscious National Bond Fund is a US mutual fund managed by FundVantage Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: FundVantage Trust
- Category: Long Municipal - National Bond
- Assets under management: $440.82M
- 1-year return: 3.9%
- Ticker: TCNBX
- SEC CIK: 0001388485
- SEC series ID: S000077408
- Share class ID: C000237822
TCNBX Holdings
Top 10 holdings of Ambrus Tax-Conscious National Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus Government Cash Management Funds | 2.12% |
| United States Treasury Notes | 1.99% |
| Parker (tx), County Of | 1.14% |
| SPDR Series Trust | 1.14% |
| Texas St Muni Gas Acquisition& | 1.13% |
| Hudson Yds Infrastructure Corp. N Y | 1.11% |
| Toledo Oh Wtrwks Revenue | 1.08% |
| Las Vegas NV Convention & Visi | 1.04% |
| Pimco Senior Loan Active Exchange-Traded Fund | 1.00% |
| Goldman Sachs Group, Inc. | 0.98% |
TCNBX Portfolio Allocation
Asset-class allocation of Ambrus Tax-Conscious National Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 93.6% |
| Equity | 4.2% |
| Cash & Equivalents | 2.1% |
| Securitized | 1.3% |
TCNBX Performance
Total returns for TCNBX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.1% |
| 1 year | 3.9% |
| 3 years (annualised) | 3.6% |
TCNBX Risk Information
Risk metrics for TCNBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.2%
TCNBX Costs and Fees
TCNBX costs about $51 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.51%
- Gross expense ratio: 0.51%
- Portfolio turnover: 26%
- Brokerage commissions: 0.11 bps of average net assets (SEC N-CEN)
TCNBX Cashflows
Over the 12 months to 2026-03, Ambrus Tax-Conscious National Bond Fund had net inflows of $105.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $6.09M |
| 2026-02 | −$24.30M |
| 2026-01 | $5.54M |
| 2025-12 | $24.83M |
| 2025-11 | $16.89M |
| 2025-10 | $10.47M |
TCNBX Debt Constituents
Largest debt holdings of Ambrus Tax-Conscious National Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Notes | 1.99% |
| Parker (tx), County Of | 1.14% |
| Texas St Muni Gas Acquisition& | 1.13% |
| Hudson Yds Infrastructure Corp. N Y | 1.11% |
| Toledo Oh Wtrwks Revenue | 1.08% |
| Las Vegas NV Convention & Visi | 1.04% |
| Goldman Sachs Group, Inc. | 0.98% |
| Met Nashville Tn Arpt Auth Arp | 0.97% |
| New York N Y City Transitional Fin Auth | 0.97% |
| Chicago Il Transit Auth Sales | 0.93% |
TCNBX Prospectus and SEC Filings
Official Ambrus Tax-Conscious National Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.