TCUEX Performance — Short Duration Portfolio, Investor Shares
Data updated: 2023-04-25
TCUEX returned −5.65% over one year to Feb 2023. The annualised 3-year return is −2.00%. Against its Short-Term Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $94, against $90 for the category, and to $94 over one year, against $94. Volatility over the past three years was 2.28% a year. In the 12 months to Feb 2023 the fund took in a net $1.3B, and assets reached $135.43M.
TCUEX Growth of $100
What $100 invested in Short Duration Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Bond category average over the same months.
| Period | TCUEX | Category average |
|---|---|---|
| 1 year (Mar 2022 – Feb 2023) | $94 | $94 |
| 3 years (Mar 2020 – Feb 2023) | $94 | $90 |
TCUEX Trailing Returns
Total returns to Feb 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −5.65% |
| 3 years (annualised) | −2.00% |
TCUEX Annual Returns
Calendar-year total returns of Short Duration Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Feb) | +0.69% |
| 2022 | −7.45% |
| 2021 | −1.17% |
| 2020 (Mar–Dec) | +2.19% |
TCUEX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +0.7% | 0.0% | — | — | — | — | — | — | — | — | — | — |
| 2022 | −0.8% | −0.5% | −1.4% | −1.1% | +0.2% | −0.8% | +0.8% | −1.2% | −2.3% | −0.8% | +0.7% | −0.4% |
| 2021 | −0.1% | −0.6% | −0.3% | +0.4% | +0.1% | −0.2% | +0.3% | −0.1% | −0.4% | −0.2% | −0.2% | −0.1% |
| 2020 | — | — | +0.1% | +0.9% | +0.2% | +0.3% | +0.3% | 0.0% | +0.1% | −0.2% | +0.4% | +0.1% |
TCUEX Risk
Risk measures from monthly returns over Mar 2020 – Feb 2023.
- 3-year volatility (annualised): 2.28%
- 3-year Sharpe ratio: -2.86 (vs 4.5% risk-free rate)
- Best month: +0.89% (Apr 2020)
- Worst month: −2.33% (Sep 2022)
TCUEX Fund Flows
Monthly money in and out of Short Duration Portfolio, from SEC Form N-PORT.
- 12-month net flow: $1.3B
- 12-month gross sales (incl. reinvestments): $260.9M
- Sales ÷ redemptions: -0.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2023 | $31K | −$15.0M | $15.0M |
| Jan 2023 | $30K | −$15.2M | $15.3M |
| Dec 2022 | $54K | −$18.2M | $18.3M |
| Nov 2022 | $27K | −$20.0M | $20.0M |
| Oct 2022 | $24K | −$40.6M | $40.6M |
| Sep 2022 | $210K | −$175.3M | $175.5M |
| Aug 2022 | $182K | −$18.2M | $18.3M |
| Jul 2022 | $317K | −$173.1M | $173.5M |
| Jun 2022 | $382K | $0 | $382K |
| May 2022 | $371K | −$357.3M | $357.7M |
| Apr 2022 | $211K | −$93.9M | $94.1M |
| Mar 2022 | $259.1M | −$73.0M | $332.1M |
TCUEX Assets Under Management
Net assets of Short Duration Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-02-28 | $135.43M |
| 2022-11-30 | $185.01M |
| 2022-08-31 | $431.56M |
| 2022-05-31 | $630.65M |
| 2022-02-28 | $918.11M |
| 2021-11-30 | $1.36B |
| 2021-08-31 | $1.50B |
| 2021-05-31 | $1.43B |
| 2021-02-28 | $1.18B |
| 2020-11-30 | $1.02B |
| 2020-08-31 | $850.31M |
| 2020-05-31 | $561.33M |
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.