TFAZX Performance — TFA Tactical Income Fund, Class I
Data updated: 2026-08-26
TFAZX returned +1.90% year to date and +6.11% over one year to Jun 2026. Annualised returns are +3.22% over 3 years and −0.38% over 5 years. The fund trailed its Financials Equity category average: $100 invested three years ago grew to $110, against $158 for the category, and to $106 over one year, against $112. Volatility over the past three years was 4.67% a year. In the 12 months to Jun 2026 the fund lost a net $3.0M, and assets reached $23.43M.
TFAZX Growth of $100
What $100 invested in TFA Tactical Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | TFAZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $112 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $98 | $144 |
TFAZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.90% |
| 1 year | +6.11% |
| 3 years (annualised) | +3.22% |
| 5 years (annualised) | −0.38% |
TFAZX Annual Returns
Calendar-year total returns of TFA Tactical Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.90% |
| 2025 | +5.78% |
| 2024 | +0.79% |
| 2023 | −0.20% |
| 2022 | −9.95% |
| 2021 (Jul–Dec) | +0.50% |
TFAZX 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 | +0.6% | +0.6% | −2.6% | +2.4% | +1.2% | −0.2% | — | — | — | — | — | — |
| 2025 | +1.1% | −0.4% | −1.3% | +0.1% | +0.6% | +1.5% | +0.6% | +1.1% | +1.9% | +0.9% | −0.3% | −0.1% |
| 2024 | −1.1% | −1.5% | +1.0% | −1.6% | +1.2% | +0.7% | +1.5% | +0.6% | +1.3% | −1.8% | +1.1% | −0.7% |
| 2023 | +4.1% | −3.4% | +0.1% | −0.5% | −2.3% | +0.7% | +0.4% | −1.9% | −1.9% | −0.5% | +2.0% | +3.3% |
| 2022 | −3.4% | −0.3% | −2.2% | −1.3% | −0.2% | −2.0% | +1.4% | −2.4% | −1.7% | +1.3% | +1.7% | −1.1% |
| 2021 | — | — | — | — | — | — | +0.7% | +0.5% | −3.0% | +3.5% | −0.4% | −0.7% |
TFAZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.67%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +3.29% (Dec 2023)
- Worst month: −2.56% (Mar 2026)
TFAZX Fund Flows
Monthly money in and out of TFA Tactical Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.0M
- 12-month gross sales (incl. reinvestments): $4.3M
- Sales ÷ redemptions: 0.59×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $285K | $157K | $128K |
| May 2026 | $99K | $187K | −$88K |
| Apr 2026 | $473K | $259K | $213K |
| Mar 2026 | $117K | $198K | −$81K |
| Feb 2026 | $221K | $558K | −$336K |
| Jan 2026 | $360K | $329K | $30K |
| Dec 2025 | $1.2M | $811K | $372K |
| Nov 2025 | $306K | $404K | −$99K |
| Oct 2025 | $59K | $631K | −$573K |
| Sep 2025 | $163K | $397K | −$234K |
| Aug 2025 | $781K | $2.8M | −$2.0M |
| Jul 2025 | $214K | $485K | −$271K |
TFAZX Assets Under Management
Net assets of TFA Tactical Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $23.43M |
| 2026-03-31 | $22.42M |
| 2025-12-31 | $23.13M |
| 2025-09-30 | $23.81M |
| 2025-06-30 | $25.46M |
| 2025-03-31 | $25.40M |
| 2024-12-31 | $26.51M |
| 2024-09-30 | $25.35M |
| 2024-06-30 | $26.21M |
| 2024-03-31 | $25.63M |
| 2023-12-31 | $42.09M |
| 2023-09-30 | $40.60M |
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.