THOPX Performance — Thompson Bond Fund
Data updated: 2026-07-22
THOPX returned +0.93% year to date and +6.32% over one year to May 2026. Annualised returns are +8.99% over 3 years and +4.04% over 5 years. The fund beat its Short-Term Corporate Bond category average: $100 invested three years ago grew to $129, against $122 for the category, and to $106 over one year, against $106. Volatility over the past three years was 2.55% a year. In the 12 months to May 2026 the fund took in a net $262.1M, and assets reached $1.93B.
THOPX Growth of $100
What $100 invested in Thompson Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | THOPX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $106 |
| 3 years (Jun 2023 – May 2026) | $129 | $122 |
| 5 years (Jun 2021 – May 2026) | $122 | $117 |
| Since data start (Sep 2019 – May 2026) | $127 | $127 |
THOPX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.93% |
| 1 year | +6.32% |
| 3 years (annualised) | +8.99% |
| 5 years (annualised) | +4.04% |
THOPX Annual Returns
Calendar-year total returns of Thompson Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.93% |
| 2025 | +7.96% |
| 2024 | +11.51% |
| 2023 | +6.98% |
| 2022 | −7.27% |
| 2021 | +5.75% |
| 2020 | −1.71% |
| 2019 (Sep–Dec) | +1.47% |
THOPX 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% | +0.7% | −1.0% | +0.6% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +0.8% | +1.3% | +0.3% | −0.3% | +0.4% | +1.5% | +0.5% | +1.1% | +0.5% | +0.6% | +0.8% | +0.3% |
| 2024 | +2.5% | +0.3% | +1.5% | −0.1% | +1.6% | +0.6% | +1.1% | +1.0% | +1.1% | −0.1% | +1.2% | +0.2% |
| 2023 | +2.3% | +0.1% | −1.3% | +0.4% | −1.0% | +0.9% | +1.0% | +0.6% | +0.1% | −0.3% | +1.5% | +2.6% |
| 2022 | −0.3% | −0.6% | −1.1% | −0.8% | −0.9% | −1.5% | +0.8% | −0.4% | −1.4% | −1.5% | +0.5% | −0.3% |
| 2021 | +1.7% | +0.8% | +0.7% | +0.5% | +0.8% | +0.5% | +0.4% | +0.3% | +0.1% | −0.3% | +0.2% | −0.2% |
| 2020 | +0.7% | +0.1% | −10.2% | +1.3% | +0.3% | +1.3% | +1.0% | +1.2% | +0.1% | −0.1% | +1.8% | +1.4% |
| 2019 | — | — | — | — | — | — | — | — | +0.2% | +0.6% | +0.2% | +0.5% |
THOPX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.55%
- 3-year Sharpe ratio: 1.76 (vs 4.5% risk-free rate)
- Best month: +2.56% (Dec 2023)
- Worst month: −1.02% (Mar 2026)
THOPX Fund Flows
Monthly money in and out of Thompson Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $262.1M
- 12-month gross sales (incl. reinvestments): $715.6M
- Sales ÷ redemptions: 1.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $53.9M | $79.5M | −$25.6M |
| Apr 2026 | $48.0M | $30.5M | $17.4M |
| Mar 2026 | $78.8M | $68.5M | $10.3M |
| Feb 2026 | $42.7M | $20.3M | $22.4M |
| Jan 2026 | $55.2M | $27.4M | $27.8M |
| Dec 2025 | $84.4M | $38.2M | $46.2M |
| Nov 2025 | $41.3M | $29.5M | $11.8M |
| Oct 2025 | $56.9M | $41.8M | $15.1M |
| Sep 2025 | $75.7M | $30.4M | $45.3M |
| Aug 2025 | $77.1M | $15.6M | $61.4M |
| Jul 2025 | $38.7M | $27.0M | $11.7M |
| Jun 2025 | $63.0M | $44.6M | $18.3M |
THOPX Assets Under Management
Net assets of Thompson Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.93B |
| 2026-02-28 | $1.96B |
| 2025-11-30 | $1.86B |
| 2025-08-31 | $1.78B |
| 2025-05-31 | $1.65B |
| 2025-02-28 | $1.72B |
| 2024-11-30 | $1.60B |
| 2024-08-31 | $1.36B |
| 2024-05-31 | $1.30B |
| 2024-02-29 | $1.28B |
| 2023-11-30 | $1.22B |
| 2023-08-31 | $1.29B |
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.