THPMX Performance — Thompson MidCap Fund
Data updated: 2026-07-22
THPMX returned +11.74% year to date and +35.09% over one year to May 2026. Annualised returns are +19.06% over 3 years and +7.53% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $169, against $156 for the category, and to $135 over one year, against $122. Volatility over the past three years was 18.29% a year. In the 12 months to May 2026 the fund took in a net $2.8M, and assets reached $62.09M.
THPMX Growth of $100
What $100 invested in Thompson MidCap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | THPMX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $135 | $122 |
| 3 years (Jun 2023 – May 2026) | $169 | $156 |
| 5 years (Jun 2021 – May 2026) | $144 | $143 |
| Since data start (Sep 2019 – May 2026) | $238 | $204 |
THPMX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.74% |
| 1 year | +35.09% |
| 3 years (annualised) | +19.06% |
| 5 years (annualised) | +7.53% |
THPMX Annual Returns
Calendar-year total returns of Thompson MidCap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.74% |
| 2025 | +20.10% |
| 2024 | +7.54% |
| 2023 | +16.83% |
| 2022 | −14.74% |
| 2021 | +29.62% |
| 2020 | +11.97% |
| 2019 (Sep–Dec) | +13.94% |
THPMX 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 | +2.4% | +2.8% | −5.8% | +8.4% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +5.1% | −3.2% | −5.0% | −2.5% | +5.5% | +4.8% | +1.5% | +4.1% | +2.6% | −0.5% | +3.6% | +3.2% |
| 2024 | −3.3% | +2.1% | +3.2% | −6.1% | +2.6% | −1.3% | +6.9% | +1.4% | +0.7% | −1.4% | +8.7% | −5.0% |
| 2023 | +11.4% | −2.7% | −4.0% | −2.2% | −1.9% | +10.1% | +5.2% | −5.9% | −6.5% | −7.9% | +11.6% | +11.7% |
| 2022 | −4.0% | +0.5% | −0.4% | −8.3% | +1.2% | −10.8% | +9.6% | −2.7% | −9.7% | +10.4% | +6.1% | −4.8% |
| 2021 | +4.7% | +10.1% | +5.0% | +3.8% | +3.3% | −1.9% | −1.7% | +2.1% | −4.5% | +3.1% | −2.0% | +5.2% |
| 2020 | −4.4% | −11.3% | −26.6% | +17.5% | +5.2% | +5.1% | +2.8% | +5.0% | −1.1% | +5.1% | +17.1% | +5.3% |
| 2019 | — | — | — | — | — | — | — | — | +4.9% | +1.6% | +2.8% | +4.0% |
THPMX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 18.29%
- 3-year Sharpe ratio: 0.80 (vs 4.5% risk-free rate)
- Best month: +11.72% (Dec 2023)
- Worst month: −7.91% (Oct 2023)
THPMX Fund Flows
Monthly money in and out of Thompson MidCap Fund, from SEC Form N-PORT.
- 12-month net flow: $2.8M
- 12-month gross sales (incl. reinvestments): $6.8M
- Sales ÷ redemptions: 1.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $64K | $97K | −$33K |
| Apr 2026 | $45K | $214K | −$169K |
| Mar 2026 | $433K | $84K | $349K |
| Feb 2026 | $126K | $96K | $30K |
| Jan 2026 | $223K | $55K | $168K |
| Dec 2025 | $5.5M | $2.7M | $2.7M |
| Nov 2025 | $82K | $113K | −$32K |
| Oct 2025 | $122K | $145K | −$23K |
| Sep 2025 | $32K | $48K | −$16K |
| Aug 2025 | $35K | $153K | −$118K |
| Jul 2025 | $129K | $150K | −$20K |
| Jun 2025 | $50K | $91K | −$42K |
THPMX Assets Under Management
Net assets of Thompson MidCap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $62.09M |
| 2026-02-28 | $58.34M |
| 2025-11-30 | $55.62M |
| 2025-08-31 | $52.65M |
| 2025-05-31 | $47.70M |
| 2025-02-28 | $54.90M |
| 2024-11-30 | $59.17M |
| 2024-08-31 | $57.53M |
| 2024-05-31 | $54.13M |
| 2024-02-29 | $54.35M |
| 2023-11-30 | $50.49M |
| 2023-08-31 | $54.02M |
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.