TOCQX Performance — The Tocqueville Fund
Data updated: 2026-09-24
TOCQX returned +11.80% year to date and +24.63% over one year to Jul 2026. Annualised returns are +18.96% over 3 years and +12.96% over 5 years. The fund beat its US Large Value category average: $100 invested three years ago grew to $168, against $156 for the category, and to $125 over one year, against $122. Volatility over the past three years was 15.87% a year. In the 12 months to Jul 2026 the fund lost a net $321K, and assets reached $585.86M.
TOCQX Growth of $100
What $100 invested in The Tocqueville Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | TOCQX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $125 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $168 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $184 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $258 | $226 |
TOCQX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.80% |
| 1 year | +24.63% |
| 3 years (annualised) | +18.96% |
| 5 years (annualised) | +12.96% |
TOCQX Annual Returns
Calendar-year total returns of The Tocqueville Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +11.80% |
| 2025 | +22.95% |
| 2024 | +20.72% |
| 2023 | +16.77% |
| 2022 | −13.78% |
| 2021 | +25.73% |
| 2020 | +12.57% |
| 2019 (Aug–Dec) | +8.97% |
TOCQX 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 | +5.2% | +3.0% | −5.8% | +11.1% | +6.9% | +0.7% | −8.4% | — | — | — | — | — |
| 2025 | +4.5% | −3.6% | −5.8% | +0.7% | +5.3% | +6.0% | +3.4% | +1.1% | +4.0% | +5.0% | −2.2% | +3.2% |
| 2024 | +0.6% | +4.1% | +4.5% | −2.3% | +4.8% | +0.8% | +1.8% | +1.6% | +1.2% | −1.0% | +9.0% | −5.2% |
| 2023 | +5.9% | −3.1% | +1.1% | −0.4% | +0.3% | +7.1% | +3.9% | −2.7% | −5.6% | −2.5% | +7.3% | +5.6% |
| 2022 | −4.2% | −0.8% | +3.9% | −8.1% | +0.6% | −9.8% | +7.4% | −3.1% | −8.9% | +9.0% | +6.6% | −5.2% |
| 2021 | −1.0% | +3.6% | +4.3% | +3.5% | +1.3% | +0.7% | +1.1% | +2.5% | −5.2% | +6.7% | +1.1% | +5.1% |
| 2020 | −1.5% | −9.0% | −13.6% | +11.5% | +3.8% | +2.1% | +5.9% | +6.9% | −3.1% | −1.7% | +10.2% | +3.7% |
| 2019 | — | — | — | — | — | — | — | −1.6% | +2.2% | +1.6% | +3.5% | +3.0% |
TOCQX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.87%
- 3-year Sharpe ratio: 0.91 (vs 4.5% risk-free rate)
- Best month: +11.09% (Apr 2026)
- Worst month: −8.41% (Jul 2026)
TOCQX Fund Flows
Monthly money in and out of The Tocqueville Fund, from SEC Form N-PORT.
- 12-month net flow: −$321K
- 12-month gross sales (incl. reinvestments): $45.2M
- Sales ÷ redemptions: 0.99×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $474K | $3.4M | −$2.9M |
| Jun 2026 | $2.0M | $2.7M | −$705K |
| May 2026 | $1.1M | $3.5M | −$2.4M |
| Apr 2026 | $749K | $2.8M | −$2.1M |
| Mar 2026 | $2.8M | $2.1M | $686K |
| Feb 2026 | $475K | $3.0M | −$2.5M |
| Jan 2026 | $691K | $4.6M | −$3.9M |
| Dec 2025 | $34.7M | $11.4M | $23.2M |
| Nov 2025 | $440K | $2.2M | −$1.8M |
| Oct 2025 | $255K | $4.4M | −$4.2M |
| Sep 2025 | $120K | $2.5M | −$2.4M |
| Aug 2025 | $1.5M | $2.8M | −$1.3M |
TOCQX Assets Under Management
Net assets of The Tocqueville Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $585.86M |
| 2026-04-30 | $600.52M |
| 2026-01-31 | $560.63M |
| 2025-10-31 | $544.98M |
| 2025-07-31 | $500.92M |
| 2025-04-30 | $446.29M |
| 2025-01-31 | $505.10M |
| 2024-10-31 | $487.08M |
| 2024-07-31 | $485.60M |
| 2024-04-30 | $464.16M |
| 2024-01-31 | $445.83M |
| 2023-10-31 | $413.11M |
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.