TOWFX — Towpath Focus Fund
Data updated: 2026-07-30
TOWFX — Towpath Focus Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $72.31M AUM · 0.93% expense ratio · 23.9% 1-yr return. From SEC regulatory filings.
TOWFX Fund Overview
TOWFX — Towpath Focus Fund is a US mutual fund managed by MSS Series Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: MSS Series Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $72.31M
- 1-year return: 23.9%
- Ticker: TOWFX
- SEC CIK: 0001368578
- SEC series ID: S000067243
- Share class ID: C000216314
TOWFX Holdings
Top 10 holdings of Towpath Focus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet, Inc. | 11.10% |
| Fidelity Institutional Cash Portfolios | 10.56% |
| The Bank of New York Mellon Corp. | 7.47% |
| McKesson Corp. | 4.93% |
| Shell plc | 4.35% |
| Novartis, Inc. | 4.17% |
| Tapestry, Inc. | 4.06% |
| Bank of America Corp. | 3.61% |
| Valero Energy Corp. | 3.33% |
| Gilead Sciences, Inc. | 3.03% |
TOWFX Portfolio Allocation
Asset-class allocation of Towpath Focus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 89.3% |
| Cash & Equivalents | 10.6% |
TOWFX Performance
Total returns for TOWFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.2% |
| 1 year | 23.9% |
| 3 years (annualised) | 20.0% |
| 5 years (annualised) | 11.3% |
TOWFX Risk Information
Risk metrics for TOWFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.4%
TOWFX Costs and Fees
TOWFX costs about $93 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.93%
- Gross expense ratio: 0.93%
- Portfolio turnover: 10%
- Brokerage commissions: 0.86 bps of average net assets (SEC N-CEN)
TOWFX Cashflows
Over the 12 months to 2026-02, Towpath Focus Fund had net inflows of $11.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $340.70K |
| 2026-01 | $1.18M |
| 2025-12 | $2.47M |
| 2025-11 | $469.42K |
| 2025-10 | $115.54K |
| 2025-09 | −$6.59K |
TOWFX Debt Constituents
No individual debt constituents are reported in Towpath Focus Fund's latest SEC N-PORT filing.
TOWFX Prospectus and SEC Filings
Official Towpath Focus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.