TSWMX Performance — TSW Emerging Markets Fund, Institutional Shares
Data updated: 2026-08-27
TSWMX returned +21.75% year to date and +40.39% over one year to Jun 2026. The annualised 3-year return is +19.89%. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $172, against $179 for the category, and to $140 over one year, against $141. Volatility over the past three years was 14.69% a year. In the 12 months to Jun 2026 the fund took in a net $1.3M, and assets reached $7.06M.
TSWMX Growth of $100
What $100 invested in TSW Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | TSWMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $140 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $172 | $179 |
| Since data start (Dec 2021 – Jun 2026) | $159 | $155 |
TSWMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.75% |
| 1 year | +40.39% |
| 3 years (annualised) | +19.89% |
TSWMX Annual Returns
Calendar-year total returns of TSW Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +21.75% |
| 2025 | +34.61% |
| 2024 | +2.27% |
| 2023 | +11.80% |
| 2022 | −16.76% |
| 2021 (Dec–Dec) | +2.10% |
TSWMX 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 | +9.7% | +4.4% | −9.5% | +9.9% | +7.2% | −0.4% | — | — | — | — | — | — |
| 2025 | +1.1% | +2.5% | +2.3% | +1.5% | +5.2% | +3.1% | +1.2% | +3.2% | +6.6% | +2.0% | −3.3% | +5.0% |
| 2024 | −3.0% | +4.2% | +1.4% | −0.9% | +0.9% | +2.3% | +0.7% | −0.6% | +5.2% | −4.9% | −2.1% | −0.5% |
| 2023 | +11.2% | −6.0% | +3.9% | −1.2% | −2.9% | +4.4% | +5.4% | −4.6% | −3.5% | −3.3% | +7.1% | +2.3% |
| 2022 | −1.0% | −4.2% | −2.9% | −5.9% | +1.4% | −9.2% | +0.4% | −0.6% | −10.7% | +1.0% | +17.5% | −1.2% |
| 2021 | — | — | — | — | — | — | — | — | — | — | — | +2.1% |
TSWMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.69%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +9.89% (Apr 2026)
- Worst month: −9.48% (Mar 2026)
TSWMX Fund Flows
Monthly money in and out of TSW Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: $1.3M
- 12-month gross sales (incl. reinvestments): $1.6M
- Sales ÷ redemptions: 5.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $1.1M | $0 | $1.1M |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $950 | $0 | $950 |
| Dec 2025 | $563K | $0 | $563K |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $303K | −$303K |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
TSWMX Assets Under Management
Net assets of TSW Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $7.06M |
| 2026-03-31 | $6.01M |
| 2025-12-31 | $4.78M |
| 2025-09-30 | $4.56M |
| 2025-06-30 | $4.10M |
| 2025-03-31 | $7.93M |
| 2024-12-31 | $7.20M |
| 2024-09-30 | $8.14M |
| 2024-06-28 | $7.67M |
| 2024-03-28 | $7.50M |
| 2023-12-29 | $7.21M |
| 2023-09-29 | $6.63M |
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.