ZFLIX Performance — Ziegler Senior Floating Rate Fund, Institutional Class
Data updated: 2023-12-14
ZFLIX returned +6.23% over one year to Jun 2023. The annualised 3-year return is +3.64%. The fund trailed its Bank Loan category average: $100 invested three years ago grew to $111, against $113 for the category, and to $106 over one year, against $108. Volatility over the past three years was 3.94% a year. In the 12 months to Jun 2023 the fund took in a net $50.1M, and assets reached $22.40M.
ZFLIX Growth of $100
What $100 invested in Ziegler Senior Floating Rate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Bank Loan category average over the same months.
| Period | ZFLIX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $106 | $108 |
| 3 years (Jul 2020 – Jun 2023) | $111 | $113 |
| Since data start (Jan 2020 – Jun 2023) | $107 | $109 |
ZFLIX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.23% |
| 3 years (annualised) | +3.64% |
ZFLIX Annual Returns
Calendar-year total returns of Ziegler Senior Floating Rate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +3.32% |
| 2022 | −2.13% |
| 2021 | +3.42% |
| 2020 | +2.51% |
ZFLIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.6% | +0.8% | +0.1% | +1.2% | −0.7% | −0.5% | — | — | — | — | — | — |
| 2022 | +0.3% | −0.7% | +0.1% | +0.2% | −2.4% | −2.3% | +1.8% | +1.7% | −2.5% | +0.7% | +1.3% | −0.1% |
| 2021 | +1.0% | +0.3% | −0.2% | +0.4% | +0.6% | +0.2% | −0.1% | +0.5% | +0.6% | +0.2% | −0.4% | +0.4% |
| 2020 | +0.6% | −1.2% | −10.8% | +3.3% | +4.0% | +1.1% | +1.9% | +1.1% | +0.4% | −0.2% | +1.9% | +1.2% |
ZFLIX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 3.94%
- 3-year Sharpe ratio: -0.22 (vs 4.5% risk-free rate)
- Best month: +2.57% (Jan 2023)
- Worst month: −2.54% (Sep 2022)
ZFLIX Fund Flows
Monthly money in and out of Ziegler Senior Floating Rate Fund, from SEC Form N-PORT.
- 12-month net flow: $50.1M
- 12-month gross sales (incl. reinvestments): $5.3M
- Sales ÷ redemptions: -0.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $362K | −$28.6M | $29.0M |
| May 2023 | $401K | −$4.6M | $5.0M |
| Apr 2023 | $477K | −$1.8M | $2.2M |
| Mar 2023 | $416K | −$2.6M | $3.0M |
| Feb 2023 | $477K | −$1.0M | $1.5M |
| Jan 2023 | $940K | −$879K | $1.8M |
| Dec 2022 | $447K | −$2.0M | $2.4M |
| Nov 2022 | $300K | −$1.1M | $1.4M |
| Oct 2022 | $319K | −$710K | $1.0M |
| Sep 2022 | $548K | −$253K | $802K |
| Aug 2022 | $336K | −$566K | $902K |
| Jul 2022 | $301K | −$515K | $816K |
ZFLIX Assets Under Management
Net assets of Ziegler Senior Floating Rate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $22.40M |
| 2023-03-31 | $57.18M |
| 2022-12-31 | $59.12M |
| 2022-09-30 | $61.89M |
| 2022-06-30 | $62.46M |
| 2022-03-31 | $68.97M |
| 2021-12-31 | $68.04M |
| 2021-09-30 | $69.92M |
| 2021-06-30 | $73.06M |
| 2021-03-31 | $71.06M |
| 2020-12-31 | $70.24M |
| 2020-09-30 | $69.37M |
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.