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Axonic Strategic Income Fund (AXSIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US05465G1013

CUSIP

05465G101

Issuer

Axonic

Inception Date

Dec 29, 2019

Min. Investment

$25,000

Asset Class

Bond

Share Price Chart


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Compare to other instruments

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Axonic Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.12%
12.93%
AXSIX (Axonic Strategic Income Fund)
Benchmark (^GSPC)

Returns By Period

Axonic Strategic Income Fund had a return of 8.43% year-to-date (YTD) and 10.32% in the last 12 months.


AXSIX

YTD

8.43%

1M

0.11%

6M

4.12%

1Y

10.32%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of AXSIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.57%0.75%1.01%0.31%1.12%0.95%1.12%1.00%0.76%-0.22%8.43%
20232.04%0.74%-0.47%1.21%0.38%0.61%0.72%0.74%0.51%0.19%1.36%1.63%10.07%
20220.02%-0.36%-1.24%-0.27%-0.83%-1.04%0.35%0.20%-1.22%-0.81%-0.25%-0.19%-5.53%
20212.22%0.93%0.38%0.57%0.79%0.47%0.96%0.33%0.21%0.43%0.52%-2.28%5.61%
20200.00%0.40%-9.06%0.11%1.31%2.57%1.28%0.57%1.00%-0.10%1.02%0.49%-0.91%

Expense Ratio

AXSIX has a high expense ratio of 1.00%, indicating higher-than-average management fees.


Expense ratio chart for AXSIX: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of AXSIX is 98, placing it in the top 2% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of AXSIX is 9898
Combined Rank
The Sharpe Ratio Rank of AXSIX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of AXSIX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of AXSIX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of AXSIX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of AXSIX is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Axonic Strategic Income Fund (AXSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for AXSIX, currently valued at 4.24, compared to the broader market-1.000.001.002.003.004.005.004.242.54
The chart of Sortino ratio for AXSIX, currently valued at 10.88, compared to the broader market0.005.0010.0010.883.40
The chart of Omega ratio for AXSIX, currently valued at 2.90, compared to the broader market1.002.003.004.002.901.47
The chart of Calmar ratio for AXSIX, currently valued at 11.72, compared to the broader market0.005.0010.0015.0020.0011.723.66
The chart of Martin ratio for AXSIX, currently valued at 45.04, compared to the broader market0.0020.0040.0060.0080.00100.0045.0416.26
AXSIX
^GSPC

The current Axonic Strategic Income Fund Sharpe ratio is 4.24. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Axonic Strategic Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.24
2.54
AXSIX (Axonic Strategic Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Axonic Strategic Income Fund provided a 8.16% dividend yield over the last twelve months, with an annual payout of $0.73 per share.


2.00%4.00%6.00%8.00%$0.00$0.20$0.40$0.60$0.802020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.73$0.75$0.47$0.62$0.13

Dividend yield

8.16%8.55%5.35%6.43%1.30%

Monthly Dividends

The table displays the monthly dividend distributions for Axonic Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.10$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.00$0.53
2023$0.08$0.03$0.04$0.08$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.20$0.75
2022$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.07$0.47
2021$0.07$0.06$0.07$0.04$0.04$0.04$0.08$0.04$0.04$0.04$0.08$0.03$0.62
2020$0.02$0.02$0.02$0.02$0.00$0.03$0.03$0.13

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.55%
-0.88%
AXSIX (Axonic Strategic Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Axonic Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Axonic Strategic Income Fund was 12.55%, occurring on Mar 24, 2020. Recovery took 215 trading sessions.

The current Axonic Strategic Income Fund drawdown is 0.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.55%Feb 24, 202022Mar 24, 2020215Jan 29, 2021237
-7.69%Dec 7, 2021267Dec 28, 2022231Nov 29, 2023498
-0.88%Oct 2, 202419Oct 28, 2024
-0.4%Mar 4, 202118Mar 29, 20213Apr 1, 202121
-0.4%Nov 10, 202110Nov 23, 20214Nov 30, 202114

Volatility

Volatility Chart

The current Axonic Strategic Income Fund volatility is 0.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.74%
3.96%
AXSIX (Axonic Strategic Income Fund)
Benchmark (^GSPC)