abrdn Global Absolute Return Strategies Fund (CGFIX)
The adviser employs an "absolute return" investment approach. This means that in pursuing the fund's investment objective, the fund benchmarks itself to an index of cash instruments, rather than a stock or bond market index, and seeks to achieve positive long term returns irrespective of broad movements in the bond and equity markets.
Fund Info
US0030217220
003021722
Oct 31, 1990
$1,000,000
Expense Ratio
CGFIX has an expense ratio of 0.78%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in abrdn Global Absolute Return Strategies Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
abrdn Global Absolute Return Strategies Fund (CGFIX) returned 1.08% year-to-date (YTD) and 5.00% over the past 12 months. Over the past 10 years, CGFIX returned 0.63% annually, underperforming the S&P 500 benchmark at 10.31%.
CGFIX
1.08%
0.90%
1.19%
5.00%
-0.93%
0.63%
^GSPC (Benchmark)
-4.26%
11.24%
-5.02%
8.55%
14.02%
10.31%
Monthly Returns
The table below presents the monthly returns of CGFIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.00% | 1.22% | -0.73% | -0.04% | -0.35% | 1.08% | |||||||
| 2024 | 0.13% | -0.51% | 1.23% | -1.32% | 1.34% | 0.97% | 1.93% | 1.45% | 1.22% | -1.41% | 1.22% | -1.43% | 4.84% |
| 2023 | -1.54% | -2.12% | 0.57% | -0.11% | -1.25% | -2.07% | -0.12% | -0.35% | -2.17% | -1.52% | 4.45% | 3.94% | -2.53% |
| 2022 | -2.08% | -1.72% | -1.54% | -1.78% | -1.49% | 0.65% | -1.18% | -0.98% | -0.77% | -1.77% | -0.90% | 3.18% | -9.99% |
| 2021 | -1.21% | -0.19% | -0.09% | 0.00% | 0.19% | 0.19% | -1.22% | 0.76% | -1.70% | -0.38% | -0.87% | -1.44% | -5.85% |
| 2020 | 2.07% | -2.13% | -1.68% | -0.50% | 0.81% | 0.60% | 2.39% | 1.65% | -0.48% | -0.58% | 2.80% | 1.37% | 6.37% |
| 2019 | 0.72% | 0.61% | 0.81% | 0.50% | 0.80% | -0.02% | 0.10% | 1.69% | -0.10% | 0.69% | 0.00% | 1.25% | 7.26% |
| 2018 | 0.58% | 0.29% | -0.48% | 0.49% | 0.48% | 0.10% | 0.48% | 0.29% | 0.00% | -0.10% | -0.57% | -1.61% | -0.07% |
| 2017 | 0.30% | 0.39% | 0.29% | 0.10% | 0.00% | 0.29% | -0.39% | -0.20% | 0.29% | 0.39% | -0.19% | 0.00% | 1.28% |
| 2016 | 0.22% | 1.29% | 3.62% | 1.75% | -1.31% | 2.76% | 0.80% | 0.69% | -0.59% | 0.39% | -0.10% | -0.39% | 9.41% |
| 2015 | -1.23% | 0.42% | -1.04% | 1.36% | -1.75% | -1.15% | 0.11% | -0.53% | -0.00% | 0.53% | -1.49% | 0.02% | -4.70% |
| 2014 | 1.09% | 1.76% | -0.00% | 1.35% | 0.76% | 0.97% | -1.03% | 0.38% | -3.21% | -0.59% | -1.38% | -1.47% | -1.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, CGFIX is among the top 22% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for abrdn Global Absolute Return Strategies Fund (CGFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
abrdn Global Absolute Return Strategies Fund provided a 6.53% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.55 | $0.18 | $0.00 | $0.01 | $0.03 | $0.33 | $0.49 | $0.00 | $0.00 | $0.03 | $0.23 |
Dividend yield | 6.53% | 6.42% | 2.09% | 0.00% | 0.12% | 0.23% | 3.30% | 5.00% | 0.00% | 0.00% | 0.35% | 2.34% |
Monthly Dividends
The table displays the monthly dividend distributions for abrdn Global Absolute Return Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.04 | $0.05 | $0.05 | $0.00 | $0.18 | |||||||
| 2024 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.05 | $0.04 | $0.04 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.20 | $0.33 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.23 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the abrdn Global Absolute Return Strategies 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 abrdn Global Absolute Return Strategies Fund was 25.54%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current abrdn Global Absolute Return Strategies Fund drawdown is 13.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.54% | Jan 22, 2021 | 691 | Oct 19, 2023 | — | — | — |
| -13.69% | Mar 18, 2008 | 156 | Oct 28, 2008 | 190 | Jul 31, 2009 | 346 |
| -11.89% | Jul 2, 2014 | 343 | Nov 9, 2015 | 684 | Jul 30, 2018 | 1027 |
| -7.98% | Jan 21, 1994 | 295 | Mar 9, 1995 | 75 | Jun 22, 1995 | 370 |
| -7.22% | Dec 5, 2012 | 146 | Jul 5, 2013 | 193 | Apr 10, 2014 | 339 |
Volatility
Volatility Chart
The current abrdn Global Absolute Return Strategies Fund volatility is 1.30%, 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.