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ISIN
US1256772039
CUSIP
125677203
Inception Date
Mar 24, 2006
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

CMFIX Performance Chart

CM Advisors Fixed Income Fund (CMFIX) is up 0.8% since the beginning of the year. CMFIX is currently trading at $11 per share. Investors who bought $1,000 worth of CMFIX shares 5 years ago would now be looking at an investment worth $1,237.


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S&P 500 Index

Returns By Period

CM Advisors Fixed Income Fund (CMFIX) has returned 0.81% so far this year and 7.45% over the past 12 months.


CM Advisors Fixed Income Fund

1D
0.00%
1M
-0.61%
YTD
0.81%
6M
1.02%
1Y
7.45%
3Y*
7.52%
5Y*
4.34%
10Y*
3.16%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CMFIX Monthly Returns History

Based on dividend-adjusted daily data since Mar 24, 2006, CMFIX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.

Historically, 66% of months were positive and 34% were negative. The best month was Dec 2008 with a return of +5.4%, while the worst month was Dec 2006 at -8.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CMFIX closed higher 36% of trading days. The best single day was Jul 10, 2007 with a return of +2.8%, while the worst single day was Dec 28, 2006 at -4.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.35%1.03%-1.00%0.88%-0.35%-0.09%0.81%
20250.09%0.63%-0.61%0.45%0.45%1.13%2.42%1.14%1.09%0.09%0.35%0.29%7.75%
2024-0.36%-0.09%0.62%0.73%0.54%0.73%0.54%0.99%0.42%-0.45%0.54%0.24%4.55%
20230.10%1.17%0.22%-0.10%1.16%0.36%0.48%1.15%3.19%2.53%-0.27%1.79%12.38%
2022-0.19%0.19%0.29%-0.65%-0.75%-0.98%0.57%-0.66%-0.48%-0.10%-0.48%-0.48%-3.67%
20211.40%0.46%0.29%0.27%0.00%0.60%-0.91%0.55%-0.78%-0.18%1.20%0.14%3.06%

Benchmark Metrics

CM Advisors Fixed Income Fund has an annualized alpha of 6.14%, beta of 0.05, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since March 27, 2006.

  • This fund captured 19.87% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -5.92%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.05 may look defensive, but with R2 of 0.03 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.03 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.14%
Beta
0.05
0.03
Upside Capture
19.87%
Downside Capture
-5.92%

Expense Ratio

CMFIX has an expense ratio of 0.88%, placing it in the medium range.


Return for Risk

Risk / Return Rank

CMFIX ranks 71 for risk / return — better than 71% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


CMFIX Risk / Return Rank: 7171
Overall Rank
CMFIX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
CMFIX Sortino Ratio Rank: 4949
Sortino Ratio Rank
CMFIX Omega Ratio Rank: 8282
Omega Ratio Rank
CMFIX Calmar Ratio Rank: 9090
Calmar Ratio Rank
CMFIX Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for CM Advisors Fixed Income Fund (CMFIX) and compare them to S&P 500 Index.


CMFIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.53

Calmar ratioReturn relative to maximum drawdown

4.51

Martin ratioReturn relative to average drawdown

17.36

Dividends

Dividend History

CM Advisors Fixed Income Fund provided a 4.80% dividend yield over the last twelve months, with an annual payout of $0.55 per share.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.55$0.38$0.43$0.46$0.14$0.27$0.18$0.24$0.36$0.42$0.40$0.21

Dividend yield

4.80%3.28%3.91%4.21%1.33%2.49%1.63%2.23%3.34%3.74%3.50%1.85%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.18$0.00$0.00$0.00$0.18
2025$0.00$0.00$0.01$0.00$0.00$0.16$0.00$0.00$0.11$0.00$0.00$0.10$0.38
2024$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.11$0.43
2023$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.21$0.00$0.00$0.10$0.46
2022$0.00$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.05$0.14
2021$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.19$0.27

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the CM Advisors Fixed 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 CM Advisors Fixed Income Fund was 15.96%, occurring on Jun 12, 2007. Recovery took 116 trading sessions.

The current CM Advisors Fixed Income Fund drawdown is 0.65%.


Related event

Drawdown

Fall

Recovery

Underwater

2007 correction2007
-15.96%Jun 2007
6mo 9d5mo 17d
11mo 26dDec 2006 - Nov 2007
Financial crisis2007–2009
-10.40%Oct 2008
1mo 14d2mo 11d
3mo 25dSep 2008 - Jan 2009
Bear market2022
-4.81%Dec 2022
11mo 28d7mo 21d
1y 7moDec 2021 - Aug 2023
2006 pullback2006
-4.28%Oct 2006
27d8d
1mo 5dSep 2006 - Oct 2006
2006 pullback2006
-3.70%May 2006
1mo 16d25d
2mo 11dMar 2006 - Jun 2006

Drawdown Indicators


CMFIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-15.96%

-9.10%

-6.86%

Max Drawdown (1Y)

Largest decline over 1 year

-1.64%

Max Drawdown (3Y)

Largest decline over 3 years

-3.65%

Max Drawdown (5Y)

Largest decline over 5 years

-4.81%

Max Drawdown (10Y)

Largest decline over 10 years

-4.81%

Current Drawdown

Current decline from peak

-0.65%

-2.97%

+2.32%

Average Drawdown

Average peak-to-trough decline

-1.04%

-1.13%

+0.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.42%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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