SA Global Fixed Income Fund (SAXIX)

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SA Global Fixed Income Fund (SAXIX) is up 1.7% since the beginning of the year. SAXIX is currently trading at $9 per share. Investors who bought $1,000 worth of SAXIX shares 5 years ago would now be looking at an investment worth $1,079.

SA Global Fixed Income Fund (SAXIX) has returned 1.73% so far this year and 4.05% over the past 12 months. Over the last ten years, SAXIX has returned 1.32% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 3, 2000, SAXIX's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 67% of months were positive and 33% were negative. The best month was May 2003 with a return of +2.3%, while the worst month was Dec 2003 at -3.5%. The longest winning streak lasted 23 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SAXIX closed higher 31% of trading days. The best single day was Sep 10, 2024 with a return of +2.4%, while the worst single day was Dec 23, 2003 at -4.5%.

SA Global Fixed Income Fund has an annualized alpha of 1.86%, beta of -0.02, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 03, 2000.

• This fund captured 3.23% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -5.19%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.02 may look defensive, but with R2 of 0.02 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 0.02 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.

SAXIX has an expense ratio of 0.71%, placing it in the medium range.

SAXIX ranks 67 for risk / return — better than 67% 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.

SA Global Fixed Income Fund provided a 4.77% dividend yield over the last twelve months, with an annual payout of $0.42 per share.

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

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.

The table below displays the maximum drawdowns of the SA Global 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 SA Global Fixed Income Fund was 9.94%, occurring on Sep 26, 2022. Recovery took 491 trading sessions.

The current SA Global Fixed Income Fund drawdown is 0.11%.

The chart below shows the rolling one-month volatility.