- ISIN
- US8040963030
- Issuer
- Sextant Mutual Funds
- Inception Date
- Feb 28, 1993
- Category
- Long-Term Bond
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
SBIFX Performance Chart
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Returns By Period
Sextant Bond Income Fund
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.41%
- 1M
- 4.48%
- YTD
- 10.79%
- 6M
- 10.60%
- 1Y
- 27.02%
- 3Y*
- 21.07%
- 5Y*
- 12.39%
- 10Y*
- 13.65%
SBIFX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.07% | 2.07% | -2.88% | -0.81% | |||||||||
| 2025 | 0.77% | 2.36% | -0.38% | 0.07% | -0.84% | 2.16% | -0.37% | 1.00% | 1.66% | 0.75% | 0.52% | -0.58% | 7.29% |
| 2024 | -0.65% | -1.59% | 1.18% | -2.98% | 1.69% | 1.19% | 1.90% | 1.86% | 1.38% | -2.61% | 1.19% | -2.42% | -0.05% |
| 2023 | 3.25% | -3.13% | 3.50% | 0.67% | -1.54% | -0.23% | -0.20% | -0.66% | -3.22% | -2.16% | 5.15% | 4.21% | 5.30% |
| 2022 | -2.98% | -1.75% | -2.94% | -5.06% | 0.23% | -1.92% | 3.05% | -3.78% | -5.95% | -1.62% | 4.54% | -0.43% | -17.54% |
| 2021 | -1.58% | -2.72% | -2.23% | 1.34% | 0.77% | 1.89% | 1.68% | -0.35% | -1.64% | 0.19% | 0.75% | -0.37% | -2.37% |
Benchmark Metrics
Sextant Bond Income Fund has an annualized alpha of 4.48%, beta of -0.05, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.02%) than losses (0.69%) - typical of diversified or defensive assets.
- Beta of -0.05 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.
- Alpha
- 4.48%
- Beta
- -0.05
- R²
- 0.02
- Upside Capture
- 13.02%
- Downside Capture
- 0.69%
Expense Ratio
SBIFX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Sextant Bond Income Fund (SBIFX) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
Sextant Bond Income Fund provided a 2.94% dividend yield over the last twelve months, with an annual payout of $0.13 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.16 | $0.14 | $0.12 | $0.09 | $0.13 | $0.13 | $0.15 | $0.16 | $0.16 | $0.15 | $0.17 |
Dividend yield | 2.94% | 3.57% | 3.19% | 2.60% | 2.14% | 2.33% | 2.39% | 2.86% | 3.22% | 3.04% | 2.92% | 3.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Sextant Bond Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.01 | $0.01 | $0.01 | $0.03 | |||||||||
| 2025 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.12 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Sextant Bond 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 Sextant Bond Income Fund was 24.98%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -24.98%Oct 2022 | 2y 2mo | — | 5y 10moAug 2020 - now |
1994 correction1994 | -12.15%Nov 1994 | 9mo 23d | 4mo 15d | 1y 2moFeb 1994 - Apr 1995 |
COVID crash2020 | -10.98%Mar 2020 | 10d | 4mo 3d | 4mo 13dMar 2020 - Jul 2020 |
Financial crisis2007–2009 | -10.92%Oct 2008 | 9mo 10d | 7mo 18d | 1y 4moJan 2008 - Jun 2009 |
1996 pullback1996 | -9.59%May 1996 | 4mo 2d | 6mo 8d | 10mo 10dJan 1996 - Nov 1996 |
Drawdown Indicators
| SBIFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -0.33% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.72% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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