Sextant Short Term Bond Fund (STBFX)
The fund invests at least 80% of its assets in short-term bonds, including corporate and government bonds. Under normal circumstances, the fund's dollar-weighted average maturity does not exceed three years. It invests at least 65% of net assets in bonds rated within the three highest grades (AAA, AA, or A); and may not invest in a bond rated at the time of purchase below the fourth-highest grade (BBB).
Fund Info
| ISIN | US8040964020 |
|---|---|
| Issuer | Sextant Mutual Funds |
| Inception Date | Sep 28, 1995 |
| Category | Short-Term Bond |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
STBFX features an expense ratio of 0.60%, falling within 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 Sextant Short Term Bond 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
Sextant Short Term Bond Fund had a return of 3.32% year-to-date (YTD) and 5.63% in the last 12 months. Over the past 10 years, Sextant Short Term Bond Fund had an annualized return of 1.39%, while the S&P 500 had an annualized return of 10.85%, indicating that Sextant Short Term Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.32% | 17.79% |
| 1 month | 0.86% | 0.18% |
| 6 months | 3.08% | 7.53% |
| 1 year | 5.63% | 26.42% |
| 5 years (annualized) | 1.26% | 13.48% |
| 10 years (annualized) | 1.39% | 10.85% |
Monthly Returns
The table below presents the monthly returns of STBFX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.21% | -0.20% | 0.43% | -0.18% | 0.66% | 0.42% | 0.87% | 0.66% | 3.32% | ||||
| 2023 | 0.77% | -0.69% | 1.22% | 0.35% | -0.24% | -0.04% | 0.38% | 0.16% | -0.04% | 0.19% | 1.03% | 0.84% | 3.97% |
| 2022 | -0.91% | -0.52% | -1.11% | -0.92% | 0.52% | -0.71% | 0.93% | -0.91% | -1.32% | -0.09% | 0.97% | 0.18% | -3.87% |
| 2021 | -0.08% | -0.48% | -0.29% | 0.29% | 0.29% | -0.14% | 0.28% | -0.11% | -0.32% | -0.31% | -0.12% | -0.12% | -1.10% |
| 2020 | 0.74% | 0.73% | -1.60% | 1.73% | 0.92% | 0.32% | 0.52% | -0.06% | -0.07% | -0.26% | 0.32% | 0.12% | 3.42% |
| 2019 | 0.54% | 0.13% | 0.95% | 0.16% | 0.35% | 0.74% | -0.04% | 0.74% | -0.25% | 0.54% | -0.06% | 0.16% | 4.02% |
| 2018 | -0.28% | -0.30% | 0.11% | -0.09% | 0.33% | -0.09% | 0.13% | 0.33% | 0.12% | -0.06% | 0.23% | 0.90% | 1.35% |
| 2017 | 0.11% | 0.10% | 0.13% | 0.10% | 0.33% | -0.08% | 0.31% | 0.09% | -0.11% | -0.10% | -0.31% | -0.06% | 0.50% |
| 2016 | 0.29% | -0.10% | 0.70% | 0.28% | -0.10% | 0.46% | 0.09% | 0.10% | 0.08% | 0.08% | -0.71% | 0.31% | 1.47% |
| 2015 | 0.68% | -0.13% | 0.10% | 0.28% | 0.08% | -0.11% | 0.09% | -0.11% | 0.09% | 0.29% | -0.10% | -0.10% | 1.07% |
| 2014 | 0.70% | 0.09% | -0.08% | 0.29% | 0.28% | -0.12% | -0.10% | 0.28% | -0.10% | 0.30% | -0.11% | -0.50% | 0.94% |
| 2013 | 0.10% | 0.08% | 0.10% | 0.10% | -0.49% | -0.51% | 0.11% | -0.30% | 0.72% | 0.51% | 0.30% | -0.49% | 0.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of STBFX is 91, placing it in the top 9% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sextant Short Term Bond Fund (STBFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sextant Short Term Bond Fund granted a 2.37% dividend yield in the last twelve months. The annual payout for that period amounted to $0.12 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.12 | $0.10 | $0.06 | $0.05 | $0.08 | $0.09 | $0.09 | $0.06 | $0.05 | $0.05 | $0.06 | $0.06 |
Dividend yield | 2.37% | 2.01% | 1.34% | 1.05% | 1.60% | 1.74% | 1.74% | 1.30% | 1.06% | 1.07% | 1.14% | 1.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Sextant Short Term Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.08 | |||
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2019 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.06 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.05 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2014 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 |
| 2013 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 |
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 Sextant Short Term Bond 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 Short Term Bond Fund was 6.52%, occurring on Oct 20, 2022. Recovery took 423 trading sessions.
The current Sextant Short Term Bond Fund drawdown is 0.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.52% | Jan 6, 2021 | 452 | Oct 20, 2022 | 423 | Jun 28, 2024 | 875 |
| -4.24% | Mar 5, 2008 | 165 | Oct 28, 2008 | 50 | Jan 9, 2009 | 215 |
| -4.14% | Jan 30, 2002 | 37 | Mar 22, 2002 | 85 | Jul 25, 2002 | 122 |
| -3.87% | Mar 9, 2020 | 12 | Mar 24, 2020 | 42 | May 22, 2020 | 54 |
| -1.93% | Nov 8, 2001 | 12 | Nov 26, 2001 | 43 | Jan 29, 2002 | 55 |
Volatility
Volatility Chart
The current Sextant Short Term Bond Fund volatility is 0.49%, 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.