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TransWestern Institutional Short Duration Governme...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US66537X8609
Inception Date
Jan 2, 2011
Min. Investment
$2,000,000
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in TransWestern Institutional Short Duration Government 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.


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S&P 500 Index

Returns By Period

TransWestern Institutional Short Duration Government Bond Fund (TWSGX) has returned -0.00% so far this year and 3.71% over the past 12 months. Over the last ten years, TWSGX has returned 1.01% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


TransWestern Institutional Short Duration Government Bond Fund

1D
0.22%
1M
-1.07%
YTD
-0.00%
6M
1.08%
1Y
3.71%
3Y*
2.97%
5Y*
0.81%
10Y*
1.01%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 3, 2011, TWSGX's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, your investment would double in approximately 64.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2023 with a return of +2.0%, while the worst month was Sep 2022 at -1.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, TWSGX closed higher 28% of trading days. The best single day was Nov 10, 2022 with a return of +0.9%, while the worst single day was Apr 10, 2024 at -0.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.17%0.92%-1.07%0.00%
20250.43%1.29%0.31%0.63%-0.36%0.97%-0.13%0.94%0.53%0.40%0.49%0.19%5.83%
20240.14%-0.57%0.64%-0.97%0.56%0.57%1.36%0.78%0.77%-1.08%0.64%-0.55%2.28%
20231.17%-0.71%0.89%0.26%-0.53%-0.65%0.20%-0.21%-1.21%-0.67%2.03%1.68%2.21%
2022-0.70%-0.37%-1.40%-1.20%0.19%-0.85%0.65%-0.90%-1.54%-0.66%1.12%0.01%-5.55%
2021-0.10%-0.10%-0.28%0.13%0.02%0.03%0.20%-0.08%-0.31%-0.31%0.13%-0.17%-0.83%

Benchmark Metrics

TransWestern Institutional Short Duration Government Bond Fund has an annualized alpha of 1.18%, beta of -0.01, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 04, 2011.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (4.22%) than losses (2.01%) — typical of diversified or defensive assets.
  • Beta of -0.01 may look defensive, but with R² of 0.01 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 0.01 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
1.18%
Beta
-0.01
0.01
Upside Capture
4.22%
Downside Capture
2.01%

Expense Ratio

TWSGX has an expense ratio of 0.65%, placing it in the medium range.


Return for Risk

Risk / Return Rank

TWSGX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


TWSGX Risk / Return Rank: 8989
Overall Rank
TWSGX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
TWSGX Sortino Ratio Rank: 9191
Sortino Ratio Rank
TWSGX Omega Ratio Rank: 8383
Omega Ratio Rank
TWSGX Calmar Ratio Rank: 9595
Calmar Ratio Rank
TWSGX 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 TransWestern Institutional Short Duration Government Bond Fund (TWSGX) and compare them to a chosen benchmark (S&P 500 Index).


TWSGXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.71

0.90

+0.81

Sortino ratio

Return per unit of downside risk

2.69

1.39

+1.30

Omega ratio

Gain probability vs. loss probability

1.33

1.21

+0.12

Calmar ratio

Return relative to maximum drawdown

3.37

1.40

+1.97

Martin ratio

Return relative to average drawdown

10.02

6.61

+3.41

Explore TWSGX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

TransWestern Institutional Short Duration Government Bond Fund provided a 3.21% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%1.00%2.00%3.00%4.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.35201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.30$0.33$0.28$0.14$0.08$0.02$0.08$0.25$0.24$0.15

Dividend yield

3.21%3.57%3.03%1.52%0.89%0.20%0.82%2.59%2.50%1.49%

Monthly Dividends

The table displays the monthly dividend distributions for TransWestern Institutional Short Duration Government Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.03$0.02$0.00$0.05
2025$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.33
2024$0.03$0.03$0.03$0.03$0.00$0.00$0.03$0.00$0.03$0.03$0.03$0.03$0.28
2023$0.03$0.03$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.00$0.03$0.00$0.14
2022$0.00$0.00$0.01$0.01$0.01$0.00$0.00$0.02$0.02$0.02$0.00$0.00$0.08
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02

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 TransWestern Institutional Short Duration Government 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 TransWestern Institutional Short Duration Government Bond Fund was 8.14%, occurring on Oct 19, 2023. Recovery took 362 trading sessions.

The current TransWestern Institutional Short Duration Government Bond Fund drawdown is 1.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.14%Aug 5, 2021556Oct 19, 2023362Apr 1, 2025918
-3.14%Feb 3, 2015529Mar 9, 2017513Mar 25, 20191042
-2.12%Nov 12, 2012205Sep 5, 2013122Mar 3, 2014327
-1.3%Apr 7, 20255Apr 11, 202549Jun 24, 202554
-1.29%Mar 2, 202619Mar 26, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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