FUND PERFORMANCE

updated on a monthly basis - Past Performance Is Not Indicative of Future Results.



Month 2017  2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
January  1.81  -13.28  -10.46 0.34 7.04 22.13 4.66 -0.01 -18.90 -10.40 7.21 1.39 2.98 5.88
February  0.99    0.35   9.26 7.58 1.36 10.55 3.50 6.08 11.34 8.59 -7.31 2.71 -2.02 11.74
March  1.96    2.07   -1.11 2.86 4.66 8.08 6.23 5.61 -0.44 2.98 -3.43 4.43 3.20 5.12
April  1.72  1.76  0.01 -3.61 0.20 2.50 6.97 -4.67 15.98 10.84 9.81 3.06 -11.56 -3.41
May  0.40  2.80  -0.07 7.09 -0.50 -2.78 6.05 -19.22 19.02 7.93 6.88 -0.45 9.93 -1.52
June  0.55  -3.03 4.18 5.31 -4.53 4.23 1.24 0.13 11.78 6.26 -3.92 3.16 -1.74 12.83
July  1.56  1.96 2.52 -1.83 8.71 -1.45 -12.12 14.43 -9.97 1.12 -6.60 4.25 6.50 0.42
August  1.55  1.98 -15.15 6.65 2.38 13.84 -25.93 4.44 8.04 10.55 -14.39 8.80 5.44 10.01
September    0.67  5.07 0.86 4.33 7.86 -35.64 10.32 5.99 -69.95 12.81 4.92 11.17 8.30
October    2.36 1.04 -16.08 5.61 -1.22 11.41 7.44 0.07 -6.45 -2.09 10.49 -4.77 -8.09
November   0.64 2.44 7.91 2.41 3.92 -10.81 2.07 15.66 -30.10 -5.84 1.49 8.06 -8.98
December   1.07 -2.65  -11.57 3.11 5.62 38.57 9.71 11.86 53.12 15.68 3.78 5.20 11.15
Annual RoR  11.02 -1.80 -7.23 2.08 39.95 98.85 -24.82 37.81 85.21 -58.26 4.11 59.41 34.43 48.49

Past performance is not indicative of future results.
Note that indexes listed below do not represent the exact performance of an investment product tracking these indices.

fund performance

Past performance is not indicative of future results. 

Rate of Return is calculated by dividing the Series B Net Performance (net of fees and expenses) of Bayou City Capital, L.P., a Commodity Pool utilizing the S&P 500 Option Overwriting Program, by the Adjusted Beginning Asset Value (Beginning Net Asset Value plus time weighted additions and withdrawals) multiplied by 100.

Standard Deviation Refers to the volatility of the returns. Higher standard deviations translate into more volatile return patterns.

Sharpe & Sortino Ratio The Sharpe ratio divides the outperformance of the manager or index over the risk-free rate by the standard deviation. A higher Sharpe ratio indicates a higher return delivered for the risk taken. The Sortino ratio is a modification of the Sharpe ratio as it divides outperformance by the standard deviation of negative returns. The Sharpe ratio counts the volatility of both positive and negative returns.

Beta vs. Market Beta reflects the portfolio's sensitivity to overall market volatility. A beta of 1 reflects a portfolio that has fluctuated in perfect conjunction with the market. A beta higher than one indicates an above market level of risk and vice versa. A portfolio with beta of .75 would be expected to rise 7.5% if the broad market increased by 10%.

Alpha vs. Market Alpha represents the risk-adjusted outperformance of the manager. This statistic reduces or increases the total out- or underperformance of the manager based upon the beta of the portfolio. For example, if a manager outperformed the benchmark by 200 Basis Points (2%) with a beta of .75 the alpha would be 3.75%, assuming risk free rate is at 3% and market increased by 10%.

Downside Risk An estimation of a security's potential to suffer a decline in price if the market conditions turn bad. You can think of this as an estimate of the amount that you could lose on a stock or other investment.