The Advisorsa Inner Circle Fund III (SAMT) Performance
SAMT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.1% since Dec 31, 2025
- 1 year
- +9.2% total return
- 3 years
- +24.2% a year
- Since first price
- +12.2% a year since 2022
SAMT trailing returns vs SPY, QQQ, AGG
| Period | SAMT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.3% | −5.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.5% | −4.5% | +7.8% | +8.4% | −1.5% |
| YTD | +7.1% | +7.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.2% | +8.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +91.4%+24.2%/yr | +84.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJan 25, 2022 | +72.8%+12.2%/yr | +65.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SAMT vs SPY
From Jan 25, 2022: SAMT grew to $17,277, SPY to $18,636.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SAMT returns by calendar year
3 of 3 full years positive. Best 2025 (+33.1%), worst 2023 (+1.3%). 2026 is year to date.
SAMT annual returns table
| Year | SAMT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.1% | −14.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.1% | −18.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +28.1% | −6.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.3% | −8.8% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SAMT largest drawdowns
Now 13.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 29, 2022 | −20.6% | Mar 23, 2023 | Jun 18, 2024 | 12 months | 2.2 years |
| Feb 10, 2025 | −18.3% | Apr 8, 2025 | Jun 18, 2025 | 57 days | 4 months |
| Jun 30, 2026 | −14.1% | Oct 19, 2026 | not yet | 4 months | 4 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SAMT risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +24.4% | +12.0% |
| Volatility (annualized) | 15.3% | 16.3% |
| Sharpe ratio | 1.23 | 0.54 |
| Sortino ratio | 2.42 | 0.88 |
| Best month | +12.0% | +12.0% |
| Worst month | −9.1% | −9.4% |
| Best 12 months | +47.5% | +47.5% |
| Worst 12 months | +12.6% | −16.1% |
| Positive months | 67% | 61% |
| Beta vs S&P 500 | 0.90 | — |
| Correlation with S&P 500 | 0.73 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SAMT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 46 | −16.1% | +20.3% | +47.5% | 83% |
| 3-year (a year) | 22 | +4.1% | +20.6% | +29.7% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
SAMT performance overview
The Advisorsa Inner Circle Fund III (SAMT) returned +9.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +12.2% a year, turning $10,000 into about $17,277. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −20.6%, from Mar 29, 2022 to Mar 23, 2023, and it took 1.2 years to get back to the old high. SAMT finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+33.1%) and the worst 2023 (+1.3%). Volatility has been 16.3% a year.
Related: SAMT chart, SAMT holdings, SAMT dividends, SAMT valuation. See the SAMT overview for the latest quote and fund facts.
SAMT performance FAQ
What is the SAMT return over the past year?
SAMT returned +9.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.5%.
How much would $10,000 invested in SAMT be worth?
$10,000 invested in SAMT at its first recorded close on January 25, 2022 would be worth about $17,277 on October 23, 2026 with distributions reinvested.
What was the worst year for SAMT?
The worst calendar year was 2023, with a total return of +1.3%. The best was 2025 at +33.1%.
What is the biggest drawdown of SAMT?
The largest peak-to-trough decline was −20.6% between March 29, 2022 and March 23, 2023. It recovered to the old high on June 18, 2024, 1.2 years after the bottom.
How volatile is SAMT?
Over the past 3 years SAMT had an annualized volatility of 15.3% and a Sharpe ratio of 1.23 (excess return over 1–3 month T-bills per unit of risk).