Performance
Performance vs. Indexes
As of June, 2018
| Fund | MTD | YTD | Annualized Since Inception |
5Y | 10Y | Since Inception |
|---|---|---|---|---|---|---|
| Seminole Capital Partners, LP1 | -2.8% | -1.9% | 14.7% | 32.9% | 83.7% | 2147.5% |
| S&P6 | 0.6% | 2.6% | 9.1% | 87.7% | 163.4% | 618.8% |
| Fund | MTD | YTD | Annualized Since Inception |
5Y | 10Y | Since Inception |
|---|---|---|---|---|---|---|
| Seminole Capital Partners II, LP2 | -2.8% | -2.0% | 14.5% | 31.6% | 79.7% | 2041.7% |
| S&P6 | 0.6% | 2.6% | 9.1% | 87.7% | 163.4% | 618.8% |
| Fund | MTD | YTD | Annualized Since Inception |
5Y | 10Y | Since Inception |
|---|---|---|---|---|---|---|
| Seminole Offshore Fund, Ltd3 - Class A Series 1 |
-2.9% | -2.0% | 11.4% | 31.4% | 78.8% |
775.1% |
| Seminole Offshore Fund, Ltd3 - Class C Series 1 |
-3.0% | -2.5% | 5.8% | 26.0% | 60.2% | |
| S&P6 | 0.6% | 2.6% | 6.6% | 87.7% | 163.4% | 264.2% |
| Fund | MTD | YTD | Annualized Since Inception |
Since Inception | ||
|---|---|---|---|---|---|---|
| Seminole Income Opportunty Fund, LP4 | -2.4% | -3.2% | 6.9% | 16.3% | ||
| Vanguard Balanced Index Fund7 | 0.4% | 1.3% | 9.6% | 22.8% |
| Fund | MTD | YTD | Annualized Since Inception |
Since Inception | ||
|---|---|---|---|---|---|---|
| Seminole Income Opportunity Fund, Ltd.5 | -2.5% | -3.3% | 6.7% | 15.6% | ||
| Vanguard Balanced Index Fund7 | 0.4% | 1.3% | 9.6% | 22.8% |
1SEMINOLE CAPITAL PARTNERS L.P.
Performance for Seminole Capital Partners, L.P. (the “Fund”) is presented on a total return basis (without provision for federal or state income taxes) including all interest, accrued income, realized and unrealized gains or losses, and is net of all execution costs. Performance is net of all applicable advisory fees and expenses. Performance figures include the reinvestment of dividends and income. Current year (YTD), 5 year (5Y) and 10 year (10Y) returns are derived from monthly returns. Monthly performance for 2018 is unaudited. Monthly returns are derived from: 1) 1995-1999: brokerage reports 2) 2000-2008 Seminole Management Co., Inc. for fee paying investor 3) 2009 to present: independent administrator for fee paying investor. Past performance does not guarantee future results. Individual results may vary based on the timing of contributions and withdrawals. Annualized since inception was derived by compounding the monthly returns for a fee paying investor derived from the administrator’s reports and includes unaudited returns for 2018..
2SEMINOLE CAPITAL PARTNERS II, L.P.
Performance for Seminole Capital Partners, L.P. from 11-1995 to 8-2000 and Seminole Capital Partners II, L.P. from 9-2000 to present. Performance for Seminole Capital Partners, L.P. and Seminole Capital Partners II, L.P. (the “Funds”) is presented on a total return basis (without provision for federal or state income taxes) including all interest, accrued income, realized and unrealized gains or losses, and is net of all execution costs. Performance is net of all applicable advisory fees and expenses. Performance figures include the reinvestment of dividends and income. Current year(YTD), 5 year(5Y) and 10 year (10Y) returns are derived from monthly performance numbers. Monthly performance for 2018 is unaudited. Monthly returns are derived from: 1) 1995-2003: brokerage reports-overall fund performance 2) 2004-2009 Seminole Management Co., Inc. for fee-paying investor 3) 2010 to present: independent administrator for fee-paying investor. Past performance does not guarantee future results. Individual results may vary based on the timing of contributions and withdrawals.
1995 was Seminole Capital Partners, L.P.’s first year of operation. Annualized since inception was derived by compounding the monthly returns for a fee paying investor derived from the administrator’s reports since inception and includes unaudited returns for 2018.
3SEMINOLE OFFSHORE FUND, LTD.
Performance for Seminole Offshore Fund, Ltd.(the “Fund”) is presented on a total return basis (without provision for federal or state income taxes) including all interest, accrued income, realized and unrealized gains or losses, and is net of all execution costs. Performance is net of all applicable advisory fees and expenses. Performance figures include the reinvestment of dividends and income. Monthly performance for 2018 is unaudited. Past performance does not guarantee future results. Individual results may vary based on the timing of contributions and withdrawals. The inception date of Seminole Offshore Fund, Ltd. Class A was 6/1/98. The inception date of Seminole Offshore Fund, Ltd. Class C was 2/1/10.
4SEMINOLE INCOME OPPORTUNITY FUND, L.P.
Performance for Seminole Income Opportunity Fund, L.P. (“the Fund”) is presented on a total return basis (without provision for federal or state income taxes) including all interest, accrued income, realized and unrealized gains or losses, and is net of all execution costs. Performance is net of all applicable advisory fees and expenses. Performance figures include the reinvestment of dividends and income. Monthly performance for 2018 is unaudited and derived from the Fund’s administrator reports. Past performance does not guarantee future results. Individual results may vary based on the timing of contributions and withdrawals. 2004 was the Fund’s first full year of operation.
5SEMINOLE INCOME OPPORTUNITY FUND, LTD.
Performance for Seminole Income Opportunity Fund, Ltd. (“the Fund”) is presented on a total return basis (without provision for federal or state income taxes) including all interest, accrued income, realized and unrealized gains or losses, and is net of all execution costs. Performance is net of all applicable advisory fees and expenses. Performance figures include the reinvestment of dividends and income. Monthly performance for 2018 is unaudited. Past performance does not guarantee future results. Individual results may vary based on the timing of contributions and withdrawals. 2004 was the Fund’s first full year of operation.
6The S&P 500 is comprised of a representative sample of 500 large-cap companies. The index is an unmanaged, market-value weighted index with each stock's weight in the index proportionate to its market value. Index returns are presented on a total return basis and include the reinvestment of dividends. There are significant differences between the S&P 500 index and the Fund. The index is non-managed. The adviser of the Fund used leverage and sold securities short The index is not subject to any of the fees or expenses to which the portfolio would be subject. It is not possible to invest in this index. The index is used for comparison purposes only. Market information was compiled from sources that Seminole believes to be reliable. No representation is made with respect to the accuracy or completeness of the data.
7The Benchmark for the Seminole Income Opportunity Funds was changed to The Vanguard Balance Index Fund effective 6/30/17. The benchmark is being used retroactively to coincide with the launch of the new strategy on 4/1/16. The Vanguard Balanced Index Fund is a fund that invests roughly 60% in stocks and 40% in bonds by tracking two indexes that represent broad barometers for the U.S. equity and U.S. taxable bond markets. Vanguard Balanced Index Fund seeks capital appreciation, current income, and long-term growth of income. Returns are presented on a total return basis and net of expenses and fees. Information for this Index Fund was compiled from sources that Seminole believes to be reliable. No representation is made with respect to the accuracy or completeness of the data.