Penn Capital Mid Cap Core Fund
Name
As of 01/02/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$14.1 M
Holdings in Top 10
26.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/02/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PSMQX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePenn Capital Mid Cap Core Fund
-
Fund Family NamePENN Capital Funds Trust
-
Inception DateNov 30, 2015
-
Shares OutstandingN/A
-
Share ClassN/A
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CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of mid-capitalization companies. Shareholders will be given at least 60 days advance notice of any change to the 80% investment policy. Mid-capitalization companies are defined for this purpose as companies with market capitalizations at the time of purchase between (i) the lesser of $2 billion or the market capitalization of the smallest company included in the Bloomberg US 2500 Index, and (ii) the greater of $20 billion or the market capitalization of the largest company included in the Bloomberg US 2500 Index. As of October 31, 2022, the minimum and maximum market capitalizations included in the Bloomberg US 2500 Index were approximately $19 million and $17.8 billion, respectively. The Fund is not required to sell equity securities whose market values appreciate or depreciate outside this market capitalization range.
In selecting investments for the Fund, the Advisor incorporates environmental, social, and governance-related (“ESG”) issues into its research and analysis, including, but not limited to, an assessment of the following factors: evaluation of a company's management team, board and leadership structure, share structure and overall business practices. Each investment decision incorporates ESG and sustainability to the extent that any of these ESG factors impact the financial health or reputational risk of the company within the capital markets.
Equity securities in which the Fund invests include common stock; preferred stock; equity-equivalent securities such as convertible securities; other investment companies, including exchange traded funds (“ETFs”); American Depositary Receipts (“ADRs”); and real estate investment trusts (“REITs”). The Fund is also permitted to invest in private placements in these types of securities. ADRs are equity securities traded on U.S. securities exchanges, which are generally issued by banks or trust companies to evidence ownership of foreign equity securities. The Fund generally invests in the securities of leveraged companies (i.e., companies that issue debt). The Fund also has the ability to invest in other investment companies, including ETFs, that have investment objectives similar to the Fund’s, or that otherwise are permitted investments with the Fund’s investment policies described herein. Investments in investment companies and ETFs also are permitted to manage the Fund’s cash holdings. The Fund may invest more than 25% in dividend-paying securities. In addition, the Fund may have increased exposure to investments in the financials sector. The Fund also may invest up to 25% of its net assets in foreign equity securities.
The Fund generally intends to invest in approximately 50 to 90 equity securities identified by the Advisor’s fundamental, bottom-up value driven research. The portfolio construction process involves both quantitative and qualitative fundamental analysis. Quantitative measures include the review of company financial statements and analysis of the company’s financial metrics relative to its peer group. Qualitative measures include evaluation of management, identification of market leaders within industries, and due-diligence research regarding customers, competitors and suppliers. The Advisor could choose to sell a security when, for example, in the Advisor’s determination, it no longer represents an attractive growth prospect, or to take advantage of what the Advisor has determined to be a better investment opportunity.
PSMQX - Performance
Return Ranking - Trailing
Period | PSMQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -63.8% | 0.0% | 22.22% |
1 Yr | N/A | -68.4% | 2.9% | 22.22% |
3 Yr | N/A* | -40.0% | 0.0% | 11.11% |
5 Yr | N/A* | -26.2% | 3.5% | N/A |
10 Yr | N/A* | -11.9% | 6.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PSMQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | 0.0% | 21.8% | 100.00% |
2022 | N/A | -28.2% | 0.0% | 11.11% |
2021 | N/A | -12.1% | 7.7% | 66.67% |
2020 | N/A | 0.0% | 25.7% | 100.00% |
2019 | N/A | -26.6% | -7.4% | N/A |
Total Return Ranking - Trailing
Period | PSMQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -63.8% | 0.0% | 22.22% |
1 Yr | N/A | -68.4% | 2.9% | 22.22% |
3 Yr | N/A* | -34.9% | 1.5% | 22.22% |
5 Yr | N/A* | -18.3% | 3.5% | N/A |
10 Yr | N/A* | -4.2% | 6.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PSMQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | 0.0% | 21.8% | 100.00% |
2022 | N/A | -28.2% | 0.0% | 11.11% |
2021 | N/A | 0.0% | 16.4% | 100.00% |
2020 | N/A | 0.0% | 32.0% | 100.00% |
2019 | N/A | -16.5% | -7.4% | N/A |
NAV & Total Return History
PSMQX - Holdings
Concentration Analysis
PSMQX | Category Low | Category High | PSMQX % Rank | |
---|---|---|---|---|
Net Assets | 14.1 M | 152 K | 23.6 M | N/A |
Number of Holdings | 56 | 2 | 70 | N/A |
Net Assets in Top 10 | 3.55 M | 19.6 K | 13 M | N/A |
Weighting of Top 10 | 26.85% | 0.8% | 58.4% | N/A |
Top 10 Holdings
- US BANK MMDA - USBFS 2 4.64%
- Diamondback Energy Inc 3.16%
- Arch Capital Group Ltd 3.10%
- Chesapeake Energy Corp 2.49%
- United Therapeutics Corp 2.36%
- Kirby Corp 2.34%
- Pinnacle Financial Partners In 2.28%
- Axis Capital Holdings Ltd 2.20%
- Vistra Corp 2.14%
- Halozyme Therapeutics Inc 2.13%
Asset Allocation
Weighting | Return Low | Return High | PSMQX % Rank | |
---|---|---|---|---|
Stocks | 95.42% | -1.06% | 70.20% | N/A |
Cash | 4.64% | 14.02% | 99.22% | N/A |
Preferred Stocks | 0.00% | 0.00% | 10.03% | N/A |
Other | 0.00% | -0.34% | 8.04% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.51% | N/A |
Bonds | 0.00% | 0.00% | 47.42% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | PSMQX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 3.32% | N/A |
Technology | 0.00% | 0.00% | 14.53% | N/A |
Real Estate | 0.00% | 0.00% | 12.18% | N/A |
Industrials | 0.00% | 0.00% | 21.50% | N/A |
Healthcare | 0.00% | 0.00% | 24.78% | N/A |
Financial Services | 0.00% | 0.00% | 25.50% | N/A |
Energy | 0.00% | 0.00% | 6.02% | N/A |
Communication Services | 0.00% | 0.00% | 5.97% | N/A |
Consumer Defense | 0.00% | 0.00% | 4.03% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 11.23% | N/A |
Basic Materials | 0.00% | 0.00% | 9.45% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PSMQX % Rank | |
---|---|---|---|---|
US | 95.42% | -1.06% | 67.31% | N/A |
Non US | 0.00% | 0.00% | 24.31% | N/A |
PSMQX - Expenses
Operational Fees
PSMQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 1.73% | 6.09% | N/A |
Management Fee | N/A | 0.14% | 1.00% | 54.55% |
12b-1 Fee | N/A | 0.00% | 1.00% | 71.43% |
Administrative Fee | N/A | 0.20% | 0.25% | N/A |
Sales Fees
PSMQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
PSMQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 100.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PSMQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 220.00% | N/A |
PSMQX - Distributions
Dividend Yield Analysis
PSMQX | Category Low | Category High | PSMQX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 49.05% | 90.91% |
Dividend Distribution Analysis
PSMQX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
PSMQX | Category Low | Category High | PSMQX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -0.93% | 0.13% | N/A |
Capital Gain Distribution Analysis
PSMQX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |