Penn Series Real Estate Securities Fund
Data updated: 2026-08-24
C000018292 — Penn Series Real Estate Securities Fund. United States Real Estate · $97.85M AUM. Holdings, fees, performance and SEC filings.
C000018292 Fund Overview
Penn Series Real Estate Securities Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Penn Series Funds Inc
- Category: United States Real Estate
- Assets under management: $97.85M
- 1-year return: 13.2%
- SEC CIK: 0000702340
- SEC series ID: S000006729
- Share class ID: C000018292
C000018292 Investment Objective and Strategy
Penn Series Real Estate Securities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Penn Series Funds Inc.
Investment objective
The investment objective of the Real Estate Securities Fund (the Fund) is to seek to achieve a high total return consistent with reasonable investment risks.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80%, and normally substantially all, of its net assets, plus the amount of any borrowings for investment purposes, in common stocks and other equity securities issued by real estate companies, including real estate investment trusts (REITs). The Fund considers companies real estate companies if such companies (i) derive at least 50% of their revenues from the ownership, construction, financing, management or sale of commercial, industrial, or residential real estate; or (ii) have at least 50% of their assets in such real estate. REITs are companies that own interests in real estate or in real estate related loans or other interests, and their revenue primarily consists of rent derived from owned, income producing real estate properties and capital gains from the sale of such properties.
A REIT in the U.S. is generally not taxed on income distributed to shareholders so long as it meets certain tax related requirements, including the requirement that it distribute substantially all of its taxable income to its shareholders. REIT-like entities are organized outside of the U.S. and have operations and receive foreign tax treatment similar to that of U.S. REITs. The Fund retains the ability to invest in real estate companies of any market capitalization. The Fund will concentrate at least 25% of its investments in securities issued by companies in the real estate industry. The Fund may invest up to 25% of its total assets in securities of foreign issuers which meet the same criteria for investment as domestic companies, or sponsored and unsponsored depositary receipts for such securities.
Depositary receipts may take the form of American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs). In managing the Funds portfolio, the Sub-Adviser adheres to an integrated, bottom-up, relative value investment process. The Fund may buy and sell portfolio securities actively. If it does, its portfolio turnover rate and transaction costs will rise, which may lower Fund performance.
C000018292 Holdings
Top 10 holdings of Penn Series Real Estate Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower, Inc. | 13.74% |
| Digital Realty Trust, Inc. | 9.23% |
| Prologis, Inc. | 4.68% |
| American Tower Corp. | 4.52% |
| Extra Space Storage, Inc. | 4.40% |
| Crown Castle, Inc. | 4.18% |
| Equinix, Inc. | 3.90% |
| Agree Realty Corp. | 3.52% |
| Sun Communities, Inc. | 3.28% |
| Iron Mountain, Inc. (reit) | 3.12% |
C000018292 Portfolio Allocation
Asset-class allocation of Penn Series Real Estate Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
| Cash & Equivalents | 0.8% |
C000018292 Performance
Total returns for C000018292 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 14.6% |
| 1 year | 13.2% |
| 3 years (annualised) | 9.8% |
| 5 years (annualised) | 4.1% |
C000018292 Risk Information
Risk metrics for C000018292, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.8%
C000018292 Costs and Fees
C000018292 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 0.97%
- Portfolio turnover: 31%
- Brokerage commissions: 3.00 bps of average net assets (SEC N-CEN)
C000018292 Cashflows
Over the 12 months to 2026-06, Penn Series Real Estate Securities Fund had net outflows of $12.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$913.15K |
| 2026-05 | −$1.01M |
| 2026-04 | −$2.43M |
| 2026-03 | −$2.78M |
| 2026-02 | −$1.02M |
| 2026-01 | −$461.77K |
C000018292 Debt Constituents
No individual debt constituents are reported in Penn Series Real Estate Securities Fund's latest SEC N-PORT filing.
C000018292 Prospectus and SEC Filings
Official Penn Series Real Estate Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-10
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.