Penn Series Moderately Conservative Allocation Fund
Data updated: 2026-08-24
C000063368 — Penn Series Moderately Conservative Allocation Fund. United States Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000063368 Fund Overview
Penn Series Moderately Conservative Allocation Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as United States Blend / Core Equity. 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 Blend / Core Equity
- Assets under management: $69.15M
- 1-year return: 9.2%
- SEC CIK: 0000702340
- SEC series ID: S000022077
- Share class ID: C000063368
C000063368 Investment Objective and Strategy
Penn Series Moderately Conservative Allocation 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 Moderately Conservative Allocation Fund (the Fund) is to seek to achieve long-term capital growth and current income consistent with its asset allocation strategy.
Principal investment strategy
The Fund seeks to achieve its investment objective by using a fund-of-funds strategy. Accordingly, the Fund invests in a combination of other Penn Series Funds (each, an underlying fund and, collectively, the underlying funds) in accordance with its target asset allocations. These underlying funds invest their assets directly in equity, fixed income, money market and other securities in accordance with their own investment objectives and policies. The underlying funds are managed using both indexed and active management strategies. The Fund has its own distinct target portfolio allocation and is designed to accommodate specific investment goals and risk tolerances. Through its investments in the underlying funds, the Funds target allocation is intended to allocate the Funds assets among various asset classes, such as equity securities, fixed income securities and money market securities.
The portfolio of the Fund is more heavily allocated to bonds and cash investments, and reflects a moderately conservative approach. In determining the asset allocation of the Fund, the Adviser will rely on the experience of its investment personnel and its evaluation of the overall financial markets, including, but not limited to, information about the economy, interest rates, and the long-term absolute and relative returns of various asset classes. Consideration will also be given to the investment styles of the managers of the underlying funds and their historic patterns of performance relative to their asset class and to other underlying funds. Periodic changes in allocations among the underlying funds will be based on information about the financial markets, changes within particular underlying funds, or the introduction of new Penn Series Funds that would, in the Advisers opinion, enhance the return potential of the Fund.
These changes will be implemented as necessary, recognizing that these decisions tend to be long-term in nature, based on information about the financial markets and on the Funds investment objective. The following chart shows the Funds target asset allocation among the various asset classes. The Adviser may permit modest deviations from the target asset allocations listed below. Accordingly, the Funds actual allocations may differ from this illustration. Asset Class Target Asset Allocation Equity Funds 30% - 50% Fixed Income and Money Market Funds 50% - 70% The Adviser reserves the right to modify the Funds target asset allocations and to substitute other underlying funds and add additional underlying funds from time to time should circumstances warrant a change. The Adviser may periodically rebalance the Funds investments in the underlying funds to bring the Fund back within its target range.
C000063368 Holdings
Top 2 holdings of Penn Series Moderately Conservative Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Penn Series Funds Inc | 98.87% |
| Blackrock Liquidity Funds | 0.05% |
C000063368 Portfolio Allocation
Asset-class allocation of Penn Series Moderately Conservative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 0.1% |
C000063368 Performance
Total returns for C000063368 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.8% |
| 1 year | 9.2% |
| 3 years (annualised) | 8.9% |
| 5 years (annualised) | 4.5% |
C000063368 Risk Information
Risk metrics for C000063368, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.6%
C000063368 Costs and Fees
C000063368 costs about $103 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.03%
- Gross expense ratio: 1.03%
- Portfolio turnover: 11%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000063368 Cashflows
Over the 12 months to 2026-06, Penn Series Moderately Conservative Allocation Fund had net outflows of $9.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$595.40K |
| 2026-05 | −$516.66K |
| 2026-04 | −$1.46M |
| 2026-03 | −$1.31M |
| 2026-02 | −$813.22K |
| 2026-01 | −$764.07K |
C000063368 Debt Constituents
No individual debt constituents are reported in Penn Series Moderately Conservative Allocation Fund's latest SEC N-PORT filing.
C000063368 Prospectus and SEC Filings
Official Penn Series Moderately Conservative Allocation 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 Blend / Core Equity 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.