Penn Series SMID Cap Growth Fund
Data updated: 2026-08-24
C000063370 — Penn Series SMID Cap Growth Fund. United States Mid Cap Growth Equity · $77.98M AUM. Holdings, fees, performance and SEC filings.
C000063370 Fund Overview
Penn Series SMID Cap Growth Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as United States Mid Cap Growth 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 Mid Cap Growth Equity
- Assets under management: $77.98M
- 1-year return: 32.9%
- SEC CIK: 0000702340
- SEC series ID: S000022079
- Share class ID: C000063370
C000063370 Investment Objective and Strategy
Penn Series SMID Cap Growth 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 SMID Cap Growth Fund (the Fund) is to seek long-term growth of capital (capital appreciation).
Principal investment strategy
The Fund attempts to achieve its investment objective by investing primarily in common stocks of small and medium capitalization U.S. companies. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small and medium capitalization companies. For purposes of this policy, small and medium capitalization companies have market capitalizations that fall within the outside range of the market capitalizations of companies in the Russell 2000 Growth Index and the Russell Midcap Growth Index at the time of purchase (as of March 31, 2026, and as provided by the Sub-Adviser, this range was between $3 million and $96 billion). Because the Funds definition of small and medium capitalization companies is dynamic, the lower and upper limits on market capitalization will change with the markets.
If the market capitalization of a company held by the Fund moves outside the range, the Fund may, but is not required to, sell the security. The Funds investments in small capitalization companies may include micro-capitalization companies. Although the Fund invests primarily in publicly traded U.S. securities, the Fund may invest up to 25% of its net assets in foreign securities, including securities of issuers in countries with emerging markets or economies and securities quoted in foreign currencies. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. The Sub-Adviser on behalf of the Fund employs a fundamental equity growth investment process that involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management.
The Sub-Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. No one factor or consideration is determinative in the stock selection process. With respect to the valuation of any private companies held by the Fund, the Sub-Adviser will consider a variety of factors it deems appropriate and reliable, including but not limited to, analyses of valuations of publicly traded companies in a similar line of business. The Sub-Adviser may decide to sell a position for various reasons, including when a companys fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes, or when a company is deemed to be misallocating capital or a company no longer fits within the Funds definition of a small or medium capitalization company.
The Fund may also invest in the aggregate up to 20% of its net assets in securities of companies that fall outside of the aforementioned small and medium capitalization range at the time of investment. The Fund may also invest in American Depositary Receipts (ADRs), real estate investment trusts (REITs), shares of other investment companies and exchange-traded funds (ETFs), derivatives, such as futures, options, and swap agreements, and fixed income securities, such as government, corporate and bank debt obligations. While the Funds sector and industry exposure is expected to vary over time, as of February 28, 2026, the Fund had significant exposure to the Industrials Sector, Information Technology Sector, Health Care Sector, and Consumer Discretionary Sector, as each sector is defined by the Global Industry Classification Standard.
C000063370 Holdings
Top 10 holdings of Penn Series SMID Cap Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Macom Technology Solutions Holdings, Inc. | 2.86% |
| Lattice Semiconductor Corp. | 2.34% |
| Blackrock Liquidity Funds | 2.27% |
| Onto Innovation, Inc. | 2.21% |
| Brightspring Health Services, Inc. | 1.96% |
| Sitime Corp. | 1.90% |
| Moog, Inc. | 1.83% |
| Carpenter Technology Corp. | 1.77% |
| Texas Roadhouse, Inc. | 1.73% |
| Roivant Sciences Ltd. | 1.69% |
C000063370 Portfolio Allocation
Asset-class allocation of Penn Series SMID Cap Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.0% |
| Cash & Equivalents | 2.3% |
C000063370 Performance
Total returns for C000063370 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 24.7% |
| 1 year | 32.9% |
| 3 years (annualised) | 13.5% |
| 5 years (annualised) | 3.0% |
C000063370 Risk Information
Risk metrics for C000063370, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.9%
C000063370 Costs and Fees
C000063370 costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 129%
- Brokerage commissions: 7.98 bps of average net assets (SEC N-CEN)
C000063370 Cashflows
Over the 12 months to 2026-06, Penn Series SMID Cap Growth Fund had net outflows of $12.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.16M |
| 2026-05 | −$551.03K |
| 2026-04 | −$681.26K |
| 2026-03 | −$732.72K |
| 2026-02 | −$1.07M |
| 2026-01 | −$1.18M |
C000063370 Debt Constituents
No individual debt constituents are reported in Penn Series SMID Cap Growth Fund's latest SEC N-PORT filing.
C000063370 Prospectus and SEC Filings
Official Penn Series SMID Cap Growth 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 Mid Cap Growth 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.