Penn Series SMID Cap Value Fund
Data updated: 2026-08-24
C000063371 — Penn Series SMID Cap Value Fund. United States Mid Cap Value Equity · $47.36M AUM. Holdings, fees, performance and SEC filings.
C000063371 Fund Overview
Penn Series SMID Cap Value Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as United States Mid Cap Value 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 Value Equity
- Assets under management: $47.36M
- 1-year return: 25.0%
- SEC CIK: 0000702340
- SEC series ID: S000022080
- Share class ID: C000063371
C000063371 Investment Objective and Strategy
Penn Series SMID Cap Value 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 Value Fund (the Fund) is to seek long-term growth of capital.
Principal investment strategy
The Fund invests primarily in a diversified portfolio of equity securities of small and medium capitalization U.S. companies, generally representing 60 to 125 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 this Fund, small and medium capitalization companies are those that, at the time of investment, fall within the capitalization range between the smallest company in the Russell 2500 Value Index (as of March 31, 2026, and as provided by the Sub-Adviser, this amount was $18.8 million) and the market capitalization of the largest company in the Russell 2500 Value Index (as of March 31, 2026, and as provided by the Sub-Adviser, this amount was $93.8 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. The Funds investments in small capitalization companies may include micro-capitalization companies. The Fund invests in companies that are determined by the Sub-Adviser to be undervalued, using its fundamental value approach. In selecting securities for the Fund, the Sub-Adviser uses its fundamental research to identify companies whose long-term earnings power is not reflected in the current market price of their securities. The Sub-Advisers fundamental value approach to equity investing generally defines value as the relationship between a securitys current price and its intrinsic economic value, as measured by long-term earnings prospects.
To the extent that companies involved in certain industries may from time to time constitute a material portion of the universe of small and medium capitalization companies, the Fund may also invest significantly in these industries (but not more than 25% of its total assets in any one industry). 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 Financials Sector, Health Care Sector, Industrials Sector, and Information Technology Sector, as each sector is defined by the Global Industry Classification Standard. The Fund may invest in American Depositary Receipts (ADRs) and non-U.S. securities. The Sub-Adviser will generally sell a security when it reaches fair value on a risk-adjusted basis. Typically, growth in the size of a companys market capitalization relative to other domestically traded companies will not cause the Sub-Adviser to dispose of the security.
The Fund may invest in securities issued by non-U.S. companies and enter into forward commitments (forward and futures contracts and swap agreements).
C000063371 Holdings
Top 10 holdings of Penn Series SMID Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Blackrock Liquidity Funds | 2.53% |
| US Foods Holding Corp. | 1.72% |
| Hanover Insurance Group, Inc. (the) | 1.65% |
| Borgwarner, Inc. | 1.62% |
| Reliance, Inc. | 1.61% |
| Regal Rexnord Corp. | 1.55% |
| F5, Inc. | 1.53% |
| Idacorp, Inc. | 1.51% |
| Umb Financial Corp. | 1.47% |
| Tenet Healthcare Corp. | 1.44% |
C000063371 Portfolio Allocation
Asset-class allocation of Penn Series SMID Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.6% |
| Cash & Equivalents | 2.5% |
C000063371 Performance
Total returns for C000063371 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 19.3% |
| 1 year | 25.0% |
| 3 years (annualised) | 13.6% |
| 5 years (annualised) | 7.0% |
C000063371 Risk Information
Risk metrics for C000063371, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.2%
C000063371 Costs and Fees
C000063371 costs about $113 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.13%
- Gross expense ratio: 1.15%
- Portfolio turnover: 63%
- Brokerage commissions: 6.03 bps of average net assets (SEC N-CEN)
C000063371 Cashflows
Over the 12 months to 2026-06, Penn Series SMID Cap Value Fund had net outflows of $10.19M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.10M |
| 2026-05 | −$369.72K |
| 2026-04 | −$981.34K |
| 2026-03 | −$423.84K |
| 2026-02 | −$600.22K |
| 2026-01 | −$478.75K |
C000063371 Debt Constituents
No individual debt constituents are reported in Penn Series SMID Cap Value Fund's latest SEC N-PORT filing.
C000063371 Prospectus and SEC Filings
Official Penn Series SMID Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus supplement (497) — filed 2026-06-01
- 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 Value 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.