Penn Series Balanced Fund
Data updated: 2026-08-24
C000063372 — Penn Series Balanced Fund. United States Blend / Core Equity · $81.95M AUM · 0.67% expense ratio. Holdings, fees, performance and SEC filings.
C000063372 Fund Overview
Penn Series Balanced 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: $81.95M
- 1-year return: 14.6%
- SEC CIK: 0000702340
- SEC series ID: S000022081
- Share class ID: C000063372
C000063372 Investment Objective and Strategy
Penn Series Balanced 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 Balanced Fund (the Fund) is to seek long-term growth and current income.
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 allocation. 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 intends to invest primarily in a combination of underlying funds; however, the Fund may invest directly in equity and fixed income securities and cash equivalents, including money market securities. Under normal circumstances, the Fund will invest 50%-70% of its assets in stock and other equity underlying funds, 30%-50% of its assets in bond and other fixed income funds, and 0%-20% of its assets in money market funds.
The Funds allocation strategy is designed to provide a mix of the growth opportunities of stock investing with the income opportunities of bonds and other fixed income securities. The Funds underlying equity fund allocation will primarily track the performance of the large capitalization company portion of the U.S. stock market. The Funds underlying fixed income fund allocation will be invested primarily in a broad range of investment grade fixed income securities (although up to 10% of the underlying fund may be invested in non-investment grade securities (commonly known as junk bonds)), and is intended to provide results consistent with the broad U.S. fixed income market. 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.
Market appreciation or depreciation may cause the Fund to be outside of its target asset allocation range. In addition, differences in the performance of the underlying funds and the size and frequency of purchase and redemption orders may affect the Funds actual allocations. Accordingly, the Funds actual allocations may differ from this illustration. Asset Classes and Underlying Funds Target Asset Allocation Equity Fund 50% - 70% Penn Series Index 500 Fund Fixed Income Fund 30% - 50% Penn Series Quality Bond Fund Money Market Fund 0% - 20% Penn Series Money Market Fund The Funds investment performance is directly related to the investment performance of the underlying funds. A brief description of each underlying funds principal investment strategy is provided below. Underlying Funds Investment Objective and Principal Investment Strategy Penn Series Index 500 Fund Seeks a total return (capital appreciation and income) which corresponds to that of the S&P 500 Index.
Under normal circumstances, the Fund intends to invest substantially all of its assets in securities of companies included in the Index and close substitutes (such as index futures contracts) that are designed to track the S&P 500 Index. Penn Series Quality Bond Fund Seeks to maximize total return over the long term consistent with the preservation of capital. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in marketable investment grade debt securities. Penn Series Money Market Fund Seeks current income, while preserving capital and liquidity. The Fund is a government money market fund and will invest no less than 99.5% of its total assets in government securities, cash or repurchase agreements that are collateralized fully by government securities or cash.
C000063372 Holdings
Top 1 holdings of Penn Series Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Penn Series Funds Inc | 100.08% |
C000063372 Portfolio Allocation
Asset-class allocation of Penn Series Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.1% |
C000063372 Performance
Total returns for C000063372 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.4% |
| 1 year | 14.6% |
| 3 years (annualised) | 13.9% |
| 5 years (annualised) | 7.8% |
C000063372 Risk Information
Risk metrics for C000063372, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.3%
C000063372 Costs and Fees
C000063372 costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 0.67%
- Portfolio turnover: 7%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000063372 Cashflows
Over the 12 months to 2026-06, Penn Series Balanced Fund had net outflows of $8.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$453.69K |
| 2026-05 | −$679.03K |
| 2026-04 | −$269.91K |
| 2026-03 | −$364.20K |
| 2026-02 | −$639.26K |
| 2026-01 | −$918.66K |
C000063372 Debt Constituents
No individual debt constituents are reported in Penn Series Balanced Fund's latest SEC N-PORT filing.
C000063372 Prospectus and SEC Filings
Official Penn Series Balanced 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.