Penn Series Developed International Index Fund
Data updated: 2026-08-24
C000063374 — Penn Series Developed International Index Fund. Europe Mid Cap Blend / Core Industrials Equity. Holdings, fees, performance and SEC filings.
C000063374 Fund Overview
Penn Series Developed International Index Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as Europe Mid Cap Blend / Core Industrials 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: Europe Mid Cap Blend / Core Industrials Equity
- Assets under management: $101.48M
- 1-year return: 19.4%
- SEC CIK: 0000702340
- SEC series ID: S000022083
- Share class ID: C000063374
C000063374 Investment Objective and Strategy
Penn Series Developed International Index 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 Developed International Index Fund (the Fund) is to seek to replicate the returns and characteristics of an international index composed of securities from developed countries.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities listed in the MSCI Europe, Australasia, Far East (MSCI EAFE) Index (the Index). Under normal circumstances, however, the Fund intends to invest substantially all of its assets in securities of companies included in the Index (including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs)) and close substitutes (such as index futures contracts) that are designed to track the Index. The Index is an arithmetic, market value-weighted average of the performance of approximately 1,000 securities primarily from Europe, Australia, Asia and the Far East. The Index is rebalanced quarterly as of the close of the last business day of February, May, August and November.
The Fund will concentrate (invest 25% or more of the value of its assets) in the securities of issuers having their principal business activities in the same industry if the Index is also concentrated in such 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, and Industrials Sector, as each sector is defined by the Global Industry Classification Standard. In addition, while the Funds country exposure is expected to vary over time, as of February 28, 2026, the Fund had significant exposure to Japan, France, and United Kingdom. The Sub-Adviser does not manage the Fund according to traditional methods of active investment management, which involve the buying and selling of securities based upon economic, financial and market analysis and investment judgment.
Instead, the Sub-Adviser utilizes a passive or indexing investment approach, seeking to replicate the investment performance that, before expenses, corresponds generally to the total return of the Index. The Sub-Adviser seeks to replicate the returns of the Index by investing in the securities of the Index in approximately their Index weight. However, under various circumstances, it may not be possible or practicable to purchase all of those securities in those weightings. In those circumstances, the Fund may purchase a sample of stocks in the Index in proportions expected to match generally the performance of the Index as a whole. In addition, from time to time, stocks are added to or removed from the Index. The Fund may sell stocks that are represented in the Index, or purchase stocks that are not yet represented in the Index, in anticipation of their removal from or addition to the Index.
The Sub-Adviser may at times purchase or sell futures contracts in lieu of investment directly in the stocks making up the Index. The Sub-Adviser might do so, for example, in order to increase the Funds investment exposure pending investment of cash in the stocks comprising the Index. Alternatively, the Sub-Adviser might use futures to reduce its investment exposure to the Index in situations where it intends to sell a portion of the stocks in the Funds portfolio but the sale has not yet been completed. The Sub-Adviser may also enter into forward foreign currency exchange contracts in an attempt to match the Indexs currency exposures.
C000063374 Holdings
Top 10 holdings of Penn Series Developed International Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Asml Holding NV | 3.50% |
| Hsbc Holdings PLC | 1.48% |
| Roche Holding AG | 1.38% |
| Novartis AG | 1.30% |
| Astrazeneca PLC | 1.29% |
| Nestle' Sa/ag | 1.20% |
| Siemens AG | 1.09% |
| Tokyo Electron Ltd. | 1.00% |
| Shell PLC | 1.00% |
| Mitsubishi Ufj Financial Group, Inc. | 0.97% |
C000063374 Portfolio Allocation
Asset-class allocation of Penn Series Developed International Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
| Cash & Equivalents | 0.2% |
C000063374 Performance
Total returns for C000063374 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.7% |
| 1 year | 19.4% |
| 3 years (annualised) | 15.7% |
| 5 years (annualised) | 8.3% |
C000063374 Risk Information
Risk metrics for C000063374, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.5%
C000063374 Costs and Fees
C000063374 costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 0.91%
- Portfolio turnover: 11%
- Brokerage commissions: 0.58 bps of average net assets (SEC N-CEN)
C000063374 Cashflows
Over the 12 months to 2026-06, Penn Series Developed International Index Fund had net inflows of $1.00M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$672.90K |
| 2026-05 | −$383.49K |
| 2026-04 | −$1.33M |
| 2026-03 | −$73.79K |
| 2026-02 | −$151.38K |
| 2026-01 | −$176.85K |
C000063374 Debt Constituents
No individual debt constituents are reported in Penn Series Developed International Index Fund's latest SEC N-PORT filing.
C000063374 Prospectus and SEC Filings
Official Penn Series Developed International Index 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 Europe Mid Cap Blend / Core Industrials 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.