PABVX Performance — MidCap Value Fund I, Class R-5
Data updated: 2026-09-25
PABVX returned +15.84% year to date and +19.69% over one year to Jul 2026. Annualised returns are +12.06% over 3 years and +8.64% over 5 years. The fund trailed its US Mid-Cap Value category average: $100 invested three years ago grew to $141, against $145 for the category, and to $120 over one year, against $120. Volatility over the past three years was 13.24% a year. In the 12 months to Jul 2026 the fund lost a net $96.5M, and assets reached $2.48B.
PABVX Growth of $100
What $100 invested in MidCap Value Fund I grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | PABVX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $120 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $141 | $145 |
| 5 years (Aug 2021 – Jul 2026) | $151 | $156 |
| Since data start (Aug 2019 – Jul 2026) | $211 | $212 |
PABVX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.84% |
| 1 year | +19.69% |
| 3 years (annualised) | +12.06% |
| 5 years (annualised) | +8.64% |
PABVX Annual Returns
Calendar-year total returns of MidCap Value Fund I, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.84% |
| 2025 | +5.88% |
| 2024 | +11.80% |
| 2023 | +10.88% |
| 2022 | −6.14% |
| 2021 | +30.97% |
| 2020 | +6.30% |
| 2019 (Aug–Dec) | +6.34% |
PABVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.2% | +4.6% | −4.8% | +5.7% | +0.5% | +2.8% | +1.3% | — | — | — | — | — |
| 2025 | +3.8% | −1.9% | −3.5% | −2.6% | +3.7% | +2.2% | +1.0% | +2.5% | +0.9% | −2.8% | +3.1% | −0.3% |
| 2024 | −0.5% | +4.5% | +5.4% | −5.2% | +3.1% | −1.6% | +5.4% | +2.1% | +1.4% | −1.8% | +6.4% | −6.9% |
| 2023 | +6.5% | −2.3% | −2.4% | −0.2% | −4.6% | +7.6% | +3.8% | −2.8% | −4.4% | −3.5% | +8.2% | +5.8% |
| 2022 | −3.9% | −0.2% | +2.7% | −3.8% | +2.3% | −9.8% | +8.1% | −3.3% | −8.4% | +10.5% | +5.7% | −4.1% |
| 2021 | 0.0% | +8.8% | +6.2% | +5.5% | +2.0% | −2.1% | +1.4% | +2.3% | −4.4% | +4.5% | −2.8% | +6.7% |
| 2020 | −2.5% | −9.9% | −19.8% | +13.1% | +5.3% | +0.8% | +3.7% | +3.8% | −2.2% | +0.5% | +13.6% | +4.5% |
| 2019 | — | — | — | — | — | — | — | −2.9% | +3.7% | +0.5% | +2.6% | +2.4% |
PABVX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.24%
- 3-year Sharpe ratio: 0.57 (vs 4.5% risk-free rate)
- Best month: +8.16% (Nov 2023)
- Worst month: −6.86% (Dec 2024)
PABVX Fund Flows
Monthly money in and out of MidCap Value Fund I, from SEC Form N-PORT.
- 12-month net flow: −$96.5M
- 12-month gross sales (incl. reinvestments): $357.9M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $18.6M | $33.4M | −$14.8M |
| Jun 2026 | $11.9M | $40.0M | −$28.1M |
| May 2026 | $11.9M | $27.4M | −$15.5M |
| Apr 2026 | $14.3M | $53.5M | −$39.2M |
| Mar 2026 | $21.0M | $27.5M | −$6.5M |
| Feb 2026 | $15.6M | $28.8M | −$13.1M |
| Jan 2026 | $23.8M | $51.0M | −$27.2M |
| Dec 2025 | $186.0M | $76.9M | $109.1M |
| Nov 2025 | $11.6M | $33.0M | −$21.4M |
| Oct 2025 | $14.9M | $25.5M | −$10.6M |
| Sep 2025 | $11.6M | $29.6M | −$18.0M |
| Aug 2025 | $16.8M | $27.8M | −$11.0M |
PABVX Assets Under Management
Net assets of MidCap Value Fund I by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.48B |
| 2026-04-30 | $2.42B |
| 2026-01-31 | $2.36B |
| 2025-10-31 | $2.27B |
| 2025-07-31 | $2.30B |
| 2025-04-30 | $2.34B |
| 2025-01-31 | $2.60B |
| 2024-10-31 | $2.84B |
| 2024-07-31 | $3.24B |
| 2024-04-30 | $3.90B |
| 2024-01-31 | $3.77B |
| 2023-10-31 | $3.42B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.