PAPPX Performance — Papp Small and Mid-Cap Growth Fund
Data updated: 2026-07-30
PAPPX returned 0.00% year to date and +5.42% over one year to May 2026. Annualised returns are +5.65% over 3 years and +0.32% over 5 years. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $118, against $156 for the category, and to $105 over one year, against $122. Volatility over the past three years was 15.01% a year. In the 12 months to May 2026 the fund lost a net $2.4M, and assets reached $40.63M.
PAPPX Growth of $100
What $100 invested in Papp Small and Mid-Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | PAPPX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $122 |
| 3 years (Jun 2023 – May 2026) | $118 | $156 |
| 5 years (Jun 2021 – May 2026) | $102 | $143 |
| Since data start (Mar 2020 – May 2026) | $134 | $207 |
PAPPX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | 0.00% |
| 1 year | +5.42% |
| 3 years (annualised) | +5.65% |
| 5 years (annualised) | +0.32% |
PAPPX Annual Returns
Calendar-year total returns of Papp Small and Mid-Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | 0.00% |
| 2025 | +4.72% |
| 2024 | +2.64% |
| 2023 | +11.49% |
| 2022 | −22.71% |
| 2021 | +14.72% |
| 2020 (Mar–Dec) | +26.15% |
PAPPX 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 | +2.7% | +1.6% | −6.9% | +5.6% | −2.5% | — | — | — | — | — | — | — |
| 2025 | +5.3% | −2.1% | −5.3% | −2.5% | +4.4% | +3.2% | +3.2% | +0.5% | −2.1% | −0.8% | +2.3% | −0.8% |
| 2024 | −2.0% | +5.8% | +3.5% | −6.4% | +1.0% | −0.7% | +2.5% | +0.6% | +1.6% | −3.1% | +6.5% | −5.8% |
| 2023 | +5.2% | −2.0% | +2.5% | −1.0% | −2.8% | +6.8% | +1.1% | −2.7% | −5.3% | −6.3% | +9.3% | +7.7% |
| 2022 | −11.4% | −5.0% | +1.0% | −7.7% | −1.2% | −5.9% | +10.9% | −5.1% | −9.0% | +9.6% | +7.0% | −5.7% |
| 2021 | −2.4% | +1.8% | +2.8% | +3.6% | −1.2% | +2.0% | +2.8% | +1.4% | −5.8% | +5.0% | −1.5% | +5.9% |
| 2020 | — | — | −0.1% | +0.1% | +0.1% | +2.4% | +7.1% | +4.4% | −3.2% | −2.8% | +12.5% | +4.0% |
PAPPX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.01%
- 3-year Sharpe ratio: 0.08 (vs 4.5% risk-free rate)
- Best month: +9.31% (Nov 2023)
- Worst month: −6.90% (Mar 2026)
PAPPX Fund Flows
Monthly money in and out of Papp Small and Mid-Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.4M
- 12-month gross sales (incl. reinvestments): $2.3M
- Sales ÷ redemptions: 0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $128K | $3.9M | −$3.8M |
| Apr 2026 | $468K | $30K | $438K |
| Mar 2026 | $0 | $11K | −$11K |
| Feb 2026 | $1K | $34K | −$33K |
| Jan 2026 | $40K | $90K | −$49K |
| Dec 2025 | $1.2M | $416K | $802K |
| Nov 2025 | $9K | $11K | −$2K |
| Oct 2025 | $206K | $82K | $124K |
| Sep 2025 | $85K | $77K | $8K |
| Aug 2025 | $18K | $27K | −$8K |
| Jul 2025 | $81K | $8K | $73K |
| Jun 2025 | $60K | $80K | −$20K |
PAPPX Assets Under Management
Net assets of Papp Small and Mid-Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $40.63M |
| 2026-02-28 | $45.90M |
| 2025-11-30 | $45.04M |
| 2025-08-31 | $45.19M |
| 2025-05-31 | $42.20M |
| 2025-02-28 | $43.85M |
| 2024-11-30 | $45.51M |
| 2024-08-31 | $43.42M |
| 2024-05-31 | $42.28M |
| 2024-02-29 | $43.61M |
| 2023-11-30 | $39.09M |
| 2023-08-31 | $40.55M |
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.