PEIIX Performance — Equity Income Fund, Institutional Class
Data updated: 2026-09-25
PEIIX returned +12.66% year to date and +22.17% over one year to Jul 2026. Annualised returns are +15.64% over 3 years and +9.68% over 5 years. The fund trailed its US Large Value category average: $100 invested three years ago grew to $155, against $156 for the category, and to $122 over one year, against $122. Volatility over the past three years was 12.85% a year. In the 12 months to Jul 2026 the fund lost a net $1.6B, and assets reached $7.95B.
PEIIX Growth of $100
What $100 invested in Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | PEIIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $155 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $159 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $210 | $226 |
PEIIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.66% |
| 1 year | +22.17% |
| 3 years (annualised) | +15.64% |
| 5 years (annualised) | +9.68% |
PEIIX Annual Returns
Calendar-year total returns of Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.66% |
| 2025 | +15.59% |
| 2024 | +15.46% |
| 2023 | +11.14% |
| 2022 | −10.50% |
| 2021 | +22.33% |
| 2020 | +6.52% |
| 2019 (Aug–Dec) | +7.81% |
PEIIX 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 | +3.5% | +3.0% | −4.5% | +7.4% | −1.1% | +1.6% | +2.5% | — | — | — | — | — |
| 2025 | +5.1% | −0.4% | −3.9% | −3.0% | +4.3% | +3.7% | +0.9% | +3.6% | +1.3% | −0.4% | +4.2% | −0.5% |
| 2024 | +0.4% | +2.8% | +4.7% | −4.0% | +3.4% | 0.0% | +4.6% | +3.4% | +1.4% | −1.0% | +6.2% | −6.5% |
| 2023 | +6.3% | −4.4% | −1.5% | +2.3% | −5.1% | +7.1% | +3.9% | −3.8% | −3.5% | −3.5% | +8.2% | +6.2% |
| 2022 | −2.5% | −3.6% | +2.4% | −5.7% | +2.8% | −8.4% | +6.7% | −3.1% | −9.4% | +8.9% | +7.3% | −4.2% |
| 2021 | −1.4% | +4.5% | +4.4% | +4.1% | +1.9% | −0.4% | +1.4% | +1.9% | −5.3% | +6.8% | −2.3% | +5.5% |
| 2020 | −2.2% | −10.1% | −15.1% | +10.0% | +3.8% | +0.3% | +5.7% | +4.2% | −2.1% | −0.5% | +11.7% | +4.1% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +3.4% | +0.5% | +2.9% | +2.7% |
PEIIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.85%
- 3-year Sharpe ratio: 0.87 (vs 4.5% risk-free rate)
- Best month: +8.15% (Nov 2023)
- Worst month: −6.54% (Dec 2024)
PEIIX Fund Flows
Monthly money in and out of Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.6B
- 12-month gross sales (incl. reinvestments): $1.4B
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $56.0M | $202.9M | −$146.9M |
| Jun 2026 | $68.3M | $171.6M | −$103.3M |
| May 2026 | $49.0M | $194.1M | −$145.1M |
| Apr 2026 | $32.0M | $307.5M | −$275.5M |
| Mar 2026 | $119.9M | $135.9M | −$16.0M |
| Feb 2026 | $56.8M | $108.7M | −$51.9M |
| Jan 2026 | $197.6M | $233.9M | −$36.3M |
| Dec 2025 | $694.8M | $470.2M | $224.7M |
| Nov 2025 | $27.3M | $537.2M | −$510.0M |
| Oct 2025 | $36.9M | $488.7M | −$451.8M |
| Sep 2025 | $72.2M | $112.6M | −$40.5M |
| Aug 2025 | $33.9M | $130.4M | −$96.5M |
PEIIX Assets Under Management
Net assets of Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.95B |
| 2026-04-30 | $8.14B |
| 2026-01-31 | $8.07B |
| 2025-10-31 | $8.47B |
| 2025-07-31 | $8.71B |
| 2025-04-30 | $8.16B |
| 2025-01-31 | $9.02B |
| 2024-10-31 | $9.07B |
| 2024-07-31 | $9.09B |
| 2024-04-30 | $8.46B |
| 2024-01-31 | $8.66B |
| 2023-10-31 | $7.86B |
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.