PFRNX — PENN Capital Defensive Floating Rate Income Fund
Data updated: 2023-01-05
PFRNX — PENN Capital Defensive Floating Rate Income Fund. Short Bank Loans / Floating Rate Bond · $28.92M AUM. Holdings, fees, performance and SEC filings.
PFRNX Fund Overview
PFRNX — PENN Capital Defensive Floating Rate Income Fund is a US mutual fund managed by RBB Fund Trust, categorised as Short Bank Loans / Floating Rate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: RBB Fund Trust
- Category: Short Bank Loans / Floating Rate Bond
- Assets under management: $28.92M
- 1-year return: -0.7%
- Ticker: PFRNX
- SEC CIK: 0001618627
- SEC series ID: S000048029
- Share class ID: C000151492
PFRNX Holdings
Top 10 holdings of PENN Capital Defensive Floating Rate Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| US Bank Mmda - Usbfs 2 | 6.93% |
| Carnival Corp. | 1.35% |
| Cincinnati Bell, Inc. | 1.18% |
| Waystar Technologies, Inc. | 1.17% |
| Calceus Acquisition, Inc. | 1.17% |
| Bdf Acquisition Corp. | 1.17% |
| Nab Holdings LLC | 1.17% |
| Canada Goose, Inc. | 1.16% |
| Adeia, Inc. | 1.15% |
| White Cap Buyer LLC | 1.15% |
PFRNX Portfolio Allocation
Asset-class allocation of PENN Capital Defensive Floating Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 75.7% |
| Fixed Income | 11.2% |
| Cash & Equivalents | 6.9% |
PFRNX Performance
Total returns for PFRNX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.7% |
| 3 years (annualised) | 0.7% |
PFRNX Risk Information
Risk metrics for PFRNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.4%
PFRNX Costs and Fees
PFRNX costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 1.11%
- Portfolio turnover: 49%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PFRNX Cashflows
Over the 12 months to 2022-11, PENN Capital Defensive Floating Rate Income Fund had net inflows of $6.33M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-11 | $715.30K |
| 2022-10 | $730.46K |
| 2022-09 | $882.10K |
| 2022-08 | $157.36K |
| 2022-07 | $187.90K |
| 2022-06 | $996.58K |
PFRNX Debt Constituents
Largest debt holdings of PENN Capital Defensive Floating Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Carnival Corp. | 1.35% |
| International Game Tech | 0.69% |
| Oceaneering Intl, Inc. | 0.67% |
| Univision Communications | 0.65% |
| Matthews International C | 0.64% |
| Starwood Property Trust | 0.62% |
| New Fortress Energy, Inc. | 0.60% |
| Sabre Glbl, Inc. | 0.57% |
| Transdigm, Inc. | 0.56% |
| Xhr LP | 0.54% |
PFRNX Prospectus and SEC Filings
Official PENN Capital Defensive Floating Rate Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-10-29
- Prospectus supplement (497) — filed 2023-01-05
- Prospectus supplement (497) — filed 2020-10-30
- Portfolio holdings (N-PORT) — filed 2022-10-27
- Portfolio holdings (N-PORT) — filed 2022-07-28
- Annual census (N-CEN) — filed 2022-11-14
- Annual census (N-CEN) — filed 2021-11-10
- Annual census (N-CEN) — filed 2021-09-13
Related Funds
Other Short Bank Loans / Floating Rate Bond 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.