PFRNX Performance — Penn Capital Floating Rate Income Fund, Institutional Class
Data updated: 2023-02-03
PFRNX returned −0.67% over one year to Nov 2022. Over one year the fund beat its Bank Loan category average: $100 grew to $99, against $99 for the category. Volatility over the past 12 months was 5.37% a year. In the 12 months to Nov 2022 the fund took in a net $6.3M, and assets reached $28.92M.
PFRNX Growth of $100
What $100 invested in Penn Capital Floating Rate Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Bank Loan category average over the same months.
| Period | PFRNX | Category average |
|---|---|---|
| 1 year (Dec 2021 – Nov 2022) | $99 | $99 |
| Since data start (Jan 2020 – Nov 2022) | $102 | $104 |
PFRNX Trailing Returns
Total returns to Nov 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.67% |
| 3 years (annualised) | +0.73% |
PFRNX Annual Returns
Calendar-year total returns of Penn Capital Floating Rate Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Nov) | −1.53% |
| 2021 | +3.11% |
| 2020 | +0.60% |
PFRNX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −0.1% | −0.7% | −0.2% | −0.2% | −2.2% | −2.5% | +2.4% | +1.2% | −1.9% | +1.4% | +1.3% | — |
| 2021 | +0.7% | +0.3% | −0.2% | +0.4% | +0.6% | +0.2% | −0.1% | +0.4% | +0.2% | +0.2% | −0.5% | +0.9% |
| 2020 | +0.2% | −1.3% | −10.4% | +4.0% | +2.5% | +0.5% | +1.9% | +1.0% | +0.1% | +0.2% | +1.5% | +1.0% |
PFRNX Risk
Risk measures from monthly returns over Dec 2021 – Nov 2022.
- 1-year volatility (annualised): 5.37%
- Best month: +2.35% (Jul 2022)
- Worst month: −2.45% (Jun 2022)
PFRNX Fund Flows
Monthly money in and out of Penn Capital Floating Rate Income Fund, from SEC Form N-PORT.
- 12-month net flow: $6.3M
- 12-month gross sales (incl. reinvestments): $2.1M
- Sales ÷ redemptions: -0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2022 | $353 | −$715K | $715K |
| Oct 2022 | $165K | −$566K | $730K |
| Sep 2022 | $104K | −$778K | $882K |
| Aug 2022 | $63K | −$95K | $157K |
| Jul 2022 | $71K | −$117K | $188K |
| Jun 2022 | $409 | −$996K | $997K |
| May 2022 | $144K | −$35K | $179K |
| Apr 2022 | $67K | −$87K | $154K |
| Mar 2022 | $3K | −$306K | $308K |
| Feb 2022 | $60K | −$13K | $74K |
| Jan 2022 | $1.3M | −$28K | $1.3M |
| Dec 2021 | $95K | −$512K | $607K |
PFRNX Assets Under Management
Net assets of Penn Capital Floating Rate Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-11-30 | $28.92M |
| 2022-08-31 | $30.96M |
| 2022-05-31 | $32.11M |
| 2022-02-28 | $33.48M |
| 2021-11-30 | $32.82M |
| 2021-08-31 | $31.18M |
| 2021-06-30 | $30.64M |
| 2021-03-31 | $31.94M |
| 2020-12-31 | $33.67M |
| 2020-09-30 | $33.18M |
| 2020-06-30 | $35.40M |
| 2020-03-31 | $39.46M |
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.