PHYVX Performance — Penn Capital Opportunistic High Income Fund, Investor Class
Data updated: 2025-01-29
PHYVX returned +12.62% over one year to Nov 2024. The annualised 3-year return is +3.58%. The fund beat its Intermediate Corporate Bond category average: $100 invested three years ago grew to $111, against $99 for the category, and to $113 over one year, against $109. Volatility over the past three years was 8.42% a year. In the 12 months to Nov 2024 the fund lost a net $18.5M, and assets reached $6.36M. Returns are those of sibling share class PHYNX; this class's own returns are not reported in filings.
PHYVX Growth of $100
What $100 invested in Penn Capital Opportunistic High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | PHYVX | Category average |
|---|---|---|
| 1 year (Dec 2023 – Nov 2024) | $113 | $109 |
| 3 years (Dec 2021 – Nov 2024) | $111 | $99 |
| Since data start (Jan 2020 – Nov 2024) | $120 | $107 |
PHYVX Trailing Returns
Total returns to Nov 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.62% |
| 3 years (annualised) | +3.58% |
PHYVX Annual Returns
Calendar-year total returns of Penn Capital Opportunistic High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Nov) | +8.86% |
| 2023 | +12.47% |
| 2022 | −10.93% |
| 2021 | +5.76% |
| 2020 | +3.82% |
PHYVX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.3% | −0.1% | +1.5% | −1.1% | +0.8% | +0.9% | +2.0% | +1.6% | +2.2% | −0.5% | +1.2% | — |
| 2023 | +3.5% | −1.4% | +1.2% | +0.7% | −1.0% | +1.7% | +1.7% | −0.1% | −1.5% | −1.4% | +5.3% | +3.5% |
| 2022 | −2.4% | −0.9% | −0.9% | −3.4% | −0.9% | −6.6% | +5.5% | −1.3% | −4.1% | +2.8% | +1.8% | −0.5% |
| 2021 | +0.4% | +0.7% | +0.5% | +1.2% | +0.5% | +1.2% | −0.1% | +0.5% | 0.0% | −0.2% | −1.1% | +1.9% |
| 2020 | −0.1% | −1.8% | −13.5% | +3.4% | +3.5% | +0.6% | +4.0% | +1.9% | −0.7% | +0.6% | +4.8% | +2.4% |
PHYVX Risk
Risk measures from monthly returns over Dec 2021 – Nov 2024.
- 3-year volatility (annualised): 8.42%
- 3-year Sharpe ratio: -0.11 (vs 4.5% risk-free rate)
- Best month: +5.46% (Jul 2022)
- Worst month: −6.60% (Jun 2022)
PHYVX Fund Flows
Monthly money in and out of Penn Capital Opportunistic High Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.5M
- 12-month gross sales (incl. reinvestments): $9.8M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2024 | $82K | $83K | −$830 |
| Oct 2024 | $713 | $23K | −$22K |
| Sep 2024 | $224K | $13.6M | −$13.4M |
| Aug 2024 | $604K | $13.6M | −$13.0M |
| Jul 2024 | $179K | $170K | $8K |
| Jun 2024 | $207K | $1.2M | −$987K |
| May 2024 | $195K | $181K | $14K |
| Apr 2024 | $198K | $249K | −$50K |
| Mar 2024 | $184K | $435K | −$252K |
| Feb 2024 | $308K | −$386K | $695K |
| Jan 2024 | $7.3M | −$42K | $7.3M |
| Dec 2023 | $319K | −$733K | $1.1M |
PHYVX Assets Under Management
Net assets of Penn Capital Opportunistic High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-11-30 | $6.36M |
| 2024-08-31 | $19.67M |
| 2024-05-31 | $32.83M |
| 2024-02-29 | $33.36M |
| 2023-11-30 | $26.12M |
| 2023-08-31 | $25.59M |
| 2023-05-31 | $24.42M |
| 2023-02-28 | $25.68M |
| 2022-11-30 | $17.85M |
| 2022-08-31 | $17.94M |
| 2022-05-31 | $18.61M |
| 2022-02-28 | $19.91M |
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.