PKPIX Performance — PPM Core Plus Fixed Income Fund, Institutional Class
Data updated: 2024-11-26
PKPIX returned +13.17% over one year to Sep 2024. The annualised 3-year return is −1.06%. The fund beat its Long-Term Core Bond category average: $100 invested three years ago grew to $97, against $96 for the category, and to $113 over one year, against $113. Volatility over the past three years was 8.17% a year. In the 12 months to Sep 2024 the fund took in a net $1.6M, and assets reached $37.92M.
PKPIX Growth of $100
What $100 invested in PPM Core Plus Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Core Bond category average over the same months.
| Period | PKPIX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $113 | $113 |
| 3 years (Oct 2021 – Sep 2024) | $97 | $96 |
| Since data start (Jan 2020 – Sep 2024) | $106 | $103 |
PKPIX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +13.17% |
| 3 years (annualised) | −1.06% |
PKPIX Annual Returns
Calendar-year total returns of PPM Core Plus Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | +5.35% |
| 2023 | +7.03% |
| 2022 | −13.91% |
| 2021 | −0.87% |
| 2020 | +9.99% |
PKPIX 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 | −0.1% | −1.3% | +1.1% | −2.4% | +1.8% | +1.0% | +2.2% | +1.5% | +1.5% | — | — | — |
| 2023 | +3.7% | −2.7% | +2.3% | +0.8% | −1.2% | 0.0% | +0.1% | −0.6% | −2.6% | −1.7% | +5.1% | +4.0% |
| 2022 | −2.5% | −1.4% | −2.6% | −4.2% | +0.6% | −2.5% | +3.0% | −2.7% | −4.6% | −0.9% | +3.9% | −0.5% |
| 2021 | −0.5% | −1.3% | −1.1% | +1.0% | +0.4% | +0.8% | +1.1% | −0.1% | −0.8% | −0.2% | −0.1% | +0.1% |
| 2020 | +1.9% | +1.2% | −2.8% | +3.3% | +1.4% | +1.1% | +2.1% | −0.6% | −0.1% | −0.2% | +2.0% | +0.6% |
PKPIX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 8.17%
- 3-year Sharpe ratio: -0.68 (vs 4.5% risk-free rate)
- Best month: +5.05% (Nov 2023)
- Worst month: −4.61% (Sep 2022)
PKPIX Fund Flows
Monthly money in and out of PPM Core Plus Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $1.6M
- 12-month gross sales (incl. reinvestments): $3.0M
- Sales ÷ redemptions: 2.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $134K | $0 | $134K |
| Aug 2024 | $138K | $0 | $138K |
| Jul 2024 | $140K | $0 | $140K |
| Jun 2024 | $135K | $0 | $135K |
| May 2024 | $138K | $0 | $138K |
| Apr 2024 | $133K | $1.4M | −$1.3M |
| Mar 2024 | $1.5M | $0 | $1.5M |
| Feb 2024 | $122K | $0 | $122K |
| Jan 2024 | $128K | $0 | $128K |
| Dec 2023 | $128K | $0 | $128K |
| Nov 2023 | $122K | $0 | $122K |
| Oct 2023 | $121K | $0 | $121K |
PKPIX Assets Under Management
Net assets of PPM Core Plus Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $37.92M |
| 2024-06-30 | $36.01M |
| 2024-03-31 | $37.28M |
| 2023-12-31 | $35.97M |
| 2023-09-30 | $33.51M |
| 2023-06-30 | $34.60M |
| 2023-03-31 | $52.20M |
| 2022-12-31 | $49.21M |
| 2022-09-30 | $48.08M |
| 2022-06-30 | $50.29M |
| 2022-03-31 | $55.90M |
| 2021-12-31 | $57.98M |
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.