PMDAX Performance — Small-MidCap Dividend Income Fund, Class A
Data updated: 2026-07-24
PMDAX returned +11.62% year to date and +24.32% over one year to May 2026. Annualised returns are +17.19% over 3 years and +8.48% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $161, against $154 for the category, and to $124 over one year, against $121. Volatility over the past three years was 17.41% a year. In the 12 months to May 2026 the fund lost a net $358.3M, and assets reached $1.54B.
PMDAX Growth of $100
What $100 invested in Small-MidCap Dividend Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | PMDAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $124 | $121 |
| 3 years (Jun 2023 – May 2026) | $161 | $154 |
| 5 years (Jun 2021 – May 2026) | $150 | $148 |
| Since data start (Sep 2019 – May 2026) | $189 | $211 |
PMDAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.62% |
| 1 year | +24.32% |
| 3 years (annualised) | +17.19% |
| 5 years (annualised) | +8.48% |
PMDAX Annual Returns
Calendar-year total returns of Small-MidCap Dividend Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.62% |
| 2025 | +8.38% |
| 2024 | +10.76% |
| 2023 | +18.53% |
| 2022 | −11.93% |
| 2021 | +30.03% |
| 2020 | −6.58% |
| 2019 (Sep–Dec) | +11.48% |
PMDAX 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 | +8.3% | +2.7% | −6.6% | +8.2% | −0.7% | — | — | — | — | — | — | — |
| 2025 | +3.8% | −2.4% | −4.9% | −3.7% | +4.7% | +3.5% | +1.8% | +4.2% | +0.1% | −1.3% | +2.6% | 0.0% |
| 2024 | −1.5% | +4.4% | +5.3% | −6.1% | +3.1% | −1.5% | +7.5% | +0.1% | +0.9% | −1.0% | +8.7% | −8.2% |
| 2023 | +8.8% | −1.7% | −4.5% | +0.4% | −3.7% | +10.2% | +4.6% | −2.9% | −5.8% | −4.3% | +8.5% | +9.7% |
| 2022 | −4.2% | −0.2% | −0.5% | −6.5% | +3.9% | −8.8% | +10.0% | −4.8% | −9.2% | +9.4% | +5.3% | −4.7% |
| 2021 | +0.6% | +7.3% | +5.3% | +5.3% | +1.1% | −1.9% | +1.0% | +1.1% | −2.1% | +5.9% | −2.1% | +5.6% |
| 2020 | −3.9% | −10.8% | −25.4% | +12.6% | +3.9% | +1.9% | +2.3% | +0.6% | −4.8% | +3.5% | +13.9% | +6.1% |
| 2019 | — | — | — | — | — | — | — | — | +5.3% | +0.7% | +1.9% | +3.1% |
PMDAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.41%
- 3-year Sharpe ratio: 0.73 (vs 4.5% risk-free rate)
- Best month: +10.15% (Jun 2023)
- Worst month: −8.24% (Dec 2024)
PMDAX Fund Flows
Monthly money in and out of Small-MidCap Dividend Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$358.3M
- 12-month gross sales (incl. reinvestments): $298.1M
- Sales ÷ redemptions: 0.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $24.3M | $25.8M | −$1.5M |
| Apr 2026 | $11.3M | $52.6M | −$41.4M |
| Mar 2026 | $22.0M | $166.8M | −$144.9M |
| Feb 2026 | $23.5M | $46.8M | −$23.3M |
| Jan 2026 | $19.4M | $40.6M | −$21.2M |
| Dec 2025 | $41.6M | $26.4M | $15.2M |
| Nov 2025 | $8.5M | $90.0M | −$81.6M |
| Oct 2025 | $96.0M | $35.2M | $60.8M |
| Sep 2025 | $14.2M | $21.0M | −$6.8M |
| Aug 2025 | $10.2M | $34.7M | −$24.5M |
| Jul 2025 | $9.5M | $39.3M | −$29.8M |
| Jun 2025 | $17.6M | $77.0M | −$59.4M |
PMDAX Assets Under Management
Net assets of Small-MidCap Dividend Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.54B |
| 2026-02-28 | $1.73B |
| 2025-11-30 | $1.61B |
| 2025-08-31 | $1.62B |
| 2025-05-31 | $1.59B |
| 2025-02-28 | $1.67B |
| 2024-11-30 | $1.86B |
| 2024-08-31 | $1.49B |
| 2024-05-31 | $1.18B |
| 2024-02-29 | $1.24B |
| 2023-11-30 | $1.24B |
| 2023-08-31 | $1.29B |
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.