PMDEX — PMC Diversified Equity Fund
Data updated: 2024-11-14
PMDEX — PMC Diversified Equity Fund. United States Multi-Cap / All-Cap Blend / Core Equity · $700.06M AUM. Holdings, fees, performance and SEC filings.
PMDEX Fund Overview
PMDEX — PMC Diversified Equity Fund is a US mutual fund managed by Trust For Professional Managers, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Trust For Professional Managers
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $700.06M
- 1-year return: 19.5%
- Ticker: PMDEX
- SEC CIK: 0001141819
- SEC series ID: S000026426
- Share class ID: C000079308
PMDEX Investment Objective and Strategy
PMC Diversified Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Trust For Professional Managers.
Investment objective
The investment objective of the PMC Diversified Equity Fund (the Diversified Equity Fund or the Fund) is long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies and non-U.S. companies with varying market capitalizations. To achieve its investment objective, the Fund will generally invest in common stocks and preferred stocks, convertible securities (specifically, convertible preferred stocks) and other equity securities of U.S. and non-U.S. companies, including when-issued securities. The Fund may invest up to 50% of its net assets in foreign securities, including American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs). The Fund may invest up to 10% of its net assets in the equity securities of companies located in countries considered to have emerging market economies.
In addition to direct investments in equity securities, at any time the Fund may seek to achieve its investment objective by investing in shares of different exchange-traded funds (ETFs) that invest in equity securities. The Adviser is responsible for developing, constructing and monitoring the asset allocation and portfolio strategy for the Fund. The Fund invests in issuers that the Adviser believes offer potential for capital growth. In identifying candidates for investment, the Adviser may consider the issuers likelihood of above average earnings growth, the securities attractive relative valuation, the quality of the securities and whether the issuer has any proprietary advantages. The Fund generally sells securities when the Adviser believes they are fully priced or when significantly more attractive investment candidates become available.
The Fund may invest in companies of any market capitalization and may invest in securities of domestic or foreign issuers. The Fund is designed to maintain a core or blend approach, and the Adviser manages the Funds portfolio of securities in such a way as to mitigate significant growth or value style biases.
PMDEX Holdings
Top 10 holdings of PMC Diversified Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mount Vernon Liquid Assets Portfolio, LLC | 19.02% |
| iShares MSCI EAFE ETF | 2.63% |
| Vanguard FTSE Developed Market | 2.62% |
| Vanguard FTSE All-World ex-US | 2.61% |
| iShares Russell 1000 ETF | 2.59% |
| SPDR S&P 500 ETF Trust | 2.59% |
| Vanguard S&P 500 ETF | 2.59% |
| Vanguard Large-Cap ETF | 2.59% |
| Microsoft Corp | 2.27% |
| First American Government Obli | 1.81% |
PMDEX Portfolio Allocation
Asset-class allocation of PMC Diversified Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 20.8% |
PMDEX Performance
Total returns for PMDEX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 19.5% |
| 3 years (annualised) | 6.5% |
PMDEX Risk Information
Risk metrics for PMDEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.0%
PMDEX Costs and Fees
PMDEX costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 101%
- Brokerage commissions: 8.52 bps of average net assets (SEC N-CEN)
PMDEX Cashflows
Over the 12 months to 2024-02, PMC Diversified Equity Fund had net inflows of $642.31M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-02 | $85.11M |
| 2024-01 | $29.53M |
| 2023-12 | $210.47M |
| 2023-11 | $29.39M |
| 2023-10 | $18.43M |
| 2023-09 | $20.05M |
PMDEX Debt Constituents
No individual debt constituents are reported in PMC Diversified Equity Fund's latest SEC N-PORT filing.
PMDEX Prospectus and SEC Filings
Official PMC Diversified Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-12-20
- Prospectus (485BPOS) — filed 2022-12-20
- Prospectus (485BPOS) — filed 2021-12-17
- Portfolio holdings (N-PORT) — filed 2024-04-24
- Portfolio holdings (N-PORT) — filed 2024-01-26
- Portfolio holdings (N-PORT) — filed 2023-10-24
- Annual census (N-CEN) — filed 2024-11-14
- Annual census (N-CEN) — filed 2023-11-14
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity 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.