PMFIX Performance — PMC Core Fixed Income Fund, Advisor Class
Data updated: 2024-11-14
PMFIX returned +4.20% over one year to Feb 2024. The annualised 3-year return is −2.94%. The fund beat its Long-Term Core Bond category average: $100 invested three years ago grew to $91, against $91 for the category, and to $104 over one year, against $104. Volatility over the past three years was 7.37% a year. In the 12 months to Feb 2024 the fund took in a net $282.4M, and assets reached $288.24M.
PMFIX Growth of $100
What $100 invested in PMC Core 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 | PMFIX | Category average |
|---|---|---|
| 1 year (Mar 2023 – Feb 2024) | $104 | $104 |
| 3 years (Mar 2021 – Feb 2024) | $91 | $91 |
| Since data start (Mar 2020 – Feb 2024) | $95 | $94 |
PMFIX Trailing Returns
Total returns to Feb 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.20% |
| 3 years (annualised) | −2.94% |
PMFIX Annual Returns
Calendar-year total returns of PMC Core Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Feb) | −1.15% |
| 2023 | +6.06% |
| 2022 | −13.63% |
| 2021 | −1.30% |
| 2020 (Mar–Dec) | +6.37% |
PMFIX 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 | 0.0% | −1.1% | — | — | — | — | — | — | — | — | — | — |
| 2023 | +3.1% | −2.4% | +2.2% | +0.5% | −0.9% | −0.1% | +0.1% | −0.7% | −2.5% | −1.7% | +4.8% | +3.7% |
| 2022 | −2.3% | −1.5% | −2.4% | −4.0% | +0.5% | −2.3% | +2.8% | −2.6% | −4.8% | −1.2% | +3.6% | −0.1% |
| 2021 | −0.8% | −1.4% | −0.8% | +0.9% | +0.3% | +0.9% | +0.7% | −0.1% | −0.9% | −0.1% | −0.2% | +0.1% |
| 2020 | — | — | −3.3% | +3.3% | +1.6% | +1.2% | +2.1% | −0.4% | −0.4% | −0.3% | +2.1% | +0.6% |
PMFIX Risk
Risk measures from monthly returns over Mar 2021 – Feb 2024.
- 3-year volatility (annualised): 7.37%
- 3-year Sharpe ratio: -1.01 (vs 4.5% risk-free rate)
- Best month: +4.82% (Nov 2023)
- Worst month: −4.81% (Sep 2022)
PMFIX Fund Flows
Monthly money in and out of PMC Core Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $282.4M
- 12-month gross sales (incl. reinvestments): $78.6M
- Sales ÷ redemptions: -0.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2024 | $922K | −$26.9M | $27.8M |
| Jan 2024 | $1.3M | −$11.0M | $12.3M |
| Dec 2023 | $16.0M | −$55.9M | $71.8M |
| Nov 2023 | $3.8M | −$10.9M | $14.7M |
| Oct 2023 | $3.4M | −$5.7M | $9.1M |
| Sep 2023 | $4.0M | −$5.8M | $9.8M |
| Aug 2023 | $30.5M | −$5.7M | $36.2M |
| Jul 2023 | $2.7M | −$5.1M | $7.8M |
| Jun 2023 | $3.3M | −$6.3M | $9.7M |
| May 2023 | $3.5M | −$60.5M | $64.0M |
| Apr 2023 | $3.9M | −$4.3M | $8.2M |
| Mar 2023 | $5.4M | −$5.7M | $11.1M |
PMFIX Assets Under Management
Net assets of PMC Core Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-02-29 | $288.24M |
| 2023-11-30 | $367.77M |
| 2023-08-31 | $377.08M |
| 2023-05-31 | $359.69M |
| 2023-02-28 | $409.60M |
| 2022-11-30 | $413.76M |
| 2022-08-31 | $432.33M |
| 2022-05-31 | $450.37M |
| 2022-02-28 | $470.78M |
| 2021-11-30 | $485.00M |
| 2021-08-31 | $480.90M |
| 2021-05-31 | $423.76M |
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.