PMGRX Performance — Government & High Quality Bond Fund, Class R-1
Data updated: 2026-09-25
PMGRX returned +10.14% over one year to Oct 2024. Annualised returns are −3.19% over 3 years and −1.88% over 5 years. Against its Short-Term Securitized Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $91, against $107 for the category, and to $110 over one year, against $109. Volatility over the past three years was 8.62% a year. In the 12 months to Jul 2026 the fund lost a net $93.8M, and assets reached $521.53M.
PMGRX Growth of $100
What $100 invested in Government & High Quality Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Securitized Bond category average over the same months.
| Period | PMGRX | Category average |
|---|---|---|
| 1 year (Nov 2023 – Oct 2024) | $110 | $109 |
| 3 years (Nov 2021 – Oct 2024) | $91 | $107 |
| 5 years (Nov 2019 – Oct 2024) | $91 | $114 |
| Since data start (Aug 2019 – Oct 2024) | $92 | $115 |
PMGRX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +10.14% |
| 3 years (annualised) | −3.19% |
| 5 years (annualised) | −1.88% |
PMGRX Annual Returns
Calendar-year total returns of Government & High Quality Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +0.33% |
| 2023 | +3.96% |
| 2022 | −12.55% |
| 2021 | −2.38% |
| 2020 | +1.97% |
| 2019 (Aug–Dec) | +1.49% |
PMGRX 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 | −0.6% | −1.7% | +0.9% | −3.1% | +2.0% | +1.1% | +2.6% | +1.6% | +1.0% | −3.3% | — | — |
| 2023 | +3.3% | −2.9% | +2.1% | +0.5% | −1.0% | −0.6% | −0.3% | −1.1% | −3.2% | −2.1% | +5.3% | +4.3% |
| 2022 | −1.5% | −0.8% | −2.8% | −3.3% | +0.9% | −1.6% | +3.0% | −3.5% | −5.1% | −1.5% | +4.0% | −0.7% |
| 2021 | +0.2% | −0.6% | −0.4% | +0.3% | −0.4% | −0.2% | +0.5% | −0.3% | −0.3% | −0.6% | −0.3% | −0.2% |
| 2020 | +0.7% | +1.0% | −1.2% | +1.1% | +0.3% | 0.0% | +0.2% | 0.0% | 0.0% | +0.1% | −0.5% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +1.1% | −0.1% | +0.4% | 0.0% | +0.2% |
PMGRX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2024.
- 3-year volatility (annualised): 8.62%
- 3-year Sharpe ratio: -0.89 (vs 4.5% risk-free rate)
- Best month: +5.28% (Nov 2023)
- Worst month: −5.14% (Sep 2022)
PMGRX Fund Flows
Monthly money in and out of Government & High Quality Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$93.8M
- 12-month gross sales (incl. reinvestments): $90.5M
- Sales ÷ redemptions: 0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $6.0M | $28.4M | −$22.4M |
| Jun 2026 | $5.3M | $26.1M | −$20.8M |
| May 2026 | $5.7M | $9.8M | −$4.2M |
| Apr 2026 | $6.2M | $9.9M | −$3.7M |
| Mar 2026 | $20.1M | $24.0M | −$3.9M |
| Feb 2026 | $5.7M | $25.0M | −$19.2M |
| Jan 2026 | $7.2M | $9.4M | −$2.2M |
| Dec 2025 | $6.2M | $9.7M | −$3.5M |
| Nov 2025 | $6.9M | $11.6M | −$4.7M |
| Oct 2025 | $8.4M | $9.7M | −$1.3M |
| Sep 2025 | $6.5M | $10.6M | −$4.1M |
| Aug 2025 | $6.4M | $10.0M | −$3.6M |
PMGRX Assets Under Management
Net assets of Government & High Quality Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $521.53M |
| 2026-04-30 | $580.57M |
| 2026-01-31 | $613.57M |
| 2025-10-31 | $623.04M |
| 2025-07-31 | $616.65M |
| 2025-04-30 | $643.38M |
| 2025-01-31 | $641.93M |
| 2024-10-31 | $663.58M |
| 2024-07-31 | $687.00M |
| 2024-04-30 | $638.29M |
| 2024-01-31 | $670.96M |
| 2023-10-31 | $621.22M |
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.