PMUBX Performance — Penn Mutual AM Strategic Income Fund, I Shares
Data updated: 2025-11-25
PMUBX returned +4.81% over one year to Sep 2025. Annualised returns are +7.63% over 3 years and +4.24% over 5 years. Against its Short-Term Securitized Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $125, against $121 for the category, and to $105 over one year, against $105. Volatility over the past three years was 2.36% a year. In the 12 months to Sep 2025 the fund took in a net $7.6M, and assets reached $171.70M.
PMUBX Growth of $100
What $100 invested in Penn Mutual AM Strategic Income 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 | PMUBX | Category average |
|---|---|---|
| 1 year (Oct 2024 – Sep 2025) | $105 | $105 |
| 3 years (Oct 2022 – Sep 2025) | $125 | $121 |
| 5 years (Oct 2020 – Sep 2025) | $123 | $118 |
| Since data start (Jan 2020 – Sep 2025) | $126 | $120 |
PMUBX Trailing Returns
Total returns to Sep 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.81% |
| 3 years (annualised) | +7.63% |
| 5 years (annualised) | +4.24% |
PMUBX Annual Returns
Calendar-year total returns of Penn Mutual AM Strategic Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Sep) | +4.83% |
| 2024 | +6.42% |
| 2023 | +9.73% |
| 2022 | −3.79% |
| 2021 | +2.36% |
| 2020 | +4.89% |
PMUBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.1% | +0.9% | +0.6% | +1.0% | +0.4% | +0.2% | +0.6% | +0.7% | +0.3% | — | — | — |
| 2024 | +0.8% | −0.1% | +0.8% | +0.6% | +1.0% | −0.1% | +1.0% | +0.8% | +1.3% | 0.0% | +0.7% | −0.6% |
| 2023 | +0.8% | −0.5% | +2.6% | +0.4% | −0.3% | +0.8% | +0.2% | +0.4% | +1.0% | +1.8% | +2.0% | +0.2% |
| 2022 | −0.6% | −0.5% | −1.2% | −1.5% | +0.1% | −1.4% | −1.5% | −0.8% | +1.8% | 0.0% | +1.6% | +0.2% |
| 2021 | +0.5% | +0.1% | +0.6% | +0.4% | +0.4% | +0.1% | +0.2% | 0.0% | +0.1% | +0.5% | −0.5% | −0.1% |
| 2020 | −5.1% | −0.1% | +0.6% | +1.5% | +1.7% | +2.2% | +0.1% | +0.9% | +1.1% | +0.7% | +1.3% | +0.2% |
PMUBX Risk
Risk measures from monthly returns over Oct 2022 – Sep 2025.
- 3-year volatility (annualised): 2.36%
- 3-year Sharpe ratio: 1.33 (vs 4.5% risk-free rate)
- Best month: +2.60% (Mar 2023)
- Worst month: −0.64% (Dec 2024)
PMUBX Fund Flows
Monthly money in and out of Penn Mutual AM Strategic Income Fund, from SEC Form N-PORT.
- 12-month net flow: $7.6M
- 12-month gross sales (incl. reinvestments): $8.0M
- Sales ÷ redemptions: 19.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2025 | $635K | $2K | $634K |
| Aug 2025 | $555K | $115K | $440K |
| Jul 2025 | $608K | $244K | $364K |
| Jun 2025 | $822K | $1K | $820K |
| May 2025 | $597K | $1K | $595K |
| Apr 2025 | $622K | $1K | $621K |
| Mar 2025 | $601K | $1K | $599K |
| Feb 2025 | $818K | $31K | $787K |
| Jan 2025 | $668K | $1K | $667K |
| Dec 2024 | $667K | $2K | $665K |
| Nov 2024 | $556K | $1K | $555K |
| Oct 2024 | $809K | $2K | $807K |
PMUBX Assets Under Management
Net assets of Penn Mutual AM Strategic Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-09-30 | $171.70M |
| 2025-06-30 | $169.43M |
| 2025-03-31 | $166.71M |
| 2024-12-31 | $163.72M |
| 2024-09-30 | $163.73M |
| 2024-06-30 | $124.58M |
| 2024-03-31 | $122.66M |
| 2023-12-31 | $120.43M |
| 2023-09-30 | $115.68M |
| 2023-06-30 | $113.91M |
| 2023-03-31 | $112.87M |
| 2022-12-31 | $109.54M |
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.