PPSFX Performance — LargeCap Value Fund III, Class R-3
Data updated: 2026-09-25
PPSFX returned +14.87% year to date and +21.84% over one year to Jul 2026. Annualised returns are +13.84% over 3 years and +9.68% over 5 years. The fund trailed its US Large Value category average: $100 invested three years ago grew to $148, against $156 for the category, and to $122 over one year, against $122. Volatility over the past three years was 11.49% a year. In the 12 months to Jul 2026 the fund lost a net $1.2B, and assets reached $2.31B.
PPSFX Growth of $100
What $100 invested in LargeCap Value Fund III grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | PPSFX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $148 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $159 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $203 | $226 |
PPSFX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.87% |
| 1 year | +21.84% |
| 3 years (annualised) | +13.84% |
| 5 years (annualised) | +9.68% |
PPSFX Annual Returns
Calendar-year total returns of LargeCap Value Fund III, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.87% |
| 2025 | +10.34% |
| 2024 | +13.85% |
| 2023 | +9.37% |
| 2022 | −5.61% |
| 2021 | +23.64% |
| 2020 | +2.70% |
| 2019 (Aug–Dec) | +7.48% |
PPSFX 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 | +2.4% | +2.8% | −5.2% | +6.9% | +1.6% | +1.5% | +4.4% | — | — | — | — | — |
| 2025 | +3.8% | −0.3% | −3.7% | −3.3% | +3.0% | +4.1% | +0.7% | +3.0% | +0.7% | 0.0% | +1.6% | +0.7% |
| 2024 | +0.5% | +3.3% | +4.6% | −3.8% | +2.9% | −0.5% | +3.8% | +2.2% | +1.7% | −0.5% | +5.7% | −6.1% |
| 2023 | +4.0% | −4.0% | −1.3% | +2.1% | −3.7% | +6.4% | +3.7% | −2.5% | −3.6% | −2.5% | +6.7% | +4.7% |
| 2022 | −2.0% | −1.0% | +2.4% | −5.7% | +2.8% | −8.3% | +6.2% | −2.2% | −8.4% | +10.8% | +5.7% | −4.0% |
| 2021 | −1.4% | +5.8% | +5.9% | +4.2% | +1.8% | −1.1% | +0.2% | +1.7% | −3.2% | +6.1% | −3.9% | +6.1% |
| 2020 | −2.6% | −9.6% | −17.2% | +11.3% | +4.5% | −0.7% | +3.6% | +3.8% | −2.4% | −1.2% | +13.3% | +3.7% |
| 2019 | — | — | — | — | — | — | — | −1.1% | +2.6% | +0.9% | +3.3% | +1.6% |
PPSFX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.49%
- 3-year Sharpe ratio: 0.81 (vs 4.5% risk-free rate)
- Best month: +6.93% (Apr 2026)
- Worst month: −6.13% (Dec 2024)
PPSFX Fund Flows
Monthly money in and out of LargeCap Value Fund III, from SEC Form N-PORT.
- 12-month net flow: −$1.2B
- 12-month gross sales (incl. reinvestments): $564.0M
- Sales ÷ redemptions: 0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $7.3M | $51.7M | −$44.4M |
| Jun 2026 | $13.0M | $68.5M | −$55.6M |
| May 2026 | $24.3M | $37.8M | −$13.5M |
| Apr 2026 | $5.4M | $108.4M | −$103.0M |
| Mar 2026 | $9.1M | $118.9M | −$109.8M |
| Feb 2026 | $9.5M | $31.3M | −$21.8M |
| Jan 2026 | $8.2M | $103.1M | −$94.9M |
| Dec 2025 | $446.4M | $336.0M | $110.5M |
| Nov 2025 | $8.5M | $172.5M | −$164.0M |
| Oct 2025 | $9.1M | $529.0M | −$519.8M |
| Sep 2025 | $11.8M | $183.0M | −$171.2M |
| Aug 2025 | $11.5M | $54.2M | −$42.7M |
PPSFX Assets Under Management
Net assets of LargeCap Value Fund III by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.31B |
| 2026-04-30 | $2.26B |
| 2026-01-31 | $2.40B |
| 2025-10-31 | $2.87B |
| 2025-07-31 | $3.47B |
| 2025-04-30 | $3.48B |
| 2025-01-31 | $3.77B |
| 2024-10-31 | $3.79B |
| 2024-07-31 | $3.74B |
| 2024-04-30 | $3.35B |
| 2024-01-31 | $3.03B |
| 2023-10-31 | $2.65B |
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.