PREOX Performance — Perritt Ultra MicroCap Fund, Investor Class
Data updated: 2024-09-23
PREOX returned +2.74% over one year to Jul 2024. The annualised 3-year return is −4.78%. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $86, against $106 for the category, and to $103 over one year, against $110. Volatility over the past three years was 18.18% a year. In the 12 months to Jul 2024 the fund lost a net $93K, and assets reached $10.27M.
PREOX Growth of $100
What $100 invested in Perritt Ultra MicroCap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | PREOX | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $103 | $110 |
| 3 years (Aug 2021 – Jul 2024) | $86 | $106 |
| Since data start (Feb 2020 – Jul 2024) | $139 | $117 |
PREOX Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.74% |
| 3 years (annualised) | −4.78% |
PREOX Annual Returns
Calendar-year total returns of Perritt Ultra MicroCap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | +4.58% |
| 2023 | +5.01% |
| 2022 | −25.76% |
| 2021 | +47.74% |
| 2020 (Feb–Dec) | +15.55% |
PREOX 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 | −0.5% | +4.1% | +3.6% | −2.6% | −0.2% | −4.5% | +5.1% | — | — | — | — | — |
| 2023 | +11.2% | −2.9% | −4.8% | −4.0% | −0.1% | +5.9% | +2.5% | −7.7% | −6.4% | −1.7% | +9.0% | +6.1% |
| 2022 | −9.0% | −0.3% | −2.1% | −10.6% | −1.1% | −7.0% | +5.3% | +2.9% | −8.3% | +5.7% | +0.9% | −4.0% |
| 2021 | +13.1% | +11.5% | +3.7% | +0.9% | +3.0% | +4.3% | −1.5% | +3.2% | −1.2% | +3.3% | −3.1% | +3.8% |
| 2020 | — | −7.9% | −24.3% | +15.4% | +1.7% | +3.1% | +5.9% | +3.0% | −3.4% | −0.2% | +19.0% | +9.4% |
PREOX Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 18.18%
- 3-year Sharpe ratio: -0.51 (vs 4.5% risk-free rate)
- Best month: +11.20% (Jan 2023)
- Worst month: −10.56% (Apr 2022)
PREOX Fund Flows
Monthly money in and out of Perritt Ultra MicroCap Fund, from SEC Form N-PORT.
- 12-month net flow: −$93K
- 12-month gross sales (incl. reinvestments): $465K
- Sales ÷ redemptions: 0.83×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $17K | $287K | −$271K |
| Jun 2024 | $3K | $202K | −$199K |
| May 2024 | $6K | $219K | −$213K |
| Apr 2024 | $12K | $152K | −$140K |
| Mar 2024 | $8K | $280K | −$272K |
| Feb 2024 | $35K | $52K | −$18K |
| Jan 2024 | $19K | −$190K | $209K |
| Dec 2023 | $48K | −$90K | $138K |
| Nov 2023 | $200K | −$185K | $385K |
| Oct 2023 | $10K | −$45K | $56K |
| Sep 2023 | $50K | −$106K | $156K |
| Aug 2023 | $56K | −$20K | $76K |
PREOX Assets Under Management
Net assets of Perritt Ultra MicroCap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $10.27M |
| 2024-04-30 | $10.96M |
| 2024-01-31 | $10.85M |
| 2023-10-31 | $9.79M |
| 2023-07-31 | $11.59M |
| 2023-04-30 | $11.06M |
| 2023-01-31 | $12.72M |
| 2022-10-31 | $12.09M |
| 2022-07-31 | $12.45M |
| 2022-04-30 | $13.65M |
| 2022-01-31 | $16.91M |
| 2021-10-31 | $22.05M |
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.