PRPHX Performance — Permanent Portfolio, Class C
Data updated: 2026-09-25
PRPHX returned +1.26% year to date and +14.21% over one year to Jul 2026. Annualised returns are +16.30% over 3 years and +9.74% over 5 years. Against its Moderate Allocation category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $157, against $138 for the category, and to $114 over one year, against $115. Volatility over the past three years was 9.05% a year. In the 12 months to Jul 2026 the fund took in a net $1.2B, and assets reached $7.13B.
PRPHX Growth of $100
What $100 invested in Permanent Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | PRPHX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $114 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $157 | $138 |
| 5 years (Aug 2021 – Jul 2026) | $159 | $133 |
| Since data start (Aug 2019 – Jul 2026) | $213 | $168 |
PRPHX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.26% |
| 1 year | +14.21% |
| 3 years (annualised) | +16.30% |
| 5 years (annualised) | +9.74% |
PRPHX Annual Returns
Calendar-year total returns of Permanent Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.26% |
| 2025 | +27.49% |
| 2024 | +18.19% |
| 2023 | +10.83% |
| 2022 | −6.42% |
| 2021 | +9.75% |
| 2020 | +17.69% |
| 2019 (Aug–Dec) | +4.39% |
PRPHX 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 | +4.7% | +5.7% | −5.6% | +1.4% | +0.7% | −5.0% | 0.0% | — | — | — | — | — |
| 2025 | +3.5% | +1.2% | +0.8% | +1.8% | +2.0% | +2.5% | +0.6% | +2.8% | +3.7% | +1.5% | +1.6% | +2.7% |
| 2024 | −0.8% | +1.9% | +4.7% | −0.5% | +3.1% | +1.0% | +2.1% | +1.9% | +3.1% | +1.9% | +3.4% | −4.4% |
| 2023 | +4.2% | −3.8% | +1.9% | 0.0% | −1.3% | +2.3% | +4.3% | −0.8% | −3.1% | +0.1% | +4.2% | +2.9% |
| 2022 | −3.6% | +1.8% | +2.4% | −5.2% | −0.2% | −5.6% | +3.3% | −2.8% | −4.3% | +4.0% | +5.3% | −1.1% |
| 2021 | +0.4% | +2.4% | +1.1% | +3.5% | +2.8% | −1.3% | 0.0% | +0.2% | −3.1% | +2.4% | −0.9% | +2.1% |
| 2020 | +0.4% | −4.0% | −9.5% | +8.9% | +5.0% | +2.5% | +5.9% | +3.2% | −4.2% | −0.2% | +5.7% | +4.3% |
| 2019 | — | — | — | — | — | — | — | +0.5% | −0.7% | +1.2% | +0.9% | +2.5% |
PRPHX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.05%
- 3-year Sharpe ratio: 1.30 (vs 4.5% risk-free rate)
- Best month: +5.70% (Feb 2026)
- Worst month: −5.60% (Mar 2026)
PRPHX Fund Flows
Monthly money in and out of Permanent Portfolio, from SEC Form N-PORT.
- 12-month net flow: $1.2B
- 12-month gross sales (incl. reinvestments): $2.6B
- Sales ÷ redemptions: 1.81×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $118.1M | $230.3M | −$112.2M |
| Jun 2026 | $138.3M | $195.4M | −$57.1M |
| May 2026 | $159.1M | $128.0M | $31.1M |
| Apr 2026 | $199.0M | $111.8M | $87.3M |
| Mar 2026 | $205.6M | $166.5M | $39.1M |
| Feb 2026 | $256.7M | $125.8M | $130.9M |
| Jan 2026 | $306.4M | $114.4M | $191.9M |
| Dec 2025 | $404.2M | $89.3M | $314.8M |
| Nov 2025 | $170.7M | $77.8M | $92.9M |
| Oct 2025 | $238.7M | $81.0M | $157.7M |
| Sep 2025 | $218.9M | $54.8M | $164.0M |
| Aug 2025 | $179.4M | $56.9M | $122.5M |
PRPHX Assets Under Management
Net assets of Permanent Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.13B |
| 2026-04-30 | $7.59B |
| 2026-01-31 | $7.23B |
| 2025-10-31 | $6.24B |
| 2025-07-31 | $5.33B |
| 2025-04-30 | $4.65B |
| 2025-01-31 | $4.02B |
| 2024-10-31 | $3.75B |
| 2024-07-31 | $3.38B |
| 2024-04-30 | $3.11B |
| 2024-01-31 | $2.94B |
| 2023-10-31 | $2.79B |
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.