PVCMX Performance — Palm Valley Capital Fund, Investor Class
Data updated: 2026-08-25
PVCMX returned +2.56% year to date and +5.65% over one year to Jun 2026. Annualised returns are +5.30% over 3 years and +4.53% over 5 years. Against its Ultrashort Government Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $117, against $120 for the category, and to $106 over one year, against $101. Volatility over the past three years was 2.96% a year. In the 12 months to Jun 2026 the fund lost a net $18.6M, and assets reached $215.21M.
PVCMX Growth of $100
What $100 invested in Palm Valley Capital Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | PVCMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $101 |
| 3 years (Jul 2023 – Jun 2026) | $117 | $120 |
| 5 years (Jul 2021 – Jun 2026) | $125 | $113 |
| Since data start (Jan 2020 – Jun 2026) | $156 | $132 |
PVCMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.56% |
| 1 year | +5.65% |
| 3 years (annualised) | +5.30% |
| 5 years (annualised) | +4.53% |
PVCMX Annual Returns
Calendar-year total returns of Palm Valley Capital Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.56% |
| 2025 | +4.45% |
| 2024 | +4.21% |
| 2023 | +9.48% |
| 2022 | +3.17% |
| 2021 | +3.72% |
| 2020 | +19.13% |
PVCMX 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 | +2.1% | −0.4% | −0.9% | +1.5% | +0.2% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.7% | −0.7% | +0.6% | −1.1% | +1.3% | +0.7% | −0.1% | +2.0% | +0.4% | −1.2% | +0.5% | +1.4% |
| 2024 | −0.3% | +0.2% | +1.1% | −0.1% | +0.7% | +0.2% | +1.3% | +0.4% | +0.8% | −0.1% | +0.4% | −0.4% |
| 2023 | +1.5% | −1.0% | +2.5% | −0.2% | +0.6% | +1.2% | +1.0% | +0.5% | −0.9% | +0.6% | +1.8% | +1.6% |
| 2022 | +0.1% | +1.2% | +0.7% | −0.2% | +0.5% | −1.0% | +0.2% | −1.2% | −0.8% | +1.2% | +2.2% | +0.5% |
| 2021 | +0.3% | +3.3% | 0.0% | +0.7% | +1.1% | −0.7% | +0.2% | −0.6% | −0.7% | +0.6% | −0.8% | +0.3% |
| 2020 | −0.8% | −0.2% | +1.8% | +7.8% | +0.6% | +2.1% | +0.5% | +2.3% | −1.9% | −0.3% | +5.0% | +1.0% |
PVCMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.96%
- 3-year Sharpe ratio: 0.27 (vs 4.5% risk-free rate)
- Best month: +2.06% (Jan 2026)
- Worst month: −1.19% (Oct 2025)
PVCMX Fund Flows
Monthly money in and out of Palm Valley Capital Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.6M
- 12-month gross sales (incl. reinvestments): $61.5M
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.8M | $4.1M | −$1.3M |
| May 2026 | $9.1M | $17.3M | −$8.1M |
| Apr 2026 | $4.8M | $5.8M | −$950K |
| Mar 2026 | $8.0M | $5.2M | $2.8M |
| Feb 2026 | $4.4M | $6.0M | −$1.6M |
| Jan 2026 | $3.9M | $7.8M | −$3.8M |
| Dec 2025 | $13.8M | $5.9M | $7.8M |
| Nov 2025 | $1.8M | $4.7M | −$2.8M |
| Oct 2025 | $3.2M | $7.4M | −$4.2M |
| Sep 2025 | $2.2M | $6.3M | −$4.1M |
| Aug 2025 | $3.9M | $3.7M | $151K |
| Jul 2025 | $3.5M | $5.8M | −$2.3M |
PVCMX Assets Under Management
Net assets of Palm Valley Capital Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $215.21M |
| 2026-03-31 | $221.54M |
| 2025-12-31 | $222.52M |
| 2025-09-30 | $230.66M |
| 2025-06-30 | $231.60M |
| 2025-03-31 | $249.42M |
| 2024-12-31 | $253.83M |
| 2024-09-30 | $291.68M |
| 2024-06-30 | $270.33M |
| 2024-03-31 | $267.34M |
| 2023-12-31 | $245.30M |
| 2023-09-30 | $225.18M |
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.