VFPIX Performance — Private Capital Management Value Fund, Class I
Data updated: 2026-09-22
VFPIX returned +10.75% year to date and +17.86% over one year to Jul 2026. Annualised returns are +14.06% over 3 years and +10.50% over 5 years. Against its US Small Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $148, against $147 for the category, and to $118 over one year, against $131. Volatility over the past three years was 18.47% a year. In the 12 months to Jul 2026 the fund lost a net $4.6M, and assets reached $72.67M.
VFPIX Growth of $100
What $100 invested in Private Capital Management Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | VFPIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $118 | $131 |
| 3 years (Aug 2023 – Jul 2026) | $148 | $147 |
| 5 years (Aug 2021 – Jul 2026) | $165 | $154 |
| Since data start (Feb 2020 – Jul 2026) | $253 | $212 |
VFPIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.75% |
| 1 year | +17.86% |
| 3 years (annualised) | +14.06% |
| 5 years (annualised) | +10.50% |
VFPIX Annual Returns
Calendar-year total returns of Private Capital Management Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.75% |
| 2025 | −0.09% |
| 2024 | +31.32% |
| 2023 | +7.10% |
| 2022 | −1.19% |
| 2021 | +36.29% |
| 2020 (Feb–Dec) | +20.87% |
VFPIX 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 | −0.8% | −2.3% | −4.5% | +11.4% | −1.0% | +8.4% | +0.1% | — | — | — | — | — |
| 2025 | +1.3% | −4.9% | −5.7% | −0.8% | −0.3% | +3.1% | +1.3% | +5.0% | +2.4% | −4.2% | +0.7% | +2.7% |
| 2024 | −5.4% | +5.2% | +3.7% | −7.7% | +8.2% | −1.7% | +15.2% | +5.0% | −0.7% | +1.9% | +8.1% | −2.0% |
| 2023 | +8.8% | +2.7% | −2.9% | −4.9% | −6.2% | +3.0% | +5.2% | −1.4% | −4.3% | −5.5% | +4.3% | +9.9% |
| 2022 | −6.2% | +0.8% | +1.8% | −7.1% | +3.5% | −7.6% | +16.2% | −1.6% | −7.3% | +7.3% | +4.3% | −2.6% |
| 2021 | +2.8% | +12.1% | +1.0% | +4.8% | +3.3% | +1.9% | −0.9% | +2.5% | −0.4% | +5.5% | −5.5% | +5.4% |
| 2020 | — | −8.2% | −29.3% | +12.8% | +7.5% | −0.3% | +3.7% | +10.0% | −1.7% | +4.1% | +20.2% | +9.9% |
VFPIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.47%
- 3-year Sharpe ratio: 0.52 (vs 4.5% risk-free rate)
- Best month: +15.19% (Jul 2024)
- Worst month: −7.73% (Apr 2024)
VFPIX Fund Flows
Monthly money in and out of Private Capital Management Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.6M
- 12-month gross sales (incl. reinvestments): $12.0M
- Sales ÷ redemptions: 0.72×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $329K | $454K | −$126K |
| Jun 2026 | $900K | $1.1M | −$176K |
| May 2026 | $453K | $829K | −$377K |
| Apr 2026 | $470K | $1.6M | −$1.2M |
| Mar 2026 | $414K | $4.0M | −$3.6M |
| Feb 2026 | $1.6M | $1.7M | −$108K |
| Jan 2026 | $1.2M | $591K | $652K |
| Dec 2025 | $2.1M | $1.2M | $884K |
| Nov 2025 | $576K | $2.8M | −$2.3M |
| Oct 2025 | $1.1M | $572K | $507K |
| Sep 2025 | $557K | $842K | −$285K |
| Aug 2025 | $2.2M | $726K | $1.5M |
VFPIX Assets Under Management
Net assets of Private Capital Management Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $72.67M |
| 2026-04-30 | $68.36M |
| 2026-01-30 | $70.90M |
| 2025-10-31 | $71.43M |
| 2025-07-31 | $67.69M |
| 2025-04-30 | $65.05M |
| 2025-01-31 | $69.47M |
| 2024-10-31 | $62.95M |
| 2024-07-31 | $65.39M |
| 2024-04-30 | $53.80M |
| 2024-01-31 | $54.89M |
| 2023-10-31 | $53.75M |
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.