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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.80

$10 M

0.00%

3.04%

Vitals

YTD Return

6.9%

1 yr return

8.9%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

5.0%

Net Assets

$10 M

Holdings in Top 10

36.7%

52 WEEK LOW AND HIGH

$16.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.04%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 25.70%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.80

$10 M

0.00%

3.04%

PREOX - Profile

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return 5.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Perritt Ultra MicroCap Fund
  • Fund Family Name
    Perritt Funds, Inc.
  • Inception Date
    Feb 08, 2005
  • Shares Outstanding
    795673
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Corbett

Fund Description

The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of United States companies with market capitalizations that are below $300 million at the time of initial purchase, which the Fund’s investment adviser refers to as “micro-cap” companies. The micro-cap companies in which the Fund may invest include “early stage” micro-cap companies, which are companies that are in a relatively early stage of development with market capitalizations that are below $50 million.
Micro-cap companies represent the smallest sector of public companies based on market capitalization. Normally, the micro-cap companies in which the Fund invests are in their earliest stages of public development and may offer unique products, services or technologies or may serve special or rapidly expanding niches.
The Fund’s investment adviser uses a “bottom-up” approach of fundamental analysis to look for individual companies that the adviser believes offer significant potential for stock price appreciation. In addition, the adviser seeks to invest in companies with the following attributes:
Have a high percentage of their shares owned by company management;
Possess relatively low levels of long-term debt;
Have a potential for above-average growth in revenues and/or earnings; and
Possess reasonable valuations based on the ratios of price-to-sales, price-to-earnings, and price-to-book values.
At times, the Fund’s portfolio may contain the shares of unseasoned companies, companies that are undergoing corporate restructuring, initial public offerings, and companies believed to possess undervalued assets.
Although the Fund seeks long-term capital appreciation, stocks may be sold in the short-term for several reasons. These include: (1) a company’s size has expanded beyond the point where it can no longer be considered a small capitalization company; (2) a company’s financial condition deteriorates to the point that, in the opinion of the Fund’s investment adviser, the company’s future growth prospects are impaired; (3) a company’s valuation multiples such as price-to-sales ratio, price-to-earnings ratio, or price-to-book value ratio expand to the point that the Fund’s investment adviser believes the company’s stock is significantly overvalued; or (4) the Fund’s investment adviser believes that another stock has better investment potential.
The Ultra MicroCap Fund is intended for investors who are willing to withstand the risk of short-term price fluctuations in exchange for potential long-term capital appreciation.
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PREOX - Performance

Return Ranking - Trailing

Period PREOX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -5.1% 23.8% 7.57%
1 Yr 8.9% -12.5% 56.1% 95.32%
3 Yr -2.8%* -8.5% 41.4% 94.67%
5 Yr 5.0%* -13.7% 32.2% 93.32%
10 Yr 4.1%* -3.0% 17.2% 95.97%

* Annualized

Return Ranking - Calendar

Period PREOX Return Category Return Low Category Return High Rank in Category (%)
2023 2.9% -49.6% 29.0% 90.84%
2022 -26.6% -59.3% 118.2% 84.50%
2021 38.5% -31.6% 39.3% 0.92%
2020 16.9% -51.0% 39.5% 19.74%
2019 1.9% -16.9% 37.8% 96.67%

Total Return Ranking - Trailing

Period PREOX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -5.1% 23.8% 7.57%
1 Yr 8.9% -12.5% 56.1% 95.32%
3 Yr -2.8%* -8.5% 41.4% 94.67%
5 Yr 5.0%* -13.7% 32.2% 93.32%
10 Yr 4.1%* -3.0% 17.2% 95.97%

* Annualized

Total Return Ranking - Calendar

Period PREOX Return Category Return Low Category Return High Rank in Category (%)
2023 2.9% -21.7% 31.8% 97.31%
2022 -25.8% -45.2% 123.7% 98.56%
2021 47.7% 0.0% 47.7% 0.18%
2020 16.9% -50.5% 46.9% 33.46%
2019 2.1% -12.6% 43.7% 99.02%

NAV & Total Return History


PREOX - Holdings

Concentration Analysis

PREOX Category Low Category High PREOX % Rank
Net Assets 10 M 480 K 118 B 98.25%
Number of Holdings 76 2 2519 80.35%
Net Assets in Top 10 3.59 M 104 K 9.83 B 97.89%
Weighting of Top 10 36.67% -2849.0% 100.5% 9.33%

Top 10 Holdings

  1. U.S. Bank Money Market Deposit Account 9.26%
  2. DLH Holdings Corp 4.75%
  3. First American Government Obligations Fund 3.87%
  4. PCTEL Inc 3.36%
  5. PF Industries Inc 3.25%
  6. Quest Resource Holding Corp 2.64%
  7. Northern Technologies International Corp 2.55%
  8. A-Mark Precious Metals Inc 2.49%
  9. Taylor Devices Inc 2.33%
  10. Gencor Industries Inc 2.18%

Asset Allocation

Weighting Return Low Return High PREOX % Rank
Stocks
90.09% -565235.00% 107.11% 95.96%
Cash
13.12% 0.00% 565934.00% 4.91%
Other
0.04% -598.74% 82.28% 30.00%
Preferred Stocks
0.00% 0.00% 7.53% 87.02%
Convertible Bonds
0.00% 0.00% 3.17% 86.99%
Bonds
0.00% -2.00% 74.53% 87.19%

Stock Sector Breakdown

Weighting Return Low Return High PREOX % Rank
Industrials
27.80% 2.46% 37.42% 7.09%
Technology
25.25% 0.00% 54.70% 3.19%
Healthcare
16.64% 0.00% 26.53% 9.57%
Consumer Cyclical
9.09% 0.99% 47.79% 78.55%
Real Estate
5.09% 0.00% 29.43% 72.16%
Financial Services
4.49% 0.00% 35.52% 99.29%
Utilities
2.84% 0.00% 18.58% 40.25%
Basic Materials
2.65% 0.00% 18.66% 90.96%
Consumer Defense
2.57% 0.00% 18.87% 81.21%
Communication Services
2.35% 0.00% 14.85% 57.45%
Energy
1.23% 0.00% 37.72% 88.83%

Stock Geographic Breakdown

Weighting Return Low Return High PREOX % Rank
US
90.09% -565235.00% 107.11% 94.74%
Non US
0.00% 0.00% 94.14% 88.77%

PREOX - Expenses

Operational Fees

PREOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.04% 0.01% 38.45% 2.47%
Management Fee 1.25% 0.00% 1.50% 99.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

PREOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PREOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 60.38%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PREOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.70% 1.00% 314.00% 25.05%

PREOX - Distributions

Dividend Yield Analysis

PREOX Category Low Category High PREOX % Rank
Dividend Yield 0.00% 0.00% 42.10% 98.60%

Dividend Distribution Analysis

PREOX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

PREOX Category Low Category High PREOX % Rank
Net Income Ratio -1.85% -2.40% 2.49% 99.65%

Capital Gain Distribution Analysis

PREOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

PREOX - Fund Manager Analysis

Managers

Michael Corbett


Start Date

Tenure

Tenure Rank

Aug 30, 2004

17.76

17.8%

Mr. Corbett joined Perritt Capital Management, Inc. in 1990 as a research analyst and is currently President of Perritt Capital Management, Inc. Mr. Corbett obtained a B.S. degree from DePaul University.

Matthew Brackmann


Start Date

Tenure

Tenure Rank

Feb 28, 2014

8.26

8.3%

Matthew Brackmann joined Perritt Capital Management, Inc as a research analyst in 2004, and was named Director of Trading in 2012. Mr. Brackmann received his B.A. in Finance from the University of Iowa in 2004 and is a Level 3 CFA Charter candidate.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.05 2.58