Provident Trust Strategy Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
22.4%
1 yr return
22.1%
3 Yr Avg Return
3.9%
5 Yr Avg Return
11.9%
Net Assets
$197 M
Holdings in Top 10
83.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PROVX - Profile
Distributions
- YTD Total Return 22.4%
- 3 Yr Annualized Total Return 3.9%
- 5 Yr Annualized Total Return 11.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.24%
- Dividend Yield 0.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameProvident Trust Strategy Fund
-
Fund Family NameProvident
-
Inception DateSep 04, 2012
-
Shares Outstanding11440787
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Schelble
Fund Description
PROVX - Performance
Return Ranking - Trailing
Period | PROVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 22.4% | -5.9% | 58.1% | 92.64% |
1 Yr | 22.1% | -3.8% | 58.7% | 93.82% |
3 Yr | 3.9%* | -24.7% | 27.3% | 90.06% |
5 Yr | 11.9%* | -14.9% | 31.1% | 92.21% |
10 Yr | 12.4%* | -5.6% | 22.1% | 80.03% |
* Annualized
Return Ranking - Calendar
Period | PROVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.3% | -74.1% | 72.4% | 94.80% |
2022 | -35.0% | -85.9% | 4.7% | 55.89% |
2021 | 31.5% | -52.4% | 60.5% | 1.12% |
2020 | 9.5% | -34.3% | 145.0% | 96.02% |
2019 | 20.4% | -6.9% | 49.4% | 75.33% |
Total Return Ranking - Trailing
Period | PROVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 22.4% | -5.9% | 58.1% | 92.64% |
1 Yr | 22.1% | -3.8% | 58.7% | 93.82% |
3 Yr | 3.9%* | -24.7% | 27.3% | 90.06% |
5 Yr | 11.9%* | -14.9% | 31.1% | 92.21% |
10 Yr | 12.4%* | -5.6% | 22.1% | 80.03% |
* Annualized
Total Return Ranking - Calendar
Period | PROVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | -4.6% | 72.4% | 95.80% |
2022 | -22.5% | -61.7% | 5.6% | 16.77% |
2021 | 32.0% | -39.8% | 118.1% | 2.43% |
2020 | 19.5% | 2.8% | 149.2% | 95.15% |
2019 | 25.7% | -5.2% | 49.4% | 95.01% |
NAV & Total Return History
PROVX - Holdings
Concentration Analysis
PROVX | Category Low | Category High | PROVX % Rank | |
---|---|---|---|---|
Net Assets | 197 M | 296 K | 317 B | 80.60% |
Number of Holdings | 17 | 2 | 3061 | 98.46% |
Net Assets in Top 10 | 170 M | 126 K | 150 B | 73.50% |
Weighting of Top 10 | 83.17% | 0.7% | 205.0% | 2.46% |
Top 10 Holdings
- Costco Wholesale Corp 14.36%
- Accenture PLC 10.85%
- First American Treasury Obligations Fund 9.79%
- Alphabet Inc 8.75%
- Alphabet Inc 8.62%
- PNC Financial Services Group Inc/The 8.25%
- Visa Inc 6.84%
- UnitedHealth Group Inc 6.55%
- T Rowe Price Group Inc 4.88%
- Charles Schwab Corp/The 4.28%
Asset Allocation
Weighting | Return Low | Return High | PROVX % Rank | |
---|---|---|---|---|
Stocks | 90.26% | 0.00% | 123.52% | 98.55% |
Cash | 9.79% | 0.00% | 173.52% | 1.45% |
Preferred Stocks | 0.00% | 0.00% | 8.45% | 94.19% |
Other | 0.00% | -36.56% | 42.58% | 92.74% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 94.09% |
Bonds | 0.00% | 0.00% | 102.71% | 94.28% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PROVX % Rank | |
---|---|---|---|---|
Financial Services | 29.67% | 0.00% | 43.06% | 0.73% |
Communication Services | 27.84% | 0.00% | 66.40% | 0.55% |
Healthcare | 11.65% | 0.00% | 39.76% | 59.82% |
Technology | 9.98% | 0.00% | 65.70% | 97.82% |
Consumer Defense | 8.99% | 0.00% | 25.50% | 6.18% |
Consumer Cyclical | 6.71% | 0.00% | 62.57% | 95.45% |
Industrials | 5.16% | 0.00% | 30.65% | 61.82% |
Utilities | 0.00% | 0.00% | 16.07% | 96.09% |
Real Estate | 0.00% | 0.00% | 16.05% | 97.73% |
Energy | 0.00% | 0.00% | 41.09% | 97.18% |
Basic Materials | 0.00% | 0.00% | 18.91% | 98.45% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PROVX % Rank | |
---|---|---|---|---|
US | 90.26% | 0.00% | 123.52% | 94.37% |
Non US | 0.00% | 0.00% | 75.46% | 95.83% |
PROVX - Expenses
Operational Fees
PROVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.01% | 28.71% | 48.27% |
Management Fee | 0.64% | 0.00% | 1.50% | 57.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 84.48% |
Sales Fees
PROVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PROVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
PROVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 316.74% | 0.10% |
PROVX - Distributions
Dividend Yield Analysis
PROVX | Category Low | Category High | PROVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.23% | 0.00% | 27.58% | 11.35% |
Dividend Distribution Analysis
PROVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
PROVX | Category Low | Category High | PROVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.24% | -6.13% | 3.48% | 15.49% |
Capital Gain Distribution Analysis
PROVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2024 | $0.140 | OrdinaryDividend |
Dec 20, 2024 | $1.215 | CapitalGainLongTerm |
Dec 20, 2023 | $0.045 | OrdinaryDividend |
Dec 15, 2023 | $0.201 | OrdinaryDividend |
Dec 15, 2023 | $0.558 | CapitalGainLongTerm |
Dec 16, 2022 | $2.975 | OrdinaryDividend |
Dec 17, 2021 | $0.083 | OrdinaryDividend |
Dec 18, 2020 | $1.641 | OrdinaryDividend |
Dec 13, 2019 | $0.087 | OrdinaryDividend |
Dec 13, 2019 | $0.000 | CapitalGainShortTerm |
Dec 13, 2019 | $0.642 | CapitalGainLongTerm |
Dec 14, 2018 | $0.754 | CapitalGainLongTerm |
Dec 14, 2018 | $0.045 | OrdinaryDividend |
Dec 15, 2017 | $0.208 | CapitalGainLongTerm |
Dec 15, 2017 | $0.018 | OrdinaryDividend |
Dec 16, 2016 | $0.000 | CapitalGainShortTerm |
Dec 16, 2016 | $0.212 | CapitalGainLongTerm |
Dec 16, 2016 | $0.010 | OrdinaryDividend |
Dec 18, 2015 | $0.003 | CapitalGainShortTerm |
Dec 18, 2015 | $0.853 | CapitalGainLongTerm |
Dec 18, 2015 | $0.009 | OrdinaryDividend |
Dec 19, 2014 | $0.006 | CapitalGainShortTerm |
Dec 19, 2014 | $0.888 | CapitalGainLongTerm |
Dec 19, 2014 | $0.013 | OrdinaryDividend |
Dec 20, 2013 | $0.155 | CapitalGainLongTerm |
Dec 28, 2012 | $0.013 | ExtraDividend |
Nov 16, 2012 | $0.232 | CapitalGainLongTerm |
Nov 16, 2012 | $0.015 | OrdinaryDividend |
Dec 29, 2011 | $0.007 | OrdinaryDividend |
PROVX - Fund Manager Analysis
Managers
Michael Schelble
Start Date
Tenure
Tenure Rank
Sep 09, 2002
19.74
19.7%
Michael A. Schelble, CFA, has been employed by Provident Trust Company, or its immediate predecessor, as its President and Chief Operating Officer. Prior to joining Provident Trust Company, Mr. Schelble was Vice President and Portfolio Manager for FIRMCO, which he joined in 1994, where he was responsible for managing certain taxable and tax-exempt individually managed accounts. Prior to joining FIRMCO, Mr. Schelble worked as a Trust Officer with Firstar Trust Company since 1993. Mr. Schelble is a graduate of Williams College, the University of Wisconsin-School of Business and the University of Wisconsin Law School. Mr. Schelble is a member of the CFA Society of Milwaukee, the CFA Institute* and the State Bar of Wisconsin. Mr. Schelble was born in 1966 and has over twenty-five years of investment and trust experience.
J. Scott Harkness
Start Date
Tenure
Tenure Rank
Sep 09, 2002
19.74
19.7%
J. Scott Harkness, CFA, has been employed by Provident Trust Company, or its immediate predecessor, as its Chairman and Chief Executive Officer. Prior to founding Provident Trust Company, Mr. Harkness was Chairman of Firstar Investment Research and Management Company (“FIRMCO”), where he served as Chief Investment Officer since its incorporation in 1986. He was responsible for overall investment direction, investment policy and management of certain individually-managed accounts. Prior to assuming his role at FIRMCO, Mr. Harkness was a Senior Vice President and Chief Investment Officer for Firstar Bank Madison (formerly First Wisconsin National Bank of Madison) where he had been employed since 1980. Mr. Harkness managed the Firstar Special Growth Fund and the Firstar Special Equity Growth Fund B since 1989 and 1981, respectively, until his departure in 1998. Mr. Harkness is a graduate of the University of Wisconsin – Madison and is a director of Jacobus Energy, Inc. Mr. Harkness is a member of the CFA Society of Milwaukee and the CFA Institute*. Mr. Harkness was born in 1955 and has over forty years of investment experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.25 | 3.08 |