PRPFX: Permanent Portfolio Permanent I

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PRPFX Permanent Portfolio Permanent I


Profile

PRPFX - Profile

Vitals

  • YTD Return 10.7%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $2.16 B
  • Holdings in Top 10 46.0%

52 WEEK LOW AND HIGH

$45.11
$33.16
$45.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.26%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 10.7%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Permanent Portfolio Permanent Portfolio®
  • Fund Family Name
    Permanent Portfolio
  • Inception Date
    Dec 01, 1982
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Cuggino

Fund Description

The fund allocates its assets as follows: 20% of its assets in gold, 5% of its assets in silver, 10% of its assets in swiss franc assets, 15% of its assets in stocks of real estate and natural resource stocks, 15% of its assets in aggressive growth stocks, and 35% of its assets in dollar assets. It is non-diversified.


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Categories

Performance

PRPFX - Performance

Return Ranking - Trailing

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -51.8% 934.5% 3.35%
1 Yr 11.2% -56.2% 826.5% 6.22%
3 Yr 3.2%* -24.4% 75.6% 17.28%
5 Yr 3.5%* -43.7% 24.0% 19.78%
10 Yr 0.7%* -39.1% 17.3% 80.05%

* Annualized

Return Ranking - Calendar

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -50.4% 46.8% 32.58%
2018 -12.9% -31.8% 19.0% 76.20%
2017 9.0% -44.7% 46.3% 21.59%
2016 9.3% -84.5% 219.0% 11.29%
2015 -12.7% -45.5% 14.6% 92.58%

Total Return Ranking - Trailing

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -51.8% 934.5% 3.35%
1 Yr 11.2% -56.2% 826.5% 6.22%
3 Yr 3.2%* -24.4% 75.6% 36.38%
5 Yr 3.5%* -43.7% 29.7% 52.69%
10 Yr 0.7%* -39.1% 18.3% 90.29%

* Annualized

Total Return Ranking - Calendar

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -50.4% 46.8% 32.58%
2018 -12.9% -31.5% 19.0% 86.32%
2017 9.0% -44.7% 46.3% 56.68%
2016 9.3% -84.5% 242.1% 19.59%
2015 -12.7% -45.5% 14.6% 93.93%

NAV & Total Return History


Holdings

PRPFX - Holdings

Concentration Analysis

PRPFX Category Low Category High PRPFX % Rank
Net Assets 2.16 B 100 K 110 B 15.51%
Number of Holdings 173 2 2284 48.25%
Net Assets in Top 10 982 M 146 K 25.2 B 13.13%
Weighting of Top 10 45.96% 11.4% 100.0% 46.46%

Top 10 Holdings

  1. Gold Bullion Comex Eligible 12.47%
  2. Silver Bullion Comex Eligible 8.05%
  3. Gold/US Golden Eagles 5.24%
  4. Gold Canadian Maple Leaf 3.78%
  5. Switzerland (Government Of) 2% 3.69%
  6. Freeport-McMoRan Inc 2.92%
  7. Facebook Inc A 2.74%
  8. United States Treasury Bonds 5.25% 2.57%
  9. Twilio Inc A 2.52%
  10. Texas Pacific Land Trust 1.97%

Asset Allocation

Weighting Return Low Return High PRPFX % Rank
Stocks
33.85% -7.43% 77.52% 66.25%
Bonds
31.98% -18.43% 78.22% 69.25%
Other
29.53% -12.66% 176.09% 5.13%
Cash
4.65% -95.11% 80.85% 46.13%
Preferred Stocks
0.00% 0.00% 45.01% 99.50%
Convertible Bonds
0.00% 0.00% 50.76% 99.38%

Stock Sector Breakdown

Weighting Return Low Return High PRPFX % Rank
Real Estate
18.62% 0.00% 100.00% 6.37%
Basic Materials
17.53% 0.00% 100.00% 1.99%
Communication Services
16.94% 0.00% 56.40% 2.65%
Energy
15.16% 0.00% 100.00% 3.58%
Industrials
10.33% 0.00% 36.77% 33.69%
Technology
6.75% 0.00% 100.00% 92.44%
Healthcare
4.99% 0.00% 59.48% 91.38%
Financial Services
4.55% 0.00% 60.67% 92.57%
Consumer Defense
2.70% 0.00% 22.38% 86.87%
Consumer Cyclical
2.42% 0.00% 59.01% 91.78%
Utilities
0.00% 0.00% 99.54% 99.73%

Stock Geographic Breakdown

Weighting Return Low Return High PRPFX % Rank
US
31.52% -7.43% 77.52% 60.13%
Non US
2.33% -2.31% 17.89% 65.50%

Bond Sector Breakdown

Weighting Return Low Return High PRPFX % Rank
Corporate
51.37% 0.00% 100.00% 29.63%
Government
35.84% 0.00% 95.54% 19.88%
Cash & Equivalents
12.79% -3.87% 100.00% 42.00%
Derivative
0.00% 0.00% 59.63% 99.38%
Securitized
0.00% 0.00% 87.39% 99.38%
Municipal
0.00% 0.00% 100.00% 99.13%

Bond Geographic Breakdown

Weighting Return Low Return High PRPFX % Rank
US
22.90% -18.43% 85.79% 82.63%
Non US
9.08% -36.53% 25.83% 11.88%

Expenses

PRPFX - Expenses

Operational Fees

PRPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.01% 7.27% 67.48%
Management Fee 0.82% 0.00% 2.00% 75.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

PRPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PRPFX 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.

PRPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.26% 0.00% 574.00% 19.30%

Distributions

PRPFX - Distributions

Dividend Yield Analysis

PRPFX Category Low Category High PRPFX % Rank
Dividend Yield 0.00% 0.00% 9.67% 98.88%

Dividend Distribution Analysis

PRPFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PRPFX Category Low Category High PRPFX % Rank
Net Income Ratio 0.97% -5.24% 6.60% 77.42%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PRPFX - Fund Manager Analysis

Managers

Michael Cuggino


Start Date

Tenure

Tenure Rank

May 01, 2003

17.35

17.4%

Mr. Cuggino has been the President, Chief Executive Officer, and a Portfolio Manager with Pacific Heights Asset Management, LLC, ("PHAM") since its founding in 2002. Mr. Cuggino has also served as a trustee of the Trust (and a director of the Trust’s predecessor) since 1998, as its President since 2003, as its Treasurer from 1993 to 2007 and as its Secretary since 2006. Prior to his organization of Pacific Heights, he served as a consultant to World Money Managers, the Trust’s former investment adviser, from 1991 to 2003.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.69 7.12 0.67