Permanent Portfolio Permanent I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-13.0%
1 yr return
-4.6%
3 Yr Avg Return
11.7%
5 Yr Avg Return
8.1%
Net Assets
$3.01 B
Holdings in Top 10
38.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.47%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--50% to 70% Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PRPFX - Profile
Distributions
- YTD Total Return -13.0%
- 3 Yr Annualized Total Return 11.7%
- 5 Yr Annualized Total Return 8.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.25%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePermanent Portfolio Permanent Portfolio®
-
Fund Family NamePermanent Portfolio
-
Inception DateDec 01, 1982
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael 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 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.
PRPFX - Performance
Return Ranking - Trailing
| Period | PRPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.0% | -33.8% | 108.5% | 7.65% |
| 1 Yr | -4.6% | -20.0% | 50.6% | 36.75% |
| 3 Yr | 11.7%* | -4.2% | 14.2% | 6.04% |
| 5 Yr | 8.1%* | -0.4% | 11.5% | 21.11% |
| 10 Yr | 5.1%* | 2.2% | 12.3% | 93.71% |
* Annualized
Return Ranking - Calendar
| Period | PRPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 8.6% | -39.0% | 18.1% | 26.67% |
| 2020 | 12.7% | -20.9% | 39.7% | 11.73% |
| 2019 | 13.6% | -21.9% | 25.7% | 50.36% |
| 2018 | -12.9% | -48.9% | 6.3% | 69.10% |
| 2017 | 9.0% | -7.3% | 61.5% | 41.34% |
Total Return Ranking - Trailing
| Period | PRPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.0% | -33.8% | 108.5% | 6.36% |
| 1 Yr | -4.6% | -23.8% | 46.9% | 34.74% |
| 3 Yr | 11.7%* | -4.2% | 15.9% | 6.16% |
| 5 Yr | 8.1%* | -0.5% | 13.2% | 19.75% |
| 10 Yr | 5.1%* | 2.2% | 12.3% | 93.08% |
* Annualized
Total Return Ranking - Calendar
| Period | PRPFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 8.6% | -39.0% | 18.1% | 26.80% |
| 2020 | 12.7% | -20.9% | 39.7% | 11.73% |
| 2019 | 13.6% | -21.9% | 25.7% | 50.80% |
| 2018 | -12.9% | -48.9% | 6.3% | 88.96% |
| 2017 | 9.0% | -5.9% | 61.5% | 77.58% |
NAV & Total Return History
PRPFX - Holdings
Concentration Analysis
| PRPFX | Category Low | Category High | PRPFX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.01 B | 658 K | 207 B | 23.07% |
| Number of Holdings | 196 | 2 | 15351 | 37.88% |
| Net Assets in Top 10 | 1.13 B | -6.38 M | 48.5 B | 32.47% |
| Weighting of Top 10 | 38.08% | 8.4% | 100.0% | 54.19% |
Top 10 Holdings
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
- Gold Bullion Comex Eligible 15.18%
Asset Allocation
| Weighting | Return Low | Return High | PRPFX % Rank | |
|---|---|---|---|---|
| Stocks | 37.09% | 0.00% | 99.40% | 96.31% |
| Bonds | 36.62% | -82.31% | 116.75% | 36.16% |
| Other | 25.19% | -6.69% | 48.03% | 0.37% |
| Cash | 1.09% | -16.75% | 158.07% | 84.01% |
| Preferred Stocks | 0.00% | 0.00% | 27.92% | 92.25% |
| Convertible Bonds | 0.00% | 0.00% | 23.84% | 97.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PRPFX % Rank | |
|---|---|---|---|---|
| Energy | 24.37% | 0.00% | 85.65% | 3.08% |
| Basic Materials | 17.15% | 0.00% | 34.29% | 1.48% |
| Real Estate | 16.35% | 0.00% | 65.01% | 5.18% |
| Technology | 11.88% | 0.00% | 70.32% | 86.68% |
| Industrials | 10.35% | 0.00% | 33.21% | 45.75% |
| Financial Services | 6.17% | 0.00% | 60.22% | 94.70% |
| Communication Services | 5.93% | 0.00% | 100.00% | 73.86% |
| Healthcare | 3.19% | 0.00% | 39.78% | 94.45% |
| Consumer Defense | 2.55% | 0.00% | 23.01% | 91.12% |
| Consumer Cyclical | 2.04% | 0.00% | 20.19% | 96.42% |
| Utilities | 0.00% | 0.00% | 99.55% | 98.27% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PRPFX % Rank | |
|---|---|---|---|---|
| US | 33.85% | -1.65% | 98.67% | 87.21% |
| Non US | 3.24% | -0.44% | 56.67% | 76.63% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PRPFX % Rank | |
|---|---|---|---|---|
| Corporate | 72.17% | 0.00% | 98.21% | 7.87% |
| Government | 24.93% | 0.00% | 98.50% | 59.04% |
| Cash & Equivalents | 2.90% | 0.14% | 100.00% | 92.37% |
| Derivative | 0.00% | 0.00% | 31.93% | 84.38% |
| Securitized | 0.00% | 0.00% | 92.13% | 97.79% |
| Municipal | 0.00% | 0.00% | 87.00% | 91.51% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PRPFX % Rank | |
|---|---|---|---|---|
| US | 24.86% | -82.31% | 80.50% | 75.77% |
| Non US | 11.76% | 0.00% | 84.73% | 5.78% |
PRPFX - Expenses
Operational Fees
| PRPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.81% | 0.06% | 7.62% | 63.03% |
| Management Fee | 0.79% | 0.00% | 1.83% | 88.76% |
| 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 | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PRPFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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 | 29.47% | 0.00% | 343.00% | 35.25% |
PRPFX - Distributions
Dividend Yield Analysis
| PRPFX | Category Low | Category High | PRPFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.42% | 0.00% | 14.00% | 93.10% |
Dividend Distribution Analysis
| PRPFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| PRPFX | Category Low | Category High | PRPFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.25% | -2.34% | 19.41% | 88.00% |
Capital Gain Distribution Analysis
| PRPFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 06, 2018 | $0.316 | OrdinaryDividend |
| Dec 06, 2017 | $0.336 | OrdinaryDividend |
| Dec 07, 2016 | $0.311 | OrdinaryDividend |
| Dec 09, 2015 | $0.410 | OrdinaryDividend |
| Dec 30, 2013 | $0.250 | OrdinaryDividend |
| Dec 05, 2012 | $0.270 | OrdinaryDividend |
| Dec 09, 2009 | $0.280 | OrdinaryDividend |
| Dec 05, 2001 | $0.270 | OrdinaryDividend |
| Dec 14, 1994 | $0.220 | OrdinaryDividend |
| Dec 15, 1993 | $0.240 | OrdinaryDividend |
| Dec 16, 1992 | $0.290 | OrdinaryDividend |
| Dec 19, 1991 | $0.910 | OrdinaryDividend |
| Dec 26, 1990 | $0.480 | OrdinaryDividend |
| Dec 28, 1988 | $0.020 | OrdinaryDividend |
PRPFX - Fund Manager Analysis
Managers
Michael Cuggino
Start Date
Tenure
Tenure Rank
May 01, 2003
19.1
19.1%
Mr. Cuggino has served as the President and Portfolio Manager of Permanent Portfolio Family of Funds since his investment advisory firm, Pacific Heights Asset Management, LLC, began managing the Fund’s four Portfolios on May 1, 2003. Mr. Cuggino has served as a trustee of the Fund since 1998, as its Chairman of the Board and President since 2003, and as its Secretary since 2006. From 1993 through 2007, Mr. Cuggino served as the Fund’s Treasurer. Mr. Cuggino serves as the manager and sole trustee of the sole member (also as the President and Chief Executive Officer) of Pacific Heights since its founding in 2002. Mr. Cuggino previously served in various accounting, auditing and taxation capacities at Ernst & Young LLP and one of its predecessor firms, Arthur Young & Company, from 1985 through 1991. Mr. Cuggino is a Certified Public Accountant (inactive) and received his undergraduate degrees in accountancy and management from Bentley University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 34.51 | 6.23 | 2.41 |