PRPFX: Permanent Portfolio Permanent I

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PRPFX Permanent Portfolio Permanent I

  • Fund
  • PRPFX
  • Price as of: Dec 12, 2019
  • $39.90
    + $0.06 + 0.15%

Profile

PRPFX - Profile

Vitals

  • YTD Return 11.2%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $1.93 B
  • Holdings in Top 10 46.8%

52 WEEK LOW AND HIGH

$39.90
$34.82
$40.94

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

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

BROKERAGE FEES

  • Turnover 18.62%

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 11.2%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.93%
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
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael J. Cuggino

Fund Description

The Permanent Portfolio Fund (PRPFX) is an actively managed fund that seeks to slowly grow an investor’s capital during all market conditions. PRPFX invests in a variety of hard assets designed to preserve and increase purchasing power, such as gold, Treasury bonds, growth stocks, Swiss francs and real estate. Managers at the fund keep weightings among these assets within a few points of target percentages.

PRPFX is designed as an all-weather portfolio and strategy. As such, it can be used as a core position for conservative investors. The fund is managed by Pacific Heights Asset Management.


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Categories

Performance

PRPFX - Performance

Return Ranking - Trailing

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -47.2% 43.0% 61.76%
1 Yr 9.9% -40.9% 25.8% 28.80%
3 Yr 1.3%* -35.4% 14.5% 68.71%
5 Yr 0.1%* -40.5% 14.2% 65.61%
10 Yr 0.3%* -38.9% 17.9% 91.79%

* Annualized

Return Ranking - Calendar

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.9% -31.8% 19.0% 79.35%
2017 9.0% -44.7% 46.3% 22.21%
2016 9.3% -84.5% 146.1% 7.79%
2015 -12.7% -40.7% 14.6% 94.21%
2014 -8.1% -35.0% 306.6% 95.50%

Total Return Ranking - Trailing

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% -47.2% 43.0% 62.96%
1 Yr 9.9% -40.9% 25.8% 36.79%
3 Yr 1.3%* -35.4% 14.5% 85.71%
5 Yr 0.1%* -40.5% 14.2% 89.42%
10 Yr 0.3%* -38.9% 18.8% 95.07%

* Annualized

Total Return Ranking - Calendar

Period PRPFX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.9% -27.4% 19.0% 88.06%
2017 9.0% -44.7% 46.3% 57.38%
2016 9.3% -84.5% 146.1% 17.14%
2015 -12.7% -36.9% 14.6% 96.14%
2014 -8.1% -35.0% 306.6% 96.23%

NAV & Total Return History


Holdings

PRPFX - Holdings

Concentration Analysis

PRPFX Category Low Category High PRPFX % Rank
Net Assets 1.93 B 619 K 157 B 21.79%
Number of Holdings 135 2 13643 51.91%
Net Assets in Top 10 896 M -206 M 29 B 20.13%
Weighting of Top 10 46.76% 8.9% 210.3% 44.81%

Top 10 Holdings

  1. Gold Bullion Comex Eligible 12.78%
  2. Silver Bullion Comex Eligible 5.83%
  3. Gold/US Golden Eagles 5.26%
  4. Gold Canadian Maple Leaf 4.05%
  5. Switzerland (Govt) 2% 3.80%
  6. Switzerland (Govt) 2.25% 3.72%
  7. United States Treasury Bonds 5.25% 3.02%
  8. United States Treasury Bonds 6% 2.94%
  9. Texas Pacific Land Trust 2.73%
  10. Facebook Inc A 2.63%

Asset Allocation

Weighting Return Low Return High PRPFX % Rank
Stocks
39.57% -41.01% 77.78% 57.42%
Bonds
30.03% -4.12% 79.17% 80.40%
Other
27.91% -41.44% 209.72% 1.91%
Cash
2.50% -110.26% 61.28% 68.96%
Preferred Stocks
0.00% 0.00% 49.94% 99.89%
Convertible Bonds
0.00% 0.00% 75.96% 99.89%

Stock Sector Breakdown

Weighting Return Low Return High PRPFX % Rank
Real Estate
9.41% -8.18% 51.84% 4.58%
Energy
6.43% -2.02% 68.57% 5.22%
Basic Materials
5.06% -2.22% 15.06% 3.30%
Industrials
4.92% -2.39% 24.85% 41.68%
Communication Services
4.57% -2.17% 11.77% 17.16%
Technology
2.77% -6.80% 28.79% 81.24%
Financial Services
2.35% -7.21% 30.29% 87.21%
Healthcare
1.63% -6.04% 20.92% 88.06%
Consumer Defense
1.25% -2.62% 12.35% 81.34%
Consumer Cyclical
1.17% -10.41% 25.25% 86.03%
Utilities
0.00% -2.30% 64.34% 98.08%

Stock Geographic Breakdown

Weighting Return Low Return High PRPFX % Rank
US
37.30% -41.02% 75.95% 48.41%
Non US
2.27% -2.09% 29.45% 70.34%

Bond Sector Breakdown

Weighting Return Low Return High PRPFX % Rank
Government
15.46% -45.95% 75.63% 37.71%
Corporate
14.56% 0.00% 84.75% 61.33%
Cash & Equivalents
2.50% -110.26% 72.04% 67.58%
Derivative
0.00% -19.91% 2.88% 86.76%
Securitized
0.00% 0.00% 45.59% 99.89%
Municipal
0.00% 0.00% 58.76% 99.26%

Bond Geographic Breakdown

Weighting Return Low Return High PRPFX % Rank
US
22.16% -5.38% 87.85% 89.09%
Non US
7.87% -14.01% 19.86% 13.24%

Expenses

PRPFX - Expenses

Operational Fees

PRPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.00% 18.45% 63.54%
Management Fee 0.81% 0.00% 2.00% 81.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 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 0.75% 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 18.62% 0.00% 1504.00% 16.35%

Distributions

PRPFX - Distributions

Dividend Yield Analysis

PRPFX Category Low Category High PRPFX % Rank
Dividend Yield 0.00% 0.00% 10.97% 99.79%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PRPFX Category Low Category High PRPFX % Rank
Net Income Ratio 0.93% -4.40% 6.65% 80.26%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PRPFX - Fund Manager Analysis

Managers

Michael J. Cuggino


Start Date

Tenure

Tenure Rank

May 01, 2003

16.59

16.6%

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. Cuggino has been a director since 1998 and has been the Chairman of the Board, President since 2003 and Secretary since 2006. From 1993 through 2007, he also served as Treasurer. Prior to his organization of Pacific Heights, he served as a consultant to World Money Managers from 1991 to 2003.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 35.94 6.98 7.54