Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | PENNX Insights | PENNX Score | PENNX Performance | PENNX News | PENNX Allocation | PENNX Holdings Change

Royce Pennsylvania Mutual Invmt (PENNX) Fund Ranking and Research

Ranking, Research and Recommendation of Royce Pennsylvania Mutual Invmt (PENNX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Royce Pennsylvania Mutual Invmt Fund (PENNX) ManagerFund Manager - Charles M. Royce

Fund Manager Information

Fund Manager Tenure: 45.1 years
Fund Family: Royce
Fund Category: Small Blend
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)
Honorable Mentioning: Money Magazine (2011),
Royce is the Royce & Associates, LLC's President, Co-Chief Investment Officer and Portfolio Manager.  Get more insights on Charles M. Royce

 

Graph of Royce Pennsylvania Mutual Invmt Fund (PENNX) ProfileRoyce Pennsylvania Mutual Invmt Fund (PENNX) Profile

Fund Profile and Description

Royce Pennsylvania Mutual Invmt Fund seeks long-term growth of capital. Royce Pennsylvania Mutual Invmt Fund normally invests at least 65% of assets in the equities of small- and micro-cap companies. Royce Pennsylvania Mutual Invmt Fund typically invests in companies with market capitalizations up to $2.5 billion. Royce Pennsylvania Mutual Invmt Fund may invest up to 25% of assets in the securities of foreign issuers. The advisor selects securities that it believes are trading significantly below its estimate of their current worth, basing this assessment chiefly on balance sheet quality and cash flow levels.

 

Royce Pennsylvania Mutual Invmt (PENNX) Fund Strength What we like about Royce Pennsylvania Mutual Invmt (PENNX) Fund

Data for Royce Pennsylvania Mutual Invmt Fund (PENNX) as of May 30, 2016

  • Royce Pennsylvania Mutual Invmt Fund (PENNX) management has been with Royce Pennsylvania Mutual Invmt Fund for 45.1 years
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has good short-term performance (1-year return -4.86% vs -5.18% Small Blend category median performance)
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) ratio of up-years vs down years is greater than 2
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has an annual stock turnover rate of 21.00% vs Small Blend average of 52.13%. It is good that Royce Pennsylvania Mutual Invmt management does not trade extensively for its return.
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) is less volatile than its peers as it has a 3-year Standard Deviation of 14.49, lower than category average of 14.58
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has a lower expense ratio than its Small Blend average: 0.92% vs 1.22%
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Royce Pennsylvania Mutual Invmt Fund (PENNX) Weakness What we are cautious about Royce Pennsylvania Mutual Invmt (PENNX) Fund

Data for Royce Pennsylvania Mutual Invmt Fund (PENNX) as of May 30, 2016

  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has a less-than-ideal mid-term performance (3-year return 4.17% vs 6.96% Small Blend category median performance)
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has a less-than-ideal Long-term performance (5-year return 5.24% vs 7.84% Small Blend category median performance)
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) has a Morningstar rating of 3 and below
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) is less safe compared to its Small Blend peers
  • Royce Pennsylvania Mutual Invmt Fund (PENNX) does not have a good risk adjusted return as its 3-year Alpha of -6.9 is worse than category average of -4.16, and its 3-year Sharpe ratio is 0.35
See Royce Pennsylvania Mutual Invmt Fund (PENNX) performance details as of May 30, 2016

 

What do you think?

 

Compare Royce Pennsylvania Mutual Invmt Fund (PENNX)Compare with other top Small Blend category mutual funds

Aadditional top Small Blend mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Royce Pennsylvania Mutual Invmt7.82-4.864.175.24
Voya Small Company W (ISMWX)5.840.399.509.36Compare
Natixis Vaughan Nelson Small Cap Value A (NEFJX)4.84-1.7410.7010.01Compare
CRM Small Cap Value Instl (CRISX)4.71-1.578.116.99Compare

See top fund managers for Small Blend Category Funds

 

Compare Royce Pennsylvania Mutual Invmt Fund (PENNX)Compare with Small Blend category ETFs

Some Small Blend ETFs for your consideration

ETFYear to DateOne YearThree Year
SPDR S&P 600 Small Cap ETF (SLY)5.61%0.29%9.84%
Wilshire Micro-Cap ETF (WMCR)000
Vanguard Small-Cap ETF (VB)000
Vanguard S&P Small-Cap 600 ETF (VIOO)000
WisdomTree SmallCap Earnings ETF (EES)000

 

Graph of Royce Pennsylvania Mutual Invmt Fund (PENNX) Net Asset TrackingRoyce Pennsylvania Mutual Invmt (PENNX) Fund Net Asset

Track net asset change of Royce Pennsylvania Mutual Invmt fund (PENNX)

DateNet Asset
05/2016$2.74B
03/2016$2.81B
02/2016$2.67B
More historic net asset information on Royce Pennsylvania Mutual Invmt Fund (PENNX)

  

Graph of Royce Pennsylvania Mutual Invmt Fund (PENNX) Portfolio TrackingRoyce Pennsylvania Mutual Invmt (PENNX) Fund Portfolio Allocation

Track portfolio allocation change of Royce Pennsylvania Mutual Invmt fund (PENNX)

DateCashStockBondOther
03/20160.22%96.82%0%2.96%
12/20150.36%95.23%0%4.41%
09/20151.98%93.6%0%4.42%
Click here to see more historic asset allocation information on Royce Pennsylvania Mutual Invmt Fund (PENNX)

 

graph of Royce Pennsylvania Mutual Invmt Fund (PENNX) Top 10 Position TrackingTop 10 Holdings in Royce Pennsylvania Mutual Invmt (PENNX) Fund

Discover what Royce Pennsylvania Mutual Invmt Fund (PENNX) manager is buying

Mar 30, 2016
Quaker Chemical Corporation Com [1.11%]
RITCHIE BROS AUCTIONEERS INC. [1.09%]
Copart, Inc. [1.06%]
Drew Industries Incorporated Co [1.06%]
Forward Air Corporation [0.98%]
Coherent, Inc. [0.97%]
FLIR Systems, Inc. [0.96%]
Ethan Allen Interiors Inc. Comm [0.96%]
Genworth MI Canada Inc [0.93%]
Reliance Steel & Aluminum Co. C [0.93%]

Dec 30, 2015
RITCHIE BROS AUCTIONEERS INC. [1.02%]
Quaker Chemical Corporation Com [1.01%]
Drew Industries Incorporated Co [1.01%]
Reliance Steel & Aluminum Co. C [1.01%]
Copart, Inc. [0.94%]
Stella-Jones Inc [0.93%]
Tennant Company Common Stock [0.92%]
Forward Air Corporation [0.89%]
Genworth MI Canada Inc [0.88%]
Bio-Techne Corp [0.86%]

Sep 29, 2015
RITCHIE BROS AUCTIONEERS INC. [0.94%]
Quaker Chemical Corporation Com [0.92%]
Reliance Steel & Aluminum Co. C [0.89%]
Genworth MI Canada, Inc. [0.88%]
MKS Instruments, Inc. [0.84%]
Drew Industries Incorporated Co [0.8%]
Thor Industries, Inc. Common St [0.8%]
Morningstar, Inc. [0.79%]
Rofin-Sinar Technologies, Inc. [0.78%]
Tennant Company Common Stock [0.78%]
Click here for Stock Holding Change Map in Royce Pennsylvania Mutual Invmt Fund (PENNX)

  

Latest News on Royce Pennsylvania Mutual Invmt (PENNX) Fund

See what is happening with Royce Pennsylvania Mutual Invmt Fund (PENNX)

 

Royce Pennsylvania Mutual Invmt Fund (PENNX) Related ResourcesSee more information on Royce Pennsylvania Mutual Invmt (PENNX) Fund

Popular pages on Royce Pennsylvania Mutual Invmt (PENNX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update