PRTBX – Permanent Portfolio Short-Term Trs I Investment Strategy | Morningstar

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Strategy

The investment seeks to earn high current income, consistent with safety and liquidity of principal. The fund invests at least 80% of its assets in direct debt obligations of the United States Treasury, including U.S. Treasury bills, notes and bonds, and other securities issued by the U.S. Treasury. The adviser expects to maintain a dollar-weighted average portfolio maturity and duration of zero to three years. It is not a money market fund and does not seek to maintain a stable price per share.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRTBX	Permanent Portfolio Short-Term Treasury Portfolio Class I	Institutional	Open			Sep 21, 1987	$12.32M	0.650%	High	$1,000	—

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