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Morningstar

Permanent Portfolio Versatile Bond I PRVBX

Morningstar Medalist Rating
Medalist Rating as of | See Permanent Portfolio Investment Hub
  • NAV / 1-Day Return 61.86  /  0.05 %
  • Total Assets 87.9 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.74%
  • Effective Duration 2.14 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis PRVBX

Will PRVBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRVBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PRVBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PRVBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Permanent Portfolio Versatile Bond I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRVBX

More PRVBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 48
  • Other Holdings 26
  • % Assets in Top 10 Holdings 36.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

El Paso Energy Capital Trust I 4.75 % Trust Conv Pfd Secs Series -C-

5.80
5,086,807
Energy

Imperial Brands Finance Plc 3.5%

5.06
4,438,756
Corporate

Lazard Group LLC 3.75%

4.96
4,351,795
Corporate

Retail Opportunity Investments Partnership LP 5%

3.70
3,242,169
Cash and Equivalents

B.A.T. Capital Corporation 3.222%

3.66
3,208,214
Corporate

Affiliated Managers Group, Inc. 4.25%

3.40
2,984,196
Corporate

Trimble Inc 4.75%

3.37
2,953,140
Corporate

Kemper Corporation 4.35%

3.30
2,897,568
Corporate

Manufacturers & Traders Trust Co. 2.9%

3.24
2,844,202
Corporate

Kennametal Inc 4.625%

3.20
2,810,001
Corporate