PRVHX – Permanent Portfolio Versatile Bond C Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks to earn high current income. In pursuit of its investment objective, under normal market conditions, the fund invests at least 80% of its assets in bonds, which may include debt securities of all types and of any maturity. The adviser may invest in bonds with a range of maturities from short- to long-term and does not attempt to maintain any pre-set average portfolio maturity or duration. Its duration will vary, depending on the investment adviser's forecast of interest rates and its assessment of market risks generally. The fund may invest in both "investment grade" and "below investment grade" bonds.

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
PRVBX	Permanent Portfolio Versatile Bond Portfolio Class I	Institutional	Open			Sep 27, 1991	$86.24M	0.650%	High	$1,000	—
PRVDX	Permanent Portfolio Versatile Bond Portfolio Class A	Front Load	Open			May 31, 2016	$376,951.00	0.900%	High	$1,000	—
PRVHX	Permanent Portfolio Versatile Bond Portfolio Class C	Level Load	Open			May 31, 2016	$1.95M	1.650%	High	$1,000	—

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