The Private Shares Fund (PIIVX)
| Fund Assets | n/a |
| Expense Ratio | 2.47% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 43.10 |
| YTD Return | 0.30% |
| 1-Year Return | 6.94% |
| 5-Year Return | 51.60% |
| 52-Week Low | 40.21 |
| 52-Week High | 44.76 |
| Beta (5Y) | n/a |
| Holdings | 152 |
| Inception Date | n/a |
About PIIVX
The Private Shares Fund Class I is a growth equity-focused investment vehicle designed to provide access to late-stage, venture-backed private companies. Its primary purpose is to seek capital appreciation by investing in these dynamic pre-IPO companies, which typically have established product lines and revenue growth. The fund's strategy involves leveraging proprietary databases and relationships within the venture ecosystem to identify high-performing companies across multiple sectors. Key investments may include private securities via special purpose vehicles and private investments in public equity transactions, particularly with special purpose acquisition companies (SPACs). By focusing on technology and innovation sectors, the fund plays a significant role in providing investors with opportunities to participate in the growth of emerging companies before they go public.
Performance
PIIVX had a total return of 6.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.29%.
Top 10 Holdings
32.82% of assets| Name | Symbol | Weight |
|---|---|---|
| SPACE EXPLORATION TECHNOLOGIES CORP. COMMON SHARES / | SPCX.C | 6.86% |
| UMB MONEY MARKET II SPECIAL / | SMMFIDU | 5.31% |
| TRADESHIFT HOLDINGS INC. PREFERRED SERIES 3 / | TSFT.P3 | 3.80% |
| GRUBMARKET, INC. PREFERRED E SHARES / | GRUB.PE | 3.57% |
| BETTERMENT HOLDINGS, INC. COMMON SHARES / | BTMT.C | 2.55% |
| ARCTIC WOLF NETWORKS, INC. COMMON SHARES / | ARWO.C | 2.49% |
| NEXTROLL, INC. COMMON SHARES / | ADRL.C | 2.22% |
| MOTIVE TECHNOLOGIES, INC. (F.K.A. KEEP TRUCKIN, INC.) SERIES F PREFERRED / | KPTN.PF | 2.17% |
| LOOKOUT,, Inc. COMMON SHARES / | LOOK.C | 1.94% |
| EQUIPMENTSHARE.COM INC. COMMON SHARES / | EQSH.C | 1.91% |