About PSECX
The 1789 Growth and Income Fund Class C is a mutual fund designed to provide investors with a combination of capital appreciation and income generation. This fund primarily invests in a diversified mix of U.S. large-cap companies, focusing on those considered undervalued relative to their fundamentals, often referred to as the "large value" segment of the equity market. Its portfolio is constructed from common stocks, preferred stocks, convertible securities, and select debt instruments, allowing for both growth and income opportunities.
Managed by Stephen Fauer since April 2024, the fund holds a concentrated portfolio, with its top ten holdings accounting for over half of total assets, and includes major firms in the financial services, technology, industrials, and health care sectors. The fund seeks to produce current income through dividends as well as capital gains over the long term. With a history dating back to 2011, the 1789 Growth and Income Fund Class C plays a role in providing balanced exposure to equity markets for investors seeking a blend of income and appreciation within a single vehicle.
Fund Family Pinnacle Capital Management
Category Large Value
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PSECX
Share Class Class C Shares
Index S&P 500 TR
PSECX had a total return of 6.55% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.00%.
