About PSEPX
1789 Growth and Income Fund Class P is a mutual fund that primarily targets a blend of current income, income growth, and capital appreciation through a diversified portfolio. Its main focus is on large-cap U.S. companies, fitting into the "large value" category, which typically includes established firms viewed as undervalued based on their price ratios and dividend yields. The fund invests mainly in common stocks and other equity securities, such as preferred stocks and convertible securities, as well as selected debt instruments and warrants.
The fund holds a concentrated portfolio—about 20 holdings—with the top 10 accounting for over half of assets, spanning sectors including financial services, healthcare, industrials, utilities, and consumer goods. Notable holdings have included Packaging Corp of America, Fidelity National Financial, and UnitedHealth Group. The fund aims to provide consistent quarterly distributions, reflecting its emphasis on dividend income, and features a relatively moderate expense ratio within its peer group. Since its inception in 2013, the fund has offered investors exposure to large, dividend-yielding U.S. equities, making it a potential choice for those seeking both income and value-oriented growth within the equity markets.
Fund Family Pinnacle Capital Management
Category Large Value
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PSEPX
Share Class Class P Shares
Index S&P 500 TR
PSEPX had a total return of 5.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.82%.
