About PVCMX
Palm Valley Capital Fund Investor Class is an actively managed open-end mutual fund designed to achieve long-term total return. Classified within the U.S. Equity Small Value category, the fund primarily invests in a portfolio of small-capitalization common stocks, with a strong emphasis on companies based in the United States. In addition to equities, the strategy includes allocations to U.S. government obligations such as Treasury bills, and can invest in equity securities of real estate investment trusts (REITs), securities related to precious metals, convertible securities, and significant levels of cash when deemed appropriate by the management.
Launched in 2019, the fund distinguishes itself through a flexible and opportunistic approach, adjusting its cash position in response to prevailing market valuations and perceived risks. Its portfolio is notably concentrated, with the top ten holdings comprising over 90% of assets at times, including large positions in U.S. Treasury bills and select small-cap companies. The fund is managed by experienced professionals, prioritizing risk management while seeking value among underfollowed or undervalued small-cap firms. It plays a role in the financial market by offering investors exposure to small-cap value stocks with a disciplined, risk-aware investment process that incorporates significant defensive allocations when warranted.
Fund Family Palm Valley
Category Small Value
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PVCMX
Share Class Investor Class
Index S&P 600 Small Cap TR
PVCMX had a total return of 7.98% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.02%.
