Pinnacle Value Fund (PVFIX)
| Fund Assets | 32.72M |
| Expense Ratio | 1.32% |
| Min. Investment | $2,500 |
| Turnover | 21.72% |
| Dividend (ttm) | 2.27 |
| Dividend Yield | 13.72% |
| Dividend Growth | 121.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 16.56 |
| YTD Return | 0.18% |
| 1-Year Return | 5.21% |
| 5-Year Return | 87.99% |
| 52-Week Low | 14.47 |
| 52-Week High | 658.00 |
| Beta (5Y) | 0.59 |
| Holdings | 46 |
| Inception Date | Apr 1, 2003 |
About PVFIX
Pinnacle Value Fund is a mutual fund focused on long-term capital appreciation, with income as a secondary goal. Managed by Bertolet Capital LLC, it primarily invests in a diversified portfolio of publicly traded equity securities, including common and preferred stocks, convertible securities, rights, and warrants. The fund targets small- and micro-cap U.S. companies, typically those with market capitalizations under $2 billion. Its investment approach centers on identifying companies trading at significant discounts to their intrinsic earnings power or asset values, employing both fundamental and quantitative analysis in its selection process. Pinnacle Value Fund benchmarks its performance against the Russell 2000 Index, reflecting its emphasis on the small-cap value segment. Notably, the fund maintains a concentrated portfolio with a significant portion of assets in its top holdings and retains flexibility to hold sizable cash positions. Since its inception in 2003, Pinnacle Value Fund has sought to deliver value by uncovering undervalued opportunities within the U.S. equity landscape, making it a niche player in the small-cap value category.
Performance
PVFIX had a total return of 5.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.12%.
Top 10 Holdings
75.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Government Obligations Fund | GOIXX | 36.49% |
| Gulf Island Fabrication, Inc. | GIFI | 8.24% |
| Unifi, Inc. | UFI | 5.25% |
| Culp, Inc. | CULP | 4.83% |
| Hurco Companies, Inc. | HURC | 4.80% |
| Ingles Markets, Incorporated | IMKTA | 3.39% |
| Weyco Group, Inc. | WEYS | 3.38% |
| Seaboard Corporation | SEB | 3.34% |
| Bristow Group Inc. | VTOL | 3.25% |
| AerSale Corporation | ASLE | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $2.26823 | Dec 13, 2024 |
| Dec 12, 2023 | $1.02619 | Dec 12, 2023 |
| Dec 13, 2022 | $1.50563 | Dec 13, 2022 |
| Dec 14, 2021 | $1.02541 | Dec 14, 2021 |
| Feb 22, 2021 | $0.18146 | Feb 22, 2021 |
| Dec 9, 2019 | $0.33943 | Dec 9, 2019 |