Royce Pennsylvania Mutual Fund (PENNX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Royce Pennsylvania Mutual Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Royce Pennsylvania Mutual Fund (PENNX) has returned 0.87% so far this year and 21.24% over the past 12 months. Over the last ten years, PENNX has returned 10.43% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1980, PENNX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, your investment would double in approximately 6.8 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +18.0%, while the worst month was Jan 1981 at -30.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PENNX closed higher 51% of trading days. The best single day was Dec 18, 1986 with a return of +10.3%, while the worst single day was Jan 22, 1981 at -30.7%.

Royce Pennsylvania Mutual Fund has an annualized alpha of 2.24%, beta of 0.76, and R² of 0.55 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

• This fund participated in 93.97% of S&P 500 Index downside but only 92.23% of its upside — more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.24% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

PENNX has an expense ratio of 0.92%, placing it in the medium range.

PENNX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Royce Pennsylvania Mutual Fund (PENNX) and compare them to a chosen benchmark (S&P 500 Index).

Royce Pennsylvania Mutual Fund provided a 6.64% dividend yield over the last twelve months, with an annual payout of $0.62 per share.

The table displays the monthly dividend distributions for Royce Pennsylvania Mutual Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Royce Pennsylvania Mutual Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Royce Pennsylvania Mutual Fund was 57.00%, occurring on Mar 9, 2009. Recovery took 452 trading sessions.

The current Royce Pennsylvania Mutual Fund drawdown is 10.21%.

The chart below shows the rolling one-month volatility.