Perritt Ultra MicroCap Fund (PREOX)
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of United States companies with market capitalizations that are below $300 million at the time of initial purchase, which the fund's investment adviser refers to as "micro-cap" companies. The micro-cap companies in which the fund may invest include "early stage" micro-cap companies, which are companies that are in a relatively early stage of development with market capitalizations that are below $50 million.
Fund Info
US7144021042
714402104
Aug 30, 2004
$1,000
Small-Cap
Blend
Expense Ratio
PREOX has a high expense ratio of 2.42%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Perritt Ultra MicroCap Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PREOX
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PREOX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.51% | 4.09% | 3.57% | -2.61% | -0.24% | -4.46% | 5.05% | -2.74% | -0.88% | 1.17% | |||
| 2023 | 11.20% | -2.94% | -4.79% | -4.02% | -0.13% | 5.92% | 2.45% | -7.72% | -6.37% | -1.70% | 9.06% | 6.08% | 5.00% |
| 2022 | -9.03% | -0.32% | -2.12% | -10.56% | -1.15% | -6.98% | 5.27% | 2.88% | -8.33% | 5.70% | 0.93% | -3.96% | -25.76% |
| 2021 | 13.05% | 11.48% | 3.70% | 0.87% | 3.03% | 4.26% | -1.50% | 3.25% | -1.25% | 3.28% | -3.17% | 3.79% | 47.60% |
| 2020 | 1.17% | -7.92% | -24.31% | 15.45% | 1.72% | 3.10% | 5.93% | 3.01% | -3.43% | -0.17% | 18.98% | 9.40% | 16.89% |
| 2019 | 13.32% | 3.78% | -4.59% | 0.78% | -5.12% | 4.21% | -2.27% | -4.06% | -0.76% | -2.36% | 1.05% | -0.54% | 2.09% |
| 2018 | -0.00% | -3.88% | -1.57% | 0.86% | 2.18% | -0.59% | 0.24% | -0.36% | 1.08% | -7.57% | -4.84% | -8.60% | -21.34% |
| 2017 | 0.92% | -1.15% | 0.49% | 0.49% | 3.58% | 2.29% | 0.29% | -1.60% | 7.73% | -0.27% | 3.58% | 0.70% | 18.03% |
| 2016 | -7.97% | 0.46% | 4.84% | 2.45% | 1.55% | 0.14% | 5.13% | 3.16% | 2.49% | -3.68% | 6.06% | 4.41% | 19.72% |
| 2015 | -2.63% | 3.40% | -0.27% | -0.60% | 1.69% | -1.46% | -1.75% | -2.06% | -3.23% | 4.28% | 1.70% | -0.76% | -2.00% |
| 2014 | 0.61% | 1.61% | -1.04% | -2.09% | -1.12% | 0.85% | -3.95% | 2.47% | -3.27% | -0.53% | 0.69% | 1.51% | -4.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PREOX is 15, meaning it’s performing worse than 85% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Perritt Ultra MicroCap Fund (PREOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Perritt Ultra MicroCap Fund provided a 1.73% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.29 | $0.18 | $1.37 | $0.00 | $0.02 | $1.09 | $1.93 | $0.73 | $0.22 | $2.29 |
Dividend yield | 1.73% | 1.87% | 1.20% | 6.58% | 0.00% | 0.18% | 8.66% | 11.16% | 4.48% | 1.52% | 15.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Perritt Ultra MicroCap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 | ||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.37 | $0.00 | $1.37 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.10 | $1.09 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.93 | $0.00 | $1.93 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.00 | $0.73 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.22 |
| 2014 | $2.29 | $0.00 | $2.29 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Perritt Ultra MicroCap 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 Perritt Ultra MicroCap Fund was 73.67%, occurring on Mar 9, 2009. Recovery took 1162 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.67% | Jun 18, 2007 | 434 | Mar 9, 2009 | 1162 | Oct 17, 2013 | 1596 |
| -51.78% | Jan 12, 2018 | 548 | Mar 18, 2020 | 207 | Jan 12, 2021 | 755 |
| -35.63% | Nov 15, 2021 | 492 | Nov 1, 2023 | — | — | — |
| -21.64% | Mar 10, 2014 | 487 | Feb 11, 2016 | 145 | Sep 8, 2016 | 632 |
| -11.19% | May 11, 2006 | 66 | Aug 14, 2006 | 96 | Dec 29, 2006 | 162 |
Volatility
Volatility Chart
The current Perritt Ultra MicroCap Fund volatility is 4.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.