MO vs. PMEFX

Last updated Apr 4, 2026

Compare and contrast key facts about Altria Group, Inc. (MO) and Penn Mutual Am 1847 Income Fund (PMEFX).

PMEFX is managed by Penn Mutual Asset Management. It was launched on Jul 30, 2020.

Performance

MO vs. PMEFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altria Group, Inc. (MO) and Penn Mutual Am 1847 Income Fund (PMEFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MO

• 1D: 0.43%
• 1M: -1.85%
• YTD: 15.96%
• 6M: 3.58%
• 1Y: 21.59%
• 3Y*: 22.72%
• 5Y*: 13.73%
• 10Y*: 7.41%

PMEFX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -7.02%
• 1Y: 3.55%
• 3Y*: 5.02%
• 5Y*: 3.27%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MO vs. PMEFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MO Altria Group, Inc.	15.96%	18.17%	40.76%	-3.70%	4.37%	24.18%	3.72%
PMEFX Penn Mutual Am 1847 Income Fund	0.00%	1.11%	9.80%	9.80%	-4.30%	9.78%	6.47%

Correlation

The correlation between MO and PMEFX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

Return for Risk

MO vs. PMEFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MO

MO Risk / Return Rank: 68
MO Sharpe Ratio Rank: 76
MO Sortino Ratio Rank: 67
MO Omega Ratio Rank: 70
MO Calmar Ratio Rank: 64
MO Martin Ratio Rank: 66

PMEFX

PMEFX Risk / Return Rank: 5
PMEFX Sharpe Ratio Rank: 6
PMEFX Sortino Ratio Rank: 4
PMEFX Omega Ratio Rank: 7
PMEFX Calmar Ratio Rank: 3
PMEFX Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MO vs. PMEFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altria Group, Inc. (MO) and Penn Mutual Am 1847 Income Fund (PMEFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MO	PMEFX	Difference
Sharpe ratio Return per unit of total volatility	1.12	0.13	+0.99
Sortino ratio Return per unit of downside risk	1.53	0.21	+1.32
Omega ratio Gain probability vs. loss probability	1.22	1.05	+0.16
Calmar ratio Return relative to maximum drawdown	1.20	-0.07	+1.27
Martin ratio Return relative to average drawdown	3.11	-0.13	+3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MO vs. PMEFX - Sharpe Ratio Comparison

The current MO Sharpe Ratio is 1.12, which is higher than the PMEFX Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of MO and PMEFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MO	PMEFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	0.13	+0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.42	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.74	-0.17

Drawdowns

MO vs. PMEFX - Drawdown Comparison

The maximum MO drawdown since its inception was -81.02%, which is greater than PMEFX's maximum drawdown of -13.27%. Use the drawdown chart below to compare losses from any high point for MO and PMEFX.

Drawdown Indicators

	MO	PMEFX	Difference
Max Drawdown Largest peak-to-trough decline	-81.02%	-13.27%	-67.75%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-7.19%	-9.21%
Max Drawdown (5Y) Largest decline over 5 years	-25.83%	-13.27%	-12.56%
Max Drawdown (10Y) Largest decline over 10 years	-53.69%	—	—
Current Drawdown Current decline from peak	-4.07%	-7.19%	+3.12%
Average Drawdown Average peak-to-trough decline	-17.45%	-3.01%	-14.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	4.23%	+2.10%

Volatility

MO vs. PMEFX - Volatility Comparison

Altria Group, Inc. (MO) has a higher volatility of 5.93% compared to Penn Mutual Am 1847 Income Fund (PMEFX) at 0.00%. This indicates that MO's price experiences larger fluctuations and is considered to be riskier than PMEFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MO	PMEFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.93%	0.00%	+5.93%
Volatility (6M) Calculated over the trailing 6-month period	16.65%	6.80%	+9.85%
Volatility (1Y) Calculated over the trailing 1-year period	21.02%	9.74%	+11.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.45%	7.93%	+12.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.71%	7.78%	+14.93%

Dividends

MO vs. PMEFX - Dividend Comparison

MO's dividend yield for the trailing twelve months is around 6.39%, less than PMEFX's 7.34% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MO Altria Group, Inc.	6.39%	7.21%	7.65%	9.52%	8.05%	7.43%	8.29%	6.57%	6.07%	3.56%	3.48%	3.73%
PMEFX Penn Mutual Am 1847 Income Fund	7.34%	8.73%	6.16%	4.41%	3.25%	13.55%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%