Provident Trust Strategy Fund

Overview

The Provident Trust Strategy Fund (PROVX) is a concentrated, multi-cap core growth equity fund which aims to exceed the S&P 500 Index over full investment cycles (which in the portfolio manager’s view is typically 5-7 calendar years including both a 30% advance and a 20% decline).

PROVX can flexibly allocate assets between stocks, bonds, and money markets to moderate volatility and selects common stocks of all market capitalizations based on relative forward return potential. Stock selection criteria include improving revenue and earnings growth, increasing margins, significant management stock ownership, and upward valuation potential.

Please refer to the Prospectus for a more detailed explanation of PROVX, the fund management, and an application.

PROVX Returns for the Day Ending 11/20/2024
NAV Price Change NAV% change YTD Performance Market Value (Millions)
$21.12 $-0.03 -0.14% 21.17% $211.945
PROVX Annualized Returns for the Month Ending 10/31/2024
1 Year 3 Year 5 Year 10 Year 15 Year 20 Year
32.92% 2.35% 11.73% 12.17% 11.77% 10.27%
PROVX Annualized Returns for the Quarter Ending 09/30/2024
1 Year 3 Year 5 Year 10 Year 15 Year 20 Year
27.25% 4.28% 12.12% 12.16% 11.59% 10.25%

As per the Fund’s January 31, 2024 Prospectus, the total annual Fund operating expenses as a percentage of the value of your investment, which incorporates indirect fees and expenses that the Fund incurs from investing in the shares of other mutual funds including money markets, otherwise known as Acquired Fund Fee Expenses or AFFE was 0.97%. Provident has contractually agreed to cap the ratio of expenses to average net assets at 1.00% through January 31, 2025.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be higher or lower than the performance quoted.

Mutual Fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund may invest in smaller and medium sized companies, which involve additional risk such as more limited liquidity and greater volatility.

The Fund may invest in money market funds. An investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the money market fund seeks to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in the fund.

The Fund is offered only to United States residents and information on this site is intended only for such persons. Nothing on this site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

You may obtain a hardcopy of the prospectus and the most recent performance data by calling (855) 739-9950. Please read the prospectus and consider it carefully before investing.

General Information

Quarterly Holdings

Registration Statement

Shareholder Reports

Account Applications and Forms

Provident Mutual Funds, Inc.,
c/o U.S. Bank Global Fund Services
PO Box 701, Milwaukee, WI 53201-0701

The Provident Trust Strategy Fund is Distributed by
Quasar Distributors, LLC
(855) 739-9950