Performance data quoted represents
past performance which 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 original cost. Current
performance may be lower or higher than the performance
quoted. Performance data current to the most recent
month-end may be obtained here on this website or by calling
(866) 792-9606. A portion of the fees of the Fund was
waived during the period. Without such waivers, the results
would have been lower.
For both PTIMX and PTRMX the advisor has
contractually agreed to waive its fees and/or pay for
operating expenses of the Fund to ensure that total annual
fund operating expenses (excluding acquired fund fees and
expenses, interest, taxes, dividends and interest expenses on
short positions, brokerage commissions and extraordinary
expenses such as litigation expenses) do not exceed 0.55% and
0.80%, respectively, of the average daily net assets of the
Fund. This agreement is effective until December 29, 2018.
The Morningstar Rating™ for funds, or "star rating", is
calculated for managed products (including mutual funds,
variable annuity and variable life subaccounts,
exchange-traded funds, closed-end funds, and separate
accounts) with at least a three- year history. Exchange-traded
funds and open-ended mutual funds are considered a single
population for comparative purposes. It is calculated based on
a Morningstar Risk-Adjusted Return measure that accounts for
variation in a managed product's monthly excess performance,
placing more emphasis on downward variations and rewarding
consistent performance. The top 10% of products in each
product category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2
stars, and the bottom 10% receive 1 star. The Overall
Morningstar Rating for a managed product is derived from a
weighted average of the performance figures associated with
its three-, five-, and 10-year (if applicable) Morningstar
Rating metrics. The weights are: 100% three-year rating for
36- 59 months of total returns, 60% five-year rating/40%
three-year rating for 60-119 months of total returns, and 50%
10-year rating/30% five-year rating/20% three-year rating for
120 or more months of total returns. While the 10- year
overall star rating formula seems to give the most weight to
the 10-year period, the most recent three-year period actually
has the greatest impact because it is included in all three
Mutual fund investing involves risk. Please see each
Fund profile page for more complete information, including
Select a Fund name above to view its overview page.
PTAM is the advisor to the Performance Trust Mutual
Funds, which are distributed by Foreside Fund Services, LLC.
PTAM is registered to do business in the state of Colorado
under the name PTAM and in the state of Florida under the
name PTAM Performance Trust Asset Management, LLC.
You are now leaving ptam.com. Any views expressed on
www.money.usnews.com are those of U.S. News and are not intended
as a forecast or as investment recommendations. Information provided
with respect to the Fund’s returns, standard deviation, expense
ratio, and total assets are as of the dates described in the article
and are subject to change at any time.
Click here to view
standardized performance and other data for PTIAX.
Performance data quoted represents past
performance which 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
original cost. Current performance may be lower or higher than the
performance quoted. Performance data current to the most recent
month-end may be obtained here on this website or by calling (866)
Mutual fund investing involves risk. Principal loss is
possible. Investments in debt securities typically decrease in value
when interest rates rise. This risk is usually greater for
longer-term debt securities. Investments in lower rated and non-rated
securities present a greater risk of loss to principal and interest
than higher-rated securities. Investments in asset-backed and
mortgage-backed securities include additional risks that investors
should be aware of such as credit risk, prepayment risk, possible
illiquidity and default, as well as increased susceptibility to
adverse economic developments. Investments in Real Estate Investment
Trusts (REITs) involve additional risks such as declines in the value
of real estate and increased susceptibility to adverse economic or
regulatory developments. Derivatives involve investment exposure that
may exceed the original cost and a small investment in derivatives
could have a large potential impact on the performance of the Fund.
Options and Swap positions held in the Fund may be illiquid and the
Fund manager may have difficulty closing out a position.
Diversification does not assure a profit or protect against a loss in
a declining market. Income from tax-exempt bonds may be subject to
state and local taxes and a portion of income may be subject to the
federal alternative minimum tax for certain investors. Federal income
tax rules will apply to any capital gains distributions.
PTAM is the advisor to the Performance Trust Mutual Funds,
which are distributed by Foreside Fund Services, LLC.