Provident Trust Strategy Fund

Frequently Asked Questions About PROVX

What does PROVX invest in?

The fund concentrates its investments on a select, limited portfolio of growth-oriented companies across different market capitalizations. Its manager's objective is to outperform the S&P 500® Index over complete economic cycles, against which the fund measures its performance. This fund's strategy involves a focused allocation, classifying it as non-diversified.

What is the expense ratio of PROVX?

Provident Trust Strategy Fund (PROVX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PROVX?

Provident Trust Strategy Fund (PROVX) manages $178.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PROVX actively managed or an index fund?

PROVX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PROVX's is 0.95%) because there's no security selection cost.

When was PROVX launched?

Provident Trust Strategy Fund (PROVX) launched in December 1986 and is managed by the fund issuer.

How has PROVX performed?

PROVX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.