# Provident Trust Strategy Fund (PROVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/provx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 1986-12-23 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. ## Key Facts | Metric | Value | |---|---| | Price | $19.72 | | Expense Ratio | 0.95% | | Assets Under Management | $178.6M | | NAV | $19.72 | | Holdings Count | — | | Distribution Yield (TTM) | 16.08% | | Annual Distribution (TTM) | $3.17 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.37 – $22.20 | | Beta | 0.84 | ## Latest Distribution - Amount: $3.1713 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-19 ## Frequently Asked Questions ### 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. ### Does PROVX pay a dividend? Provident Trust Strategy Fund (PROVX) currently distributes little or no income. Trailing-twelve-month yield is 16.08%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PROVX pay dividends? Provident Trust Strategy Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PROVX's dividend yield? PROVX's trailing-twelve-month yield is 16.08%, calculated from the sum of dividends over the past year divided by the current price. ### When is PROVX's next ex-dividend date? The most recently announced ex-dividend date for PROVX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PROVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PROVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PROVX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PROVX cost more than a fund like VOO? PROVX is a passive index fund (current expense ratio 0.95%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PROVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PROVX (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/provx - Distribution history: https://www.dividenddata.com/funds/provx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/provx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/provx/expenses - Peer comparison: https://www.dividenddata.com/funds/provx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.