Paradigm Micro-Cap Fund

Frequently Asked Questions About PVIVX

What does PVIVX invest in?

The Paradigm Micro-Cap Fund primarily allocates at least 80% of its net holdings to the common stock of micro-capitalization companies based in the United States. The fund's advisor defines a micro-cap entity as one whose market value at the time of acquisition falls within the range established by the Russell Microcap® Index during its most recent reconstitution. The portfolio may, at certain intervals, concentrate more heavily in particular industry sectors. Shares are typically divested when they have reached the valuation targets set by the advisor, or when more compelling investment opportunities offering greater potential returns are identified.

What is the expense ratio of PVIVX?

Paradigm Micro-Cap Fund (PVIVX) charges an expense ratio of 1.27%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PVIVX?

Paradigm Micro-Cap Fund (PVIVX) manages $185.4M 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 PVIVX actively managed or an index fund?

PVIVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PVIVX launched?

Paradigm Micro-Cap Fund (PVIVX) launched in January 2008 and is managed by the fund issuer.

How has PVIVX performed?

PVIVX'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.