Permanent Portfolio  PRPFX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Conservative Allocation Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
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   Avg Duration
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   Avg Credit Quality
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As of 2009-10-31
Day Change
$ -0.09
  
NAV (2009-11-10)
$ 38.79
  
YTD Return % (2009-11-10)
18.59%
  
Total Assets ($ mil)
4,636
View Data Definitions
  Performance    
Growth of $10,000 Fund: Permanent Portfolio
(from 1999-01-01 to 2009-10-31) Category: Conservative Allocation
Index: Morningstar Moderate Target Risk
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1982-12-01 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 19.84 40.46 7.61 8.66 9.51 6.48
+/- Category 3.33 24.54 7.42 5.91 6.31 ---
+/- Morningstar Moderate Target Risk -0.73 9.37 6.45 3.84 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 15.22 7.32 7.54 8.82 9.51 6.53
Month-End (as of 2009-10-31) 14.55 22.80 6.51 8.20 9.51 6.48
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 22.42 6.25 7.90 8.90 ---
On Distribution & Sale of Shares --- 14.79 5.45 6.96 8.08 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 506 funds), (5 yrs : out of 343 funds), (10 yrs : out of 143 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 13.30
Software 2.45
Hardware 6.26
Media 3.37
Telecommunications 1.22
Service 41.08
Healthcare 4.55
Consumer Services 3.51
Business Services 3.74
Financial Services 29.28
Manufacturing 45.62
Consumer Goods 3.98
Industrial Materials 21.98
Energy 19.66
Utilities 0.00
Bond Quality % of Bonds
AAA ---
AA ---
A ---
BBB ---
BB ---
B ---
Below B ---
Not Rated ---
 
Asset Allocation
% of Net Assets
Cash 15.9
Stocks 30.8
Bonds 28.9
Other 24.4
Foreign Stocks 2.7
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings 76 Turnover % 37
Total Number of Bond Holdings 35 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 39.75 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Gold/US Golden Eagles --- --- --- 6.84
Gold Canadian Maple Leaf --- --- --- 6.78
Gold Bullion Comex Eligible --- --- --- 5.99
Silver Bullion Comex Eligible --- --- --- 4.62
US Treasury Bond 9% --- --- --- 3.26
US Treasury Bond 7.25% --- --- 2.85
US Treasury Bond 6.25% --- --- 2.81
US Treasury Bond 5.25% --- --- 2.57
US Treasury Bond 4.5% --- --- 2.36
U S Treas Bd Stripped Prin Pmt --- --- 1.67
Data through 2009-10-31
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1982-12-01
Portfolio Manager  (Start Date)
Michael J. Cuggino  (2003-05-01)
Cuggino has been the President, Chief Executive Officer, and a Portfolio Manager with Pacific Heights Asset Management, LLC, ("PHAM") since its founding in 2002. Cuggino has been a director of the Fund since 1998 and has been the Chairman of the Board, and President of the Fund since 2003 and Secretary since 2006. From 1993 through 2007, he also served as Treasurer of the Fund. He began managing the Fund on May 1, 2003.
Sales Charge %
(taken from prospectus dated 2009-07-31)
Front: None
Deferred: None
Expense Ratio % 0.84
based on net assets
(taken from annual report dated 2009-01-31)
Correspondence Information
600 Montgomery Street
27th FL Suite 2740
San Francisco,  CA  94111
United States
Telephone:
800-531-5142
254-527-3102
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.