As noted in this month’s issue, PMEFX is shutting down next month. M* labels it a Moderately Conservative Allocation fund while Lipper labels it a Mixed-Asset Target Allocation Growth.
As
@DavidSnowball noted in the
May 2024 issue (as prodded by
@shipwreckedandalone), it was, at the time, outperforming the Lipper averages for conservative and moderate allocation funds as well as VWINX.
I’ve been a fan of the managers’ approach since they managed the old Berwyn Income fund and am now looking for something with similar risk-adjusted performance and downside protection to fill that slot in my portfolio.
Comments
In 2018, it lost -6%...it's only down year in the past decade (2022 was a wash).