MUHLENKAMP FUND (MUHLX)
FUND PERFORMANCEPERFORMANCE
MUHLENKAMP FUND (MUHLX)
| NAV | $56.62 |
| NAV Change (Dollars) | $0.41 |
| NAV Change (Percentage) | 0.73% |
| YTD (Percentage) | -1.03% |
| As of Date | 6/27/2022 |
For a printer-friendly version of the Average Annual Returns, the Top 20 Holdings, and other Fund data, view the Quarterly Fund Fact Sheet.
Performance data quoted, before and after taxes, represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.
Muhlenkamp Fund Average Annual Return
MONTHLY – AS OF 5/31/2022
Return Before Taxes
Year to Date
5.44%
Past Year
11.49%
Past 3 Years
19.77%
Past 5 Years
11.24%
Past 10 Years
9.20%
Past 15 Years
3.35%
Since Inception (11/01/88)
9.18%
Return After Taxes on Distributions*
Year to Date
5.44%
Past Year
9.56%
Past 3 Years
18.07%
Past 5 Years
9.39%
Past 10 Years
7.46%
Past 15 Years
2.06%
Since Inception (11/01/88)
8.39%
Return After Taxes on Distributions and Sale of Fund Shares*
Year to Date
3.22%
Past Year
8.02%
Past 3 Years
15.38%
Past 5 Years
8.51%
Past 10 Years
7.10%
Past 15 Years
2.39%
Since Inception (11/01/88)
8.04%
S&P 500**
Year to Date
-12.76%
Past Year
-0.30%
Past 3 Years
16.44%
Past 5 Years
13.38%
Past 10 Years
14.40%
Past 15 Years
9.04%
Since Inception (11/01/88)
10.69%
Consumer Price Index***
Year to Date
3.70%
Past Year
8.26%
Past 3 Years
4.20%
Past 5 Years
3.41%
Past 10 Years
2.31%
Past 15 Years
2.26%
Since Inception (11/01/88)
2.66%
Muhlenkamp Fund Average Annual Return
QUARTERLY – AS OF 3/31/2022
Return Before Taxes
Year to Date
5.38%
Past Year
20.66%
Past 3 Years
17.54%
Past 5 Years
11.21%
Past 10 Years
8.21%
Past 15 Years
4.13%
Since Inception (11/01/88)
9.23%
Return After Taxes on Distributions*
Year to Date
5.38%
Past Year
18.58%
Past 3 Years
15.87%
Past 5 Years
9.36%
Past 10 Years
6.48%
Past 15 Years
2.83%
Since Inception (11/01/88)
8.43%
Return After Taxes on Distributions and Sale of Fund Shares*
Year to Date
3.19%
Past Year
13.56%
Past 3 Years
13.57%
Past 5 Years
8.49%
Past 10 Years
6.25%
Past 15 Years
3.04%
Since Inception (11/01/88)
8.08%
S&P 500**
Year to Date
-4.60%
Past Year
15.65%
Past 3 Years
18.92%
Past 5 Years
15.99%
Past 10 Years
14.64%
Past 15 Years
10.26%
Since Inception (11/01/88)
11.05%
Consumer Price Index***
Year to Date
1.76%
Past Year
7.87%
Past 3 Years
3.92%
Past 5 Years
3.10%
Past 10 Years
2.33%
Past 15 Years
2.24%
Since Inception (11/01/88)
2.61%
EXPENSE RATIO
Gross Expense Ratio: 1.30%
Net Expense Ratio: 1.14% (The advisor has contractually agreed to cap expenses through 4/30/2023.)
Annual Returns SINCE INCEPTION
ONE-YEAR PERIOD ENDING 12/31/####
1988
Total Return Muhlenkamp Fund
NA
Total Return S&P 500 Index**
16.61%
Portfolio Turnover Rate
10.04%
Net Asset Value
NA
Total Assets (In Millions)
$1
1989
Total Return Muhlenkamp Fund
12.50%
Total Return S&P 500 Index**
31.69%
Portfolio Turnover Rate
34.46%
Net Asset Value
$11.04
Total Assets (In Millions)
$1
1990
Total Return Muhlenkamp Fund
-14.80%
Total Return S&P 500 Index**
-3.10%
Portfolio Turnover Rate
47.47%
Net Asset Value
$9.21
Total Assets (In Millions)
$1
1991
Total Return Muhlenkamp Fund
45.40%
Total Return S&P 500 Index**
30.47%
Portfolio Turnover Rate
52.50%
Net Asset Value
$13.25
Total Assets (In Millions)
$2
1992
Total Return Muhlenkamp Fund
15.80%
Total Return S&P 500 Index**
7.62%
Portfolio Turnover Rate
20.10%
Net Asset Value
$15.20
Total Assets (In Millions)
$5
1993
Total Return Muhlenkamp Fund
18.10%
Total Return S&P 500 Index**
10.08%
Portfolio Turnover Rate
14.10%
Net Asset Value
$17.86
Total Assets (In Millions)
$12
1994
Total Return Muhlenkamp Fund
-7.20%
Total Return S&P 500 Index**
1.32%
Portfolio Turnover Rate
25.60%
Net Asset Value
$16.23
Total Assets (In Millions)
$17
1995
Total Return Muhlenkamp Fund
32.90%
Total Return S&P 500 Index**
37.58%
Portfolio Turnover Rate
22.70%
Net Asset Value
$21.26
Total Assets (In Millions)
$24
1996
Total Return Muhlenkamp Fund
29.96%
Total Return S&P 500 Index**
22.96%
Portfolio Turnover Rate
16.90%
Net Asset Value
$27.52
Total Assets (In Millions)
$42
1997
Total Return Muhlenkamp Fund
33.28%
Total Return S&P 500 Index**
33.36%
Portfolio Turnover Rate
13.89%
Net Asset Value
$36.55
Total Assets (In Millions)
$125
1998
Total Return Muhlenkamp Fund
3.22%
Total Return S&P 500 Index**
28.58%
Portfolio Turnover Rate
27.03%
Net Asset Value
$37.65
Total Assets (In Millions)
$195
1999
Total Return Muhlenkamp Fund
11.40%
Total Return S&P 500 Index**
21.04%
Portfolio Turnover Rate
14.52%
Net Asset Value
$41.11
Total Assets (In Millions)
$179
2000
Total Return Muhlenkamp Fund
25.30%
Total Return S&P 500 Index**
-9.10%
Portfolio Turnover Rate
32.04%
Net Asset Value
$48.98
Total Assets (In Millions)
$267
2001
Total Return Muhlenkamp Fund
9.33%
Total Return S&P 500 Index**
-11.89%
Portfolio Turnover Rate
10.52%
Net Asset Value
$53.55
Total Assets (In Millions)
$540
2002
Total Return Muhlenkamp Fund
-19.92%
Total Return S&P 500 Index**
-22.10%
Portfolio Turnover Rate
11.17%
Net Asset Value
$42.89
Total Assets (In Millions)
$600
2003
Total Return Muhlenkamp Fund
48.07%
Total Return S&P 500 Index**
28.69%
Portfolio Turnover Rate
9.15%
Net Asset Value
$63.51
Total Assets (In Millions)
$1,157
2004
Total Return Muhlenkamp Fund
24.51%
Total Return S&P 500 Index**
10.88%
Portfolio Turnover Rate
7.00%
Net Asset Value
$78.97
Total Assets (In Millions)
$1,992
2005
Total Return Muhlenkamp Fund
7.88%
Total Return S&P 500 Index**
4.91%
Portfolio Turnover Rate
6.05%
Net Asset Value
$84.44
Total Assets (In Millions)
$3,084
2006
Total Return Muhlenkamp Fund
4.08%
Total Return S&P 500 Index**
15.80%
Portfolio Turnover Rate
11.58%
Net Asset Value
$87.15
Total Assets (In Millions)
$2,880
2007
Total Return Muhlenkamp Fund
-9.66%
Total Return S&P 500 Index**
5.49%
Portfolio Turnover Rate
22.30%
Net Asset Value
$65.00
Total Assets (In Millions)
$1,491
2008
Total Return Muhlenkamp Fund
-40.39%
Total Return S&P 500 Index**
-37.00%
Portfolio Turnover Rate
39.88%
Net Asset Value
$38.60
Total Assets (In Millions)
$608
2009
Total Return Muhlenkamp Fund
31.49%
Total Return S&P 500 Index**
26.46%
Portfolio Turnover Rate
64.78%
Net Asset Value
$50.69
Total Assets (In Millions)
$716
2010
Total Return Muhlenkamp Fund
6.14%
Total Return S&P 500 Index**
15.06%
Portfolio Turnover Rate
75.49%
Net Asset Value
$53.80
Total Assets (In Millions)
$641
2011
Total Return Muhlenkamp Fund
-4.74%
Total Return S&P 500 Index**
2.11%
Portfolio Turnover Rate
42.51%
Net Asset Value
$51.19
Total Assets (In Millions)
$487
2012
Total Return Muhlenkamp Fund
12.52%
Total Return S&P 500 Index**
16.00%
Portfolio Turnover Rate
38.09%
Net Asset Value
$52.22
Total Assets (In Millions)
$427
2013
Total Return Muhlenkamp Fund
34.43%
Total Return S&P 500 Index**
32.39%
Portfolio Turnover Rate
26.21%
Net Asset Value
$68.03
Total Assets (In Millions)
$489
2014
Total Return Muhlenkamp Fund
0.64%
Total Return S&P 500 Index**
13.69%
Portfolio Turnover Rate
33.93%
Net Asset Value
$59.50
Total Assets (In Millions)
$436
2015
Total Return Muhlenkamp Fund
-6.21%
Total Return S&P 500 Index**
1.38%
Portfolio Turnover Rate
19.46%
Net Asset Value
$50.33
Total Assets (In Millions)
$326
2016
Total Return Muhlenkamp Fund
-3.70%
Total Return S&P 500 Index**
11.96%
Portfolio Turnover Rate
39.75%
Net Asset Value
$48.47
Total Assets (In Millions)
$255
2017
Total Return Muhlenkamp Fund
18.77%
Total Return S&P 500 Index**
21.83%
Portfolio Turnover Rate
19.32%
Net Asset Value
$55.21
Total Assets (In Millions)
$260
2018
Total Return Muhlenkamp Fund
-13.29%
Total Return S&P 500 Index**
-4.38%
Portfolio Turnover Rate
9.55%
Net Asset Value
$41.71
Total Assets (In Millions)
$187
2019
Total Return Muhlenkamp Fund
14.39%
Total Return S&P 500 Index**
31.49%
Portfolio Turnover Rate
40.19%
Net Asset Value
$47.12
Total Assets (In Millions)
$186
2020
Total Return Muhlenkamp Fund
11.86%
Total Return S&P 500 Index**
18.40%
Portfolio Turnover Rate
24.64%
Net Asset Value
$47.79
Total Assets (In Millions)
$180
2021
Total Return Muhlenkamp Fund
29.02%
Total Return S&P 500 Index**
28.71%
Portfolio Turnover Rate
8.06%
Net Asset Value
$57.21
Total Assets (In Millions)
$202
Mutual fund investing involves risk. Principal loss is possible.
* After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on your situation and may differ from those shown. Furthermore, the after-tax returns shown are not relevant to those who hold their shares through tax-deferred arrangements such as 401(k) plans or IRA. Please consult your tax adviser for advice concerning your particular situation and for any updates to the tax law.
** The S&P 500 is a widely recognized, un-managed index of common stock prices. The figures for the S&P 500 reflect all dividends reinvested but does not reflect any deductions for fees, expenses, or taxes. It is not possible to invest directly in an index.
*** Consumer Price Index (CPI) – As of February 2022 – U.S. CPI Urban Consumers NSA (Non-Seasonally Adjusted), Index. The Consumer Price Index tracks the prices paid by urban consumers for goods and services and is generally accepted as a measure of price inflation. Price inflation affects consumers’ purchasing power.