Paradigm Select Fund
PFSLX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Nine Elk Street Albany NY United States of America 12207
- IPO Date
- Jan 3, 2005
- CIK
- 0001196878
- Website
- paradigmcapital.com
- Similar Companies
- Business
- Paradigm Select Fund (PFSLX) is a diversified open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of small- to mid-cap companies with market capitalizations between $500 million and $10 billion at the time of purchase, focusing on equities whose market prices do not reflect their true earnings potential as determined through rigorous in-house fundamental analysis, ongoing management dialogue, and assessments of corporate strategy, competitive dynamics, near-term risks, and long-term earnings outlooks; the fund selects securities based on return potential, conviction levels, and evaluations of stock-specific and portfolio risks, aiming to outperform the Russell 2500 Index over time with lower volatility, while maintaining flexibility to be overweight in certain sectors and to sell holdings upon realization of anticipated value or identification of superior opportunities. The fund may also invest in other equity securities including convertible preferred stocks, warrants, rights, exchange-traded funds, foreign securities such as American Depositary Receipts, U.S. government securities, corporate debt securities, repurchase agreements, and real estate investment trusts, subject to limitations such as no more than 15% in illiquid investments and compliance with Rule 18f-4 for derivatives transactions like options, futures, and swaps. Paradigm Select Fund operates within the small-cap domestic equity segment, targeting undervalued companies across various industries for individual and institutional investors including fee-based financial advisors and retail shareholders, with assets under management of approximately $132 million as of the latest reporting. Organized as a series of Paradigm Funds, an Ohio-based open-end investment company established under an Agreement and Declaration of Trust dated September 13, 2002, the fund commenced operations on January 3, 2005, with administrative operations in Broadview Heights, Ohio, and investment advisory services provided by Paradigm Funds Advisor LLC, which assumed advisory obligations from Paradigm Capital Management, Inc. on December 16, 2005 under a management agreement. Recent developments include the issuance of a modest dividend distribution of $0.01 per share in December 2024 with an ex-date of December 26, 2024, and pay date of December 30, 2024, alongside the filing of an updated Statement of Additional Information effective May 1, 2025, reflecting ongoing compliance with regulatory requirements such as the Liquidity Rule and Rule 18f-4, with no reported acquisitions, funding rounds, partnerships, or major strategic shifts in the past 1-2 years; the fund maintained its contractual expense limitation at 1.15% for total annual operating expenses (excluding certain costs) through at least April 30, 2021, with a gross expense ratio of 1.50%.