Fund Evaluator:

Port Street Quality Growth Institutional Overview

Port Street Quality Growth Institutional (PSQGX) is an actively managed Allocation Moderate Allocation fund. Port Street Investments launched the fund in 2014.

The investment seeks total return. Under normal market conditions, the fund invests primarily in equity securities, including common stocks. Although it invests in equity securities issued by companies of any capitalization, the advisor focuses a greater portion of its investments in larger-capitalization ("larger cap") companies, many of which generate income through dividend distributions as well as providing capital appreciation opportunities.

About Port Street Quality Growth Institutional (PSQGX)

There are 2 members of the management team with an average tenure of 12.34 years: Kevin Tanner (2014), Graham Pierce (2014). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) index with a weighting of 100%. Port Street Quality Growth Institutional has 27 securities in its portfolio. The top 10 holdings constitute 67.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Port Street Quality Growth Institutional is part of the Allocation global asset class and is within the Allocation fund group. Port Street Quality Growth Institutional has 13.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 45.5%. There is 13.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 3.0% (3.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Port Street Quality Growth Institutional has 37.9% of the portfolio in cash.

Assets Under Management

The fund has $157 million in total assets, which is below the $2 billion average for the Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

PSQGX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Port Street Quality Growth Institutional expense ratio is high compared to funds in the Moderate Allocation category. Port Street Quality Growth Institutional has an expense ratio of 0.97%, which is 2% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Port Street Quality Growth Institutional has a portfolio turnover rate of 9%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 52% for the Moderate Allocation category.

Recently, in the month of July 2026, Port Street Quality Growth Institutional returned 1.2%, which earned it a grade of A, as the Moderate Allocation category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Port Street Quality Growth Institutional has a trailing yield of 1.48%, which is below the 1.97% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Port Street Quality Growth Institutional Grades

Year to date, the fund has returned 4.2%, 2.3 percentage points worse than the category, which translates into a grade of F. The fund has returned 12.1% over the past year (grade of D), 8.7% over the past three years (grade of F) and 5.8% per year over the past five years (grade of D) and 7.7% per year over the past 10 years (grade of D).

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