About the Adviser of Penn Capital Funds

Penn Capital Management Company, Inc. (Penn Capital) founded in 1987, is an independent, 100% employee owned SEC registered investment management firm based in Philadelphia.

At Penn Capital, our fully integrated credit and equity research process allows us to construct a more comprehensive mosaic to identify inefficient security pricing. As capital structure generalists, our investment professionals are responsible for understanding the entire capital structure of the companies they follow.

Our mission is to bring the potential benefits of our Complete Capital Structure Analysis® to mutual fund investors. Understanding company liquidity, bank loan and bond covenants, maturity walls, equity issuance or repurchase potential, and refinancing opportunities provide unique insight into the under or overvaluation of debt and equity. Penn Capital’s family of mutual funds reflect this approach to investing.

 


BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER RELEVANT INFORMATION CAN BE FOUND IN THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION, COPIES OF WHICH MAY BE OBTAINED BY CALLING 844-302-PENN (7366) OR BY VISITING WWW.PENNCAPITALFUNDS.COM. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

Foreside Fund Services, LLC, Distributor.