| PCPAX | |
|---|---|
| Total return | +168.82% |
| Annualised (CAGR) | +10.40% |
| Volatility (annualised) | +16.30% |
| Sharpe (rf = 0) | 0.64 |
| Deepest drawdown | -42.19% |
| Drawdown peak → trough | 2020-01-17 → 2020-03-23 |
| Dividend yield (12m distributions) | 11.71% (as of 2026-10-02) |
Over the 10.0 years to 2026-10-02 the fund returned +168.82% in total (+10.40% a year), with a deepest drawdown of -42.19% from 2020-01-17 to 2020-03-23. Its worst calendar year was 2018 (-10.84%), its best 2021 (+25.68%).
| Year | PCPAX |
|---|---|
| 2026 | +11.40% |
| 2025 | +20.26% |
| 2024 | +12.74% |
| 2023 | +15.08% |
| 2022 | -5.22% |
| 2021 | +25.68% |
| 2020 | -2.64% |
| 2019 | +22.81% |
| 2018 | -10.84% |
| 2017 | +13.82% |
| 2016 | +7.00% |
+168.82% in total, which works out to +10.40% a year over the 10 years to 2026-10-02. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2018 — its calendar-year return was -10.84% (net of fees, dividends reinvested). Its best year was 2021 (+25.68%).
-42.19%, from a peak on 2020-01-17 to a trough on 2020-03-23. From that trough it took 290 days (about 9.5 months) to climb back to the earlier peak.
Over the last 12 months it distributed 11.71% of its share price (as of 2026-10-02). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say PCPAX is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -42.19% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.