# PENN Capital Small/Mid Cap Equity Fund — new fund registration

PENN Capital Funds Trust registered 4 new fund series on Form N-1A, filed 2014-11-13. Featured series: PENN Capital Small/Mid Cap Equity Fund.

## Registration

- Registrant / trust: PENN Capital Funds Trust
- CIK: 0001618627
- Form: N-1A
- Filed: 2014-11-13
- State of incorporation: DE
- Accession: 0001582816-14-000626
- Reported net assets: $5.9M

## Series & classes (8)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [PENN Capital Small/Mid Cap Equity Fund](https://search.stillhousedata.com/fund/S000048026) | Institutional Class | PSMPX | Yes |
| [PENN Capital Small/Mid Cap Equity Fund](https://search.stillhousedata.com/fund/S000048026) | Investor Class | PSMQX | Yes |
| [PENN Capital Small Cap Equity Fund](https://search.stillhousedata.com/fund/S000048027) | Institutional Class | PSCNX | Yes |
| [PENN Capital Small Cap Equity Fund](https://search.stillhousedata.com/fund/S000048027) | Investor Class | PSCQX | Yes |
| [PENN Capital Opportunistic High Yield Fund](https://search.stillhousedata.com/fund/S000048028) | Institutional Class | PHYNX | Yes |
| [PENN Capital Opportunistic High Yield Fund](https://search.stillhousedata.com/fund/S000048028) | Investor Class | PHYVX | Yes |
| [PENN Capital Senior Floating Rate Income Fund](https://search.stillhousedata.com/fund/S000048029) | Institutional Class | PFRNX | Yes |
| [PENN Capital Senior Floating Rate Income Fund](https://search.stillhousedata.com/fund/S000048029) | Investor Class | PFRVX | Yes |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.00%
- Gross expense ratio: 2.11%
- Management fee: 0.90%
- Net expense ratio: 1.06%
- Other expenses: 1.21%

## Investment objective

The Penn Capital Mid Cap Core Fund (the Fund) seeks to provide capital appreciation.

## Advisers

- [Penn Capital Management Company LLC (Advisor)](https://search.stillhousedata.com/firm/105081)

## Other filings by this registrant (15)

- [485APOS — 2026-07-31 (2 new series)](https://search.stillhousedata.com/launch/0001999371-26-016640)
- [485APOS — 2026-07-30 (1 new series)](https://search.stillhousedata.com/launch/0001398344-26-013148)
- [485APOS — 2026-06-03 (1 new series)](https://search.stillhousedata.com/launch/0001999371-26-011954)
- [485APOS — 2026-04-20 (2 new series)](https://search.stillhousedata.com/launch/0001398344-26-006734)
- [485APOS — 2026-03-05 (1 new series)](https://search.stillhousedata.com/launch/0001398344-26-004461)
- [485APOS — 2026-01-20 (2 new series)](https://search.stillhousedata.com/launch/0001999371-26-001237)
- [485APOS — 2025-12-31 (1 new series)](https://search.stillhousedata.com/launch/0001999371-25-021416)
- [485APOS — 2025-12-23 (1 new series)](https://search.stillhousedata.com/launch/0001999371-25-021074)
- [485APOS — 2025-11-21 (1 new series)](https://search.stillhousedata.com/launch/0001999371-25-018397)
- [485APOS — 2025-10-29](https://search.stillhousedata.com/launch/0001398344-25-019934)
- [485APOS — 2025-10-15 (2 new series)](https://search.stillhousedata.com/launch/0001999371-25-015462)
- [485APOS — 2025-10-10 (2 new series)](https://search.stillhousedata.com/launch/0001398344-25-019060)

## More

- [Registrant profile: PENN Capital Funds Trust](https://search.stillhousedata.com/registrant/1618627)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0001582816-14-000626.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.