Perritt Ultra MicroCap Fund (PREOX) NASDAQ

15.63

-0.0332(-0.21%)

Updated at October 25, 2024 08:01PM

Currency In USD

Perritt Ultra MicroCap Fund

Address

300 S. Wacker Drive

Chicago, IL 60606

United States of America

Phone

312-669-1650

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

September 13, 2004

Key Executives

N/A

Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of United States companies with market capitalizations that are below $300 million at the time of initial purchase, which the fund's investment adviser refers to as "micro-cap" companies. The micro-cap companies in which the fund may invest include "early stage" micro-cap companies, which are companies that are in a relatively early stage of development with market capitalizations that are below $50 million.