Hedge Fund Database

PENN MUTUAL ASSET MANAGEMENT, LLC

Adviser information for PENN MUTUAL ASSET MANAGEMENT, LLC last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Pennsylvania, United States

Employees

Total Number of Employees 33
Investment Advisory/Research 33
Registered Broker-Dealer Representatives 2
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 40 $33.7B
Non-Discretionary 0 $0
Total 40 $33.7B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 31 $9.7B
Business development companies 0 $0
Pooled investment vehicles 3 $68.6M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 5 $23.7B
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses <5 $180.6M
Other 0 $0
Type Number
No. of Non-RAUM Clients 1
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)
Compensation % of AUM
Other Business Activities Commodity pool operator or commodity trading advisor

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 0
Both for Same 23.7B
Portfolio Manager to Program Sponsor
PENN MUTUAL ASSET MANAGEMENT WRAP FEE PROGRAM PENN MUTUAL ASSET MANAGEMENT, LLC

Identifiers

SEC RIA File Number 801-35477
SEC ERA File Number 801-35477
SEC CIK Numbers 855702
SEC CRD Numbers 107518
Legal Entity Identifier 549300O3G37UC4C5EV40

Principal Office

EIGHT TOWER BRIDGE
161 WASHINGTON STREET, 11TH FLOOR WEST
CONSHOHOCKEN
PA
United States
Monday - Friday, 8:30AM TO 5:00PM
Tel: 215-956-8114, Fax: None

Websites

www.pennmutualam.com twitter.com/pennmutualam www.linkedin.com/company/penn-mutual-asset-management-inc-/

Chief Compliance Officer

VICTORIA ROBINSON
EIGHT TOWER BRIDGE
161 WASHINGTON STREET, 11TH FLOOR WEST
CONSHOHOCKEN
PA
United States
Tel: 215-956-8076
(Full email address available in API data)

Regulatory Contact

CATHY GLONER
ASSOCIATE CHIEF COMPLIANCE OFFICER
EIGHT TOWER BRIDGE
161 WASHINGTON STREET, 11TH FLOOR WEST
CONSHOHOCKEN
PA
United States
Tel: 215-956-8571
(Full email address available in API data)

Industry Affiliates

1847 INSURANCE CAPTIVE, LLC Insurance company or agency
HORNOR, TOWNSEND & KENT, LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersInsurance company or agency
JANNEY CAPITAL MANAGEMENT LLC Other investment adviser, including financial planners
JANNEY MONTGOMERY SCOTT LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersRegistered municipal advisorTrust company
JANNEY TRUST CO LLC Trust company
PIA REINSURANCE COMPANY OF DELAWARE I Insurance company or agency
THE PENN INSURANCE AND ANNUITY COMPANY Insurance company or agency
THE PENN INSURANCE AND ANNUITY COMPANY OF NEW YORK Insurance company or agency
THE PENN MUTUAL LIFE INSURANCE COMPANY Insurance company or agency
VANTIS LIFE INSURANCE COMPANY Insurance company or agency

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PENN MUTUAL ASSET MANAGEMENT MULTI-SERIES FUND (MASTER), LLC - SERIES B OTHER POOLED INVESTMENT FUND $68.6M $1.0M 2

Control Persons

Name Type Entity Title Since Ownership
THE PENN MUTUAL LIFE INSURANCE COMPANY Domestic Entity – OWNER 06/1989 > 75%
O'MALLEY, DAVID, MICHAEL Individual – CHAIRMAN OF THE BOARD OF MANAGERS 06/2014 < 5%
Huckerby, Keith, Gordon Individual – CHIEF OPERATING OFFICER, MANAGER OF BOARD OF MANAGERS 05/2014 < 5%
Robinson, Victoria, Marie Individual – CHIEF COMPLIANCE OFFICER, MANAGER OF BOARD OF MANAGERS 10/2021 < 5%
HEPPENSTALL, MARK, EMORY Individual – PRESIDENT & CIO, MANAGER OF BOARD OF MANAGERS 01/2022 < 5%
RASZEJA, DAVID, MICHAEL Individual – MANAGER OF BOARD OF MANAGERS 01/2022 < 5%
GORDON, AARON, J Individual – MANAGER OF BOARD OF MANAGERS 04/2024 < 5%

No. Employees, Historic

4020020202021202220232024202536 on 3/30/202037 on 3/31/202137 on 2/4/202235 on 3/25/202235 on 5/6/202238 on 3/31/202338 on 4/12/202338 on 5/10/202338 on 5/30/202333 on 3/29/2024

RAUM, Historic

40B20B020202021202220232024202528519310024 on 3/30/202031455781856 on 3/31/202131455781856 on 2/4/202234719865526 on 3/25/202234719865526 on 5/6/202230327835189 on 3/31/202330327835189 on 4/12/202330327835189 on 5/10/202330327835189 on 5/30/202333655762702 on 3/29/2024

No. Clients, Historic

5025020202021202220232024202543 on 3/30/202042 on 3/31/202142 on 2/4/202242 on 3/25/202242 on 5/6/202240 on 3/31/202340 on 4/12/202340 on 5/10/202340 on 5/30/202340 on 3/29/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M CO COM 460K 5K –
AGNC INVT CORP COM 3M 360K –
AGNICO EAGLE MINES LTD COM 317K 5K –
ALCOA CORP COM 278K 7K –
ANNALY CAPITAL MANAGEMENT IN COM NEW 3M 178K –
ARGAN INC COM 249K 3K –
ARMOUR RESIDENTIAL REIT INC COM SHS 3M 174K –
BARRICK GOLD CORP COM 319K 19K –
BRADY CORP CL A 242K 4K –
BWX TECHNOLOGIES INC COM 594K 6K –
CALAVO GROWERS INC COM 341K 15K –
CARDLYTICS INC NOTE 1.000% 9/1 461K – –
COMTECH TELECOMMUNICATIONS C COM NEW 618K 204K –
CONMED CORP NOTE 2.250% 6/1 894K – –
CRACKER BARREL OLD CTRY STOR NOTE 0.625% 6/1 1M – –
DELEK US HLDGS INC NEW COM 285K 12K –
DEVON ENERGY CORP NEW COM 310K 7K –
DUKE ENERGY CORP NEW COM NEW 241K 2K –
EURONET WORLDWIDE INC NOTE 0.750% 3/1 713K – –
EVOLUTION PETE CORP COM 317K 60K –
FIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 413K – –
FIRSTENERGY CORP COM 220K 6K –
FUTUREFUEL CORP COM 390K 76K –
GILDAN ACTIVEWEAR INC COM 512K 14K –
H & E EQUIPMENT SERVICES INC COM 373K 8K –
HALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 1M – –
HEALTHCARE SVCS GROUP INC COM 294K 28K –
HEWLETT PACKARD ENTERPRISE C COM 339K 16K –
HF SINCLAIR CORP COM 430K 8K –
HIMAX TECHNOLOGIES INC SPONSORED ADR 294K 37K –
INTERDIGITAL INC COM 490K 4K –
IONIS PHARMACEUTICALS INC NOTE 0.125%12/1 3M – –
ISHARES TR PFD AND INCM SEC 3M 97K –
JEFFERIES FINL GROUP INC COM 260K 5K –
KAROOOOO LTD ORD SHS 395K 14K –
KEURIG DR PEPPER INC COM 234K 7K –
LENDINGTREE INC NOTE 0.500% 7/1 464K – –
LUXFER HLDGS PLC SHS 385K 33K –
LYONDELLBASELL INDUSTRIES N SHS - A - 214K 2K –
MAGNITE INC NOTE 0.250% 3/1 452K – –
MOSAIC CO NEW COM 202K 7K –
MPLX LP COM UNIT REP LTD 523K 12K –
NATIONAL PRESTO INDS INC COM 338K 5K –
NEW YORK CMNTY BANCORP INC COM 216K 67K –
NIKE INC CL B 268K 4K –
NORDIC AMERICAN TANKERS LIMI COM 426K 107K –
NORDSTROM INC COM 255K 12K –
NORTHERN TECHNOLOGIES INTL C COM 304K 18K –
ORGANON & CO COMMON STOCK 438K 21K –
PEGASYSTEMS INC NOTE 0.750% 3/0 482K – –
PERRIGO CO PLC SHS 200K 8K –
PHATHOM PHARMACEUTICALS INC COM 647K 63K –
PRICESMART INC COM 420K 5K –
REPOSITRAK INC COM NEW 198K 13K –
RICHARDSON ELECTRS LTD COM 461K 39K –
SELECT WATER SOLUTIONS INC CL A COM 269K 25K –
SIGA TECHNOLOGIES INC COM 431K 57K –
UTAH MED PRODS INC COM 421K 6K –
VALHI INC NEW COM 306K 17K –
VANECK ETF TRUST JP MRGAN EM LOC 428K 18K –
VERINT SYSTEMS INC NOTE 0.250% 4/1 461K – –
WALGREENS BOOTS ALLIANCE INC COM 186K 15K –
WELLS FARGO CO NEW PERP PFD CNV A 7M 6K –
WILEY JOHN & SONS INC CL A 407K 10K –
YORK WTR CO COM 278K 8K –