Shareholder Report | 12 Months Ended |
Oct. 31, 2024 USD ($) $ / shares |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Professionally Managed Portfolios |
Entity Central Index Key | 0000811030 |
Entity Investment Company Type | N-1A |
Document Period End Date | Oct. 31, 2024 |
Congress Intermediate Bond ETF | |
Shareholder Report [Line Items] | |
Fund Name | Congress Intermediate Bond ETF |
Class Name | Congress Intermediate Bond ETF |
Trading Symbol | CAFX |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Congress Intermediate Bond ETF for the period of September 9, 2024, to October 31, 2024 |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://etfs.congressasset.com/intermediate-bond-etf.html . You can also request this information by contacting us at (888) 688-1299 |
Additional Information Phone Number | (888) 688-1299 |
Additional Information Website | https://etfs.congressasset.com/intermediate-bond-etf.html |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Congress Intermediate Bond ETF $5 0.35% |
Expenses Paid, Amount | $ 5 |
Expense Ratio, Percent | 0.35% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? The Congress Intermediate Bond ETF (CAFX) outperformed the Bloomberg U.S. Intermediate Government/Credit Total Return Index by seven basis points during the period of inception (09/09/24) to October 31, 2024 with a return of -1.40% compared with -1.47% for the index. During this limited period, the U.S. bond markets incurred weak performance as interest rates with maturities longer than six months rose substantially during this period. The US Treasury 2-year rate was up 0.58% and the US Treasury 10-year rate was up 0.64%. The recent movement higher in rates was primarily due to better-than expected economic releases—which lowered or delayed market expectations of future rate cuts by the Federal Reserve. The primary detractor for the Fund during this short period was the security selection within the Banks/ Financials sector and US Treasury debt exposure. The primary contributor during the period was the overallocation to the Industrials sector and the asset-backed securities exposure. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) Since Inception (09/09/2024) Congress Intermediate Bond ETF NAV -1.40 S&P U.S. Aggregate Bond Index -2.18 Bloomberg Intermediate Government/Credit Index -1.47 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://etfs.congressasset.com/intermediate-bond-etf.html for more recent performance information. Visit https://etfs.congressasset.com/intermediate-bond-etf.html for more recent performance information. |
Net Assets | $ 85,984,148 |
Holdings Count | $ / shares | 33 |
Advisory Fees Paid, Amount | $ 28,277 |
Investment Company Portfolio Turnover | 7% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of October 31, 2024) Net Assets $85,984,148 Number of Holdings 33 Net Advisory Fee $28,277 Portfolio Turnover 7% Average Credit Quality AA-/A+ Effective Duration 3.63 Years 30-Day SEC Yield 4.08% 30-Day SEC Yield Unsubsidized 4.08% Weighted Average Maturity 4.34 Years |
Holdings [Text Block] | Top Holdings (% of Net Assets) United States Treasury Note/ Bond 5.5% United States Treasury Note/ Bond 5.0% United States Treasury Note/ Bond 4.7% United States Treasury Note/ Bond 4.6% United States Treasury Note/ Bond 4.4% United States Treasury Note/ Bond 4.2% United States Treasury Note/ Bond 4.1% United States Treasury Note/ Bond 3.9% Comcast Corp. 3.8% Goldman Sachs Group, Inc. 3.7% Industry (% of Net Assets) Sovereign 36.4% Banks 9.2% Public Finance Activities 7.8% Diversified Telecommunication Services 5.6% Automobile ABS 5.2% Auto Manufacturers 4.2% Media 3.8% Capital Markets 3.7% Electric 3.3% Cash & Other 20.8% |
Updated Prospectus Web Address | https://etfs.congressasset.com/intermediate-bond-etf.html |
Congress Large Cap Growth ETF | |
Shareholder Report [Line Items] | |
Fund Name | Congress Large Cap Growth ETF |
Class Name | Congress Large Cap Growth ETF |
Trading Symbol | CAML |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Congress Large Cap Growth ETF for the period of November 1, 2023, to October 31, 2024 |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://etfs.congressasset.com/ large-cap-growth-etf.html . You can also request this information by contacting us at (888) 688-1299 |
Additional Information Phone Number | (888) 688-1299 |
Additional Information Website | https://etfs.congressasset.com/large-cap-growth-etf.html |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Congress Large Cap Growth ETF $77 0.65% |
Expenses Paid, Amount | $ 77 |
Expense Ratio, Percent | 0.65% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? The Congress Large Cap Growth ETF underperformed the Russell 1000 growth index by 645 bps during the trailing 1 year period ended October 31, 2024 with a return of 36.55% vs. 43.77% for the index. During this period, U.S. equities emerged as the vanguard of global markets, buoyed by an air of investor optimism and a robust economic landscape. Our nation’s economy displayed remarkable resilience, marked by strong labor markets and easing inflation. The top contributors during the year were security selection with consumer staples, security selection within communication services, and security selection within industrials sector. The primary detractors to performance were security selection within information technology, security selection within financials, and asset allocation in healthcare. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year Since Inception (08/21/2023) Congress Large Cap Growth ETF NAV 36.55 26.58 S&P 500 TR 38.02 26.09 Russell 1000 Growth Total Return 43.77 31.79 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://etfs.congressasset.com/large-cap-growth-etf.html for more recent performance information. Visit https://etfs.congressasset.com/large-cap-growth-etf.html for more recent performance information. |
Net Assets | $ 248,445,687 |
Holdings Count | $ / shares | 40 |
Advisory Fees Paid, Amount | $ 932,371 |
Investment Company Portfolio Turnover | 33% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of October 31, 2024) Net Assets $248,445,687 Number of Holdings 40 Net Advisory Fee $932,371 Portfolio Turnover 33% |
Holdings [Text Block] | Top Holdings (% of Net Assets) NVIDIA Corp. 5.2% Apple, Inc. 3.7% Costco Wholesale Corp. 3.3% Meta Platforms, Inc. - Class A 3.3% Eli Lilly & Co. 3.1% ServiceNow, Inc. 3.1% Arista Networks, Inc. 3.1% Eaton Corp. PLC 3.1% Microsoft Corp. 3.1% O’Reilly Automotive, Inc. 2.8% Industry (% of Net Assets) Software 14.8% Semiconductors & Semiconductor Equipment 9.3% Specialty Retail 7.7% Interactive Media & Services 6.0% Health Care Equipment & Supplies 5.2% Pharmaceuticals 5.0% Chemicals 4.5% Capital Markets 4.4% Technology Hardware, Storage & Peripherals 3.7% Cash & Other 39.4% |
Updated Prospectus Web Address | https://etfs.congressasset.com/large-cap-growth-etf.html |
Congress SMid Growth ETF | |
Shareholder Report [Line Items] | |
Fund Name | Congress SMid Growth ETF |
Class Name | Congress SMid Growth ETF |
Trading Symbol | CSMD |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Congress SMid Growth ETF for the period of November 1, 2023, to October 31, 2024 |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://etfs.congressasset.com/ smid-growth-etf.html . You can also request this information by contacting us at (888) 688-1299 |
Additional Information Phone Number | (888) 688-1299 |
Additional Information Website | https://etfs.congressasset.com/smid-growth-etf.html |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Congress SMid Growth ETF $77 0.68% |
Expenses Paid, Amount | $ 77 |
Expense Ratio, Percent | 0.68% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? On a one-year period ending October 31, 2024, the Congress SMid Growth ETF returned 27.78% vs. the Russell 2500 Growth benchmark of 34.21%. The market experienced some volatility in August as investors began to raise concerns on the high costs of developing AI. In addition, the Federal Reserve cut interest rate by 50 basis points spurred a rally that favored lower quality companies. The primary detractor during the period was security selection within Information Technology, primarily not holding Super Micro Computer (+242%) and holding DoubleVerify (-39%). On the other hand, stock selection within Industrial and Consumer Discretionary were positive contributors to the performance. The top individual active contributor was Comfort Systems which returned over 115% in the period. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year Since Inception (08/21/2023) Congress SMid Growth ETF NAV 27.78 13.17 S&P 500 TR 38.02 26.09 Russell 2500 Growth Total Return 34.21 17.24 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://etfs.congressasset.com/smid-growth-etf.html for more recent performance information. Visit https://etfs.congressasset.com/smid-growth-etf.html for more recent performance information. |
Net Assets | $ 196,445,627 |
Holdings Count | $ / shares | 44 |
Advisory Fees Paid, Amount | $ 788,744 |
Investment Company Portfolio Turnover | 23% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of October 31, 2024) Net Assets $196,445,627 Number of Holdings 44 Net Advisory Fee $788,744 Portfolio Turnover 23% 30-Day SEC Yield -0.05% 30-Day SEC Yield Unsubsidized -0.05% |
Holdings [Text Block] | Top Holdings (% of Net Assets) Comfort Systems USA, Inc. 4.1% CyberArk Software Ltd. 3.6% Curtiss-Wright Corp. 3.4% SPS Commerce, Inc. 3.0% Valmont Industries, Inc. 3.0% PTC, Inc. 3.0% Tractor Supply Co. 2.9% First American Treasury Obligations Fund 2.8% BJ’s Wholesale Club Holdings, Inc. 2.8% Summit Materials, Inc. - Class A 2.7% Industry (% of Net Assets) Software 11.7% Health Care Equipment & Supplies 10.1% Construction & Engineering 9.6% Specialty Retail 5.4% Electronic Equipment, Instruments & Components 4.1% Life Sciences Tools & Services 4.0% Aerospace & Defense 3.4% Consumer Staples Distribution & Retail 2.8% Construction Materials 2.7% Cash & Other 46.2% |
Updated Prospectus Web Address | https://etfs.congressasset.com/smid-growth-etf.html |