Managed Bond Portfolio
Data updated: 2026-08-11
C000078080 — Managed Bond Portfolio. Long Total / Aggregate Bond · $1.56B AUM · 1.07% expense ratio. Holdings, fees, performance and SEC filings.
C000078080 Fund Overview
Managed Bond Portfolio is a US mutual fund managed by Pacific Select Fund, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Pacific Select Fund
- Category: Long Total / Aggregate Bond
- Assets under management: $1.56B
- 1-year return: 5.2%
- SEC CIK: 0000813900
- SEC series ID: S000026011
- Share class ID: C000078080
C000078080 Investment Objective and Strategy
Managed Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pacific Select Fund.
Investment objective
This Fund seeks to maximize total return consistent with prudent investment management.
Principal investment strategy
Under normal circumstances, this Fund invests at least 80% of its assets in debt instruments, including instruments with characteristics of debt instruments (such as derivatives). The debt instruments in which the Fund principally invests are investment grade debt securities with varying terms to maturity (the period of time until final payment is due). The debt instruments in which the Fund invests include those issued by the U.S. government or its agencies; mortgage-related securities; asset-backed securities; commercial paper and other money market instruments; debt securities issued by foreign governments in developed countries or their agencies; debt securities issued by U.S. and foreign companies in developed countries; and convertible securities and inflation-indexed debt securities.
The Fund may invest up to 20% of its assets in securities of developed market foreign issuers that are denominated in foreign currencies, although the Fund will normally limit its foreign currency exposure from these foreign currency-denominated securities and currencies to 10% of its assets. To maintain this 10% limit, the sub-adviser will hedge back any foreign currency-denominated investments exceeding this 10% limit into U.S. dollars by using foreign currency derivatives such as foreign currency futures, options and forward commitments. The Fund may invest beyond the above limits in U.S. dollar-denominated securities of developed market foreign issuers. Duration management is a fundamental part of the management strategy for this Fund. Duration is often used to measure a bonds sensitivity to interest rates.
The longer a funds duration, the more sensitive it is to interest rate risk . The shorter a funds duration, the less sensitive it is to interest rate risk . When selecting securities, the sub-adviser: ? Decides what duration to maintain. Generally, the sub-adviser expects the Funds weighted average duration to be within approximately 2 years (plus or minus) of the duration of the Bloomberg US Aggregate Bond Index. As of December 31, 2025, the duration of the Bloomberg US Aggregate Bond Index was 5.94 years, and the duration of the Fund was 6.49 years. ? Decides how to allocate among short, intermediate and long duration issues and how much should be invested in various types of instruments. ? Chooses companies to invest in by carrying out a credit analysis of potential investments. ? The sub-adviser may also invest in derivatives based on debt securities and frequently uses futures contracts, forward commitments, swaps and options contracts ( i.e., derivatives).
Futures contracts are purchased and sold to adjust interest rate exposure (duration) and/or as a substitute for the physical security. Foreign currency futures contracts, forward commitments or options are purchased or sold to gain or increase exposure to various currency markets and/or to hedge against currency fluctuations. Interest rate swaps are used to adjust interest rate exposures and/or as a substitute for the physical security. Credit default swaps are used to manage default risk of an issuer and/or to gain exposure to a portion of the debt market or an individual issuer. Options are primarily purchased to manage interest rate and volatility exposures or are sold to generate income. The sub-adviser may invest in forward commitments ( i.e., securities that are purchased or sold with payment and delivery taking place in the future), such as when issued securities, and mortgage TBA (to be announced) transactions, which are purchased to gain exposure to the mortgage market.
The Fund may seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as sale-buybacks or dollar rolls). The sub-adviser may sell a holding when it fails to perform as expected or when other opportunities appear more attractive. The Fund may lend its portfolio holdings to certain financial institutions.
C000078080 Holdings
Top 10 holdings of Managed Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 8.67% |
| Umbs, Tba | 8.44% |
| Umbs, Tba | 6.36% |
| United States Treasury | 5.25% |
| Umbs, Tba | 3.31% |
| United States Treasury | 2.42% |
| Umbs, Tba | 1.83% |
| United States Treasury | 1.67% |
| Clear Street | 1.56% |
| Government National Mortgage Association | 1.51% |
C000078080 Portfolio Allocation
Asset-class allocation of Managed Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 73.7% |
| Securitized | 68.7% |
| Cash & Equivalents | 3.6% |
| Real Estate | 1.2% |
| Derivatives | 0.7% |
| Loans | 0.2% |
| Equity | 0.1% |
C000078080 Performance
Total returns for C000078080 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 5.2% |
| 3 years (annualised) | 5.5% |
| 5 years (annualised) | 0.7% |
C000078080 Risk Information
Risk metrics for C000078080, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.7%
C000078080 Costs and Fees
C000078080 costs about $107 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.07%
- Gross expense ratio: 1.07%
- Portfolio turnover: 570%
- Brokerage commissions: 0.33 bps of average net assets (SEC N-CEN)
C000078080 Cashflows
Over the 12 months to 2026-06, Managed Bond Portfolio had net outflows of $237.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $38.19M |
| 2026-05 | −$9.44M |
| 2026-04 | −$9.93M |
| 2026-03 | −$225.47M |
| 2026-02 | −$9.85M |
| 2026-01 | −$13.08M |
C000078080 Debt Constituents
Largest debt holdings of Managed Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 5.25% |
| United States Treasury | 2.42% |
| United States Treasury | 1.67% |
| United States Treasury | 1.29% |
| United States Treasury | 1.28% |
| United States Treasury | 1.22% |
| United States Treasury | 1.16% |
| Republic Of South Africa | 1.16% |
| Beignet Investor LLC | 1.00% |
| United States Treasury | 0.85% |
C000078080 Prospectus and SEC Filings
Official Managed Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-11
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-18
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-10
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.