PD High Yield Bond Market Portfolio
Data updated: 2026-08-11
C000078109 — PD High Yield Bond Market Portfolio. Intermediate Corporate Bond · $279.90M AUM. Holdings, fees, performance and SEC filings.
C000078109 Fund Overview
PD High Yield Bond Market Portfolio is a US mutual fund managed by Pacific Select Fund, categorised as Intermediate Corporate 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: Intermediate Corporate Bond
- Assets under management: $279.90M
- 1-year return: 6.0%
- SEC CIK: 0000813900
- SEC series ID: S000026040
- Share class ID: C000078109
C000078109 Investment Objective and Strategy
PD High Yield Bond Market 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 investment results that correspond generally to the total return of an index that tracks the U.S. high yield corporate bond market.
Principal investment strategy
Under normal circumstances, this Fund invests at least 80% of its assets in non-investment grade (high yield/high risk) debt instruments, including instruments with characteristics of non-investment grade debt instruments (such as derivatives). Non-investment grade (high yield/high risk) debt instruments are sometimes called junk bonds. These instruments are those that are included in the Bloomberg US High-Yield 2% Issuer Capped Bond Index (High Yield Index) or have economic characteristics similar to securities included in that index. The sub-adviser seeks to match the total return of the High Yield Index, before taking into account Fund costs (fees and expenses). The High Yield Index is an index that is an issuer constrained version of the Bloomberg US Corporate High-Yield Bond Index which covers the U.S.
dollar-denominated, non-investment grade, fixed-rate taxable corporate bond market and limits issuer exposures to a maximum of 2% and redistributes the excess market value index-wide on a pro-rata basis. The High Yield Index represents the securities of the U.S. dollar-denominated non-investment grade bond market. The sub-adviser does not intend to purchase all of the securities in the High Yield Index, but rather will utilize a sampling methodology. Sampling means that the sub-adviser will select securities that represent a sample of securities in the High Yield Index that have a similar investment profile as the entire High Yield Index in terms of key risk factors, performance attributes and other characteristics. The sub-adviser generally expects the Fund to hold less than the total number of securities in the High Yield Index, but reserves the right to hold as many securities as it believes necessary to meet the Funds investment goal.
The quantity of holdings in the Fund will be based on a number of factors, including the Funds asset size. The Fund will not concentrate, except to the same approximate extent as its index may concentrate in the securities of a particular industry or group of industries (also known as a sector). The weightings of the Fund are likely to change over time as the composition of the index changes over time. The Fund will not deviate from the above noted strategies at any time for any reason. The Fund may lend its portfolio holdings to certain financial institutions.
C000078109 Holdings
Top 10 holdings of PD High Yield Bond Market Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Clear Street | 3.21% |
| Pacific Life U.S. Government Fund Direct | 2.60% |
| Swib | 1.49% |
| Meridian Arc Holdco LLC | 0.42% |
| 1261229 Bc Ltd. | 0.42% |
| Cloud Software Grp, Inc. | 0.34% |
| Pr Rno Property Owner 1 | 0.34% |
| Echostar Corp. | 0.34% |
| Venture Global Plaque | 0.31% |
| Centene Corp. | 0.30% |
C000078109 Portfolio Allocation
Asset-class allocation of PD High Yield Bond Market Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.3% |
| Cash & Equivalents | 7.3% |
| Equity | 0.1% |
C000078109 Performance
Total returns for C000078109 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.9% |
| 1 year | 6.0% |
| 3 years (annualised) | 8.8% |
| 5 years (annualised) | 4.1% |
C000078109 Risk Information
Risk metrics for C000078109, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.5%
C000078109 Costs and Fees
C000078109 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 166%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000078109 Cashflows
Over the 12 months to 2026-06, PD High Yield Bond Market Portfolio had net inflows of $18.73M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $18.70M |
| 2026-05 | −$4.19M |
| 2026-04 | −$3.38M |
| 2026-03 | −$13.16M |
| 2026-02 | −$198.24K |
| 2026-01 | −$2.92M |
C000078109 Debt Constituents
Largest debt holdings of PD High Yield Bond Market Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Meridian Arc Holdco LLC | 0.42% |
| 1261229 Bc Ltd. | 0.42% |
| Cloud Software Grp, Inc. | 0.34% |
| Pr Rno Property Owner 1 | 0.34% |
| Echostar Corp. | 0.34% |
| Venture Global Plaque | 0.31% |
| Centene Corp. | 0.30% |
| Cloud Software Grp, Inc. | 0.29% |
| Davita, Inc. | 0.29% |
| Sv Rno Property Owner 1 | 0.28% |
C000078109 Prospectus and SEC Filings
Official PD High Yield Bond Market 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 Intermediate Corporate 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.