Pacific Funds Short Duration Income
Data updated: 2023-06-07
C000107274 — Pacific Funds Short Duration Income. Short Bond · $988.89M AUM · 0.75% expense ratio. Holdings, fees, performance and SEC filings.
C000107274 Fund Overview
Pacific Funds Short Duration Income is a US mutual fund managed by Pacific Funds Series Trust, categorised as Short 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 Funds Series Trust
- Category: Short Bond
- Assets under management: $988.89M
- 1-year return: 0.8%
- SEC CIK: 0001137761
- SEC series ID: S000034881
- Share class ID: C000107274
C000107274 Investment Objective and Strategy
Pacific Funds Short Duration Income describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pacific Funds Series Trust.
Investment objective
This Fund seeks current income;
Principal investment strategy
This Fund invests principally in income producing debt instruments. Under normal circumstances, the Fund will invest at least 70% of its assets in investment grade debt instruments, including corporate debt, asset-backed securities, mortgage-related securities, U.S. government securities and agency securities. The Fund may invest up to 30% of its assets in non-investment grade (high yield/high risk, sometimes called junk bonds) debt instruments and floating rate senior loans. Debt securities in which the Fund invests may include those issued by non-U.S. entities denominated in U.S. dollars and are primarily in developed markets. The Fund expects to maintain a weighted average duration within one year (plus or minus) of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index, although the investments held by the Fund may have short, intermediate and long terms to maturity.
Duration is often used to measure a bonds or funds 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 . Maturity of a debt instrument, however, refers to the specific period of time until final payment (principal and any applicable interest) is due. The duration of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index was 1.85 years as of March 31, 2018. Individual investments may be purchased or sold in the event the Manager decides to adjust debt asset class weightings within the portfolio. Individual investment selection is generally based on the Managers fundamental research process. Sector allocations are determined based on the Managers assessment of risk/return opportunities relative to the Funds investment goal and benchmark weightings (Bloomberg Barclays 1-3 Year U.S.
Government/Credit Bond Index). The Manager performs a credit analysis on each potential issuer and a relative value analysis on each potential investment. When selecting investments (including non-income producing investments), the Manager may invest in instruments that it believes have the potential for capital appreciation. Decisions to sell are generally based upon the Managers belief that the particular investment has achieved its valuation target, there have been changes in the fundamentals of the issuer, or another opportunity of greater relative value exists.
C000107274 Performance
Total returns for C000107274 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.8% |
| 3 years (annualised) | 1.8% |
C000107274 Risk Information
Risk metrics for C000107274, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
C000107274 Costs and Fees
C000107274 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.87%
- Portfolio turnover: 60%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000107274 Cashflows
Over the 12 months to 2023-03, Pacific Funds Short Duration Income had net inflows of $1.24B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | $128.75M |
| 2023-02 | $78.01M |
| 2023-01 | $96.06M |
| 2022-12 | $156.34M |
| 2022-11 | $81.44M |
| 2022-10 | $94.10M |
C000107274 Debt Constituents
No individual debt constituents are reported in Pacific Funds Short Duration Income's latest SEC N-PORT filing.
C000107274 Prospectus and SEC Filings
Official Pacific Funds Short Duration Income filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-07-28
- Prospectus (485BPOS) — filed 2021-07-29
- Prospectus (485BPOS) — filed 2020-08-05
- Portfolio holdings (N-PORT) — filed 2023-05-10
- Portfolio holdings (N-PORT) — filed 2023-02-27
- Portfolio holdings (N-PORT) — filed 2022-11-21
- Annual census (N-CEN) — filed 2023-06-07
- Annual census (N-CEN) — filed 2022-06-09
Related Funds
Other Short 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.