Floating Rate Income Portfolio
Data updated: 2026-08-11
C000111629 — Floating Rate Income Portfolio. Short Corporate Bond · $411.82M AUM · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
C000111629 Fund Overview
Floating Rate Income Portfolio is a US mutual fund managed by Pacific Select Fund, categorised as Short 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: Short Corporate Bond
- Assets under management: $411.82M
- 1-year return: 4.8%
- SEC CIK: 0000813900
- SEC series ID: S000036461
- Share class ID: C000111629
C000111629 Investment Objective and Strategy
Floating Rate Income 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 a high level of current income.
Principal investment strategy
This Fund invests principally in income producing floating rate loans and floating rate debt securities. Under normal circumstances, this Fund invests at least 80% of its assets in floating rate loans and floating rate debt securities. Floating rate loans and floating rate debt securities are those with interest rates which float, adjust or vary periodically based upon a benchmark indicator, a specified adjustment schedule or prevailing interest rates. Floating rate loans and floating rate debt securities in which the Fund invests consist of senior secured and unsecured floating rate loans, secured and unsecured second lien floating rate loans, and floating rate debt securities of domestic and foreign issuers. Senior floating rate loans and some floating rate debt securities are debt instruments that may have a right to payment that is senior to most other debts of the borrowers.
Second lien loans are generally second in line in terms of repayment priority with respect to the pledged collateral. Borrowers may include corporations, partnerships and other entities that operate in a variety of industries and geographic regions. Generally, secured floating rate loans are secured by specific assets of the borrower. Floating rate loans will generally be purchased from banks or other financial institutions through assignments or participations. A direct interest in a floating rate loan may be acquired directly from the agent of the lender or another lender by assignment or an indirect interest may be acquired as a participation in another lenders portion of a floating rate loan. The Fund is expected to invest substantially all of its assets in floating rate loans and other debt instruments that are rated non-investment grade or, if unrated, are of comparable quality as determined by the sub-adviser.
The Fund may invest up to 20% of its assets in other types of debt instruments or securities including non-investment grade (high yield/high risk, sometimes called junk bonds) debt instruments. The Fund may invest up to 25% of its assets in U.S. dollar-denominated foreign investments, principally in developed markets. Fundamental Research Process. Individual investment selection is based on the sub-advisers fundamental research process. The sub-advisers fundamental research process combines a bottom-up issuer analysis and top-down market assessment. A bottom-up issuer analysis relies upon the sub-advisers fundamental research analysis of individual issuers. A top-down market assessment provides a framework for portfolio risk positioning and sector allocations. Once this is determined, the sub-adviser looks for companies that it believes have sustainable competitive positions, strong management teams and the ability to repay or refinance its debt obligations.
The sub-adviser performs a credit analysis on each potential issuer and a relative value analysis for each potential investment. When selecting investments, the sub-adviser may invest in instruments that it believes have the potential for capital appreciation. An investment is generally sold when the sub-adviser believes that issue has realized its price appreciation target, the issue no longer offers relative value, or an adverse change in corporate or sector fundamentals has occurred. The Fund may lend its portfolio holdings to certain financial institutions.
C000111629 Holdings
Top 10 holdings of Floating Rate Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Gainwell Acquisition Corp | 4.30% |
| TK Elevator US Newco Inc | 3.46% |
| Proofpoint, Inc. | 3.43% |
| CRC Insurance Group LLC | 3.33% |
| Covetrus Inc | 3.06% |
| RealPage Inc | 2.33% |
| Discovery Global Holdings, Inc. | 2.33% |
| Allied Universal Holdco LLC | 2.23% |
| Clear Street | 2.18% |
| CoreLogic Inc | 2.16% |
C000111629 Portfolio Allocation
Asset-class allocation of Floating Rate Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 90.3% |
| Equity | 5.4% |
| Cash & Equivalents | 5.0% |
| Fixed Income | 2.1% |
C000111629 Performance
Total returns for C000111629 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 4.8% |
| 3 years (annualised) | 7.2% |
| 5 years (annualised) | 5.8% |
C000111629 Risk Information
Risk metrics for C000111629, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.2%
C000111629 Costs and Fees
C000111629 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 174%
- Brokerage commissions: 0.33 bps of average net assets (SEC N-CEN)
C000111629 Cashflows
Over the 12 months to 2026-06, Floating Rate Income Portfolio had net inflows of $46.74M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $80.38M |
| 2026-05 | −$2.03M |
| 2026-04 | −$3.81M |
| 2026-03 | −$1.59M |
| 2026-02 | −$3.49M |
| 2026-01 | −$4.52M |
C000111629 Debt Constituents
Largest debt holdings of Floating Rate Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Corelogic, Inc. | 0.77% |
| Goat Holdco LLC | 0.69% |
| Qxo Building Products | 0.39% |
| Ellucian Holdings, Inc. | 0.22% |
| Wand Newco 3, Inc. | 0.03% |
C000111629 Prospectus and SEC Filings
Official Floating Rate Income 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 Short 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.