Pacific Funds Strategic Income
Data updated: 2023-06-07
C000114647 — Pacific Funds Strategic Income. Developed ex-US Value Equity · $1.47B AUM · 0.69% expense ratio. Holdings, fees, performance and SEC filings.
C000114647 Fund Overview
Pacific Funds Strategic Income is a US mutual fund managed by Pacific Funds Series Trust, categorised as Developed ex-US Value Equity. 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: Developed ex-US Value Equity
- Assets under management: $1.47B
- 1-year return: -2.2%
- SEC CIK: 0001137761
- SEC series ID: S000034882
- Share class ID: C000114647
C000114647 Investment Objective and Strategy
Pacific Funds Strategic 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 a high level of current income. The Fund may also seek capital appreciation.
Principal investment strategy
This Fund invests principally in income producing debt instruments. Under normal circumstances, the Fund will invest up to 70% of its assets in non-investment grade (high yield/high risk, sometimes called junk bonds) debt instruments and floating rate loans. The Fund may invest up to 65% of its assets in investment grade debt instruments, including corporate debt securities, asset-backed securities, mortgage-related securities, U.S. government securities and agency securities. Debt instruments in which the Fund invests may include those issued by non-U.S. entities in developed markets denominated in U.S. dollars. The Funds weighted average duration is expected to be within a range of one to seven years. 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 . The Fund may also invest up to 10% of its assets, but not to exceed 20% in the aggregate, in each of the following investments: non-U.S. dollar denominated debt instruments, convertible securities or equity securities. 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 U.S. Aggregate 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.
C000114647 Performance
Total returns for C000114647 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -2.2% |
| 3 years (annualised) | 6.0% |
C000114647 Risk Information
Risk metrics for C000114647, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.8%
C000114647 Costs and Fees
C000114647 costs about $69 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.69%
- Gross expense ratio: 0.82%
- Portfolio turnover: 40%
- Brokerage commissions: 0.04 bps of average net assets (SEC N-CEN)
C000114647 Cashflows
Over the 12 months to 2023-03, Pacific Funds Strategic Income had net inflows of $1.69B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | $148.82M |
| 2023-02 | $159.01M |
| 2023-01 | $126.09M |
| 2022-12 | $152.33M |
| 2022-11 | $120.61M |
| 2022-10 | $96.44M |
C000114647 Debt Constituents
No individual debt constituents are reported in Pacific Funds Strategic Income's latest SEC N-PORT filing.
C000114647 Prospectus and SEC Filings
Official Pacific Funds Strategic 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 Developed ex-US Value Equity 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.