Portfolio Optimization Conservative Portfolio
Data updated: 2026-08-11
C000211243 — Portfolio Optimization Conservative Portfolio. United States Blend / Core Equity · $880.67M AUM. Holdings, fees, performance and SEC filings.
C000211243 Fund Overview
Portfolio Optimization Conservative Portfolio is a US mutual fund managed by Pacific Select Fund, categorised as United States Blend / Core 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 Select Fund
- Category: United States Blend / Core Equity
- Assets under management: $880.67M
- 1-year return: 8.6%
- SEC CIK: 0000813900
- SEC series ID: S000031771
- Share class ID: C000211243
C000211243 Investment Objective and Strategy
Portfolio Optimization Conservative 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 current income and preservation of capital.
Principal investment strategy
This Fund is a fund of funds that seeks to achieve its investment goal by investing in other funds of the Trust (the Portfolio Optimization Underlying Funds). Under normal market conditions, the Funds exposures to the two broad asset classes of debt and equity are expected to be within the following ranges: ? BROAD ASSET CLASS ALLOCATIONS ? ? Debt ? ? Equity ? ? 60 90% ? ? ? 10 40% ? Pacific Life Fund Advisors LLC (PLFA), the investment adviser to the Fund, manages and oversees the Fund through a multi-step process that includes: (1) Asset Allocation/Portfolio Construction PLFA manages the Fund using an approximate 10-year investment horizon. An asset class model (the Model) for the Fund is developed that seeks to meet the Funds investment goal over this period using both broad asset classes and narrower asset classes.
The broad equity asset class includes narrower asset classes such as domestic small-capitalization, mid-capitalization and large-capitalization, growth and value strategies, and international and emerging markets. The broad debt asset class includes narrower asset classes such as investment grade bonds, high yield/high risk bonds, bank loans, international and emerging markets. PLFA then determines the amount of the Funds assets to invest in each Portfolio Optimization Underlying Fund in order to obtain the asset class exposures designated by the Model for the Fund. PLFA may adjust the broad asset class allocations to any point within the above ranges, and/or adjust the narrower asset class allocations or the allocations to the Portfolio Optimization Underlying Funds, at any time as it deems necessary based on PLFAs views of market conditions, its outlook for various asset classes or other factors that it determines are relevant in seeking to achieve the Funds investment goal (dynamic positioning).
For example, PLFA may engage in dynamic positioning for the Fund by adjusting the Model to reflect a shorter term view of the markets or a particular asset class, to seek to capture upside opportunities or mitigate risk from market events, or for cash management purposes. PLFA would then make the appropriate adjustments to the Funds Portfolio Optimization Underlying Fund allocations to reflect the updated asset class allocations in the Model. This dynamic positioning would be implemented consistent with the Funds risk/return profile and investment goal. (2) Manager Oversight?? PLFA monitors and evaluates the Portfolio Optimization Underlying Fund Managers to seek to ensure that each Managers investment style and approach continue to be appropriate for the respective Portfolio Optimization Underlying Fund.
(3) Investment Risk Management PLFA monitors and analyzes the investment risks of the Fund, evaluates their impact on the Funds risk/return objectives and considers adjustments to the Funds allocations as a result. Investments of the Portfolio Optimization Underlying Funds that invest primarily in debt instruments include: investment grade debt securities, including U.S. Government securities, corporate bonds, mortgage-related securities, and other asset-backed securities; foreign debt securities, including emerging market debt; debt instruments of varying duration; convertible securities; high yield/high risk bonds; floating rate loans; and inflation-indexed bonds. Investments of the Portfolio Optimization Underlying Funds that invest primarily in equity instruments include: growth and value stocks; large-, mid- and small-capitalization companies; stocks of companies with a history of paying dividends; sector-specific stocks; and domestic and foreign stocks, including emerging market stocks (which may be U.S.
dollar or foreign currency-denominated). Certain Portfolio Optimization Underlying Funds may also use derivatives such as: forward commitments; futures contracts and options on securities, indices, currencies and other investments; and swaps (including interest rate, cross-currency, total return and credit default swaps). A Portfolio Optimization Underlying Fund may use derivatives generally as a substitute for direct investment in a security, to attempt to hedge or reduce risk or to seek to enhance investment returns. The Fund is expected to be as fully invested as practical, although it may maintain liquidity reserves to meet redemption requests. The Fund may invest a significant portion of its assets in any single Portfolio Optimization Underlying Fund. PLFA has sole discretion in selecting the Portfolio Optimization Underlying Funds for investment and may adjust the Funds allocations to the Portfolio Optimization Underlying Funds, and add or remove Portfolio Optimization Underlying Funds, as it deems appropriate to meet the Funds investment goal.
A Portfolio Optimization Underlying Fund may lend its portfolio holdings to certain financial institutions. For additional information about the Fund and its Portfolio Optimization Underlying Fund investments, please see the Additional Information About Principal Investment Strategies and Principal Risks section in the Prospectus.
C000211243 Holdings
Top 10 holdings of Portfolio Optimization Conservative Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Pacific Select Fd | 18.44% |
| Pacific Select Fd | 11.87% |
| Pacific Select Fd | 11.68% |
| Pacific Select Fd | 8.96% |
| Pacific Select Fd | 8.55% |
| Pacific Select Fd | 5.97% |
| Pacific Select Fd | 3.44% |
| Pacific Select Fd | 2.99% |
| Pacific Select Fd | 2.74% |
| Pacific Select Fd | 2.47% |
C000211243 Portfolio Allocation
Asset-class allocation of Portfolio Optimization Conservative Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
C000211243 Performance
Total returns for C000211243 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.6% |
| 1 year | 8.6% |
| 3 years (annualised) | 8.2% |
| 5 years (annualised) | 3.0% |
C000211243 Risk Information
Risk metrics for C000211243, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.6%
C000211243 Costs and Fees
C000211243 costs about $72 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.72%
- Gross expense ratio: 0.72%
- Portfolio turnover: 39%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000211243 Cashflows
Over the 12 months to 2026-06, Portfolio Optimization Conservative Portfolio had net outflows of $137.95M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$14.65M |
| 2026-05 | −$8.43M |
| 2026-04 | −$10.25M |
| 2026-03 | −$6.66M |
| 2026-02 | −$10.36M |
| 2026-01 | −$15.61M |
C000211243 Debt Constituents
No individual debt constituents are reported in Portfolio Optimization Conservative Portfolio's latest SEC N-PORT filing.
C000211243 Prospectus and SEC Filings
Official Portfolio Optimization Conservative 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 United States Blend / Core 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.