PFCOX — PFG American Funds Conservative Income Strategy Fund
Data updated: 2026-09-28
PFCOX — PFG American Funds Conservative Income Strategy Fund. Holdings, fees, performance and SEC filings.
PFCOX Fund Overview
PFCOX — PFG American Funds Conservative Income Strategy Fund is a US mutual fund managed by Northern Lights Fund Trust, categorised as United States Multi-Cap / All-Cap 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: Northern Lights Fund Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $279.02M
- 1-year return: 4.1%
- Ticker: PFCOX
- SEC CIK: 0001314414
- SEC series ID: S000068357
- Share class ID: C000218707
PFCOX Investment Objective and Strategy
PFG American Funds Conservative Income Strategy Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust.
Investment objective
The Fund seeks current income.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus any amounts for borrowing, in shares of mutual funds or exchange traded funds (?ETFs?) advised by Capital Research and Management Company (?Capital Research?), under normal market circumstances (?American Underlying Funds?). The balance of the Fund?s net assets will be invested in American Underlying Funds or mutual funds or ETFs managed by advisers other than Capital Research (?Other Underlying Funds?), under normal market circumstances. The Fund operates as a fund of funds. In selecting American Underlying Funds or Other Underlying Funds to purchase or sell, on behalf of the Fund, Pacific Financial Group, LLC (the ?Adviser?) utilizes Information provided by Capital Research, including data and analysis about the American Underlying Funds and Other Underlying Funds.
The Fund seeks to provide current income, while maintaining limited price volatility. Under normal market circumstances, the Fund invests more than half of its assets in American Underlying Funds or Other Underlying Funds that invest solely in fixed income securities. The fixed income securities generally consist of investment-grade bonds or bonds of intermediate or short maturities. The Fund considers bonds to be investment-grade if they are rated Baa3 or higher by Moody?s Investors Service or equivalently by another nationally recognized statistical rating organization, at the time of investment. The balance of Fund assets will typically be invested in American Underlying Funds or Other Underlying Funds that utilize an asset allocation approach to investing, with a focus on investing in equity securities that pay dividends and in investment grade bonds.
Although the Fund does not intend to focus its investments in any particular sector, its portfolio may be focused in certain sectors from time to time as a result of its investment process. Further, in managing the Fund?s level of investment risk, the Adviser utilizes RiskPro , a software technology developed by ProTools, LLC, an affiliate of the Adviser. Based on proprietary algorithms, RiskPro provides an estimate of the range of gain or loss of a portfolio of securities over a forward-looking rolling twelve-month period. The higher the RiskPro estimate, the greater the level of volatility that the Fund may experience over a twelve-month period. RiskPro?s algorithms take into account, among other factors, the volatility of the portfolio over the prior twelve months; a comparison of the portfolio?s volatility over the prior twelve-month period, to the volatility of the S&P 500 Index; and the long-term volatility of the S&P 500 Index.
The Adviser utilizes RiskPro to manage the Fund?s volatility as a whole, and to assess the impact of the Fund?s investment in American Underlying Funds and Other Underlying Funds. In some circumstances, the Adviser may use RiskPro to identify specific American Underlying Funds or Other Underlying Funds in which to invest, on behalf of the Fund. For this Fund, the Adviser?s goal is to limit the Fund?s maximum range of total returns, over a twelve-month period, to a gain or a loss of less than 15%. Depending on market conditions, the Fund?s potential gain or loss, as estimated by RiskPro , may exceed 15% from time to time. The use of RiskPro allows investors to evaluate whether the expected volatility of the Fund, as estimated by RiskPro over a forward-looking rolling twelve-month period, is aligned with the investors?
level of comfort with investment risk.
PFCOX Holdings
Top 10 holdings of PFG American Funds Conservative Income Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Intermediate Bond Fund Of America | 24.83% |
| Bond Fund Of America (the) | 19.79% |
| Short Term Bd | 14.99% |
| American Mutual Fund | 7.99% |
| American Fds Strategic Bd Fd | 7.98% |
| Income Fund Of America (the) | 6.01% |
| American Balanced Fund | 5.01% |
| American Fds Multi-Sector Income Fd | 4.99% |
| American Funds Service Company | 4.01% |
| American Funds Service Company | 2.02% |
PFCOX Portfolio Allocation
Asset-class allocation of PFG American Funds Conservative Income Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.1% |
PFCOX Performance
Total returns for PFCOX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 4.1% |
| 3 years (annualised) | 4.9% |
| 5 years (annualised) | 1.2% |
PFCOX Risk Information
Risk metrics for PFCOX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.8%
PFCOX Costs and Fees
PFCOX costs about $222 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.22%
- Gross expense ratio: 2.22%
- Portfolio turnover: 14%
- Brokerage commissions: 0.35 bps of average net assets (SEC N-CEN)
PFCOX Cashflows
Over the 12 months to 2026-07, PFG American Funds Conservative Income Strategy Fund had net inflows of $50.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$2.32M |
| 2026-06 | $2.58M |
| 2026-05 | $2.01M |
| 2026-04 | $33.04M |
| 2026-03 | −$11.76K |
| 2026-02 | $1.47M |
PFCOX Debt Constituents
No individual debt constituents are reported in PFG American Funds Conservative Income Strategy Fund's latest SEC N-PORT filing.
PFCOX Prospectus and SEC Filings
Official PFG American Funds Conservative Income Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-08-25
- Prospectus (485BPOS) — filed 2025-08-26
- Prospectus supplement (497) — filed 2025-02-28
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2025-07-14
- Annual census (N-CEN) — filed 2024-07-15
Related Funds
Other United States Multi-Cap / All-Cap 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.