PFDBX — PFG Balanced Strategy Fund

PFDBX Fund Overview

PFDBX — PFG Balanced Strategy Fund is a US mutual fund managed by Northern Lights Fund Trust, categorised as Total Return Allocation. 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: Total Return Allocation
• Assets under management: $176.06M
• 1-year return: 26.9%
• Ticker: PFDBX
• SEC CIK: 0001314414
• SEC series ID: S000058602
• Share class ID: C000192509

PFDBX Investment Objective and Strategy

PFG Balanced 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 to limit the maximum range of total returns to a gain or loss of less than 30%, over a forward-looking rolling twelve-month period.

Principal investment strategy

The Fund seeks to achieve its investment objective by investing primarily in shares of mutual funds and exchange-traded funds (Underlying Funds), with each Underlying Fund investing primarily in U.S. equity and/or fixed-income securities, to obtain exposure to the U.S. broad equity and fixed income markets. Under normal circumstances, the Adviser intends to invest at least 25% of the Funds assets in domestic equity securities without regard to market capitalization, style or sector, and at least 25% of the Funds assets in fixed income securities issued by domestic and foreign corporations and government entities of any maturity or credit quality including high yield bonds (also known as junk bonds). The Fund defines equity securities as stocks and Underlying Funds that invest primarily in stocks; and the Fund defines fixed-income securities as debt instruments of any type and Underlying Funds that invest primarily in debt instruments.

The Adviser may also invest a portion of the Funds assets in Underlying Funds that invest in international securities, liquid alternative/specialty securities, or cash equivalents. The percentage of the Funds net assets allocated to equities, fixed-income securities, liquid alternative/speciality securities, and cash equivalents will vary. In selecting Underlying Funds to purchase or sell, on behalf of the Fund, the Adviser uses a proprietary investment analysis called Rational Analysis. The Advisers Rational Analysis investment approach relies on Fundamental Analysis, Technical Analysis, and Quantitative Studies in selecting positions. Technical Analysis: This method attempts to forecast future price movement by analyzing historical price patterns. Fundamental Analysis: This method is used to evaluate what a securitys intrinsic value should be by examining related economic, financial, and other qualitative and quantitative factors.

The outcome of this analysis can then be compared to the securitys current value to determine if it is over or underpriced. Quantitative Analysis: This method analyzes historical price patterns and relationships between securities in an effort to create an optimal portfolio, which is the highest level of expected return for each level of risk. Rather than using one of the above methods exclusively, the Adviser integrates the optimal elements of each method into a Rational decision-making model. In addition, in managing the Funds 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 maximum 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. As a result, investors may select investments that are designed to be aligned with their level of comfort with investment risk. RiskPros algorithms take into account, among other factors, the volatility of the portfolio over the prior twelve months; a comparison of the portfolios 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, with the goal of limiting the Fund's maximum range of total returns, over a twelve month period, to a gain or loss of less than 30%. The Fund is designed for investors that are not willing to endure an amount of investment risk comparable to, or greater than, the volatility of the S&P 500.

Depending on market conditions, the Funds potential gain or loss, as estimated by RiskPro, may be below 20% from time to time. The Adviser takes a dynamic approach to investing, moderately changing the Funds investments and/or asset allocation, based on market circumstances.

PFDBX Performance

Total returns for PFDBX (as of 2026-10-01), from SEC filings.

PFDBX Risk Information

Risk metrics for PFDBX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 9.2%

PFDBX Costs and Fees

PFDBX costs about $245 per $10,000 invested per year in fund expenses.

• Net expense ratio: 2.45%
• Gross expense ratio: 2.45%
• Portfolio turnover: 127%
• Brokerage commissions: 3.61 bps of average net assets (SEC N-CEN)

PFDBX Cashflows

Over the 12 months to 2021-10, PFG Balanced Strategy Fund had net inflows of $169.81M, from monthly SEC N-PORT filings.

PFDBX Debt Constituents

No individual debt constituents are reported in PFG Balanced Strategy Fund's latest SEC N-PORT filing.

PFDBX Prospectus and SEC Filings

Official PFG Balanced Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-09-03
• Prospectus (485BPOS) — filed 2019-09-05
• Prospectus supplement (497) — filed 2021-09-07
• Portfolio holdings (N-PORT) — filed 2021-12-21
• Portfolio holdings (N-PORT) — filed 2021-09-28
• Portfolio holdings (N-PORT) — filed 2021-06-23
• Annual census (N-CEN) — filed 2021-07-14
• Annual census (N-CEN) — filed 2020-07-14

Related Funds

Other Total Return Allocation funds tracked on ABC INVEST:

• Federated Total Return Bond Fund (FTRFX)
• Columbia Balanced Fund (CBLAX)
• MFS Total Return Fund (MSFRX)
• AllianzGI Income & Growth Fund (AZNAX)
• AQR Risk Parity Fund (AQRNX)

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.