PFG Active Core Bond Strategy Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.2%
1 yr return
4.0%
3 Yr Avg Return
-3.9%
5 Yr Avg Return
-1.1%
Net Assets
$124 M
Holdings in Top 10
99.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PFDOX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return -3.9%
- 5 Yr Annualized Total Return -1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.78%
- Dividend Yield 2.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePFG Active Core Bond Strategy Fund
-
Fund Family NameNavigator Funds
-
Inception DateDec 11, 2017
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJennifer Enstad
Fund Description
The Fund seeks to achieve its investment objective by investing more than 80% of the Funds assets, plus any amounts for borrowing, in shares of mutual funds or exchange-traded funds (ETFs) managed by Pacific Investment Management Company LLC (PIMCO), under normal circumstances (PIMCO Underlying Funds). The balance of the Funds net assets will be invested in PIMCO Underlying Funds or mutual funds or ETFs managed by advisers other than PIMCO (Other Underlying Funds), under normal market circumstances. At least 80% of the Funds assets (defined as net assets plus the amount of any borrowing for investment purposes) will be invested in PIMCO Underlying Funds and Other Underlying Funds that invest primarily in bond instruments. The Fund operates as a fund of funds.
In selecting PIMCO Underlying Funds and Other Underlying Funds to purchase or sell, on behalf of the Fund, Pacific Financial Group, LLC (the Adviser) utilizes information provided by PIMCO, including data and analysis about the PIMCO Underlying Funds and Other Underlying Funds.
The Adviser invests in PIMCO Underlying Funds and Other Undelying Funds that invest primarily 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 high-yield fixed income securities as corporate bonds or other bonds or debt instruments that are generally rated lower than Baa3 by Moodys Investors Service, Inc. (Moodys) or lower than BBB- by Standard and Poors Rating Group (S&P). The percentage of the Funds assets allocated to fixed-income securities, and cash equivalents will vary dependent on market conditions. In selecting PIMCO Underlying Funds and Other Underlying Funds, the Adviser may also utilize information regarding a model portfolio of PIMCO Funds provided at no charge by PIMCO, although the Adviser is solely responsible for selecting the PIMCO Funds and Other Underlying Funds in which the Fund invests. PIMCO is not the adviser or sub-adviser to the Fund. 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 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 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. 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 Funds volatility as a whole, and to assess the impact of the Funds investment in PIMCO Underlying Funds and Other Underlying Funds. In some circumstances, the Adviser may use RiskPro to identify specific PIMCO Underlying Funds or Other Underlying Funds in which to invest, on behalf of the Fund. For this Fund, the Advisers goal is to limit the Funds maximum range of total returns, over a twelve month period, to a gain or a loss of less than 13%. Depending on market conditions, the Funds potential gain or loss, as estimated by RiskPro®, may exceed 13% 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.
PFDOX - Performance
Return Ranking - Trailing
Period | PFDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -6.5% | 5.7% | 81.45% |
1 Yr | 4.0% | -9.3% | 24.0% | 88.56% |
3 Yr | -3.9%* | -16.7% | 18.1% | 94.31% |
5 Yr | -1.1%* | -13.0% | 15.2% | 92.50% |
10 Yr | N/A* | -13.4% | 6.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | PFDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.4% | -12.0% | 15.7% | 59.41% |
2022 | -16.1% | -31.8% | 18.4% | 78.32% |
2021 | -5.1% | -26.6% | 25.7% | 89.71% |
2020 | 3.0% | -49.2% | 18.7% | 35.87% |
2019 | 3.7% | -35.1% | 15.3% | 63.62% |
Total Return Ranking - Trailing
Period | PFDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -6.5% | 5.7% | 81.45% |
1 Yr | 4.0% | -9.3% | 24.0% | 88.56% |
3 Yr | -3.9%* | -16.7% | 18.1% | 94.31% |
5 Yr | -1.1%* | -13.0% | 15.2% | 92.50% |
10 Yr | N/A* | -13.4% | 6.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PFDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | -7.0% | 22.2% | 83.80% |
2022 | -13.5% | -31.8% | 21.1% | 90.66% |
2021 | -5.1% | -13.5% | 49.9% | 97.39% |
2020 | 5.8% | -28.6% | 24.1% | 48.76% |
2019 | 6.1% | -4.8% | 19.1% | 77.71% |
NAV & Total Return History
PFDOX - Holdings
Concentration Analysis
PFDOX | Category Low | Category High | PFDOX % Rank | |
---|---|---|---|---|
Net Assets | 124 M | 2.32 M | 127 B | 81.40% |
Number of Holdings | 6 | 2 | 10577 | 97.72% |
Net Assets in Top 10 | 118 M | -1.57 B | 65.8 B | 54.93% |
Weighting of Top 10 | 99.69% | 0.7% | 170.6% | 4.17% |
Top 10 Holdings
- PIMCO-T/R-INS 39.73%
- PIMCO-INCOME-INS 25.85%
- PIMCO-MRT OP-INS 14.92%
- PIMCO-IN B $-INS 11.95%
- PIMCO-I/G CR-INS 6.95%
- BLKR-LIQ FED-INS 0.30%
Asset Allocation
Weighting | Return Low | Return High | PFDOX % Rank | |
---|---|---|---|---|
Stocks | 99.40% | -1.60% | 99.88% | 1.97% |
Convertible Bonds | 2.92% | 0.00% | 33.50% | 31.00% |
Cash | 0.60% | -94.66% | 258.91% | 83.00% |
Preferred Stocks | 0.00% | 0.00% | 30.46% | 58.88% |
Other | 0.00% | -72.32% | 100.00% | 73.75% |
Bonds | 0.00% | -150.81% | 203.29% | 93.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PFDOX % Rank | |
---|---|---|---|---|
Financial Services | 34.22% | 0.00% | 100.00% | 18.82% |
Communication Services | 20.33% | 0.00% | 100.00% | 13.76% |
Real Estate | 8.54% | 0.00% | 100.00% | 19.94% |
Basic Materials | 7.74% | 0.00% | 100.00% | 14.89% |
Consumer Defense | 7.17% | 0.00% | 99.97% | 14.89% |
Utilities | 6.11% | 0.00% | 100.00% | 19.10% |
Energy | 5.12% | 0.00% | 100.00% | 57.58% |
Healthcare | 4.08% | 0.00% | 18.60% | 21.63% |
Consumer Cyclical | 3.85% | 0.00% | 89.95% | 26.69% |
Industrials | 1.61% | 0.00% | 100.00% | 42.13% |
Technology | 1.21% | 0.00% | 28.30% | 30.34% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PFDOX % Rank | |
---|---|---|---|---|
US | 99.40% | -1.47% | 99.88% | 1.97% |
Non US | 0.00% | -0.13% | 17.73% | 40.82% |
PFDOX - Expenses
Operational Fees
PFDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.59% | 0.01% | 20.67% | 10.44% |
Management Fee | 1.25% | 0.00% | 2.29% | 91.72% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 18.26% |
Administrative Fee | 0.70% | 0.00% | 0.70% | 100.00% |
Sales Fees
PFDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PFDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PFDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 632.00% | 36.81% |
PFDOX - Distributions
Dividend Yield Analysis
PFDOX | Category Low | Category High | PFDOX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.91% | 0.00% | 18.15% | 86.92% |
Dividend Distribution Analysis
PFDOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
PFDOX | Category Low | Category High | PFDOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.78% | -1.55% | 11.51% | 82.90% |
Capital Gain Distribution Analysis
PFDOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2023 | $0.245 | OrdinaryDividend |
Dec 30, 2022 | $0.257 | OrdinaryDividend |
Dec 30, 2020 | $0.277 | OrdinaryDividend |
Dec 27, 2019 | $0.229 | OrdinaryDividend |
Dec 27, 2018 | $0.087 | OrdinaryDividend |
Dec 27, 2017 | $0.018 | OrdinaryDividend |
PFDOX - Fund Manager Analysis
Managers
Jennifer Enstad
Start Date
Tenure
Tenure Rank
Dec 11, 2017
4.47
4.5%
Ms. Enstad began her career with Pacific Financial Group in 1991 and has served in a number of capacities, including performing operational duties (1991-1995), as the Head Trader (1995-2002), as the Director of Operations (1998-2002), as an Analyst (2002-2004), as an Assistant Portfolio Manager (2004-2006), as a Portfolio Manager (2006-2017), as Senior Portfolio Manager (2017-2018) and as Chief Investment Officer (2018-present). Ms. Enstad served as Chief Investment Officer for the Adviser since 2018. Ms. Enstad has a B.A. in Business from the University of Washington and a Chartered Financial Analyst.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |