Pacific Funds Ultra Short Income
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
-0.9%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$34.3 M
Holdings in Top 10
21.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 75.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Ultrashort Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PLUIX - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.62%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePacific Funds Ultra Short Income
-
Fund Family NamePacific Funds Series Trust
-
Inception DateJun 28, 2019
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Weismiller
Fund Description
The fund primarily invests in investment grade, U.S. dollar-denominated short-term fixed and floating rate debt securities, including corporate debt securities, mortgage-related securities, asset-backed securities, U.S. government securities and agency securities and money market instruments such as commercial paper, certificates of deposit, time deposits, deposit notes and bank notes. The weighted average duration of this fund will vary based on the Manager's market forecasts and will not normally exceed one year.
PLUIX - Performance
Return Ranking - Trailing
| Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -6.3% | 0.2% | 60.00% |
| 1 Yr | -0.9% | -5.1% | 0.4% | 42.06% |
| 3 Yr | N/A* | -1.2% | 2.3% | N/A |
| 5 Yr | N/A* | -1.1% | 2.6% | N/A |
| 10 Yr | N/A* | -0.7% | 2.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.8% | -2.1% | 48.5% | 84.58% |
| 2020 | 0.6% | -50.6% | 1.8% | 24.88% |
| 2019 | N/A | -1.2% | 10.6% | N/A |
| 2018 | N/A | -19.3% | 0.4% | N/A |
| 2017 | N/A | -3.2% | 100.0% | N/A |
Total Return Ranking - Trailing
| Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -6.5% | 100.7% | 56.60% |
| 1 Yr | -0.9% | -8.9% | 0.4% | 39.06% |
| 3 Yr | N/A* | -2.9% | 2.3% | N/A |
| 5 Yr | N/A* | -2.3% | 2.6% | N/A |
| 10 Yr | N/A* | -1.1% | 2.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.8% | -2.1% | 48.5% | 84.58% |
| 2020 | 0.6% | -50.6% | 1.8% | 24.88% |
| 2019 | N/A | -1.2% | 10.6% | N/A |
| 2018 | N/A | -19.3% | 2.0% | N/A |
| 2017 | N/A | -3.2% | 100.0% | N/A |
NAV & Total Return History
PLUIX - Holdings
Concentration Analysis
| PLUIX | Category Low | Category High | PLUIX % Rank | |
|---|---|---|---|---|
| Net Assets | 34.3 M | 24.5 K | 19.8 B | 93.39% |
| Number of Holdings | 111 | 1 | 3396 | 78.42% |
| Net Assets in Top 10 | 6.91 M | -200 M | 16.1 B | 83.40% |
| Weighting of Top 10 | 21.93% | 2.6% | 100.0% | 44.40% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 4.84%
- Mitsubishi UFJ Financial Group, Inc. 3.455% 3.04%
- United States Treasury Bills 0.16% 2.98%
- United States Treasury Bills 0.042% 2.76%
- JPMorgan Chase & Co. 2.66%
- JPMorgan Chase & Co. 0.98886% 2.31%
- Honeywell International Inc. 0.38% 2.28%
- Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III 2.27%
- Hyndai Capital America 1% 2.26%
- MAGNETITE XVI LIMITED 1.84429% 1.87%
Asset Allocation
| Weighting | Return Low | Return High | PLUIX % Rank | |
|---|---|---|---|---|
| Bonds | 88.84% | 0.00% | 123.41% | 34.02% |
| Cash | 10.53% | -24.02% | 100.00% | 58.09% |
| Convertible Bonds | 0.63% | 0.00% | 15.25% | 70.95% |
| Stocks | 0.00% | 0.00% | 3.35% | 66.39% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 63.90% |
| Other | 0.00% | -10.38% | 3.22% | 69.29% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PLUIX % Rank | |
|---|---|---|---|---|
| Corporate | 64.54% | 0.00% | 99.91% | 11.20% |
| Securitized | 24.91% | 0.00% | 100.00% | 52.28% |
| Cash & Equivalents | 10.54% | 0.00% | 100.00% | 59.34% |
| Derivative | 0.00% | 0.00% | 23.15% | 72.61% |
| Municipal | 0.00% | 0.00% | 70.39% | 80.50% |
| Government | 0.00% | 0.00% | 100.00% | 90.04% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PLUIX % Rank | |
|---|---|---|---|---|
| US | 64.35% | 0.00% | 100.00% | 52.28% |
| Non US | 24.49% | 0.00% | 72.88% | 10.79% |
PLUIX - Expenses
Operational Fees
| PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.33% | 0.03% | 4.12% | 59.83% |
| Management Fee | 0.25% | 0.00% | 1.19% | 50.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.40% | 73.08% |
Sales Fees
| PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.50% | 5.75% | N/A |
| Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
| PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
| PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 75.00% | 0.00% | 369.54% | 60.20% |
PLUIX - Distributions
Dividend Yield Analysis
| PLUIX | Category Low | Category High | PLUIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.86% | 22.31% |
Dividend Distribution Analysis
| PLUIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PLUIX | Category Low | Category High | PLUIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.62% | -1.30% | 14.86% | 36.64% |
Capital Gain Distribution Analysis
| PLUIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Aug 31, 2022 | $0.022 | OrdinaryDividend |
| Jul 29, 2022 | $0.016 | OrdinaryDividend |
| Jun 30, 2022 | $0.012 | OrdinaryDividend |
| May 31, 2022 | $0.010 | OrdinaryDividend |
| Apr 29, 2022 | $0.008 | OrdinaryDividend |
| Mar 31, 2022 | $0.006 | OrdinaryDividend |
| Feb 28, 2022 | $0.010 | OrdinaryDividend |
| Jan 31, 2022 | $0.010 | OrdinaryDividend |
| Dec 31, 2021 | $0.006 | OrdinaryDividend |
| Nov 30, 2021 | $0.005 | OrdinaryDividend |
| Oct 29, 2021 | $0.005 | OrdinaryDividend |
| Sep 30, 2021 | $0.005 | OrdinaryDividend |
| Aug 31, 2021 | $0.005 | OrdinaryDividend |
| Jul 30, 2021 | $0.006 | OrdinaryDividend |
| Jun 30, 2021 | $0.006 | OrdinaryDividend |
| May 28, 2021 | $0.006 | OrdinaryDividend |
| Apr 30, 2021 | $0.007 | OrdinaryDividend |
| Mar 31, 2021 | $0.008 | OrdinaryDividend |
| Feb 26, 2021 | $0.007 | OrdinaryDividend |
| Jan 29, 2021 | $0.011 | OrdinaryDividend |
| Dec 31, 2020 | $0.009 | OrdinaryDividend |
| Nov 30, 2020 | $0.009 | OrdinaryDividend |
| Oct 30, 2020 | $0.009 | OrdinaryDividend |
| Sep 30, 2020 | $0.008 | OrdinaryDividend |
| Aug 31, 2020 | $0.008 | OrdinaryDividend |
| Jul 31, 2020 | $0.011 | OrdinaryDividend |
| Jun 30, 2020 | $0.012 | OrdinaryDividend |
| May 29, 2020 | $0.014 | OrdinaryDividend |
| Apr 30, 2020 | $0.015 | OrdinaryDividend |
| Mar 31, 2020 | $0.017 | OrdinaryDividend |
| Feb 28, 2020 | $0.016 | OrdinaryDividend |
| Jan 31, 2020 | $0.019 | OrdinaryDividend |
| Dec 05, 2019 | $0.002 | OrdinaryDividend |
| Nov 29, 2019 | $0.019 | DailyAccrualFund |
| Oct 31, 2019 | $0.020 | OrdinaryDividend |
| Sep 30, 2019 | $0.020 | DailyAccrualFund |
| Aug 30, 2019 | $0.020 | DailyAccrualFund |
| Jul 31, 2019 | $0.021 | DailyAccrualFund |
PLUIX - Fund Manager Analysis
Managers
David Weismiller
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Mr. Weismiller is managing director and portfolio manager of Pacific Asset Management since 2007. Mr. Weismiller is the co-portfolio manager on Pacific Asset Management’s core plus and investment grade bond strategies. Joined Pacific Life in June 2002 and was a former member of Pacific Life’s credit research team and was responsible for fixed income and leveraged loan credit analysis. Prior to joining Pacific Life, Mr. Weismiller was with Comerica Bank, where he was a Commercial Banking Officer responsible for investing in a portfolio of leveraged loans. He has a BA from the University of California, Santa Barbara and an MBA from the University of California, Irvine.He began his investment career in 1997 .
Ying Qiu
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Ms. Qiu is a managing director and portfolio manager of Pacific Asset Management since 2016. Ms. Qiu is a co-portfolio manager on various investment grade portfolios and has credit research responsibilities focusing on asset-backed securities ("ABS") and airlines sectors. Prior to joining Pacific Asset Management, Ms. Qiu was a senior vice president, portfolio manager and trader for both investment grade corporate and ABS with PIMCO since 2008. Ms. Qiu began her investment career in 1997 and has a BA from Renmin University of China and an MBA from the Emory University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 32.44 | 6.54 | 0.13 |