Pacific Funds Ultra Short Income
- PLUIX
- Price as of: Feb 23, 2021
-
$10.09
N/A N/A
- Primary Theme
- U.S. Ultrashort Bond Duration
- Fund Company
- Pacific Funds
- Share Class
PLUIX - Snapshot
Vitals
- YTD Return 0.1%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $31.3 M
- Holdings in Top 10 20.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.87%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 81.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $500,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Ultrashort Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Ultrashort Bond
PLUIX - Profile
Distributions
- YTD Total Return 0.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.27%
- 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 | 0.1% | -0.3% | 6.2% | 40.59% |
1 Yr | 1.9% | -6.9% | 3.3% | 22.22% |
3 Yr | N/A* | -0.9% | 3.3% | N/A |
5 Yr | N/A* | 0.4% | 4.5% | N/A |
10 Yr | N/A* | 0.0% | 2.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.6% | -7.4% | 1.8% | 22.17% |
2019 | N/A | -1.2% | 2.5% | N/A |
2018 | N/A | -2.5% | 0.4% | N/A |
2017 | N/A | -2.0% | 100.0% | N/A |
2016 | N/A | -1.4% | 900.0% | N/A |
Total Return Ranking - Trailing
Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.1% | -0.3% | 6.2% | 40.59% |
1 Yr | 1.9% | -6.9% | 3.3% | 19.66% |
3 Yr | N/A* | -0.9% | 3.3% | N/A |
5 Yr | N/A* | 0.1% | 4.5% | N/A |
10 Yr | N/A* | 0.0% | 2.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PLUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.6% | -7.4% | 1.8% | 22.17% |
2019 | N/A | -1.2% | 2.5% | N/A |
2018 | N/A | -51.1% | 2.0% | N/A |
2017 | N/A | -2.0% | 2.7% | N/A |
2016 | N/A | -1.4% | 900.0% | N/A |
NAV & Total Return History
PLUIX - Holdings
Concentration Analysis
PLUIX | Category Low | Category High | PLUIX % Rank | |
---|---|---|---|---|
Net Assets | 31.3 M | 24.7 K | 21.1 B | 95.82% |
Number of Holdings | 134 | 1 | 1621 | 80.25% |
Net Assets in Top 10 | 6.38 M | -617 M | 10.1 B | 88.24% |
Weighting of Top 10 | 20.00% | 0.0% | 100.0% | 52.77% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 4.65%
- United States Treasury Bills 0.16% 2.98%
- Honeywell International Inc. 0.46% 2.35%
- Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III 2.13%
- United States Treasury Bills 0.14% 1.73%
- DTE Energy Company 2.25% 1.62%
- Goldman Sachs Group, Inc. 0.61% 1.57%
- Skandinaviska Enskilda Banken AB (publ) 0.55% 1.57%
- Hca Inc Term Loan B13 1.57%
- Hca Inc Term Loan B13 1.57%
Asset Allocation
Weighting | Return Low | Return High | PLUIX % Rank | |
---|---|---|---|---|
Bonds | 91.15% | 0.00% | 100.00% | 14.71% |
Cash | 8.21% | 0.00% | 100.00% | 86.97% |
Convertible Bonds | 0.63% | 0.00% | 12.45% | 66.81% |
Stocks | 0.00% | -0.05% | 27.49% | 92.02% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 91.60% |
Other | 0.00% | -11.64% | 16.96% | 90.34% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PLUIX % Rank | |
---|---|---|---|---|
Corporate | 64.99% | 0.00% | 99.24% | 5.88% |
Securitized | 25.67% | 0.00% | 97.70% | 48.74% |
Cash & Equivalents | 9.33% | 0.00% | 100.00% | 78.99% |
Derivative | 0.00% | 0.00% | 30.60% | 92.02% |
Municipal | 0.00% | 0.00% | 76.48% | 97.48% |
Government | 0.00% | 0.00% | 100.00% | 97.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PLUIX % Rank | |
---|---|---|---|---|
US | 74.35% | 0.00% | 100.00% | 27.31% |
Non US | 16.80% | 0.00% | 56.33% | 30.25% |
PLUIX - Expenses
Operational Fees
PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.08% | 2.77% | 14.78% |
Management Fee | 0.25% | 0.00% | 1.19% | 51.46% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.40% | 77.66% |
Sales Fees
PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.50% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
PLUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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 | 81.00% | 0.00% | 303.00% | 63.11% |
PLUIX - Distributions
Dividend Yield Analysis
PLUIX | Category Low | Category High | PLUIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.35% | 93.31% |
Dividend Distribution Analysis
PLUIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
PLUIX | Category Low | Category High | PLUIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.27% | -0.20% | 3.05% | 26.92% |
Capital Gain Distribution Analysis
PLUIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
PLUIX - Fund Manager Analysis
Managers
David Weismiller
Start Date
Tenure
Tenure Rank
Jun 28, 2019
1.6
1.6%
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
1.6
1.6%
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 | 31.11 | 5.83 | 4.98 |