Pacific Funds Strategic Income’ multisector categorization is a bit misleading. It has clocked in excellent returns, but the focus on corporate credit makes its scope rather narrow. Its cheapest shares earn a Morningstar Analyst Rating of Neutral, while its priciest share class receives a Negative.
Pacific Funds Strategic Income I PLSRX
NAV / 1-Day Return
10.51
/
0.48
%
Total Assets
1.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.670%
Expense Ratio
0.670%
Fee Level
Average
Longest Manager Tenure
10.44
years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
500,000
Status
Open
TTM Yield
3.36%
Effective Duration
3.85
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PLSRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PLSRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PLSRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PLSRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A rather narrow take on multisector.
