Morningstar

PIA MBS Bond Fund PMTGX

See Pacific Income Advisers (PIA) Investment Hub

Strategy

The investment seeks to provide a total rate of return that exceeds the Bloomberg U.S. MBS Fixed Rate Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities, including commercial mortgage-backed securities. It may invest up to 10% of its net assets in futures, options, other derivatives, and up to 20% in other investment companies, including exchange-traded funds (“ETFs”). The fund may also invest up to 20% of its net assets in asset-backed securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PMTGX	PIA MBS Bond Fund	No Load	Open	—	—	Feb 28, 2006	$99.64M	0.280%	High	$1,000	−$5.75M

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