Three Fixed-Income Funds from Pacific FundsSM Reach Their Five-Year Anniversaries
NEWPORT BEACH, Calif. (Dec. 19, 2016) - Pacific Funds, a leading multi-manager investment company, marks the five-year anniversary of three of its fixed-income mutual funds: Pacific FundsSM Short Duration Income, Pacific FundsSM Strategic Income, and Pacific FundsSM High Income. During the past five years, each provided income and diversification for investors' portfolios.
Two of the funds earned a four-star Overall Morningstar Rating™ for Advisor Class shares in the period ending November 30, 2016. Pacific Funds Short Duration Income and Pacific Funds Strategic Income earned their four-star ratings among 447 funds in the Short-Term Bond category and 206 funds in the Multisector Bond category, respectively.
"Pacific Funds is a family of mutual funds designed for growth, income generation, and diversification," said Chris van Mierlo, chief marketing officer and senior vice president of sales for Pacific Life's Retirement Solutions Division. "We're extremely pleased with the growing popularity of our funds over recent years."
More details about the fixed-income funds from Pacific Funds, and a list of all Pacific Funds offerings and their ticker symbols, can be found at PacificFunds.com. Financial advisors also can inquire about the funds by calling Pacific Funds directly at (800) 722-2333, option 2.
All investing involves risk, including the possible loss of the principal amount invested. There is no guarantee the funds will reach their investment objectives.
About Pacific Funds
Headquartered in Newport Beach, California, Pacific Funds offers a family of mutual funds that includes U.S. Equity, Fixed‐Income, Multi-Asset, and Specialty funds to individuals and retirement plans. Our managers seek to deliver consistent results with downside protection strategies to help shareholders meet their long-term financial goals.
Overall Morningstar Rating: For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. The top 10% of funds in each category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar Rating calculation uses the weighted average of the three-, five-, and ten-year Morningstar Ratings, if applicable, and is only calculated using Morningstar Ratings for periods with actual share class returns. © 2016 Morningstar Investment Management, LLC. All Rights Reserved. Morningstar Ratings are objective, based entirely on a mathematical evaluation of past performance. They’re a useful tool for identifying investments worthy of further research, but shouldn’t be considered buy or sell recommendations. Past performance does not guarantee future results. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Morningstar Ratings for other share classes may vary. All Funds and share classes may not be sold at all firms, and not all investors may be eligible for all share classes.
Morningstar Investment Management LLC and its affiliates are not affiliated with Pacific Funds, its distributors, or its affiliates.
Third-party trademarks and service marks are the property of their respective owners.
You should consider a fund’s investment goal, risks, charges, and expenses carefully before investing. The prospectus and/or the applicable summary prospectus contain this and other information about the Fund and are available from your financial advisor or www.PacificFunds.com. The prospectus and/or summary prospectus should be read carefully before investing.
Mutual funds are offered by Pacific Funds. Pacific Funds are distributed by Pacific Select Distributors, LLC. (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA), and are available through licensed third parties. Pacific Funds refers to Pacific Funds Series Trust.