Pacific Life Funds has launched three new mutual funds to its line of options for investors seeking income. The new fixed-income funds are: the PL Short Duration Income Fund, the PL Strategic Income Fund, and the PL High Income Fund. Existing funds include the PL Income Fund and the PL Floating Rate Income Fund.

|

Key characteristics of the new funds are:

  • PL Short Duration Income Fund—Designed for investors seeking current income with protection against sudden or large interest-rate changes. Short-term bonds provide income with less sensitivity to interest-rate movements.
  • PL Strategic Income Fund—Designed to seek higher levels of income through non-investment-grade corporate debt and has the flexibility to adapt to changing market conditions.
  • PL High Income Fund—Designed to produce high income through disciplined, active portfolio management focused primarily on high-yield corporate bonds.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.