NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Funds’ fixed-income products recently surpassed the $4 billion milestone for assets under management.
“Going over the $4 billion mark reflects the hard work of our team as well as the value we believe our funds provide investors,” said Dominic Nolan, senior managing director for Pacific Asset Management, which actively manages the six fixed-income funds. “In addition, this milestone underscores what we believe is the appeal of our investment strategies: committing to an active, disciplined process that focuses on fundamentals in selecting individual securities.”
Pacific Funds also offers six U.S. equity and five multi-asset funds and has more than $7 billion in total assets under management.
“Pacific Funds’ differentiated approach to fixed income has resonated well with advisors and investors,” said Douglas Jackson, vice president of Pacific Global Asset Management, which oversees product development and distribution of Pacific Funds. “Breaking the $4 billion barrier in assets under management with our fixed-income funds is further proof of that.”
More details about Pacific Funds offerings can be found at PacificFunds.com or by calling (800) 722‐2333, option 2.
About Pacific Funds
Pacific Funds is a family of mutual funds designed for growth, income generation, and diversification. Our managers seek to deliver consistent results with downside protection strategies to help shareholders meet their long-term financial goals. We provide value to our clients through high-quality service standards, thought leadership, and product innovation.
All investing involves risk, including the possible loss of the principal amount invested.
This does not constitute a recommendation of any investment strategy or product. You should consult a financial professional before making any investment decisions.
Pacific Life Insurance Company is the administrator for Pacific Funds. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
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.