PLSRX : Pacific Funds Strategic Income Fund Class I

Fund Summary

The investment seeks a high level of current income; it may also seek capital appreciation. The fund invests principally in income producing debt instruments. Under normal circumstances, it will invest up to 70% of its assets in non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments and floating rate loans to up to 65% of the fund's assets in investment grade debt instruments, including corporate debt securities, asset-backed securities, mortgage-related securities, U.S. government securities and agency securities.