PFG BNY Mellon Diversifier Strategy Fund
PFADX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- OMAHA NE 68130 Omaha NE United States of America 68130
- IPO Date
- Dec 11, 2017
- CIK
- 0001314414
- Website
- principal.com
- Similar Companies
- Business
- PFG BNY Mellon Diversifier Strategy Fund (PFADX) is an open-end mutual fund that seeks income with a secondary objective of capital appreciation by investing primarily in a portfolio of BNY Mellon-managed mutual funds and ETFs. The fund targets a strategic allocation of approximately 60% to investment grade fixed income or floating rate securities, 30% to diversifiers or real return assets, and 10% to natural resources or real estate, providing diversification against traditional asset classes such as U.S. aggregate bonds. Core holdings include BNY Mellon Core Plus Fund Class I (approximately 66-71% of net assets), BNY Mellon Global Real Return Fund Class I (20-25%), BNY Mellon Developed Markets Real Estate Securities Fund Class I (5%), iShares Global Infrastructure ETF (2%), and BNY Mellon Natural Resources Fund Class I (2%), encompassing U.S. and non-U.S. bonds, equities, real estate, infrastructure, and natural resources exposure. Managed by The Pacific Financial Group, Inc. (TPFG) and sub-advised through BNY Mellon Investment Adviser, Inc., the fund operates in the global conservative allocation category with a focus on mid-credit quality bonds and moderate interest-rate sensitivity, serving institutional and retail investors seeking balanced fixed income alternatives. It is domiciled in the United States with primary operations centered in Bellevue, Washington, and reports net assets of approximately $109-118 million as of late 2024. Launched on December 11, 2017, the fund maintains low portfolio turnover at 12% and an expense ratio of around 2.56%, with shares traded on NASDAQ. No material changes, such as partnerships, acquisitions, funding rounds, new product launches, or strategic reorganizations, occurred during the most recent semi-annual period ended October 31, 2024, reflecting stable operations amid its performance of +4.65% for the six months ended on that date versus +5.31% for the Bloomberg U.S. Aggregate Bond Index. The fund continues to emphasize its target weightings without reported shifts in underlying fund allocations or advisory structure. Recent performance highlights include strong contributions from real estate and infrastructure holdings, positioning it for ongoing diversification in varying market cycles.