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    Pacific Funds Floating Rate Income - Class I (PLFRX)

    Price:

    9.41 USD

    ( - -0.01 USD)

    Your position:

    0 USD

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    DESCRIPTION

    The investment seeks a high level of current income. The fund invests principally in income producing floating rate loans and floating rate debt securities. Under normal circumstances, it invests at least 80% of its assets in floating rate loans and floating rate debt securities. The fund may invest up to 25% of its assets in U.S. dollar denominated foreign investments, principally in developed markets. It may invest up to 20% of its assets in other types of debt instruments or securities including non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments.

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