| No headlines available for PFTAX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 30.00K | | Category: | Ultrashort Bond | | Total Expense Ratio: | 0.80% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 29.44% | | 5y Avg Return: | 2.53% | | Rank in Category (ytd): | 2 | | % Rank in Category (ytd): | 1.64% | | Beta (3y): | 0.43 | | Morningstar Risk Rating: | High |
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| The investment seeks to maximize current yield consistent with prudent investment management. The Fund invests under normal circumstances at least 80% of assets in a diversified portfolio of variable and floating-rate securities, securities with durations of less than or equal to one year, and fixed-rate securities with respect to which the fund has entered into derivative instruments to effectively convert the fixed-rate interest payments into floating-rate interest payments. It may also invest in other Fixed-Income Instruments. The fund may invest all of assets in high-yield securities (?junk bonds?). | | | Fund Profile |
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