Overview

Flexible multisector bond fund with historically strong performance in various market environments

Objective

PTIAX is a multi-sector bond fund that seeks to provide income and capital appreciation by investing in undervalued domestic fixed income securities.

Types of Investments

The Fund can invest in a variety of domestic fixed income sectors including mortgage-backed securities (MBS), corporates, municipals, other structured credit securities, treasuries, and cash.

Performance

Total Returns as of YTD 1-Year 3-Year 5-Year Since Inception Inception Date
Total Returns as of YTD 1-Year 3-Year 5-Year Since Inception Inception Date

Portfolio

Fund Characteristics
# of Holdings 566
Average Coupon 4.10%
Average Effective Maturity 8.40
Correlation with S&P 500
(10/01/2014-09/30/2017)
(0.07)

As of 9/30/2017

3-Year PTIAX BBgBarc Aggregate Bond Index1
Std. Deviation (%)3 2.16 2.86
Sharpe Ratio4 2.22 0.83
Sortino Ratio5 4.46 1.35

As of 9/30/2017

Management Team

G. Michael Plaiss

G. Michael Plaiss, CFA

Senior Portfolio Manager

Anthony Harris

Anthony Harris

Senior Portfolio Manager

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Key Statistics As Of

Total Assets:

30-Day SEC Yield2

Class Subsidized Unsubsidized