PFG BNY Mellon Diversifier Strategy Fund

Frequently Asked Questions About PFADX

What does PFADX invest in?

The PFG BNY Mellon Diversifier Strategy Fund endeavors to achieve its investment mandate by allocating a minimum of 80% of its capital, including any funds obtained through borrowing, into mutual funds and exchange-traded funds (ETFs) overseen by BNY Mellon. These constituent underlying funds—both those managed by BNY Mellon and other underlying funds—principally invest in a diverse range of equity securities, spanning all market capitalizations and global geographies, and/or various fixed-income instruments. Such debt holdings originate from domestic and international corporations and government entities, possessing a full spectrum of maturities and credit qualities, and may include speculative-grade debt (often referred to as 'junk bonds').

What is the expense ratio of PFADX?

PFG BNY Mellon Diversifier Strategy Fund (PFADX) charges an expense ratio of 2.56%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PFADX?

PFG BNY Mellon Diversifier Strategy Fund (PFADX) manages $114.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PFADX actively managed or an index fund?

PFADX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PFADX launched?

PFG BNY Mellon Diversifier Strategy Fund (PFADX) launched in December 2017 and is managed by BNY Mellon.

How has PFADX performed?

PFADX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.