- 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 $115.8M 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 the fund issuer.
- 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.
