- ISIN
- US69448A2270
- Inception Date
- Jun 28, 2019
- Category
- Ultrashort Bond
- Min. Investment
- $500,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
PLUIX Performance Chart
Pacific Funds Ultra Short Income (PLUIX) is up 1.5% since the beginning of the year. PLUIX is currently trading at $10 per share. Investors who bought $1,000 worth of PLUIX shares 5 years ago would now be looking at an investment worth $1,181.
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Returns By Period
Pacific Funds Ultra Short Income (PLUIX) has returned 1.46% so far this year and 4.66% over the past 12 months.
Pacific Funds Ultra Short Income
- 1D
- 0.00%
- 1M
- 0.32%
- YTD
- 1.46%
- 6M
- 1.84%
- 1Y
- 4.66%
- 3Y*
- 5.25%
- 5Y*
- 3.39%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
PLUIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2020, PLUIX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.
Historically, 82% of months were positive and 18% were negative. The best month was Apr 2020 with a return of +2.5%, while the worst month was Mar 2020 at -3.8%. The longest winning streak lasted 31 consecutive months, and the longest losing streak was 9 months.
On a daily basis, PLUIX closed higher 14% of trading days. The best single day was Mar 26, 2020 with a return of +0.6%, while the worst single day was Mar 19, 2020 at -1.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.33% | 0.39% | 0.01% | 0.40% | 0.32% | 0.00% | 1.46% | ||||||
| 2025 | 0.50% | 0.45% | 0.29% | 0.27% | 0.49% | 0.57% | 0.48% | 0.57% | 0.46% | 0.36% | 0.33% | 0.45% | 5.34% |
| 2024 | 0.57% | 0.33% | 0.57% | 0.34% | 0.67% | 0.43% | 0.58% | 0.56% | 0.20% | 0.24% | 0.50% | 0.43% | 5.57% |
| 2023 | 0.64% | 0.24% | 0.40% | 0.10% | 0.32% | 0.41% | 0.54% | 0.55% | 0.45% | -0.10% | 0.77% | 0.68% | 5.10% |
| 2022 | -0.15% | -0.15% | -0.34% | -0.12% | -0.20% | -0.51% | 0.20% | 0.22% | -0.41% | 0.04% | 0.60% | 0.56% | -0.25% |
| 2021 | 0.10% | 0.07% | -0.12% | 0.17% | 0.06% | 0.06% | 0.06% | 0.05% | 0.05% | -0.10% | -0.15% | -0.09% | 0.16% |
Benchmark Metrics
Pacific Funds Ultra Short Income has an annualized alpha of 2.81%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (7.34%) than losses (0.16%) - typical of diversified or defensive assets.
- Beta of 0.01 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.81%
- Beta
- 0.01
- R²
- 0.01
- Upside Capture
- 7.34%
- Downside Capture
- 0.16%
Expense Ratio
PLUIX has an expense ratio of 0.32%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PLUIX ranks 99 for risk / return — in the top 99% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Pacific Funds Ultra Short Income (PLUIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLUIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +10.74 | ||
| Omega ratioGain probability vs. loss probability | 4.73 | 1.32 | +3.40 |
| Calmar ratioReturn relative to maximum drawdown | 15.60 | 2.46 | +13.15 |
| Martin ratioReturn relative to average drawdown | 69.98 | 10.92 | +59.07 |
Dividends
Dividend History
Pacific Funds Ultra Short Income provided a 4.66% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.50 | $0.49 | $0.41 | $0.13 | $0.10 | $0.12 |
Dividend yield | 4.66% | 5.01% | 4.89% | 4.14% | 1.36% | 0.96% | 1.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Pacific Funds Ultra Short Income. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.15 | ||||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.09 | $0.50 |
| 2024 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.00 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2023 | $0.03 | $0.03 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.05 | $0.05 | $0.41 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.03 | $0.04 | $0.13 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.04 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Pacific Funds Ultra Short Income. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Pacific Funds Ultra Short Income was 6.16%, occurring on Mar 24, 2020. Recovery took 54 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -6.16%Mar 2020 | 19d | 2mo 18d | 3mo 7dMar 2020 - Jun 2020 |
Bear market2022 | -1.98%Oct 2022 | 1y 7d | 3mo 14d | 1y 3moOct 2021 - Jan 2023 |
2025 selloff2025 | -0.40%Apr 2025 | 5d | 21d | 26dApr 2025 - Apr 2025 |
2023 pullback2023 | -0.30%Mar 2023 | 2d | 15d | 17dMar 2023 - Mar 2023 |
2023 pullback2023 | -0.30%May 2023 | 18d | 5d | 23dMay 2023 - May 2023 |
Drawdown Indicators
| PLUIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.16% | -56.78% | +50.62% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -9.10% | +8.80% |
Max Drawdown (3Y)Largest decline over 3 years | -0.40% | -18.90% | +18.50% |
Max Drawdown (5Y)Largest decline over 5 years | -1.98% | -25.43% | +23.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.21% | +3.21% |
Average DrawdownAverage peak-to-trough decline | -0.32% | -10.71% | +10.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 2.04% | -1.97% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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