Target Conservative Allocation Fund Class B (PBCFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Tactical allocation
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks income and long term capital growth. The fund primarily invests in a diversified portfolio of fixed income investments and equity and equity-related securities. It may invest approximately 20% to 80% of total assets in equity and equity-related securities. The fund may invest up to 25% of total assets in publicly-traded master limited partnerships (MLPs). It may also invest up to 25% of total assets in derivatives, including options, futures and swaps.


1 month+0.26% 3 years+8.36%
3 months+1.47% 5 years+7.52%
1 year+8.15% Since inception+5.05%
Data through --

Peer Comparisonvs. Tactical allocation

Performance 5-yr return+7.52%+9.87%
Expense ratio2.27%1.67%
Risk 5 year sharpe ratio1.391.04
Net assets$114.9M$1.0B
Average market cap$41.2B$26.1B
Average P/E18.918.2
Portfolio turnover210%210%

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Fund Management and Purchase Info

Fund familyTarget Program
Fund manager & tenureChris Dialynas / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income71.06%
U.S. stock20.30%
International stock1.50%
Top 5 Sectors
Portfolio weighting
Financial service 17.26%
Industrial materials 15.62%
Consumer service 12.65%
Energy 8.74%
Healthcare 8.41%
Top 10 Holdings
Portfolio weighting
-- 90day Euro$ Future 12/14/15 Notional Euro$ 3mo Td13.52%
-- NYSE/Liffe 10 Year US Treasury Note Future Sept149.70%
-- 90day Euro$ Futr 09/14/15 Notional Euro$ 3mo Td8.62%
-- 90day Euro$ Future 03/14/16 Notional Euro$ 3mo Td5.83%
-- 5 Year US Treasury Note Future Sept143.80%
-- FNMA2.55%
-- US Treasury Bond 3.375%2.35%
-- (S)cme Irs Usd3.00 3ml06-19-13 Sel Receiver Swap; No Pmt; 3.0000; Effdt06-12.04%
-- (S)cme Irs Usd3.00 3ml06-19-13 Sel Receiver Swap; No Pmt; 3.0000; Effdt06-11.92%
-- 90day Euro$ Futr 06/13/16 Notional Euro$ 3mo Td1.60%

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