Morningstar Magazine - April/May 2018 - Cover3

CONCERNED ABOUT
RISING RATES?
CONCERNED
ABOUT
RISING RATES?
Consider Fixed-Income Funds that Emphasize Corporate Debt

Consider Fixed-Income Funds that Emphasize Corporate Debt

PACIFIC FUNDS SM
Short Duration
Income

PACIFIC FUNDS SM
Core
Income

PACIFIC FUNDS SM
Strategic
Income

SM SM
PACIFIC
PACIFICFUNDS
FUNDS
Short
Floating
Duration
Rate
Income
Income

SM SM
PACIFIC
PACIFICFUNDS
FUNDS
Core
Limited
Duration
High
Income
Income

SM SM
PACIFIC
PACIFICFUNDS
FUNDS
High
Strategic
Income
Income

Income

PLDSX

PLIDX

PLSFX

PLDSX
PLFDX

PLIDX
PLLYX

PLSFX
PLHYX

PLFDX

PACIFIC FUNDS SM
PACIFIC FUNDS SM
PACIFIC FUNDS SM
PACIFIC FUNDS SM
PACIFIC FUNDS SM
PACIFIC FUNDS SM
Pacific
Life Duration
Insurance Company is the
administrator for Pacific
Funds. It is not a fiduciary
thereforeLimited
does not give
advice or make recommendations
Core
High
Short
Strategic
Floatingand
Rate
Duration
regarding
insurance or investmentIncome
products.
regarding Income
insurance or investment
products.
Income
Income
High
Income
Income
Investors should consider a fund's investment goal, risks, charges, and expenses carefully before investing. The prospectus and/or
PLDSX summary prospectus
PLIDX contain this and
PLSFX
PLLYX
PLHYXadvisor
the applicable
other information PLFDX
about the fund and are
available from a financial
or
www.PacificFunds.com.
The
prospectus
and/or
summary
prospectus
should
be
read
carefully
before
investing.
Pacific Life Insurance Company is the administrator for Pacific Funds. It is not a fiduciary and therefore does not give advice or make recommendations
All
investing
involves
including
the possible loss of the principal amount invested. Debt securities with longer durations or fixed interest
regarding
insurance
or risk,
investment
products.
rates
tend should
to be more
sensitive
to changes
in interest
rates,
making
them and
generally
more carefully
volatile than
debt investing.
securities with
durations
or
Investors
consider
a fund's
investment
goal,
risks,
charges,
expenses
before
Theshorter
prospectus
and/or
floating
or
adjustable
interest
rates.
Floating-rate
loans
(usually
rated
below
investment
grade)
and
high-yield/high-risk
bonds
("junk
bonds")
have
the
applicable
summary
prospectus securities/higher-quality
contain this and otherbonds
information
fund
andThese
are available
a financialwith
advisor
greater
risk of default
than higher-rated
that mayabout
have athe
lower
yield.
and other from
risks associated
each
or
www.PacificFunds.com.
The
and/orAll
summary
prospectus
should
befirms,
read and
carefully
investing.
fund
are described more fully in
theprospectus
fund's prospectus.
funds may
not be available
at all
not all before
investors
may be eligible for all share
All investing
involvesare
risk,
including
the possible
lossfunds
of theforprincipal
amount
invested.
Debt securities
withare
longer
durations
classes.
The tickers
used
to uniquely
identify the
transactional
purposes
(Advisor
Class shares
shown
above). or fixed interest
rates
toare
be offered
more sensitive
changes
in interest
rates,
makingbythem
generally
more
volatile
than
debt
securities
with&are
shorter
Mutualtend
funds
by PacifictoFunds.
Pacific
Funds are
distributed
Pacific
Mutual
funds
Select
are
Distributors,
offered
by Pacific
LLC
Funds.
(member
Pacific
FINRA
Funds
SIPC),
distributed
adurations
subsidiary
by or
of
floating
or Insurance
adjustableCompany
interest rates.
Floating-rate
loans
rated through
below investment
grade)
andPacific
high-yield/high-risk
have
Pacific Life
(Newport
Beach, CA),
and(usually
are available
licensed third
parties.
Funds refers tobonds
Pacific("junk
Fundsbonds")
Series Trust.
greater risk of default than higher-rated securities/higher-quality bonds that may have a lower yield. These and other risks associated with each
fund No
are bank
described
more fully
in athe
fund's *prospectus.
All funds
not be available
at all* Not
firms,insured
and notbyallany
investors
be eligible agency
for all share
guarantee
* Not
deposit
May lose value
* Notmay
FDIC/NCUA
insured
federalmay
government
classes. The tickers are used to uniquely identify the funds for transactional purposes (Advisor Class shares are shown above).
Mutual funds are offered
by PacificFUNDS:
Funds. PacificFIXED
Funds areINCOME.
distributed by Pacific
Distributors, LLC
(member
FINRA & SIPC), a subsidiary of
PACIFIC
ASSETSelect
ALLOCATION.
U.S.
EQUITIES.
Pacific Life Insurance Company (Newport Beach, CA), and are available through licensed third parties. Pacific Funds refers to Pacific Funds Series Trust.
No bank guarantee * Not a deposit * May lose value * Not FDIC/NCUA insured * Not insured by any federal government agency

PACIFIC FUNDS: FIXED INCOME. ASSET ALLOCATION. U.S. EQUITIES.
MFC0579-0917
Publication: Morningstar

Fixed Income Ad_HiRise
MFC0579-0917
Prepared by:
Pacific
Life Insurance Company Issue: April/May 2018
Issue: April/May 2018 Publication:
Morningstar

http://www.PacificFunds.com

Table of Contents for the Digital Edition of Morningstar Magazine - April/May 2018