PFG BNY Mellon Diversifier Strategy Fund (PFADX)
PFG BNY Mellon Diversifier Strategy Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $9.88, up 0.10% on the session, giving a market capitalisation of $114.6M. Its beta of 0.59 implies it has historically moved less than the broad market.
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').
PFG BNY Mellon Diversifier Strategy Fund is most often compared with the following Financial Services names: