Ultra Short Bond FundPNCIXShare Class

select

I
A

Overview Portfolio Strategy / Process Performance Team ~~Fees~~

Annual Fund Operating Expenses

as of 10/01/2009

	Advisory Fee	12b-1 fee	Shareholder servicing fee	Other expenses	Total Operating Expenses
A-Shares	0.20	0.03	0.25	0.18	0.66
I-Shares	0.20	0.00	N/A	0.18	0.38

Quick Stats

as of 7/31/2010

Inception	12/2/2002
Ticker	PNCIX
CUSIP	69351J538
Net Assets	$368,348,887
Avg Wtd Maturity	0.9 years
Duration	0.71 years

Morningstar Style

Ultrashort Bond

Daily Price

as of9/8/10

NAV	POP	Chg ($)	Chg (%)
$10.05	$10.05	$0.00	0.00%

Monthly Morningstar
Ratings

Risk/Reward Chart

Portfolio Management

	Andrew D. Harding Chief Investment Officer, Fixed Income
	Mark A. Lozina, CFA Senior Portfolio Manager
	Timothy D. Compan Jr., CFA Senior Portfolio Manager
	Sean Rhoderick, CFA Senior Portfolio Manager

Downloads

Fund Factsheet
Prospectus

Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

NOT FDIC INSURED | NO BANK OR FEDERAL GOVERNMENT GUARANTEE | MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the PNC Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

PNC Capital Advisors, LLC, a subsidiary of The PNC Financial Services Group Inc., serves as investment adviser and co-administrator to PNC Funds and receives fees for its services. Shares of PNC Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with PNC and is not a bank.

©2010 The PNC Financial Services Group, Inc. All rights reserved.

Ultra Short Bond FundPNCIXShare Class select IA