Annual Fund Operating Expenses
as of 10/01/2011
| |
Advisory Fees |
12b-1 |
Shareholder |
Other |
Total Operating
Expenses |
| |
Gross |
Net |
Fee |
Servicing Fee |
Expenses |
Gross |
Net |
| Advisor Shares |
0.15 |
0.00 |
0.00 |
0.10 |
0.15 |
0.40 |
0.07 |
Institutional
Shares |
0.15 |
0.00 |
0.00 |
N/A |
0.15 |
0.30 |
0.07 |
| Service Shares |
0.15 |
0.00 |
0.00 |
0.25 |
0.15 |
0.55 |
0.07 |
Quick Stats |
as of 12/31/2011 |
| Inception |
10/1/2009 |
| Ticker |
PAVXX |
| CUSIP |
73015P203 |
| Net Assets |
$98,563,639 |
| WAM |
45.64 days
As of 2/03/2012 |
Daily Price
as of 2/3/12
| NAV |
POP |
Chg ($) |
Chg (%) |
| $1.00 |
$1.00 |
$0.00 |
0.00% |
Risk/Reward Chart
Portfolio Management
|
Andrew D. Harding
Managing Director, Chief Investment Officer/Fixed Income
|
|
Richard J. Stevenson
Portfolio Manager
|
|
Patrick J. Azouri, CFA
Portfolio Manager
|
|
Kelley Peel
Portfolio Manager
|
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.
1As of most recent month-end. The Morningstar Style Box reveals the Fund’s investment strategy. For fixed-income funds, the vertical axis shows the average credit quality of the bonds owned and the horizontal axis shows interest-rate sensitivity as measured by a bond’s duration (short, intermediate or long). Credit quality ratings are subject to change. For more complete information about how fixed income style boxes are categorized, please click here to view the Morningstar.com style box analysis.