Fund Evaluator:
PFG JP Morgan Tactical Moderate Strat I (PFJDX)
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Best Performing in Moderate Allocation Over the Last Year
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Fund Details
PFG JP Morgan Tactical Moderate Strat I Overview
PFG JP Morgan Tactical Moderate Strat I (PFJDX) is an actively managed Allocation Moderate Allocation fund. The Pacific Financial Group launched the fund in 2018.
The investment seeks capital appreciation with a secondary objective of income. The fund seeks to achieve its investment objective by investing more than 80% of the fund’s assets, plus any amounts for borrowing, in shares of mutual funds or ETFs advised by J.P. Morgan®, under normal market circumstances. Each JP Morgan® underlying fund and Other underlying fund invests primarily in equity and/or fixed-income securities, to obtain exposure to the broad equity and fixed income markets.
About PFG JP Morgan Tactical Moderate Strat I (PFJDX)
There are 1 members of the management team with an average tenure of 1.37 years: Greg Silberman (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Morningstar Mod Tgt Risk TR USD index with a weighting of 100% and Morningstar Mod Agg Tgt Risk TR USD index with a weighting of 100%. PFG JP Morgan Tactical Moderate Strat I has 21 securities in its portfolio. The top 10 holdings constitute 84.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
PFG JP Morgan Tactical Moderate Strat I is part of the Allocation global asset class and is within the Allocation fund group. PFG JP Morgan Tactical Moderate Strat I has 21.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 46.6%. There is 18.7% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 32.2% (29.4% domestic bond, 2.8% foreign bond and 0.0% convertible bond). PFG JP Morgan Tactical Moderate Strat I has 2.3% of the portfolio in cash.
Assets Under Management
The fund has $141 million in total assets, which is below the $2 billion average for the Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PFJDX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PFG JP Morgan Tactical Moderate Strat I expense ratio is high compared to funds in the Moderate Allocation category. PFG JP Morgan Tactical Moderate Strat I has an expense ratio of 2.23%, which is 124% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. PFG JP Morgan Tactical Moderate Strat I has a portfolio turnover rate of 47%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 52% for the Moderate Allocation category.
Recently, in the month of July 2026, PFG JP Morgan Tactical Moderate Strat I returned -1.2%, which earned it a grade of F, as the Moderate Allocation category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
PFG JP Morgan Tactical Moderate Strat I has a trailing yield of 2.75%, which is above the 1.97% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
PFG JP Morgan Tactical Moderate Strat I Grades
Year to date, the fund has returned 5.0%, 1.4 percentage points worse than the category, which translates into a grade of D. The fund has returned 11.3% over the past year (grade of D), 10.4% over the past three years (grade of D) and 4.8% per year over the past five years (grade of F).
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PFJDX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PFJDX Return (NAV) | -1.2% | 1.5% | 11.3% | 10.4% | 4.8% | na |
| PFJDX Grade | F | F | D | D | F | na |
| +/- Category | -0.9% | -0.6% | -1.8% | -1.7% | -1.8% | na |
| Moderate Allocation Avg | -0.3% | 2.1% | 13.1% | 12.0% | 6.6% | 8.5% |
| PFJDX Tax Cost Ratio | na | na | 1.8% | 0.8% | 1.3% | na |
PFJDX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PFJDX Return (NAV) | 5.0% | 13.1% | 10.2% | 12.5% | -15.8% | 11.1% | 8.4% | 16.3% | na | na | na |
| PFJDX Grade | D | C | D | D | D | F | F | F | na | na | na |
| +/- Category | -1.4% | -0.2% | -2.1% | -1.8% | -1.9% | -3.3% | -4.5% | -3.5% | na | na | na |
| Moderate Allocation Avg | 6.4% | 13.4% | 12.2% | 14.3% | -14.0% | 14.4% | 12.9% | 19.8% | -5.1% | 13.8% | 7.7% |
| Risk Measures | |
| Standard Deviation: | 9.4% |
| Total Risk Index: | 0.77 - Below Average |
| Category Risk Index: | 1.02 - Average |
| Category Risk Grade: | C (57% Rank) |
| Beta: | 0.98 |
| R-Squared: | 95% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 2.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $141 Mil |
| Fund Total Assets: | $ 141 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 47% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 1.4 years | |||
| Average Tenure: 1.4 years | |||
| Managers (Year): Silberman Greg (2025) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 21 |
| % in Top 10 Holdings: | 84.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 21.5% |
Portfolio Allocation |
|
| Domestic Stock: | 46.6% |
| Foreign Stock: | 18.7% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 29.4% |
| Foreign Bond: | 2.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 2.3% |
Purchase Information
| Fund Family: | The Pacific Financial Group |
| Phone Number: | 888-451-8734 |
| Website: |
| Status: | Open |
| Inception Date: | March 15, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.23% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.99% |
| Share Class: | PFG JP Morgan Tactical Moderate Strat I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
