Fund Evaluator:

PFG Meeder Tactical Strat I Overview

PFG Meeder Tactical Strat I (PFTEX) is an actively managed Allocation Tactical Allocation fund. The Pacific Financial Group launched the fund in 2017.

The investment seeks capital appreciation. 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 and ETFs managed by Meeder. The Adviser invests in Meeder underlying funds and Other underlying funds that have a maximum exposure of 90% in domestic and foreign equity securities of any market capitalization and a minimum exposure of 10% to domestic and foreign fixed income securities of any duration or credit quality including high yield bonds (also known as junk bonds).

About PFG Meeder Tactical Strat I (PFTEX)

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 1 primary benchmark: Morningstar Mod Tgt Risk TR USD index with a weighting of 100%. PFG Meeder Tactical Strat I has 10 securities in its portfolio. The top 10 holdings constitute 100.1% 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 Meeder Tactical Strat I is part of the Allocation global asset class and is within the Allocation fund group. PFG Meeder Tactical Strat I has 16.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.1%. There is 14.9% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 8.0% (6.5% domestic bond, 1.6% foreign bond and 0.0% convertible bond). PFG Meeder Tactical Strat I has 1.9% of the portfolio in cash.

Assets Under Management

The fund has $134 million in total assets, which is below the $222 million average for the Tactical 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.

PFTEX 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 Meeder Tactical Strat I expense ratio is high compared to funds in the Tactical Allocation category. PFG Meeder Tactical Strat I has an expense ratio of 3.05%, which is 73% 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 Meeder Tactical Strat I has a portfolio turnover rate of 16%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 196% for the Tactical Allocation category.

Recently, in the month of July 2026, PFG Meeder Tactical Strat I returned -0.3%, which earned it a grade of B, as the Tactical Allocation category had an average return of -0.9%. 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 Meeder Tactical Strat I has a trailing yield of 0.76%, which is below the 2.86% 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 Meeder Tactical Strat I Grades

Year to date, the fund has returned 9.0%, 0.7 percentage points better than the category, which translates into a grade of B. The fund has returned 17.8% over the past year (grade of B), 12.6% over the past three years (grade of B) and 6.9% per year over the past five years (grade of B).

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