About PDAVX
PineBridge Dynamic Asset Allocation Fund Investor Servicing Shares is a global allocation mutual fund designed to deliver total return through an actively managed, diversified portfolio. Its primary function is to dynamically allocate capital across multiple asset classes—including equities, fixed income, alternatives, and cash—across both U.S. and international markets, including exposure to both developed and emerging economies. The fund flexibly invests in a broad range of instruments, such as government and corporate bonds, high-yield debt, and derivatives, as well as equities from different sectors and geographies. This enables the fund to seek attractive opportunities and manage risk regardless of prevailing market conditions. Notably, the fund incorporates investments in specialized markets like China's A-shares via Stock Connect and access to China’s bond markets through Bond Connect programs, further enhancing its global diversification. Launched in 2016, the fund plays a significant role for investors seeking a balanced risk/return profile and diversification through active asset allocation strategies in the global investment landscape.
Fund Family PineBridge
Category Tactical Allocation
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PDAVX
Share Class Investor Servicing Shares
Index MSCI AC World NR USD
PDAVX had a total return of 13.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.54%.