Pacific Life Funds

0001193125-12-512412.txt : 20121221 0001193125-12-512412.hdr.sgml : 20121221 20121221134406 ACCESSION NUMBER: 0001193125-12-512412 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20121221 DATE AS OF CHANGE: 20121221 EFFECTIVENESS DATE: 20121221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC LIFE FUNDS CENTRAL INDEX KEY: 0001137761 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-61366 FILM NUMBER: 121280565 BUSINESS ADDRESS: STREET 1: 700 NEWPORT CENTER DRIVE STREET 2: POST OFFFICE BOX 7500 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 9492193233 MAIL ADDRESS: STREET 1: 700 NEWPORT CENTER DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC FUNDS DATE OF NAME CHANGE: 20010405

0001137761 S000001887 PL PORTFOLIO OPTIMIZATION CONSERVATIVE

C000004960 CLASS A POAAX

C000004961 CLASS B POABX

C000004962 CLASS C POACX

C000004963 CLASS R POARX

0001137761 S000001898 PL PORTFOLIO OPTIMIZATION MODERATE-CONSERVATIVE

C000004990 CLASS A POBAX

C000004991 CLASS B POBBX

C000004992 CLASS C POBCX

C000004993 CLASS R POBRX

0001137761 S000001901 PL PORTFOLIO OPTIMIZATION MODERATE

C000005000 CLASS A POCAX

C000005001 CLASS B POMBX

C000005002 CLASS C POMCX

C000005003 CLASS R POCRX

0001137761 S000001902 PL PORTFOLIO OPTIMIZATION MODERATE-AGGRESSIVE

C000005004 CLASS A PODAX

C000005005 CLASS B PODBX

C000005006 CLASS C PODCX

C000005007 CLASS R PODRX

0001137761 S000001903 PL PORTFOLIO OPTIMIZATION AGGRESSIVE

C000005008 CLASS A POEAX

C000005009 CLASS B POEBX

C000005010 CLASS C POCEX

C000005011 CLASS R POERX

0001137761 S000030505 PL INCOME FUND

C000093886 CLASS A PLIAX

C000093887 CLASS I PLIIX

C000102195 Class C PLNCX

C000114643 ADVISOR CLASS PLIDX

0001137761 S000033079 PL FLOATING RATE INCOME FUND

C000101967 CLASS I PLFRX

C000105437 Class A PLFLX

C000105438 Class C PLBCX

C000114644 ADVISOR CLASS PLFDX

0001137761 S000034880 PL HIGH INCOME FUND

C000107271 CLASS A PLAHX

C000107272 CLASS C PLCHX

C000107273 CLASS I PLHIX

C000114645 ADVISOR CLASS PLHYX

0001137761 S000034881 PL SHORT DURATION INCOME FUND

C000107274 CLASS A PLADX

C000107275 CLASS C PLCSX

C000107276 CLASS I PLSDX

C000114646 ADVISOR CLASS PLDSX

0001137761 S000034882 PL STRATEGIC INCOME FUND

C000107277 CLASS A PLSTX

C000107278 CLASS C PLCNX

C000107279 CLASS I PLSRX

C000114647 ADVISOR CLASS PLSFX

497 1 d441115d497.htm PACIFIC LIFE FUNDS Pacific Life Funds

LOGO

December 21, 2012

Via EDGAR

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C., 20549

Re: Pacific Life Funds

(File Nos. 333-61366 and 811-10385)

Dear Sir or Madam:

On behalf of Pacific Life Funds (the “Trust”), transmitted herewith for filing pursuant to Rule 497 under the Securities Act of 1933, as amended (“Rule 497”), is the exhibit in the eXtensible Business Reporting Language (XBRL) format that reflects the risk/return summary information included in the prospectus supplement filed pursuant to Rule 497 on November 30, 2012 (accession number 0001193125-12-486094), to the Pacific Life Funds Prospectus dated July 1, 2012. Such supplement is incorporated by reference into this Rule 497 document.

If you have any questions or comments, please contact the undersigned at (949) 219-3391 or by e-mail at jglallande@pacificlife.com.

Sincerely,

/s/ J. G. Lallande

J.G. Lallande, Esq.,

Fund Counsel

cc:	Audrey L. Cheng, Esq., Fund Counsel

Anthony H. Zacharski, Esq., Dechert LLP

EX-101.INS 2 plf4-20121130.xml XBRL INSTANCE DOCUMENT 0001137761 2011-07-02 2012-07-01 0001137761 plf4:S000001887Member plf4:C000005004Member 2011-07-02 2012-07-01 0001137761 plf4:S000001887Member plf4:C000005005Member 2011-07-02 2012-07-01 0001137761 plf4:S000001887Member plf4:C000005006Member 2011-07-02 2012-07-01 0001137761 plf4:S000001887Member plf4:C000005007Member 2011-07-02 2012-07-01 0001137761 plf4:S000001887Member 2011-07-02 2012-07-01 0001137761 plf4:S000001898Member plf4:C000005004Member 2011-07-02 2012-07-01 0001137761 plf4:S000001898Member plf4:C000005005Member 2011-07-02 2012-07-01 0001137761 plf4:S000001898Member plf4:C000005006Member 2011-07-02 2012-07-01 0001137761 plf4:S000001898Member plf4:C000005007Member 2011-07-02 2012-07-01 0001137761 plf4:S000001898Member 2011-07-02 2012-07-01 0001137761 plf4:S000001901Member 2011-07-02 2012-07-01 0001137761 plf4:S000001901Member plf4:C000005004Member 2011-07-02 2012-07-01 0001137761 plf4:S000001901Member plf4:C000005005Member 2011-07-02 2012-07-01 0001137761 plf4:S000001901Member plf4:C000005006Member 2011-07-02 2012-07-01 0001137761 plf4:S000001901Member plf4:C000005007Member 2011-07-02 2012-07-01 0001137761 plf4:S000001902Member plf4:C000005004Member 2011-07-02 2012-07-01 0001137761 plf4:S000001902Member plf4:C000005005Member 2011-07-02 2012-07-01 0001137761 plf4:S000001902Member plf4:C000005006Member 2011-07-02 2012-07-01 0001137761 plf4:S000001902Member plf4:C000005007Member 2011-07-02 2012-07-01 0001137761 plf4:S000001902Member 2011-07-02 2012-07-01 0001137761 plf4:S000001903Member 2011-07-02 2012-07-01 0001137761 plf4:S000001903Member plf4:C000005004Member 2011-07-02 2012-07-01 0001137761 plf4:S000001903Member plf4:C000005005Member 2011-07-02 2012-07-01 0001137761 plf4:S000001903Member plf4:C000005006Member 2011-07-02 2012-07-01 0001137761 plf4:S000001903Member plf4:C000005007Member 2011-07-02 2012-07-01 0001137761 plf4:S000034881Member plf4:C000114646Member 2011-07-02 2012-07-01 0001137761 plf4:S000034881Member 2011-07-02 2012-07-01 0001137761 plf4:S000034882Member plf4:C000114646Member 2011-07-02 2012-07-01 0001137761 plf4:S000034882Member 2011-07-02 2012-07-01 0001137761 plf4:S000030505Member plf4:C000114646Member 2011-07-02 2012-07-01 0001137761 plf4:S000030505Member 2011-07-02 2012-07-01 0001137761 plf4:S000033079Member plf4:C000114646Member 2011-07-02 2012-07-01 0001137761 plf4:S000033079Member 2011-07-02 2012-07-01 0001137761 plf4:S000034880Member plf4:C000114646Member 2011-07-02 2012-07-01 0001137761 plf4:S000034880Member 2011-07-02 2012-07-01 pure iso4217:USD false 2012-03-31 675 708 308 158 953 1056 656 504 1265 1345 1145 888 2147 2302 2492 1965 675 208 208 158 953 656 656 504 1265 1145 1145 888 2147 2302 2492 1965 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) The expense information has been restated to reflect current fees. The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. Your expenses (in dollars) if you SELL your shares at the end of each period. Your expenses (in dollars) if you DON'T SELL your shares at the end of each period. The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table> <div>  <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Conservative Fund: Mid-Capitalization Companies Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. </div> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table> 680 713 313 163 967 1072 672 519 1290 1371 1171 914 2200 2354 2544 2019 680 213 213 163 967 672 672 519 1290 1171 1171 914 2200 2354 2544 2019 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) The expense information has been restated to reflect current fees. The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. Your expenses (in dollars) if you SELL your shares at the end of each period. Your expenses (in dollars) if you DON'T SELL your shares at the end of each period. The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Moderate-Conservative Fund: Inflation-Indexed Debt Securities Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) The expense information has been restated to reflect current fees. The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. Your expenses (in dollars) if you SELL your shares at the end of each period. Your expenses (in dollars) if you DON'T SELL your shares at the end of each period. The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Moderate Fund: Short Sale Risk is deleted from the Principal risks from holdings in Underlying Funds subsection and the following is added:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High-Yield or "Junk" Securities Risk: High yield securities are typically issued by companies that are highly leveraged, less creditworthy or financially distressed and are considered to be mostly speculative in nature (high risk), potentially less liquid, and subject to a greater risk of loss, that is they are more likely to default than higher rated securities. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table> 685 718 318 168 981 1086 686 533 1311 1393 1193 936 2243 2397 2586 2063 685 218 218 168 981 686 686 533 1311 1193 1193 936 2243 2397 2586 2063 689 722 322 172 993 1098 698 546 1331 1413 1213 957 2285 2439 2627 2106 689 222 222 172 993 698 698 546 1331 1213 1213 957 2285 2439 2627 2106 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) The expense information has been restated to reflect current fees. The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. Your expenses (in dollars) if you SELL your shares at the end of each period. Your expenses (in dollars) if you DON'T SELL your shares at the end of each period. The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. The expense information has been restated to reflect current fees. Your expenses (in dollars) if you SELL your shares at the end of each period. Your expenses (in dollars) if you DON'T SELL your shares at the end of each period. The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table>PL Portfolio Optimization Aggressive Fund: The following is added to the Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> U.S. Government Securities Risk: Not all U.S. government securities are backed or guaranteed by the U.S. government and different U.S. government securities are subject to varying degrees of credit risk. There is risk that the U.S. government will not provide financial support to U.S. government agencies, instrumentalities or sponsored enterprises if it is not obligated to do so by law. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table> 691 725 325 175 1004 709 1109 557 1352 1434 1234 979 2333 2487 2674 2156 691 225 225 175 1004 709 709 557 1352 1234 1234 979 2333 2487 2674 2156 2012-07-01 PACIFIC LIFE FUNDS 0001137761 2012-11-30 Other 0.004 0 0.0058 0.0001 0.0099 -0.0038 0.0061 62 195 430 1103 62 195 430 1103 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) Your expenses (in dollars) if you SELL your shares at the end of each period Your expenses (in dollars) if you DON'T SELL your shares at the end of each period 0.006 0 0.0055 0.0005 0.012 -0.0035 0.0085 87 271 1356 553 87 271 553 1356 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) Your expenses (in dollars) if you SELL your shares at the end of each period Your expenses (in dollars) if you DON'T SELL your shares at the end of each period 0.005 0 0.0051 0.0001 0.0102 -0.0036 0.0066 62 201 442 1135 1135 442 201 62 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) Your expenses (in dollars) if you SELL your shares at the end of each period Your expenses (in dollars) if you DON'T SELL your shares at the end of each period 0.0065 0 0.0001 0.0109 -0.0028 0.0081 83 264 1254 520 83 264 520 1254 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) Your expenses (in dollars) if you SELL your shares at the end of each period 0.006 0 0.0067 0.0127 -0.0047 0.008 82 255 554 1402 82 255 554 1402 Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) Your expenses (in dollars) if you SELL your shares at the end of each period Your expenses (in dollars) if you DON'T SELL your shares at the end of each period SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following:   PL Portfolio Optimization Conservative Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment) <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 1%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">  <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.43%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.18%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.18%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.68%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.30%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.05%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.05%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.55%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16"> Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">675</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">708</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">308</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">158</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">953</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,056</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">504</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,265</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,345</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">888</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,147</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,302</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,492</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,965</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">675</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">208</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">208</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">158</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">953</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">504</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,265</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">888</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,147</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,302</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,492</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,965</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div><div style="position: relative; padding-bottom: 8px; WIDTH: 100%; padding-right: 9px; FLOAT: left; overflow: hidden; margin-right: 1%; padding-top: 3px">The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table></div> <div>  <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Conservative Fund: Mid-Capitalization Companies Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. </div> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following:   <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 1%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Portfolio Optimization Moderate-Conservative Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.48%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.23%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.23%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.73%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.35%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.10%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.10%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">680</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">713</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">313</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">163</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">967</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,072</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">519</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,290</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,371</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">914</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,200</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,354</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,544</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,019</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">680</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">163</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">967</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">519</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,290</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">914</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,200</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,354</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,544</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,019</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div>   The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Moderate-Conservative Fund: Inflation-Indexed Debt Securities Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following: <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left"> PL Portfolio Optimization Moderate Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.52%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.77%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.40%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.15%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.15%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.65%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">685</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">718</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">318</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">168</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">981</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,086</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">533</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,311</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,393</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">936</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,243</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,397</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,586</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,063</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">685</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">218</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">218</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">168</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">981</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">533</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,311</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">936</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,243</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,397</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,586</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,063</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div>  The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Moderate Fund: Short Sale Risk is deleted from the Principal risks from holdings in Underlying Funds subsection and the following is added:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High-Yield or "Junk" Securities Risk: High yield securities are typically issued by companies that are highly leveraged, less creditworthy or financially distressed and are considered to be mostly speculative in nature (high risk), potentially less liquid, and subject to a greater risk of loss, that is they are more likely to default than higher rated securities. </td></tr></table> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following:   PL Portfolio Optimization Moderate-Aggressive Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment) <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 1%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">  <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.56%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.31%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.31%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.81%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.44%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.19%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.19%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.69%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">689</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">722</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">322</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">172</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">993</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,098</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">546</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,331</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,413</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">957</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,285</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,439</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,627</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,106</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">689</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">222</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">222</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">172</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">993</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">546</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,331</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">957</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,285</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,439</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,627</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,106</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div><div style="HEIGHT: 0px; CLEAR: both; FONT-SIZE: 0px"> </div>   The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following: PL Portfolio Optimization Aggressive Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment) <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 15px; FLOAT: left; OVERFLOW: hidden; margin-left: 2%; padding-top: 3px">   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.61%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.36%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.36%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.86%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.47%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.22%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.22%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.72%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table></div> <div style="position: relative; padding-bottom: 8px; WIDTH: 45%; padding-right: 0px; FLOAT: right; OVERFLOW: hidden; padding-top: 3px: margin-left: 1%;">       <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="95%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">691</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">725</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">325</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">175</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,004</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,109</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">557</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,352</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,434</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">979</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,333</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,487</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,674</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,156</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="95%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">691</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">225</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">225</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">175</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,004</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">557</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,352</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">979</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,333</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,487</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,674</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,156</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div><div style="HEIGHT: 0px; CLEAR: both; FONT-SIZE: 0px"> </div>   The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table>PL Portfolio Optimization Aggressive Fund: The following is added to the Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> U.S. Government Securities Risk: Not all U.S. government securities are backed or guaranteed by the U.S. government and different U.S. government securities are subject to varying degrees of credit risk. There is risk that the U.S. government will not provide financial support to U.S. government agencies, instrumentalities or sponsored enterprises if it is not obligated to do so by law. </td></tr></table> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: </div>Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed.   <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-LEFT: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-RIGHT: 8px; border-top: #000000 1px solid; border-RIGHT: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-LEFT: 8px; border-top: #000000 1px solid; border-RIGHT: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-RIGHT: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.40%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.58%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.99%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.38%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.61%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">62</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">195</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">430</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,103</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed. </div><div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.51%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.02%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.36%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.66%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">62</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">201</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">442</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,135</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   </div> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed. <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left"> PL Strategic Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.55%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.05%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.35%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.85%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">87</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">271</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">553</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,356</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed. </div> <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Floating Rate Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.65%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.43%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.09%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.81%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">83</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">264</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">520</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,254</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed. </div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: left; OVERFLOW: hidden; margin-right: 1%; padding-top: 3px"> PL High Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.67%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.47%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   </div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; OVERFLOW: hidden; padding-top: 3px">     <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">82</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">255</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">554</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,402</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> 0.0043 0.002 0.002 0.002 0.002 0.0025 0.01 0.01 0.005 0.0028 0.0028 0.0028 0.0028 0.007 0.007 0.007 0.007 0.0143 0.0218 0.0218 0.0168 -0.0013 -0.0013 -0.0013 -0.0013 0.013 0.0205 0.0205 0.0155 0.002 0.002 0.002 0.002 0.0025 0.01 0.01 0.005 0.0028 0.0028 0.0028 0.0028 0.0075 0.0075 0.0075 0.0075 0.0148 0.0223 0.0223 0.0173 -0.0013 -0.0013 -0.0013 -0.0013 0.0135 0.021 0.021 0.016 0.002 0.002 0.002 0.002 0.0025 0.01 0.01 0.005 0.0027 0.0027 0.0027 0.0027 0.008 0.008 0.008 0.008 0.0152 0.0227 0.0227 0.0177 -0.0012 -0.0012 -0.0012 -0.0012 0.014 0.0215 0.0215 0.0165 0.002 0.002 0.002 0.002 0.0025 0.01 0.01 0.005 0.0027 0.0027 0.0027 0.0027 0.0084 0.0084 0.0084 0.0084 0.0156 0.0231 0.0231 0.0181 -0.0012 -0.0012 -0.0012 -0.0012 0.0144 0.0219 0.0219 0.0169 0.002 0.002 0.002 0.002 0.0025 0.01 0.01 0.005 0.0029 0.0029 0.0029 0.0029 0.0087 0.0087 0.0087 0.0087 0.0161 0.0236 0.0236 0.0186 -0.0014 -0.0014 -0.0014 -0.0014 0.0147 0.0222 0.0222 0.0172 SUPPLEMENT DATED NOVEMBER 30, 2012 TO THE PROSPECTUS FOR PACIFIC LIFE FUNDS CLASS A, B, C, I, R AND ADVISOR SHARES DATED JULY 1, 2012 This supplement revises the Pacific Life Funds Class A, B, C, I, R and Advisor Shares prospectus dated July 1, 2012 as supplemented September 28, 2012 (Prospectus), and must be preceded or accompanied by the Prospectus. The changes within this supplement are effective as of the date of commencement of operations for the PL Currency Strategies Fund, PL Absolute Global Return Fund, and PL Precious Metals Fund (expected to be December 7, 2012), unless otherwise noted. Remember to review the Prospectus for other important information. Disclosure Changes to the Fund Summaries section PL Portfolio Optimization Conservative Fund, PL Portfolio Optimization Moderate-Conservative Fund, PL Portfolio Optimization Moderate Fund, PL Portfolio Optimization Moderate-Aggressive Fund and PL Portfolio Optimization Aggressive Fund (the "PL Portfolio Optimization Funds"): Each PL Portfolio Optimization Fund's Annual fund operating expenses table and expense Examples are replaced with the following:   <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: left; overflow: hidden; margin-right: 1%; padding-top: 3px"> PL Portfolio Optimization Conservative Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.70%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.43%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.18%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.18%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.68%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.30%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.05%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.05%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.55%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16"> Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">675</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">708</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">308</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">158</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">953</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,056</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">504</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,265</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,345</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">888</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,147</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,302</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,492</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,965</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">675</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">208</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">208</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">158</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">953</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">656</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">504</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,265</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,145</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">888</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,147</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,302</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,492</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,965</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; overflow: hidden; padding-top: 3px"> PL Portfolio Optimization Moderate-Conservative Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td><td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.75%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.48%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.23%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.23%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.73%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.13%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.35%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.10%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.10%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">680</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">713</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">313</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">163</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">967</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,072</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">519</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,290</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,371</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">914</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,200</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,354</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,544</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,019</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">680</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">163</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">967</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">672</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">519</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,290</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,171</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">914</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,200</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,354</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,544</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,019</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> <div style="HEIGHT: 0px; CLEAR: both; FONT-SIZE: 0px"> </div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: left; overflow: hidden; margin-right: 1%; padding-top: 3px"> PL Portfolio Optimization Moderate Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.52%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.77%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.40%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.15%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.15%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.65%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">685</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">718</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">318</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">168</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">981</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td><td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,086</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">533</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,311</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,393</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">936</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,243</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,397</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,586</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,063</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">685</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">218</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">218</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">168</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">981</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">686</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">533</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,311</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,193</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">936</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,243</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,397</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,586</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,063</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; overflow: hidden; padding-top: 3px"> PL Portfolio Optimization Moderate-Aggressive Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.84%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.56%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.31%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.31%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.81%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.12%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.44%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.19%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.19%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.69%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">689</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">722</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">322</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">172</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">993</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,098</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">546</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,331</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,413</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">957</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,285</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,439</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,627</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,106</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">689</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">222</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">222</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">172</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">993</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">698</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">546</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,331</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,213</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">957</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top"> 10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,285</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,439</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,627</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,106</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: left; OVERFLOW: hidden; margin-right: 1%; padding-top: 3px"> PL Portfolio Optimization Aggressive Fund Annual fund operating expenses1 (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.25%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.00%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Other Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.29%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Acquired Funds Fees and Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">0.87%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top"> Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.61%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.36%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.36%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.86%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Expense Reimbursement2</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">(0.14%)</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses after Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.47%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.22%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">2.22%</td> <td style="border-bottom: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid" valign="bottom" align="right">1.72%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">1 </td> <td valign="top" align="left"> The expense information has been restated to reflect current fees. </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left">2 </td> <td valign="top" align="left"> The investment adviser has contractually agreed to limit certain "fund operating expenses" incurred by the fund that exceed an annual rate of 0.15% through 6/30/2015, and 0.30% from 7/1/2015 through 6/30/2023. The agreement will terminate: (i) if the investment advisory agreement is terminated, or (ii) upon ninety days' prior written notice by the Pacific Life Funds. The investment adviser may recoup amounts reimbursed in future periods, not to exceed 3 years from the end of the fiscal year in which the reimbursement took place, provided that the recoupment would not cause the fund to exceed the expense cap. </td></tr></table></div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; OVERFLOW: hidden; padding-top: 3px">       <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">691</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">725</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">325</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">175</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,004</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,109</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">557</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,352</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,434</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">979</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,333</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,487</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,674</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,156</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="16">Your expenses (in dollars) if you DON'T SELL your shares at the end of each period.</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="14" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">A</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">B</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">C</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">R</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">691</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">225</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">225</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">175</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,004</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">709</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">557</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,352</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,234</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">979</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,333</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,487</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,674</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">2,156</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table></div> <div style="HEIGHT: 0px; CLEAR: both; FONT-SIZE: 0px"> </div>   The second sentence of the second paragraph of each PL Portfolio Optimization Fund's Principal investment strategies subsection is replaced with the following: Within the broad asset classes of debt and equity, the fund diversifies its holdings by investing in Underlying Funds that represent a variety of investment styles and security types, including alternative or non-traditional investment strategies. Alternative or non-traditional investment strategies generally are expected to have low to moderate correlation to traditional equity and fixed income investments and, as a result, may offer diversification benefits. In the same subsection, the following is added as the fourth paragraph: The portion of the fund invested in alternative or non-traditional investment strategies may be allocated to Underlying Funds that, in turn, invest in equity or debt securities or other instruments, which may include, among others:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Forward foreign currency contracts; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Foreign currency options; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High yield debt securities; </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Swaps (such as interest rate, cross-currency, total return and credit default swaps); </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Futures on securities, indexes, currencies and other investments; and </td></tr></table> <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Precious metals-related equity securities. </td></tr></table> In the same subsection, the first sentence of the current fourth paragraph is replaced with the following: The fund may also, at any time invest in Underlying Funds that hold other debt or equity securities or other instruments.  The following is added to each PL Portfolio Optimization Fund's Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Correlation Risk: While the performance of an Underlying Fund that represents an alternative or non-traditional investment strategy is generally expected to have low to moderate correlation with the performance of traditional equity and fixed income investments over long-term periods, the actual performance of such Underlying Fund may be correlated with those traditional investments over short- or long-term periods. Should there be periods when such Underlying Fund's performance is correlated with those traditional investments, any intended diversification effect of including such alternative or non-traditional Underlying Fund as part of an asset allocation strategy may not be achieved, thereby resulting in increased volatility of an asset allocation strategy that includes the Underlying Fund. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Non-Diversification Risk: An Underlying Fund that is classified as non-diversified may invest a greater percentage of its assets in a single issuer or a fewer number of issuers than a diversified fund. This increases potential price volatility and the risk that its value could go down because of the poor performance of a single investment or a small number of investments. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Regulatory Impact Risk: Certain financial instruments are subject to extensive government regulation, which may change frequently and impact a fund significantly. </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> Short Exposure Risk: When a fund takes a short position using derivative instruments in anticipation of a decline in the market price (i.e., spot price or spot rate) of the underlying reference asset, such as entering into a derivative contract to sell a currency at a predetermined price for future delivery (forward foreign currency contract) in anticipation of a decline in the market price of the underlying currency, it is subject to the risk that the reference asset will increase in value, resulting in a loss. Such loss is theoretically unlimited. Short positions also may expose the fund to leverage risk. </td></tr></table> PL Portfolio Optimization Conservative Fund: Mid-Capitalization Companies Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. PL Portfolio Optimization Moderate-Conservative Fund: Inflation-Indexed Debt Securities Risk and Short Sale Risk are deleted from the Principal risks from holdings in Underlying Funds subsection. PL Portfolio Optimization Moderate Fund: Short Sale Risk is deleted from the Principal risks from holdings in Underlying Funds subsection and the following is added:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> High-Yield or "Junk" Securities Risk: High yield securities are typically issued by companies that are highly leveraged, less creditworthy or financially distressed and are considered to be mostly speculative in nature (high risk), potentially less liquid, and subject to a greater risk of loss, that is they are more likely to default than higher rated securities. </td></tr></table> PL Portfolio Optimization Aggressive Fund: The following is added to the Principal risks from holdings in Underlying Funds subsection:   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="9%"> </td> <td valign="top" width="3%" align="left"></td> <td valign="top" width="1%"> </td> <td valign="top" align="left"> U.S. Government Securities Risk: Not all U.S. government securities are backed or guaranteed by the U.S. government and different U.S. government securities are subject to varying degrees of credit risk. There is risk that the U.S. government will not provide financial support to U.S. government agencies, instrumentalities or sponsored enterprises if it is not obligated to do so by law. </td></tr></table> <div style="font-family: Arial, Helvetica; background-image: none; background-attachment: scroll; margin-left: 0%; font-size: 16pt; margin-right: 0%; background-position: 0% 0%; background-repeat: repeat repeat;" align="left">PL Short Duration Income Fund, PL Income Fund, PL Strategic Income Fund, PL Floating Rate Income Fund, and PL High Income Fund: </div>Effective October 1, 2012, the Advisor Class Service Plan was terminated and the related 0.25% service fee imposed under that plan was eliminated. All references and information relating to the Advisor Class Service Plan were deleted. For each Fund, the Advisor Share Class column in the Annual fund operating expenses table and expense Examples ("Fee Tables") was updated with the below. All other information in the Fee Tables, including related footnotes, has not changed.   <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-RIGHT: 9px; FLOAT: left; OVERFLOW: hidden; margin-RIGHT: 1%; padding-top: 3px"> PL Short Duration Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-LEFT: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-RIGHT: 8px; border-top: #000000 1px solid; border-RIGHT: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-LEFT: 8px; border-top: #000000 1px solid; border-RIGHT: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-RIGHT: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-LEFT: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.40%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.58%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.99%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.38%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.61%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">62</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">195</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">430</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,103</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>PL Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.50%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.51%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.02%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.36%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.66%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">62</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">201</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">442</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,135</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   </div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; OVERFLOW: hidden; padding-top: 3px"> PL Strategic Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.55%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.05%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.20%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.35%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.85%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">87</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">271</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">553</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,356</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>PL Floating Rate Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.65%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.43%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Acquired Fund Fees and Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.01%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.09%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.28%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.81%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4">Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period</td> <td style="padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">   </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">1 year</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">83</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">3 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">264</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">5 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">520</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">10 years</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom">$</td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1,254</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>  </div> <div style="HEIGHT: 0px; CLEAR: both; font-size: 0px"> </div>   <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: left; OVERFLOW: hidden; margin-right: 1%; padding-top: 3px"> PL High Income Fund Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)   <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Share Class</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" colspan="2" align="center">Advisor</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom"> </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Management Fee</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.60%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Distribution (12b-1) and/or Service Fees</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.00%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Other Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.67%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">1.27%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">(0.47%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">) </td></tr> <tr> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="top">Total Annual Fund Operating Expenses After Expense Reimbursement</td> <td style="border-bottom: #000000 1px solid; border-left: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid" valign="bottom" align="right">0.80%</td> <td style="border-bottom: #000000 1px solid; padding-right: 8px; border-top: #000000 1px solid; border-right: #000000 1px solid" valign="bottom" nowrap="nowrap">  </td></tr></table>   </div> <div style="position: relative; padding-bottom: 8px; WIDTH: 48%; padding-right: 9px; FLOAT: right; OVERFLOW: hidden; padding-top: 3px">     <table style="border-collapse: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td></tr> <tr> <td style="border-left: #000000 1px solid; padding-left: 8px; border-top: #000000 1px solid" valign="top" colspan="4"><font style="FONT-FAMILY: Times New Roman" size=