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PFTAX PIMCO Floating Income Admin

  • Fund
  • PFTAX
  • Price as of: Aug 08, 2016
  • $8.13
  • + $0.01
  • + 0.12%
  • Category
  • Bank Loan

PFTAX - Profile

Vitals

  • YTD Return 4.4%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 2.4%
  • Net Assets $297 M
  • Holdings in Top 10 224.2%

52 WEEK LOW AND HIGH

$8.13
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 118.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Bank Loan
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 2.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.28%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PIMCO Floating Income Fund
  • Fund Family Name PIMCO
  • Inception Date Dec 30, 2005
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Eve Lagrellette Tournier

Fund Description

The fund invests at least 80% of its assets in a diversified portfolio of investments that effectively enable the fund to achieve a floating rate of income, including, but not limited to, fixed-rate Fixed Income Instruments with respect to which the fund has entered into derivative instruments to effectively convert the fixed-rate interest payments into floating-rate interest payments, variable and floating-rate Fixed Income Instruments and Fixed Income Instruments with durations of less than or equal to one year.

PFTAX - Performance

Return Ranking - Trailing

Period PFTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.4% -2.4% 4.4% 0.47% 1
1 Yr 2.6% -1.0% 12.4% 90.57% 5
3 Yr 1.7% * -0.1% 6.8% 96.15% 5
5 Yr 2.4% * -0.6% 5.8% 91.28% 5
10 Yr 2.6% * 0.3% 7.5% 97.30% 5

* Annualized


Return Ranking - Calendar

Period PFTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -5.3% -5.3% 6.5% 73.33% 5
2016 N/A -12.2% 7.9% N/A N/A
2015 N/A -10.4% 0.0% N/A N/A
2014 N/A -6.9% 12.5% N/A N/A
2013 N/A -1.3% 11.2% N/A N/A

Total Return Ranking - Trailing

Period PFTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.4% -100.0% 4.4% 0.47% 1
1 Yr 2.6% -1.9% 12.4% 61.79% 4
3 Yr 1.7% * 0.2% 6.8% 94.23% 5
5 Yr 2.4% * -0.6% 5.8% 89.23% 5
10 Yr 2.6% * 0.3% 7.5% 97.30% 5

* Annualized


Total Return Ranking - Calendar

Period PFTAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -5.3% -5.3% 6.5% 73.33% 5
2016 N/A -12.2% 10.8% N/A N/A
2015 N/A -8.8% 2.9% N/A N/A
2014 N/A -6.9% 12.5% N/A N/A
2013 N/A -1.3% 11.2% N/A N/A

NAV & Total Return History

PFTAX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

PFTAX Category Low Category High PFTAX % Rank Quintile
Net Assets 297 M 55.5 M 15.6 B 27.36% 5
Number of Holdings 465 103 1869 9.91% 2
Net Assets in Top 10 -331 M -331 M 1.97 B 32.08% 5
Weighting of Top 10 224.2% 5.5% 224.2% 0.47% 1

Top 10 Holdings

  1. Irs Usd 1.25000 12/16/15-1y (Wht) Cme 83.32%
  2. Fin Fut Us 10yr Cbt 06/21/16 38.79%
  3. Irs Usd 2.00000 12/16/15-5y Lch 35.70%
  4. Irs Usd 2.55000 03/23/21-5y Cme 14.80%
  5. Irs Usd 2.00000 06/15/16-7y Lch 13.56%
  6. Irs Usd 1.25000 06/15/16-2y Cme 10.40%
  7. FNMA 9.47%
  8. Irs Usd 2.25000 06/15/16-10y Cme 7.57%
  9. Irs Eur 0.00000 09/21/16-5y Cme 5.78%
  10. Irs Usd 2.00000 12/16/15-5y Cme 4.75%

Asset Allocation

Weighting Category Low Category High PFTAX % Rank Quintile
Cash
87.26% -7.89% 87.26% 0.47% 1
Bonds
5.65% 5.65% 103.01% 32.08% 5
Other
3.87% -1.86% 59.34% 4.72% 1
Stocks
3.13% 0.00% 8.49% 1.89% 1
Preferred Stocks
0.08% 0.00% 0.57% 3.77% 1
Convertible Bonds
0.00% 0.00% 6.71% 8.96% 3

Stock Sector Breakdown

Weighting Category Low Category High PFTAX % Rank Quintile
Energy
1.33% 0.00% 1.33% 0.55% 1
Real Estate
0.61% 0.00% 0.61% 0.55% 1
Consumer Cyclical
0.27% 0.00% 0.85% 3.28% 1
Basic Materials
0.21% 0.00% 1.72% 6.01% 1
Utilities
0.15% 0.00% 0.43% 3.83% 1
Technology
0.00% 0.00% 0.06% 1.09% 1
Industrials
0.00% 0.00% 0.65% 8.74% 2
Healthcare
0.00% 0.00% 0.09% 1.64% 1
Financial Services
0.00% 0.00% 1.08% 3.28% 2
Communication Services
0.00% 0.00% 0.13% 3.83% 1
Consumer Defense
0.00% 0.00% 0.13% 3.83% 1

Stock Geographic Breakdown

Weighting Category Low Category High PFTAX % Rank Quintile
US
3.13% 0.00% 8.49% 1.42% 1
Non US
0.00% 0.00% 1.05% 6.13% 3

Bond Sector Breakdown

Weighting Category Low Category High PFTAX % Rank Quintile
Cash & Equivalents
164.55% -8.81% 164.55% 0.47% 1
Corporate
48.18% 22.75% 100.69% 31.13% 5
Securitized
23.73% 0.00% 48.85% 1.42% 1
Municipal
1.96% 0.00% 1.96% 0.47% 1
Derivative
-33.31% -33.31% 17.86% 7.55% 5
Government
-115.02% -115.02% 19.70% 8.49% 5

Bond Geographic Breakdown

Weighting Category Low Category High PFTAX % Rank Quintile
Non US
59.84% 0.00% 78.18% 1.89% 1
US
-54.19% -54.19% 94.29% 32.55% 5

PFTAX - Expenses

Operational Fees

PFTAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.81% 0.10% 2.66% 37.74% 2
Management Fee 0.55% 0.00% 1.00% 8.49% 2
12b-1 Fee 0.25% 0.00% 1.00% 7.89% 2
Administrative Fee 0.25% 0.03% 0.40% 4.24% 5

Sales Fees

PFTAX Fees (% of AUM) Category Low Category High PFTAX Rank Quintile
Front Load N/A 0.75% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

PFTAX Fees (% of AUM) Category Low Category High PFTAX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PFTAX Fees (% of AUM) Category Low Category High PFTAX Rank Quintile
Turnover 118.00% 13.00% 243.00% 3.30% 5

PFTAX - Distributions

Dividend Yield Analysis

PFTAX Category Low Category High PFTAX % Rank Quintile
Dividend Yield 0.4% 0.21% 1.30% 27.83% 2

Dividend Distribution Analysis

PFTAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PFTAX Category Low Category High PFTAX % Rank Quintile
Net Income Ratio 4.28% 2.34% 5.41% 16.98% 1

Capital Gain Distribution Analysis

PFTAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

PFTAX - Managers

Eve Lagrellette Tournier

Manager

Start Date

Mar 11, 2016

Tenure

0.56

Tenure Rank

18.5%

Ms. Tournier is an executive vice president in the London office and head of pan-European credit portfolio management. Prior to joining PIMCO in 2008, she was a managing director and European head of high yield credit trading with Deutsche Bank in London. Previously, she worked in credit derivatives trading at Deutsche Bank and at JPMorgan in New York. She has 17 years of investment experience and holds a master’s degree in operations research and financial engineering from Cornell University


Alfred T. Murata

Manager

Start Date

May 26, 2016

Tenure

0.35

Tenure Rank

19.2%

Mr. Murata is a managing director and portfolio manager in the Newport Beach office on the mortgage credit team. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013. Prior to joining PIMCO in 2001, he researched and implemented exotic equity and interest rate derivatives at Nikko Financial Technologies. He has 16 years of investment experience and holds a Ph.D. in engineering-economic systems and operations research from Stanford University. He also earned a J.D. from Stanford Law School and is a member of the State Bar of California.


Daniel J. Ivascyn

Manager

Start Date

May 26, 2016

Tenure

0.35

Tenure Rank

19.2%

Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He is lead portfolio manager for the firm’s income strategies and credit hedge fund and mortgage opportunistic strategies. He is a member of PIMCO's Executive Committee and a member of the Investment Committee. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013.


Tenure Analysis

Category Low

0.1

Category High

22.1

Category Average

6.02

Category Mode

3.8