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PIMIX PIMCO Income Instl

  • Fund
  • PIMIX
  • Price as of: Dec 09, 2016
  • $12.04
  • - $0.00
  • - 0.00%
  • Category
  • Total Bond Market

PIMIX - Profile

Vitals

  • YTD Return 2.6%
  • 3 Yr Annualized Return 5.8%
  • 5 Yr Annualized Return 9.0%
  • Net Assets $68.1 B
  • Holdings in Top 10 43.3%

52 WEEK LOW AND HIGH

$12.04
$11.52
$12.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 9.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.90%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PIMCO Income Fund
  • Fund Family Name PIMCO
  • Inception Date Mar 30, 2007
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Alfred T. Murata

Fund Description

The PIMCO Income Fund Institutional Class (PIMIX) is an actively managed fund that seeks to provide a high level of current income. PIMIX is considered a multisector bond fund and as such, it can bet on a wide range of bonds, debt and other IOUs. These include government debt, mortgage bonds, investment grade-bonds, junk debt, floating-rate bank loans and munis. The focus is on current yield, and managers at PIMCO use credit analysis to build PIMIX’s portfolio.

The fund features low costs and can be used as a core or satellite holding for any investor seeking income. PIMIX is internally managed by Pacific Investment Management Co.

PIMIX - Performance

Return Ranking - Trailing

Period PIMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.6% -11.3% 201.5% 11.20% 1
1 Yr 6.7% -12.6% 13.8% 3.43% 1
3 Yr 5.8% * -5.9% 8.2% 1.12% 1
5 Yr 9.0% * -3.1% 13.6% 0.52% 1
10 Yr N/A * -2.2% 9.5% N/A N/A

* Annualized


Return Ranking - Calendar

Period PIMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.9% -33.0% 3.0% 53.45% 5
2014 0.6% -9.3% 14.9% 34.04% 3
2013 -0.8% -24.1% 40.4% 12.92% 2
2012 13.9% -100.0% 18.7% 0.29% 1
2011 -1.7% -20.6% 15.5% 53.62% 5

Total Return Ranking - Trailing

Period PIMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.6% -9.9% 204.3% 20.62% 2
1 Yr 6.7% -12.6% 16.3% 2.82% 1
3 Yr 5.8% * -7.2% 8.2% 0.94% 1
5 Yr 9.0% * -3.9% 13.6% 0.52% 1
10 Yr N/A * -2.2% 9.5% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period PIMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.8% -32.5% 4.5% 54.84% 4
2014 1.7% -8.3% 16.8% 42.21% 3
2013 -0.7% -12.9% 58.5% 25.72% 2
2012 15.3% -100.0% 35.2% 3.08% 1
2011 -0.9% -20.7% 18.1% 62.16% 5

NAV & Total Return History

PIMIX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

PIMIX Category Low Category High PIMIX % Rank Quintile
Net Assets 68.1 B 319 K 176 B 0.41% 1
Number of Holdings 4759 1 17569 0.46% 1
Net Assets in Top 10 4.28 B -36 B 36.7 B 1.42% 1
Weighting of Top 10 43.3% 0.0% 1167.9% 9.31% 2

Top 10 Holdings

  1. Cdx Hy25 5y Ice 6.52%
  2. Irs Usd 1.25000 12/21/16-3y Cme 6.07%
  3. Irs Usd 1.75000 12/21/16-10y Cme 4.67%
  4. Irs Usd 2.25000 12/21/16-30y Cme 4.28%
  5. Fannie Mae Single Family TBA 3% 2046-11-01 4.17%
  6. Irs Usd 3.00000 06/18/14-10y Cme 4.14%
  7. Irs Aud 4.00000 03/15/13-10y Cme 4.11%
  8. Cdx Hy24 5y Ice 3.65%
  9. Irs Usd 1.75000 12/21/16-10y Lch 3.41%
  10. Irs Usd 2.75000 06/17/15-10y Cme 2.26%

Asset Allocation

Weighting Category Low Category High PIMIX % Rank Quintile
Bonds
115.12% -175.98% 1241.14% 1.83% 1
Other
9.35% -30.13% 98.36% 1.07% 1
Convertible Bonds
0.30% 0.00% 12.73% 4.17% 1
Preferred Stocks
0.10% -0.45% 17.66% 7.02% 2
Stocks
0.00% -3.27% 98.55% 6.00% 3
Cash
-24.88% -1141.94% 275.92% 27.47% 5

Bond Sector Breakdown

Weighting Category Low Category High PIMIX % Rank Quintile
Securitized
55.12% 0.00% 105.84% 3.31% 1
Derivative
26.22% -513.07% 38.63% 0.15% 1
Government
18.15% -389.49% 1167.69% 16.23% 3
Corporate
14.87% 0.00% 221.70% 28.43% 5
Municipal
0.23% 0.00% 98.41% 12.67% 3
Cash & Equivalents
-25.59% -1141.94% 416.01% 27.72% 5

Bond Geographic Breakdown

Weighting Category Low Category High PIMIX % Rank Quintile
US
93.50% -370.09% 982.00% 4.48% 1
Non US
21.62% -45.82% 351.70% 7.68% 2

PIMIX - Expenses

Operational Fees

PIMIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.45% 0.00% 42.51% 12.37% 1
Management Fee 0.45% 0.00% 2.15% 2.59% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.20% 0.00% 0.63% 1.31% 4

Sales Fees

PIMIX Fees (% of AUM) Category Low Category High PIMIX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

PIMIX Fees (% of AUM) Category Low Category High PIMIX Rank Quintile
Max Redemption Fee N/A 0.25% 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.

PIMIX Fees (% of AUM) Category Low Category High PIMIX Rank Quintile
Turnover 52.00% 0.00% 1856.00% 13.03% 2

PIMIX - Distributions

Dividend Yield Analysis

PIMIX Category Low Category High PIMIX % Rank Quintile
Dividend Yield 0.7% 0.00% 1.30% 1.89% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PIMIX Category Low Category High PIMIX % Rank Quintile
Net Income Ratio 3.90% -1.76% 17.13% 4.94% 1

Capital Gain Distribution Analysis

PIMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PIMIX - Managers

Alfred T. Murata

Manager

Start Date

Mar 15, 2013

Tenure

3.72

Tenure Rank

6.4%

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

Mar 30, 2007

Tenure

9.68

Tenure Rank

2.9%

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

0.0

Category High

27.9

Category Average

6.12

Category Mode

1.9