Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-2.2%
1 yr return
-3.3%
3 Yr Avg Return
-3.3%
5 Yr Avg Return
1.6%
Net Assets
$170 M
Holdings in Top 10
87.6%
52 WEEK LOW AND HIGH
$7.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 162.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FXIRX - Profile
Distributions
- YTD Total Return -2.2%
- 3 Yr Annualized Total Return -3.3%
- 5 Yr Annualized Total Return 1.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 6.71%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFixed Income SHares: Series R
-
Fund Family NamePIMCOFUNDS
-
Inception DateMay 20, 2004
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Rodosky
Fund Description
The Portfolio seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in a portfolio of U.S. and foreign fixed income instruments including (but not limited to): inflation-indexed bonds issued by both U.S. and non-U.S. governments and corporations, including Treasury Inflation Protected Securities (“TIPS”); corporate debt securities of U.S. and non-U.S. issuers, including convertible securities and corporate commercial paper; obligations issued or guaranteed by the U.S. Government, its agencies and instrumentalities; obligations of non-U.S. governments or their subdivisions, agencies and government sponsored enterprises; obligations of international agencies or supranational entities; debt securities issued by states or local governments and their agencies, authorities and other instrumentalities; mortgage-related and other asset-backed securities including collateralized bond obligations (“CBOs”), collateralized loan obligations (“CLOs”), other collateralized debt obligations (“CDOs”) and other similarly structured securities; floating and variable rate debt instruments; structured notes, including hybrid or “indexed” securities and event-linked bonds; loan participations and assignments; delayed funding loans and revolving credit facilities; bank certificates of deposit, fixed time deposits and bankers’ acceptances; repurchase agreements and reverse repurchase agreements; and derivative instruments that have economic characteristics similar to the securities referenced above.In pursuing its investment objective of real return, the Portfolio ordinarily expects to invest a substantial portion of its assets in inflation-indexed bonds of various maturities issued by U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Certain securities issued by U.S. Government-sponsored entities may not be backed by the full faith and credit of the U.S. Government. “Real return” equals total return less the estimated cost of inflation, which is typically measured by the change in an official inflation measure. Inflation-indexed bonds are fixed income securities that are structured to provide protection against inflation. The value of the bond’s principal or the interest income paid on the bond is adjusted to track changes in an official inflation measure. The U.S. Treasury uses the non-seasonally adjusted Consumer Price Index for All Urban Consumers as the inflation measure. Inflation-indexed bonds issued by a foreign government are generally adjusted to reflect a comparable inflation index, calculated by that government.The Portfolio invests primarily in investment grade securities, but may invest up to 20% of its assets in high yield securities (“junk bonds”) rated B or higher by Moody’s Investor Services (“Moody’s”), or equivalently rated by Standard & Poor’s (“S&P”) or Fitch, Inc. (“Fitch”) or, if unrated, determined by PIMCO to be of comparable quality (except that within such 20% limitation, the Portfolio may invest in mortgage-related securities rated below B). In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. The Portfolio may invest, subject to applicable law, without limit in foreign (non-U.S.) currencies, securities denominated in foreign (non-U.S.) currencies, and U.S. dollar denominated securities of foreign issuers. The Portfolio may invest without limit in investment grade sovereign debt denominated in the relevant country’s local currency with less than 1 year remaining to maturity (“short-term investment grade sovereign debt”), including short-term investment grade sovereign debt issued by emerging market issuers. The Portfolio may invest up to 20% of its total assets in securities of issuers economically tied to “emerging market” countries other than investments in short-term investment grade sovereign debt issued by emerging market issuers, where as noted above there is no limit.The Portfolio may invest in instruments of any maturity. The average portfolio duration of the Portfolio is expected to vary and may range anywhere from relatively short (e.g., less than two years) to relatively long (e.g., more than ten years) based on PIMCO’s forecast for interest rates.The Portfolio may invest without limit in derivative instruments, such as options, futures contracts or swap agreements, which may relate to fixed income securities, interest rates, currencies or currency exchange rates, commodities, real estate and other assets, and related indices. Although the Portfolio may invest in derivatives of any kind, it expects to invest in futures contracts, swaps and forward foreign currency contracts and to write (sell) put and call options on securities for hedging, risk management or other purposes, including for the purpose or having the effect of creating leverage. The Portfolio may lend its securities to brokers, dealers and other financial institutions to earn income. The Portfolio may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls).The Portfolio will not change its policy to, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. and foreign fixed income instruments unless the Portfolio provides shareholders with the notice required by Rule 35d-1 under the Investment Company Act of 1940, as it may be amended or interpreted by the Securities and Exchange Commission (the “SEC”) from time to time (the “1940 Act”).
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FXIRX - Performance
Return Ranking - Trailing
| Period | FXIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.2% | -10.2% | 3.8% | 89.90% |
| 1 Yr | -3.3% | -18.8% | 4.7% | 80.68% |
| 3 Yr | -3.3%* | -14.3% | 5.9% | 93.07% |
| 5 Yr | 1.6%* | -6.5% | 5.0% | 64.62% |
| 10 Yr | -0.4%* | -2.3% | 2.8% | 97.79% |
* Annualized
Return Ranking - Calendar
| Period | FXIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.8% | -8.7% | 5.1% | 33.98% |
| 2022 | -26.5% | -52.3% | -4.0% | 97.04% |
| 2021 | 0.6% | -7.9% | 7.7% | 50.25% |
| 2020 | 14.3% | -29.4% | 23.0% | 1.53% |
| 2019 | 8.3% | 0.8% | 16.7% | 3.59% |
Total Return Ranking - Trailing
| Period | FXIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.2% | -10.2% | 3.8% | 89.90% |
| 1 Yr | -3.3% | -18.8% | 4.7% | 80.68% |
| 3 Yr | -3.3%* | -14.3% | 5.9% | 93.07% |
| 5 Yr | 1.6%* | -6.5% | 5.0% | 64.62% |
| 10 Yr | -0.4%* | -2.3% | 2.8% | 97.79% |
* Annualized
Total Return Ranking - Calendar
| Period | FXIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.7% | -5.2% | 9.5% | 52.91% |
| 2022 | -16.6% | -40.1% | 9.2% | 96.55% |
| 2021 | 7.3% | -2.7% | 37.6% | 10.55% |
| 2020 | 16.9% | -0.5% | 27.5% | 2.55% |
| 2019 | 9.4% | 2.8% | 19.3% | 8.21% |
NAV & Total Return History
FXIRX - Holdings
Concentration Analysis
| FXIRX | Category Low | Category High | FXIRX % Rank | |
|---|---|---|---|---|
| Net Assets | 170 M | 968 K | 51.8 B | 86.54% |
| Number of Holdings | 254 | 2 | 1550 | 31.25% |
| Net Assets in Top 10 | 144 M | 949 K | 25 B | 72.12% |
| Weighting of Top 10 | 87.60% | 9.2% | 103.8% | 12.08% |
Top 10 Holdings
- TSY INFL IX N/B 07/31 0.125 12.50%
- TSY INFL IX N/B 01/29 0.875 11.31%
- TSY INFL IX N/B 01/25 0.25 10.99%
- TSY INFL IX N/B 01/26 0.625 10.77%
- TSY INFL IX N/B 01/30 0.125 10.53%
- TSY INFL IX N/B 07/32 0.625 7.50%
- TSY INFL IX N/B 07/29 0.25 6.44%
- BUONI POLIENNALI DEL TES SR UNSECURED 144A REGS 05/25 1 6.09%
- TSY INFL IX N/B 07/27 0.375 5.86%
- TSY INFL IX N/B 10/26 0.125 5.61%
Asset Allocation
| Weighting | Return Low | Return High | FXIRX % Rank | |
|---|---|---|---|---|
| Bonds | 200.47% | 0.00% | 200.47% | 0.48% |
| Other | 6.19% | -51.42% | 61.84% | 15.38% |
| Convertible Bonds | 0.19% | 0.00% | 3.96% | 28.37% |
| Stocks | 0.00% | 0.00% | 100.07% | 13.46% |
| Preferred Stocks | 0.00% | 0.00% | 0.08% | 9.13% |
| Cash | 0.00% | -42.00% | 30.48% | 93.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FXIRX % Rank | |
|---|---|---|---|---|
| Government | 65.36% | 6.70% | 112.97% | 83.17% |
| Securitized | 4.59% | 0.00% | 58.03% | 33.65% |
| Corporate | 0.26% | 0.00% | 50.64% | 65.38% |
| Cash & Equivalents | 0.00% | 0.00% | 20.89% | 79.81% |
| Municipal | 0.00% | 0.00% | 1.28% | 29.33% |
| Derivative | -0.59% | -26.13% | 19.50% | 95.67% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FXIRX % Rank | |
|---|---|---|---|---|
| US | 172.85% | 0.00% | 172.85% | 0.48% |
| Non US | 27.62% | 0.00% | 54.30% | 1.44% |
FXIRX - Expenses
Operational Fees
| FXIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.87% | 0.03% | 2.35% | 30.58% |
| Management Fee | 0.00% | 0.00% | 0.99% | 0.48% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 0.97% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| FXIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FXIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
| FXIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 162.00% | 0.00% | 246.00% | 96.98% |
FXIRX - Distributions
Dividend Yield Analysis
| FXIRX | Category Low | Category High | FXIRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.37% | 93.75% |
Dividend Distribution Analysis
| FXIRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
| FXIRX | Category Low | Category High | FXIRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 6.71% | -0.06% | 6.71% | 0.49% |
Capital Gain Distribution Analysis
| FXIRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.000 | DailyAccrualFund |
| Nov 30, 2023 | $0.005 | DailyAccrualFund |
| Oct 31, 2023 | $0.011 | DailyAccrualFund |
| Sep 29, 2023 | $0.001 | DailyAccrualFund |
| Aug 31, 2023 | $0.006 | DailyAccrualFund |
| Apr 28, 2023 | $0.012 | DailyAccrualFund |
| Mar 31, 2023 | $0.000 | DailyAccrualFund |
| Dec 30, 2022 | $0.038 | DailyAccrualFund |
| Dec 27, 2022 | $0.258 | DailyAccrualFund |
| Nov 30, 2022 | $0.000 | DailyAccrualFund |
| Oct 31, 2022 | $0.000 | DailyAccrualFund |
| Sep 30, 2022 | $0.005 | DailyAccrualFund |
| Aug 31, 2022 | $0.148 | DailyAccrualFund |
| Jul 29, 2022 | $0.117 | DailyAccrualFund |
| Jun 30, 2022 | $0.063 | DailyAccrualFund |
| May 31, 2022 | $0.155 | DailyAccrualFund |
| Apr 29, 2022 | $0.107 | DailyAccrualFund |
| Mar 31, 2022 | $0.090 | DailyAccrualFund |
| Feb 28, 2022 | $0.034 | DailyAccrualFund |
| Jan 31, 2022 | $0.051 | DailyAccrualFund |
| Dec 31, 2021 | $0.094 | DailyAccrualFund |
| Nov 30, 2021 | $0.023 | DailyAccrualFund |
| Oct 29, 2021 | $0.025 | DailyAccrualFund |
| Sep 30, 2021 | $0.051 | DailyAccrualFund |
| Aug 31, 2021 | $0.099 | DailyAccrualFund |
| Jul 30, 2021 | $0.094 | DailyAccrualFund |
| Jun 30, 2021 | $0.090 | DailyAccrualFund |
| May 28, 2021 | $0.082 | DailyAccrualFund |
| Apr 30, 2021 | $0.065 | DailyAccrualFund |
| Mar 31, 2021 | $0.053 | DailyAccrualFund |
| Feb 26, 2021 | $0.009 | DailyAccrualFund |
| Dec 31, 2020 | $0.010 | DailyAccrualFund |
| Nov 30, 2020 | $0.019 | DailyAccrualFund |
| Oct 30, 2020 | $0.041 | DailyAccrualFund |
| Sep 30, 2020 | $0.058 | DailyAccrualFund |
| May 29, 2020 | $0.000 | DailyAccrualFund |
| Apr 30, 2020 | $0.037 | DailyAccrualFund |
| Mar 31, 2020 | $0.040 | DailyAccrualFund |
| Jan 31, 2020 | $0.001 | DailyAccrualFund |
| Dec 31, 2019 | $0.029 | DailyAccrualFund |
| Nov 29, 2019 | $0.010 | DailyAccrualFund |
| Oct 31, 2019 | $0.007 | DailyAccrualFund |
| Sep 30, 2019 | $0.017 | DailyAccrualFund |
| Aug 30, 2019 | $0.008 | DailyAccrualFund |
| Jul 31, 2019 | $0.028 | DailyAccrualFund |
| Jun 28, 2019 | $0.065 | OrdinaryDividend |
| May 31, 2019 | $0.048 | OrdinaryDividend |
| Apr 30, 2019 | $0.007 | OrdinaryDividend |
FXIRX - Fund Manager Analysis
Managers
Stephen Rodosky
Start Date
Tenure
Tenure Rank
Jan 09, 2019
3.39
3.4%
Mr. Rodosky is a managing director in the Newport Beach office and a portfolio manager for real return and U.S. long duration strategies. He leads the rates liquid products team and also serves as head of talent management for portfolio management in the U.S. Prior to joining PIMCO in 2001, Mr. Rodosky was vice president of institutional sales with Merrill Lynch. He has 25 years of investment experience and holds a master's degree in financial markets from Illinois Institute of Technology. He received an undergraduate degree from Villanova University.
Daniel He
Start Date
Tenure
Tenure Rank
Dec 11, 2019
2.47
2.5%
Mr. He is a Senior Vice President and portfolio manager. Mr. He is a member of the liquid products group specializing in real return and mortgage-backed securities. Prior to joining PIMCO in 2011, he structured and traded derivative strategies for a global macro hedge fund. He previously developed trading strategies at a hedge fund that focused on foreign exchange volatility. Mr. He has investment experience since 2005 and holds an MBA from the University of Chicago Booth School of Business. He also holds a master’s degree in financial engineering and an undergraduate degree in computer science from the National University of Singapore.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 20.51 | 6.61 | 11.1 |