PCRIX - Snapshot
Vitals
- YTD Return -6.2%
- 3 Yr Annualized Return -3.5%
- 5 Yr Annualized Return -1.7%
- Net Assets $2.83 B
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.50%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 262.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
Commodity
- Fund Type Open End Mutual Fund
- Investment Style Commodities Broad Basket
PCRIX - Profile
Distributions
- YTD Total Return -6.2%
- 3 Yr Annualized Total Return -3.5%
- 5 Yr Annualized Total Return -1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.65%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO Commodity Real Return Strategy Fund
-
Fund Family NamePIMCO
-
Inception DateJun 28, 2002
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNicholas Johnson
Fund Description
The fund seeks to achieve its investment objective by investing under normal circumstances in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other Fixed Income Instruments. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. It will seek to gain exposure to the commodity markets primarily through investments in leveraged or unleveraged commodity index-linked notes.
PCRIX - Performance
Return Ranking - Trailing
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -6.2% | -84.3% | 520.1% | 58.59% |
| 1 Yr | -6.1% | -88.7% | 30.5% | 41.63% |
| 3 Yr | -3.5%* | -47.9% | 51.4% | 29.84% |
| 5 Yr | -1.7%* | -39.9% | 26.1% | 30.34% |
| 10 Yr | -5.6%* | -29.8% | 12.6% | 39.67% |
* Annualized
Return Ranking - Calendar
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 7.8% | -88.2% | 53.9% | 37.44% |
| 2018 | -18.2% | -42.9% | 323.8% | 74.16% |
| 2017 | -5.4% | -37.6% | 55.7% | 84.94% |
| 2016 | 13.5% | -34.9% | 49.2% | 26.25% |
| 2015 | -64.8% | -64.9% | 8.8% | 99.35% |
Total Return Ranking - Trailing
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -6.2% | -84.3% | 278.6% | 56.83% |
| 1 Yr | -6.1% | -88.7% | 30.5% | 40.34% |
| 3 Yr | -3.5%* | -47.9% | 51.4% | 29.32% |
| 5 Yr | -1.7%* | -39.9% | 26.1% | 29.78% |
| 10 Yr | -5.6%* | -29.8% | 12.6% | 39.67% |
* Annualized
Total Return Ranking - Calendar
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 7.8% | -88.2% | 53.9% | 38.77% |
| 2018 | -15.2% | -42.9% | 208.1% | 65.17% |
| 2017 | 2.7% | -37.6% | 55.7% | 54.82% |
| 2016 | 14.2% | -34.9% | 49.2% | 26.88% |
| 2015 | -62.8% | -62.9% | 8.8% | 99.35% |
NAV & Total Return History
PCRIX - Holdings
Concentration Analysis
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.83 B | 145 K | 76.1 B | 5.51% |
| Number of Holdings | 695 | 1 | 695 | 4.52% |
| Net Assets in Top 10 | 397 M | 523 K | 76.1 B | 36.13% |
| Weighting of Top 10 | N/A | 11.5% | 100.0% | 9.01% |
Top 10 Holdings
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
- Fin Fut Euro-Schatz 2yr Eux 09/08/20 21.24%
Asset Allocation
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| Bonds | 89.50% | -2.12% | 89.50% | 4.52% |
| Other | 38.66% | -2.42% | 111.51% | 41.94% |
| Convertible Bonds | 0.90% | 0.00% | 4.63% | 20.00% |
| Stocks | 0.00% | 0.00% | 80.04% | 70.97% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 66.45% |
| Cash | -29.06% | -57.72% | 100.00% | 97.42% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| Government | 59.70% | 0.00% | 99.97% | 17.61% |
| Securitized | 17.47% | 0.00% | 31.92% | 23.24% |
| Derivative | 10.47% | 0.00% | 10.47% | 4.93% |
| Cash & Equivalents | 10.01% | 0.03% | 100.00% | 93.66% |
| Corporate | 2.35% | 0.00% | 70.17% | 37.32% |
| Municipal | 0.00% | 0.00% | 1.20% | 71.83% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| US | 93.70% | -2.12% | 93.70% | 4.52% |
| Non US | -4.20% | -4.20% | 17.83% | 100.00% |
PCRIX - Expenses
Operational Fees
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.01% | 19.14% | 28.49% |
| Management Fee | 0.74% | 0.00% | 1.75% | 48.73% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.25% | 0.04% | 0.45% | 68.29% |
Sales Fees
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 262.00% | 0.00% | 262.00% | 100.00% |
PCRIX - Distributions
Dividend Yield Analysis
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.33% | 74.89% |
Dividend Distribution Analysis
| PCRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.65% | -25.58% | 36.51% | 6.00% |
Capital Gain Distribution Analysis
| PCRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 14, 2019 | $0.029 |
| Dec 26, 2018 | $0.095 |
| Sep 13, 2018 | $0.104 |
| Jun 14, 2018 | $0.130 |
| Dec 27, 2017 | $0.149 |
| Sep 14, 2017 | $0.163 |
| Jun 15, 2017 | $0.184 |
| Mar 16, 2017 | $0.055 |
| Dec 28, 2016 | $0.012 |
| Sep 15, 2016 | $0.033 |
| Jun 16, 2016 | $0.020 |
| Dec 29, 2015 | $0.129 |
| Sep 17, 2015 | $0.144 |
| Jun 18, 2015 | $0.244 |
| Sep 18, 2014 | $0.088 |
| Sep 19, 2013 | $0.048 |
| Jun 20, 2013 | $0.158 |
| Mar 21, 2013 | $0.126 |
| Dec 27, 2012 | $0.078 |
| Sep 20, 2012 | $0.224 |
| Jun 21, 2012 | $0.166 |
| Mar 22, 2012 | $0.236 |
| Dec 28, 2011 | $3.356 |
| Sep 15, 2011 | $1.701 |
| Jun 16, 2011 | $1.891 |
| Mar 17, 2011 | $1.021 |
| Dec 31, 2010 | $0.802 |
| Sep 16, 2010 | $0.919 |
| Jun 17, 2010 | $0.817 |
| Mar 18, 2010 | $0.786 |
| Dec 30, 2009 | $0.807 |
| Sep 17, 2009 | $0.500 |
| Jun 18, 2009 | $0.369 |
| Mar 19, 2009 | $0.307 |
| Dec 30, 2008 | $0.390 |
| Sep 18, 2008 | $1.042 |
| Jun 19, 2008 | $1.103 |
| Mar 20, 2008 | $0.959 |
| Dec 27, 2007 | $1.679 |
| Sep 20, 2007 | $0.842 |
| Jun 21, 2007 | $0.768 |
| Mar 22, 2007 | $0.566 |
| Dec 27, 2006 | $1.280 |
| Sep 21, 2006 | $0.207 |
| Jun 22, 2006 | $0.287 |
| Dec 29, 2005 | $7.992 |
| Sep 22, 2005 | $1.960 |
| Jun 23, 2005 | $0.848 |
| Mar 24, 2005 | $0.875 |
| Dec 29, 2004 | $1.409 |
| Sep 16, 2004 | $0.606 |
| Jun 17, 2004 | $0.450 |
| Mar 18, 2004 | $0.977 |
| Dec 30, 2003 | $4.427 |
| Sep 18, 2003 | $0.143 |
| Jun 19, 2003 | $0.175 |
| Dec 30, 2002 | $3.059 |
PCRIX - Fund Manager Analysis
Managers
Nicholas Johnson
Start Date
Tenure
Tenure Rank
Jan 02, 2015
5.83
5.8%
Nicholas J. Johnson is a managing director in the Newport Beach office and a portfolio manager focusing on commodity, quantitative and multi-asset strategies. He specializes in structural risk premiums as well as overall portfolio construction, and leads the quantitative strategies portfolio management group. In 2012 he co-authored “Intelligent Commodity Indexing,” published by McGraw-Hill. Prior to joining PIMCO in 2004, he was a research fellow at NASA's Jet Propulsion Laboratory, helping to develop Mars missions and new methods of autonomous navigation. He has 14 years of investment experience and holds a master’s degree in financial mathematics from the University of Chicago and an undergraduate degree from California Polytechnic State University.
Greg Sharenow
Start Date
Tenure
Tenure Rank
Nov 01, 2018
2.0
2.0%
Mr. Sharenow is an executive vice president in the Newport Beach office and a portfolio manager focusing on real assets. Prior to joining PIMCO in 2011, he was an energy trader at Hess Energy Trading, Goldman Sachs, and DE Shaw. Mr. Sharenow was previously senior energy economist at Goldman Sachs. He holds bachelor's degrees in mathematical methods in the social sciences and in economics from Northwestern University.
Stephen Rodosky
Start Date
Tenure
Tenure Rank
Jan 09, 2019
1.81
1.8%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.15 | 15.96 | 6.54 | 2.79 |