PIMCO Flexible Credit Income Fund - PIMCO Flexible Credit Income Fd USD Cls A1
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.18
-
8.18%
$0.59
3.56%
Vitals
YTD Return
13.2%
1 yr return
19.1%
3 Yr Avg Return
1.8%
5 Yr Avg Return
N/A
Net Assets
$N/A
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.18
-
8.18%
$0.59
3.56%
PFAIX - Profile
Distributions
- YTD Total Return 13.2%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 8.10%
- Dividend Yield 8.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO Flexible Credit Income Fund - PIMCO Flexible Credit Income Fd USD Cls A1
-
Fund Family NamePIMCO
-
Inception DateJul 01, 2021
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristian Stracke
Fund Description
PFAIX - Performance
Return Ranking - Trailing
Period | PFAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.2% | -10.3% | 16.6% | 0.62% |
1 Yr | 19.1% | -4.5% | 27.2% | 0.92% |
3 Yr | 1.8%* | -17.2% | 16.2% | 31.44% |
5 Yr | N/A* | -14.5% | 14.0% | N/A |
10 Yr | N/A* | -7.2% | 6.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | PFAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.1% | -12.0% | 8.9% | 95.38% |
2022 | -25.4% | -31.8% | 18.4% | 97.95% |
2021 | N/A | -16.2% | 25.7% | N/A |
2020 | N/A | -31.1% | 18.7% | N/A |
2019 | N/A | -6.1% | 15.3% | N/A |
Total Return Ranking - Trailing
Period | PFAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.2% | -10.3% | 16.6% | 0.62% |
1 Yr | 19.1% | -4.5% | 27.2% | 0.92% |
3 Yr | 1.8%* | -17.2% | 16.2% | 31.44% |
5 Yr | N/A* | -14.5% | 14.0% | N/A |
10 Yr | N/A* | -7.2% | 6.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PFAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.4% | -6.9% | 22.2% | 16.49% |
2022 | -12.2% | -31.8% | 21.1% | 77.73% |
2021 | N/A | -13.5% | 49.9% | N/A |
2020 | N/A | -28.6% | 24.1% | N/A |
2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
PFAIX - Holdings
Concentration Analysis
PFAIX | Category Low | Category High | PFAIX % Rank | |
---|---|---|---|---|
Net Assets | N/A | 2.53 M | 143 B | N/A |
Number of Holdings | 1250 | 4 | 9195 | 16.64% |
Net Assets in Top 10 | 639 M | -204 M | 80.4 B | 29.55% |
Weighting of Top 10 | 20.65% | 5.8% | 265.8% | 65.20% |
Top 10 Holdings
- Wesco Aircraft Holdings Inc. 10.5% 10.5% 3.76%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
- Envision Healthcare Tl 2.78%
Asset Allocation
Weighting | Return Low | Return High | PFAIX % Rank | |
---|---|---|---|---|
Bonds | 159.60% | 0.00% | 199.60% | 2.95% |
Stocks | 4.74% | -6.18% | 99.66% | 20.22% |
Convertible Bonds | 2.20% | 0.00% | 33.50% | 38.50% |
Other | 1.86% | -73.61% | 147.15% | 57.54% |
Preferred Stocks | 0.59% | 0.00% | 26.42% | 18.82% |
Cash | -68.99% | -94.66% | 91.07% | 99.69% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PFAIX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 28.30% | N/A |
Real Estate | 0.00% | 0.00% | 100.00% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 18.60% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 99.97% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PFAIX % Rank | |
---|---|---|---|---|
US | 2.89% | -6.18% | 99.66% | 25.35% |
Non US | 1.85% | -0.26% | 17.73% | 2.18% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PFAIX % Rank | |
---|---|---|---|---|
Corporate | 34.60% | 0.00% | 96.66% | 52.17% |
Securitized | 25.87% | 0.00% | 99.65% | 35.15% |
Government | 18.59% | 0.00% | 99.43% | 32.10% |
Derivative | 10.20% | -73.61% | 147.15% | 2.65% |
Cash & Equivalents | 10.10% | 0.00% | 88.00% | 17.00% |
Municipal | 0.64% | 0.00% | 54.26% | 18.14% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PFAIX % Rank | |
---|---|---|---|---|
US | 109.38% | 0.00% | 199.60% | 9.18% |
Non US | 50.22% | 0.00% | 74.14% | 4.35% |
PFAIX - Expenses
Operational Fees
PFAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.56% | 0.03% | 20.67% | 3.72% |
Management Fee | 2.29% | 0.00% | 2.29% | 100.00% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 67.44% |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
PFAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
PFAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
PFAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.00% | 0.00% | 632.00% | 8.27% |
PFAIX - Distributions
Dividend Yield Analysis
PFAIX | Category Low | Category High | PFAIX % Rank | |
---|---|---|---|---|
Dividend Yield | 8.18% | 0.00% | 23.30% | 1.08% |
Dividend Distribution Analysis
PFAIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
PFAIX | Category Low | Category High | PFAIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 8.10% | -1.55% | 11.51% | 2.84% |
Capital Gain Distribution Analysis
PFAIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.049 | OrdinaryDividend |
Aug 30, 2024 | $0.057 | OrdinaryDividend |
Jul 31, 2024 | $0.053 | OrdinaryDividend |
Apr 30, 2024 | $0.052 | OrdinaryDividend |
Mar 28, 2024 | $0.053 | OrdinaryDividend |
Feb 29, 2024 | $0.049 | OrdinaryDividend |
Jan 31, 2024 | $0.050 | OrdinaryDividend |
Dec 29, 2023 | $0.053 | OrdinaryDividend |
Dec 26, 2023 | $0.116 | OrdinaryDividend |
Nov 30, 2023 | $0.049 | OrdinaryDividend |
Oct 31, 2023 | $0.050 | OrdinaryDividend |
Sep 29, 2023 | $0.052 | OrdinaryDividend |
Aug 31, 2023 | $0.052 | OrdinaryDividend |
Jul 31, 2023 | $0.049 | OrdinaryDividend |
Jun 30, 2023 | $0.054 | OrdinaryDividend |
May 31, 2023 | $0.053 | OrdinaryDividend |
Apr 28, 2023 | $0.048 | OrdinaryDividend |
Mar 31, 2023 | $0.157 | OrdinaryDividend |
Dec 30, 2022 | $0.174 | OrdinaryDividend |
Dec 27, 2022 | $0.421 | OrdinaryDividend |
Sep 30, 2022 | $0.167 | OrdinaryDividend |
Jun 30, 2022 | $0.166 | OrdinaryDividend |
Mar 31, 2022 | $0.171 | OrdinaryDividend |
Dec 31, 2021 | $0.186 | OrdinaryDividend |
Dec 28, 2021 | $0.048 | OrdinaryDividend |
Sep 30, 2021 | $0.183 | OrdinaryDividend |
Jun 30, 2021 | $0.176 | OrdinaryDividend |
Mar 31, 2021 | $0.167 | OrdinaryDividend |
PFAIX - Fund Manager Analysis
Managers
Christian Stracke
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
Managing Director, PIMCO, Mr. Stracke is a member of the Investment Committee and global head of the credit research group. The group covers all levels of the debt capital structure for targeted industries, including investment grade and high yield bonds, bank debt and convertibles. He also contributes to the analysis, portfolio construction and management of the firm's opportunistic corporate credit and mortgage and real estate-related strategies. Prior to joining PIMCO in 2008, he was a senior credit strategist at CreditSights and also held positions as head of Latin America fixed income strategy with Commerzbank Securities and head of Latin America local markets strategy with Deutsche Bank. He has investment experience since 1997 and holds an undergraduate degree from the University of Chicago. He is also a returned Peace Corps volunteer, having served as an agroforestry extension agent in Mauritania, West Africa.
Alfred Murata
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
Mr. Murata is a managing director and portfolio manager in the Newport Beach office, managing income-oriented, multi-sector credit, opportunistic and securitized strategies. 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 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 Ivascyn
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
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. Prior to joining PIMCO in 1998, he worked at Bear Stearns in the asset-backed securities group, as well as T. Rowe Price and Fidelity Investments. He holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor's degree in economics from Occidental College.
Mark Kiesel
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
Mr. Kiesel is CIO Global Credit and a managing director in the Newport Beach office. He is a member of the Investment Committee, a generalist portfolio manager and the global head of corporate bond portfolio management, with oversight for the firm’s investment grade, high yield, bank loan, municipal and insurance business as well as credit research. Morningstar named him Fixed-Income Fund Manager of the Year in 2012 and a finalist in 2010. He has written extensively on the topic of global credit markets, founded the firm’s Global Credit Perspectives publication and regularly appears in the fin
Eve Tournier
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
Ms. Tournier is a managing director 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 J.P. Morgan in New York. She holds a master’s degree in operations research and financial engineering from Cornell University and an undergraduate degree from Ecole Centrale de Lyon.
Marc Seidner
Start Date
Tenure
Tenure Rank
Feb 22, 2017
5.27
5.3%
Mr. Seidner is CIO Non-traditional Strategies, a managing director and head of portfolio management in the New York office. He is also a generalist portfolio manager and a member of the Investment Committee. He rejoined PIMCO in November 2014 after serving as head of fixed income at GMO LLC. Prior to joining PIMCO in 2009, he was a managing director and domestic fixed income portfolio manager at Harvard Management Company. Previously, he was director of active core strategies at Standish Mellon Asset Management. He holds an undergraduate degree in economics from Boston College.
Jamie Weinstein
Start Date
Tenure
Tenure Rank
Nov 01, 2020
1.58
1.6%
Jamie Weinstein October 2020 Managing Director, PIMCO. Mr. Weinstein is a managing director and portfolio manager in the Newport Beach office and head of corporate special situations, focusing on PIMCO’s opportunistic and alternative strategies within corporate credit. Prior to joining PIMCO in 2019, he worked for KKR as a portfolio manager for the firm’s special situations funds and portfolios, which he managed since their inception in 2009. He was also a member of the firm’s special situations, real estate, and India NBFC investment committees and the KKR credit portfolio management committee. Previously, Mr. Weinstein was a portfolio manager with responsibility across KKR’s credit strategies. He has 18 years of investment experience and holds an MBA from Stanford University and a bachelor’s degree in civil engineering and operations research from Princeton University
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |