PFINX: PIMCO Preferred and Capital Secs Instl

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PFINX PIMCO Preferred and Capital Secs Instl


Profile

PFINX - Profile

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $1.82 B
  • Holdings in Top 10 33.6%

52 WEEK LOW AND HIGH

$10.74
$8.38
$11.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

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

BROKERAGE FEES

  • Turnover 67.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PIMCO Preferred and Capital Securities Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Apr 13, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Philippe Bodereau

Fund Description

The fund invests at least 80% of its assets in a diversified portfolio of preferred securities and Capital Securities. "Capital Securities" include securities issued by U.S. and non-U.S. financial institutions that can be used to satisfy their regulatory capital requirements. It will invest under normal circumstances at least 25% of its net assets in preferred securities. The fund may invest up to 20% of its total assets in common stock. It may also invest in contingent convertible securities.


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Categories

Performance

PFINX - Performance

Return Ranking - Trailing

Period PFINX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -29.0% 33.3% 46.25%
1 Yr 2.6% -29.4% 30.5% 50.00%
3 Yr 0.6%* -12.8% 11.5% 53.24%
5 Yr 1.7%* -8.1% 9.6% 53.97%
10 Yr N/A* -5.2% 9.0% N/A

* Annualized

Return Ranking - Calendar

Period PFINX Return Category Return Low Category Return High Rank in Category (%)
2019 13.1% -8.6% 24.4% 60.00%
2018 -9.8% -15.4% -2.5% 40.71%
2017 5.5% -7.8% 15.4% 50.74%
2016 1.5% -4.1% 14.2% 53.03%
2015 N/A -26.1% 2.5% N/A

Total Return Ranking - Trailing

Period PFINX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -29.0% 33.3% 46.25%
1 Yr 2.6% -29.4% 30.5% 50.00%
3 Yr 0.6%* -9.9% 17.2% 63.31%
5 Yr 1.7%* -5.8% 13.2% 62.70%
10 Yr N/A* -5.2% 11.9% N/A

* Annualized

Total Return Ranking - Calendar

Period PFINX Return Category Return Low Category Return High Rank in Category (%)
2019 13.1% -8.6% 24.4% 61.29%
2018 -9.8% -15.4% 4.5% 72.86%
2017 5.5% -1.0% 18.4% 77.21%
2016 1.5% -4.1% 20.1% 69.70%
2015 N/A -26.1% 6.2% N/A

NAV & Total Return History


Holdings

PFINX - Holdings

Concentration Analysis

PFINX Category Low Category High PFINX % Rank
Net Assets 1.82 B 196 K 9.94 B 25.00%
Number of Holdings 211 38 373 21.34%
Net Assets in Top 10 352 M -276 M 1.01 B 24.39%
Weighting of Top 10 33.62% 10.4% 72.4% 17.68%

Top 10 Holdings

  1. Pimco Capital Securities Fd (Cayman) Ltd 13.70%
  2. Bank of America Corporation 5.88% 2.95%
  3. Long Gilt Future Sept 20 2.69%
  4. Fin Fut Eur-Bund 10yr Eux 09/08/20 2.44%
  5. Wells Fargo & Company 5.9% 2.33%
  6. JPMorgan Chase & Co. 4.6% 2.20%
  7. Goldman Sachs Group, Inc. 5% 1.98%
  8. Societe Generale S.A. 6.75% 1.94%
  9. Citigroup Inc. 6.3% 1.83%
  10. ABN AMRO Bank N.V. 4.75% 1.56%

Asset Allocation

Weighting Return Low Return High PFINX % Rank
Bonds
51.18% -14.80% 70.12% 12.20%
Convertible Bonds
24.17% 0.00% 108.22% 67.68%
Other
13.70% 0.00% 15.69% 1.83%
Cash
6.56% -6.08% 15.79% 6.10%
Preferred Stocks
3.47% 0.00% 77.66% 93.90%
Stocks
0.94% -0.82% 47.79% 65.85%

Bond Sector Breakdown

Weighting Return Low Return High PFINX % Rank
Corporate
70.64% 41.81% 100.00% 95.73%
Derivative
18.89% 0.00% 18.89% 1.22%
Cash & Equivalents
8.90% 0.00% 29.37% 2.44%
Government
1.57% 0.00% 21.61% 10.37%
Securitized
0.00% 0.00% 5.82% 73.78%
Municipal
0.00% 0.00% 0.00% 71.95%

Bond Geographic Breakdown

Weighting Return Low Return High PFINX % Rank
US
40.04% -14.80% 59.85% 7.32%
Non US
11.14% 0.00% 34.48% 24.39%

Expenses

PFINX - Expenses

Operational Fees

PFINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.41% 94.07% 81.13%
Management Fee 0.79% 0.00% 1.42% 79.14%
12b-1 Fee N/A 0.00% 1.00% 14.29%
Administrative Fee 0.35% 0.01% 0.55% 90.48%

Sales Fees

PFINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PFINX 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.

PFINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 5.00% 175.00% 66.46%

Distributions

PFINX - Distributions

Dividend Yield Analysis

PFINX Category Low Category High PFINX % Rank
Dividend Yield 0.00% 0.00% 6.47% 75.61%

Dividend Distribution Analysis

PFINX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

PFINX Category Low Category High PFINX % Rank
Net Income Ratio 3.92% -0.26% 9.30% 38.36%

Capital Gain Distribution Analysis

PFINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PFINX - Fund Manager Analysis

Managers

Philippe Bodereau


Start Date

Tenure

Tenure Rank

Apr 13, 2015

5.39

5.4%

Mr. Bodereau is a managing director and portfolio manager in the London office and global head of financial research. He is also the lead analyst for global financial institutions. Prior to joining PIMCO in 2004, he was a senior banking analyst at Société Générale in London and Paris. Mr. Bodereau started his career at J.P. Morgan in 1996, where he held various positions in the private banking and global markets divisions in Brussels and London. He holds a master's degree in finance from French business school EDHEC.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 35.22 9.51 9.67