PQTNX: PIMCO TRENDS Managed Futures Strat I-3

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PQTNX PIMCO TRENDS Managed Futures Strat I-3


Profile

PQTNX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $575 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$9.94
$9.53
$10.53

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.82%

SALES FEES

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

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Managed Futures

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.36%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PIMCO TRENDS Managed Futures Strategy Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Apr 27, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew Dorsten

Fund Description

The fund seeks to achieve its investment objective by pursuing a quantitative trading strategy intended to capture the persistence of price trends (up and/or down) observed in global financial markets and commodities. It will invest under normal circumstances in derivative instruments linked to interest rates, currencies, mortgages, credit, commodities (including individual commodities and commodity indices), equity indices and volatility-related instruments.


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Categories

Fund Company Quick Screens

PQTNX - Fund Company Quick Screens


Performance

PQTNX - Performance

Return Ranking - Trailing

Period PQTNX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -2.8% 3.5% 62.92%
1 Yr 3.4% -3.5% 9.1% 57.65%
3 Yr N/A* -5.3% 5.4% 50.00%
5 Yr N/A* -6.2% 1.5% 80.26%
10 Yr N/A* -4.1% 0.6% N/A

* Annualized

Return Ranking - Calendar

Period PQTNX Return Category Return Low Category Return High Rank in Category (%)
2019 0.4% -4.7% 9.4% 87.06%
2018 N/A -15.9% 3.1% N/A
2017 N/A 0.1% 10.8% N/A
2016 N/A -1.7% 8.7% N/A
2015 N/A -21.1% 6.0% N/A

Total Return Ranking - Trailing

Period PQTNX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -2.8% 3.5% 62.92%
1 Yr 3.4% -3.5% 9.1% 57.65%
3 Yr N/A* -5.3% 5.4% 67.39%
5 Yr N/A* -6.2% 3.8% 84.21%
10 Yr N/A* -4.0% 4.1% N/A

* Annualized

Total Return Ranking - Calendar

Period PQTNX Return Category Return Low Category Return High Rank in Category (%)
2019 0.4% -4.7% 9.4% 87.06%
2018 N/A -15.9% 3.1% N/A
2017 N/A 0.1% 11.5% N/A
2016 N/A -1.6% 8.9% N/A
2015 N/A -21.1% 10.2% N/A

NAV & Total Return History


Holdings

PQTNX - Holdings

Concentration Analysis

PQTNX Category Low Category High PQTNX % Rank
Net Assets 575 M 7.48 M 151 B 26.97%
Number of Holdings 500 5 5663 16.85%
Net Assets in Top 10 391 M 2.4 M 10.3 B 30.34%
Weighting of Top 10 N/A 6.9% 152.9% 16.85%

Top 10 Holdings

  1. Irs Jpy 0.38000 06/18/18-10y Lch 29.25%
  2. Pimco Cayman Commodity Fund Viii Ltd 26.91%
  3. Irs Jpy 0.37200 10/22/18-10y Lch 20.73%
  4. Irs Pln 2.50000 12/19/18-5y Cme 15.61%
  5. Pimco Fds 15.43%
  6. Irs Czk 2.00000 06/19/19-5y Cme 10.41%
  7. Irs Ils R 1.28000 01/11/19-5y Jpm 10.39%
  8. Irs Jpy 0.30875 10/31/18-10y Lch 8.47%
  9. Irs Sgd 1.91750 03/21/18-5y Lch 8.39%
  10. Long-Term Euro-BTP Futures Dec19 7.34%

Asset Allocation

Weighting Return Low Return High PQTNX % Rank
Bonds
90.63% 80.77% 1889.70% 73.03%
Other
42.34% -1.21% 42.34% 5.62%
Stocks
28.89% 0.00% 101.23% 15.73%
Convertible Bonds
0.34% 0.00% 42.54% 32.58%
Preferred Stocks
0.00% 0.00% 0.09% 65.17%
Cash
-62.20% -1814.13% 19.17% 87.64%

Stock Sector Breakdown

Weighting Return Low Return High PQTNX % Rank
Financial Services
28.13% 0.00% 100.00% 35.29%
Technology
21.35% 0.00% 33.41% 26.47%
Basic Materials
9.02% 0.00% 35.21% 35.29%
Energy
8.31% 0.00% 100.00% 38.24%
Industrials
7.36% 0.00% 13.01% 67.65%
Consumer Cyclical
6.77% 0.00% 29.89% 73.53%
Utilities
4.69% 0.00% 16.19% 17.65%
Consumer Defense
4.09% 0.00% 13.22% 73.53%
Healthcare
3.98% 0.00% 14.37% 70.59%
Communication Services
3.93% 0.00% 10.40% 44.12%
Real Estate
2.36% 0.00% 29.67% 61.76%

Stock Geographic Breakdown

Weighting Return Low Return High PQTNX % Rank
Non US
25.05% -0.01% 54.66% 15.73%
US
3.84% -0.99% 46.57% 7.87%

Bond Sector Breakdown

Weighting Return Low Return High PQTNX % Rank
Derivative
35.83% 0.00% 67.53% 22.47%
Government
33.91% 6.55% 79.39% 87.64%
Cash & Equivalents
25.85% 0.44% 30.89% 13.48%
Corporate
2.98% 0.00% 88.66% 83.15%
Securitized
1.43% 0.00% 6.20% 24.72%
Municipal
0.00% 0.00% 0.22% 66.29%

Bond Geographic Breakdown

Weighting Return Low Return High PQTNX % Rank
Non US
74.92% 0.00% 1786.94% 84.27%
US
15.71% 0.00% 717.21% 17.98%

Expenses

PQTNX - Expenses

Operational Fees

PQTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.82% 0.01% 43.49% 23.17%
Management Fee 1.60% 0.00% 1.60% 100.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.45% 0.03% 0.45% 96.00%

Sales Fees

PQTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.50% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PQTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

PQTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 0.00% 129.00% 21.05%

Distributions

PQTNX - Distributions

Dividend Yield Analysis

PQTNX Category Low Category High PQTNX % Rank
Dividend Yield 0.27% 0.00% 1.97% 55.06%

Dividend Distribution Analysis

PQTNX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

PQTNX Category Low Category High PQTNX % Rank
Net Income Ratio 1.36% -0.95% 6.33% 67.07%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PQTNX - Fund Manager Analysis

Managers

Matthew Dorsten


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.09

6.1%

Mr. Dorsten is an executive vice president in the Newport Beach office and a portfolio manager in the quantitative strategies group. He is the lead portfolio manager for managed futures in addition to having portfolio management responsibilities in multi-asset alternative risk premia and beta replication strategies. He was previously a member of the financial engineering group working on mortgage-backed securities and event-linked bonds. Prior to joining PIMCO in 2006, he received his Ph.D. in theoretical particle physics from the California Institute of Technology, where he was a National Science Foundation Graduate Research Fellow. He holds undergraduate degrees in mathematics and physics from Ohio State University.

Graham Rennison


Start Date

Tenure

Tenure Rank

Dec 31, 2013

6.09

6.1%

Mr. Rennison is a senior vice president in the quantitative portfolio management group in the Newport Beach office, focusing on multi-asset-class systematic strategies. He was previously a member of the client analytics group, advising clients on strategic asset allocation. Prior to joining PIMCO in 2011, Mr. Rennison was a director and head of systematic strategies research at Barclays Capital in New York and also spent five years at Lehman Brothers. He has 15 years of investment experience and holds master's and undergraduate degrees in mathematics from Cambridge University, England.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.31 26.15 6.33 26.15