PTCIX: PIMCO Long-Term Credit Bond Instl

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PTCIX PIMCO Long-Term Credit Bond Instl


Profile

PTCIX - Profile

Vitals

  • YTD Return -6.7%
  • 3 Yr Annualized Return 1.2%
  • 5 Yr Annualized Return -2.1%
  • Net Assets $4.16 B
  • Holdings in Top 10 64.7%

52 WEEK LOW AND HIGH

$12.06
$10.73
$14.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

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

BROKERAGE FEES

  • Turnover 133.00%

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 Long-Term Bond

Distributions

  • YTD Total Return -6.7%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return -2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Long-Term Credit Bond Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Mar 31, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Kiesel

Fund Description

The fund normally invests at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It invests primarily in investment grade debt securities, but may invest up to 20% of its total assets in junk bonds that are rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.


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Categories

Fund Company Quick Screens

PTCIX - Fund Company Quick Screens


Performance

PTCIX - Performance

Return Ranking - Trailing

Period PTCIX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.7% -8.4% 5.9% 66.67%
1 Yr 3.6% -6.8% 16.6% 62.50%
3 Yr 1.2%* -2.6% 5.6% 58.33%
5 Yr -2.1%* -7.3% 1.9% 90.00%
10 Yr 0.3%* -6.5% 3.3% 87.50%

* Annualized

Return Ranking - Calendar

Period PTCIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% 0.0% 18.4% 6.67%
2018 -11.7% -11.7% 3.0% 92.31%
2017 8.0% 1.3% 8.0% 8.33%
2016 5.6% -32.2% 5.6% 9.09%
2015 -16.2% -16.2% 1.5% 90.00%

Total Return Ranking - Trailing

Period PTCIX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.7% -8.4% 5.9% 66.67%
1 Yr 3.6% -6.8% 16.6% 62.50%
3 Yr 1.2%* -2.6% 5.6% 58.33%
5 Yr -2.1%* -7.3% 1.9% 90.00%
10 Yr 0.3%* -6.5% 3.3% 87.50%

* Annualized

Total Return Ranking - Calendar

Period PTCIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% 0.0% 18.4% 6.67%
2018 -11.7% -11.7% 3.0% 92.31%
2017 8.0% 1.3% 8.0% 8.33%
2016 5.6% -32.2% 5.6% 9.09%
2015 -16.2% -16.2% 1.5% 90.00%

NAV & Total Return History


Holdings

PTCIX - Holdings

Concentration Analysis

PTCIX Category Low Category High PTCIX % Rank
Net Assets 4.16 B 37.4 M 12.8 B 40.00%
Number of Holdings 1586 147 2350 33.33%
Net Assets in Top 10 2.55 B -670 M 2.55 B 6.67%
Weighting of Top 10 64.67% 12.6% 64.7% 9.09%

Top 10 Holdings

  1. Cdx Ig33 5y Ice 16.57%
  2. Cdx Ig32 5y Ice 15.16%
  3. United States Treasury Bonds 3% 9.84%
  4. United States Treasury Bonds 3% 4.55%
  5. Cdx Hy32 5y Ice 4.30%
  6. 2 Year Treasury Note Future Mar 20 3.99%
  7. Federal National Mortgage Association 3.5% 3.24%
  8. Cdx Ig33 10y Ice 2.57%
  9. Federal National Mortgage Association 3% 2.24%
  10. Irs Gbp 0.75000 03/18/20-5y Lch 2.20%

Asset Allocation

Weighting Return Low Return High PTCIX % Rank
Bonds
156.34% 75.35% 156.34% 6.67%
Convertible Bonds
3.99% 0.00% 3.99% 6.67%
Preferred Stocks
0.75% 0.00% 12.72% 33.33%
Stocks
0.03% 0.00% 7.97% 33.33%
Other
-0.44% -0.44% 20.34% 93.33%
Cash
-60.67% -60.67% 4.55% 93.33%

Bond Sector Breakdown

Weighting Return Low Return High PTCIX % Rank
Corporate
39.02% 19.51% 77.86% 40.00%
Derivative
27.48% 0.00% 27.48% 6.67%
Government
19.58% 0.00% 48.16% 60.00%
Cash & Equivalents
6.69% 0.21% 16.79% 33.33%
Securitized
6.08% 0.00% 11.94% 33.33%
Municipal
1.15% 0.01% 75.83% 86.67%

Bond Geographic Breakdown

Weighting Return Low Return High PTCIX % Rank
US
128.18% 72.32% 128.18% 6.67%
Non US
28.16% 0.00% 28.16% 6.67%

Expenses

PTCIX - Expenses

Operational Fees

PTCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.04% 2.12% 73.33%
Management Fee 0.55% 0.04% 1.10% 56.25%
12b-1 Fee N/A 0.25% 1.00% N/A
Administrative Fee 0.25% 0.08% 0.40% 33.33%

Sales Fees

PTCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PTCIX 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.

PTCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 133.00% 3.00% 189.00% 66.67%

Distributions

PTCIX - Distributions

Dividend Yield Analysis

PTCIX Category Low Category High PTCIX % Rank
Dividend Yield 0.00% 0.00% 0.96% 93.75%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PTCIX Category Low Category High PTCIX % Rank
Net Income Ratio 4.33% 2.69% 4.49% 13.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PTCIX - Fund Manager Analysis

Managers

Mark Kiesel


Start Date

Tenure

Tenure Rank

Mar 31, 2009

11.01

11.0%

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

Mohit Mittal


Start Date

Tenure

Tenure Rank

Oct 03, 2016

3.49

3.5%

Mr. Mittal is a managing director and portfolio manager in the Newport Beach office, and a senior member of the liability driven investment and credit portfolio management teams. He manages multi-sector portfolios with added specialization in long credit, investment grade credit and unconstrained bond portfolios. He joined PIMCO in 2007 and holds an MBA from the Wharton School of the University of Pennsylvania and an undergraduate degree in computer science from Indian Institute of Technology (IIT) in Delhi, India.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.51 12.68 7.18 4.09