PWLIX: PIMCO RAE Worldwide Long/Short PLUS Inst

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PWLIX PIMCO RAE Worldwide Long/Short PLUS Inst


Profile

PWLIX - Profile

Vitals

  • YTD Return -13.9%
  • 3 Yr Annualized Return -5.3%
  • 5 Yr Annualized Return -2.8%
  • Net Assets $963 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$8.65
$7.41
$10.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

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

BROKERAGE FEES

  • Turnover 337.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -13.9%
  • 3 Yr Annualized Total Return -5.3%
  • 5 Yr Annualized Total Return -2.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PIMCO RAE Worldwide Long/Short PLUS Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Dec 04, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mohsen Fahmi

Fund Description

The fund seeks to achieve its investment objective under normal circumstances by obtaining long exposure to three separate stock portfolios representing developed and developing markets, short exposure to corresponding capitalization-weighted equity indexes, and complementing this equity exposure with absolute return bond alpha strategy.


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Categories

Performance

PWLIX - Performance

Return Ranking - Trailing

Period PWLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -85.2% 115.2% 68.01%
1 Yr -14.2% -87.8% 80.1% 72.26%
3 Yr -5.3%* -55.1% 24.7% 60.16%
5 Yr -2.8%* -46.8% 24.3% 49.73%
10 Yr N/A* -17.1% 31.7% N/A

* Annualized

Return Ranking - Calendar

Period PWLIX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% -24.2% 71.9% 72.43%
2018 0.0% -35.0% 12.7% 3.05%
2017 0.7% -25.3% 59.5% 65.43%
2016 9.0% -15.5% 42.5% 38.64%
2015 -8.1% -65.1% 11.8% 50.28%

Total Return Ranking - Trailing

Period PWLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -85.2% 115.2% 68.01%
1 Yr -14.2% -87.8% 80.1% 71.94%
3 Yr -5.3%* -55.1% 29.7% 65.34%
5 Yr -2.8%* -46.8% 27.3% 56.68%
10 Yr N/A* -17.1% 33.5% N/A

* Annualized

Total Return Ranking - Calendar

Period PWLIX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% -22.9% 71.9% 73.42%
2018 0.0% -31.5% 12.7% 5.73%
2017 0.7% -25.3% 68.6% 70.78%
2016 9.0% -15.5% 42.5% 48.64%
2015 -8.1% -65.1% 11.8% 64.09%

NAV & Total Return History


Holdings

PWLIX - Holdings

Concentration Analysis

PWLIX Category Low Category High PWLIX % Rank
Net Assets 963 M 105 K 7.33 B 13.00%
Number of Holdings 714 3 1562 3.10%
Net Assets in Top 10 1.21 B 409 K 2.15 B 7.43%
Weighting of Top 10 N/A 16.0% 238.7% 4.30%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PWLIX % Rank
Stocks
90.48% 81.68% 379.21% 78.02%
Bonds
69.78% -43.96% 69.78% 0.31%
Other
21.03% -52.75% 26.00% 3.10%
Convertible Bonds
2.81% -0.02% 3.65% 1.86%
Preferred Stocks
0.00% 0.00% 7.00% 37.46%
Cash
-84.10% -279.21% 32.48% 94.12%

Stock Sector Breakdown

Weighting Return Low Return High PWLIX % Rank
Utilities
0.00% 0.00% 16.66% 74.93%
Technology
0.00% 0.00% 52.20% 69.92%
Real Estate
0.00% 0.00% 99.68% 62.67%
Industrials
0.00% 0.00% 49.81% 78.55%
Healthcare
0.00% 0.00% 100.00% 69.08%
Financial Services
0.00% 0.00% 46.06% 69.36%
Energy
0.00% 0.00% 100.00% 88.86%
Communication Services
0.00% 0.00% 23.93% 64.62%
Consumer Defense
0.00% 0.00% 20.46% 63.79%
Consumer Cyclical
0.00% 0.00% 32.69% 67.97%
Basic Materials
0.00% 0.00% 15.50% 71.31%

Stock Geographic Breakdown

Weighting Return Low Return High PWLIX % Rank
US
85.73% 80.06% 379.21% 77.09%
Non US
4.75% -1.51% 39.88% 27.55%

Bond Sector Breakdown

Weighting Return Low Return High PWLIX % Rank
Government
30.31% 0.00% 100.00% 4.04%
Derivative
24.53% 0.00% 32.38% 0.93%
Securitized
20.69% 0.00% 26.09% 1.86%
Cash & Equivalents
18.66% -0.91% 100.00% 87.89%
Corporate
5.79% 0.00% 99.42% 19.88%
Municipal
0.01% 0.00% 2.17% 6.21%

Bond Geographic Breakdown

Weighting Return Low Return High PWLIX % Rank
US
50.02% -43.96% 50.02% 0.31%
Non US
19.76% 0.00% 20.45% 1.55%

Expenses

PWLIX - Expenses

Operational Fees

PWLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.37% 37.17% 77.22%
Management Fee 1.19% 0.00% 2.64% 80.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.05% 0.45% 84.62%

Sales Fees

PWLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PWLIX 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.

PWLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 337.00% 0.00% 5191.00% 93.49%

Distributions

PWLIX - Distributions

Dividend Yield Analysis

PWLIX Category Low Category High PWLIX % Rank
Dividend Yield 0.00% 0.00% 22.55% 44.27%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PWLIX Category Low Category High PWLIX % Rank
Net Income Ratio 1.72% -49.00% 8.14% 10.73%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PWLIX - Fund Manager Analysis

Managers

Mohsen Fahmi


Start Date

Tenure

Tenure Rank

Dec 04, 2014

5.41

5.4%

Mr. Fahmi is a managing director of PIMCO and generalist portfolio manager in the Newport Beach office, focusing on global fixed income assets. Prior to joining PIMCO in 2014, he was with Moore Capital Management, most recently as a senior portfolio manager and previously as chief operating officer. In London earlier in his career, he was co-head of bond and currency proprietary trading at Tokai Bank Europe, head of leveraged investment at Salomon Brothers and executive director of proprietary trading at Goldman Sachs. Prior to this, he was a proprietary trader for J.P. Morgan in both New York and London, and he also spent seven years as an investment officer at the World Bank in Washington, DC. He has investment experience since 1985.He holds an MBA from Stanford University. He received a master's degree in civil engineering from the Ohio State University and an undergraduate degree from Ain Shams University, Cairo.

Robert Arnott


Start Date

Tenure

Tenure Rank

Dec 04, 2014

5.41

5.4%

Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative asset allocation and alternative indexation products. He previously served as chairman of First Quadrant, as president of TSA Capital Management (now part of Analytic Investors), and as vice president at The Boston Company. He also was global equity strategist at Salomon Brothers. He has published more than 100 articles in journals such as the Journal of Portfolio Management, the Harvard Busine

Christopher Brightman


Start Date

Tenure

Tenure Rank

Jul 28, 2017

2.76

2.8%

Mr. Brightman is chief investment officer at Research Affiliates, a subadvisor to PIMCO. He leads the Research and Investment Management team. In this role, he supervises Research Affiliates' research and development activities, provision of index strategies, and management of client portfolios. Mr. Brightman has more than 30 years of investment experience, including as board chair of The Investment Fund for Foundations, chief executive officer of the University of Virginia Investment Management Company, chief investment officer of Strategic Investment Group, director of global equity strategy

Jing Yang


Start Date

Tenure

Tenure Rank

Jul 20, 2018

1.78

1.8%

Ms. Yang is an executive vice president and a mortgage specialist in the structured credit group in the Newport Beach office. Prior to joining Pacific Investment Management Company LLC in 2006, she worked in home equity loan structuring at Morgan Stanley in New York. She has eight years of investment experience and holds a Ph.D. in Bioinformatics and a master's degree in statistics from the University of Chicago.Ms. Yang is an Executive Vice President of Pacific Investment Management Company LLC.

Bryan Tsu


Start Date

Tenure

Tenure Rank

Jul 20, 2018

1.78

1.8%

Mr. Tsu is a senior vice president and portfolio manager in the Newport Beach office, focusing on commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs). Prior to joining Pacific Investment Management Company LLC in 2008, he worked at Bear Stearns in New York, syndicating collateralized loan and collateralized debt obligations and other asset-backed transactions. He has eight years of investment experience and holds a bachelor's degree in economics and operations research from Columbia University.Mr. Tsu is one of Executive Vice Presidents of Pacific Investment Management Company LLC.

Graham Rennison


Start Date

Tenure

Tenure Rank

May 10, 2019

0.98

1.0%

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
0.08 24.68 5.66 10.09