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Fixed Income SHares: Series C
mutual fund
FXICX
Payout Change
Pending
Price as of:
$8.87
+0.03
+0.34%
primary theme
Bond Sector Diversified
share class
FXICX (Mutual Fund)
Fixed Income SHares: Series C
Payout Change
Pending
Price as of:
$8.87
+0.03
+0.34%
primary theme
Bond Sector Diversified
share class
FXICX (Mutual Fund)
Fixed Income SHares: Series C
Payout Change
Pending
Price as of:
$8.87
+0.03
+0.34%
primary theme
Bond Sector Diversified
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.0%
1 yr return
5.2%
3 Yr Avg Return
-1.9%
5 Yr Avg Return
0.8%
Net Assets
$1.53 B
Holdings in Top 10
60.9%
52 WEEK LOW AND HIGH
$8.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 282.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FXICX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return -1.9%
- 5 Yr Annualized Total Return 0.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.34%
- Dividend Yield 5.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFixed Income SHares: Series C
-
Fund Family NamePIMCOFUNDS
-
Inception DateOct 18, 2000
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Braun
Fund Description
The Portfolio seeks to achieve its investment objective by normally investing substantially all (and at least 80%) of its net assets (plus borrowings made for investment purposes) in a portfolio of U.S. and foreign fixed income instruments including (but not limited to): corporate debt securities of U.S. and non-U.S. issuers, including convertible securities and corporate commercial paper; floating and variable rate debt instruments, inflation-indexed bonds issued by corporations; structured notes, including hybrid or “indexed” securities and event-linked bonds; loan participations and assignments; delayed funding loans and revolving credit facilities; bank certificates of deposit, fixed time deposits and bankers’ acceptances; repurchase agreements and reverse repurchase agreements; debt securities issued by states or local governments and their agencies, authorities and other instrumentalities; obligations of non-U.S. governments and their subdivisions, agencies and government sponsored enterprises; obligations of international agencies or supranational entities; obligations issued or guaranteed by the U.S. Government, its agencies and instrumentalities; mortgage-related and other asset-backed securities, such as mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage-backed securities, mortgage dollar rolls, stripped mortgage-backed securities, collateralized bond obligations (“CBOs”), collateralized loan obligations (“CLOs”), other collateralized debt obligations (“CDOs”) and other similarly structured securities; and derivative instruments that have economic characteristics similar to the securities referenced above.The Portfolio may invest up to 50% of its assets in high yield securities (“junk bonds”) rated B or higher by Moody’s Investor Services (“Moody’s”), or equivalently rated by Standard & Poor’s (“S&P”) or Fitch Ratings, Inc. (“Fitch”) or, if unrated, determined by PIMCO to be of comparable quality. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. Subject to the limitations set forth in this prospectus, the Portfolio may invest in foreign (non-U.S.) currencies, securities denominated in foreign (non-U.S.) currencies, U.S. dollar denominated securities of foreign issuers, and securities and instruments of issuers that are economically tied to emerging market countries.The Portfolio may invest up to 55% of its assets in securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities. Certain of these securities issued by U.S. Government-sponsored entities may not be backed by the full faith and credit of the U.S. Government. Mortgage-related and other asset-backed securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities are not subject to this limitation. The Portfolio may invest without limitation in mortgage-related and other asset-backed securities, including mortgage-related and other asset-backed securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities.The Portfolio may invest in instruments of any maturity. The average portfolio duration of the Portfolio is expected to vary and may range anywhere from relatively short (e.g., less than two years) to relatively long (e.g., more than ten years) based on PIMCO’s forecast for interest rates.The Portfolio may invest without limit in derivative instruments, such as options, futures contracts or swap agreements, which may relate to fixed income securities, interest rates, currencies or currency exchange rates, commodities, real estate and other assets, and related indices. The Portfolio may lend its portfolio securities to brokers, dealers and other financial institutions to earn income. Although the Portfolio may invest in derivatives of any kind, it expects to invest in futures contracts, swaps and forward foreign currency contracts and to write (sell) put and call options on securities for hedging, risk management or other purposes, including for the purpose or having the effect of creating leverage. The Portfolio may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls). The Portfolio may also invest in contingent convertible securities. The “total return” sought by the Portfolio consists of income earned on its investments, plus capital appreciation, if any, generally arising from decreases in interest rates or improving credit fundamentals for a particular sector or security.The Portfolio will not change its policy to, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed income instruments unless the Portfolio provides shareholders with the notice required by Rule 35d-1 under the Investment Company Act of 1940, as it may be amended or interpreted by the Securities and Exchange Commission (the “SEC”) from time to time (the “1940 Act”).
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FXICX - Performance
Return Ranking - Trailing
| Period | FXICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -14.3% | 18.7% | 59.91% |
| 1 Yr | 5.2% | -13.8% | 19.7% | 55.26% |
| 3 Yr | -1.9%* | -17.0% | 13.3% | 90.48% |
| 5 Yr | 0.8%* | -15.1% | 13.1% | 78.04% |
| 10 Yr | -0.3%* | -7.0% | 6.9% | 95.92% |
* Annualized
Return Ranking - Calendar
| Period | FXICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.5% | -12.0% | 8.9% | 34.47% |
| 2022 | -20.7% | -31.8% | 18.4% | 94.45% |
| 2021 | -2.8% | -16.2% | 25.7% | 72.46% |
| 2020 | 6.2% | -31.1% | 18.7% | 8.20% |
| 2019 | 4.9% | -6.1% | 15.3% | 43.93% |
Total Return Ranking - Trailing
| Period | FXICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -14.3% | 18.7% | 59.91% |
| 1 Yr | 5.2% | -13.8% | 19.7% | 55.26% |
| 3 Yr | -1.9%* | -17.0% | 13.3% | 90.48% |
| 5 Yr | 0.8%* | -15.1% | 13.1% | 78.04% |
| 10 Yr | -0.3%* | -7.0% | 6.9% | 95.92% |
* Annualized
Total Return Ranking - Calendar
| Period | FXICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.7% | -6.9% | 22.2% | 37.09% |
| 2022 | -16.5% | -31.8% | 21.1% | 95.88% |
| 2021 | 0.6% | -13.5% | 49.9% | 71.31% |
| 2020 | 10.1% | -28.6% | 24.1% | 7.13% |
| 2019 | 6.9% | -4.8% | 19.1% | 68.98% |
NAV & Total Return History
FXICX - Holdings
Concentration Analysis
| FXICX | Category Low | Category High | FXICX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.53 B | 2.63 M | 143 B | 35.03% |
| Number of Holdings | 516 | 4 | 9638 | 48.99% |
| Net Assets in Top 10 | 938 M | -204 M | 89.4 B | 22.00% |
| Weighting of Top 10 | 60.93% | 5.8% | 265.8% | 20.13% |
Top 10 Holdings
- FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE 13.24%
- TSY INFL IX N/B 01/34 1.75 8.15%
- FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 6.33%
- FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 5.78%
- FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 5.22%
- FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 5.20%
- FED HM LN PC POOL SD8341 FR 07/53 FIXED 5 4.52%
- GNMA II TBA 30 YR 2.5 JUMBOS 4.44%
- FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 4.05%
- TSY INFL IX N/B 01/28 0.5 4.01%
Asset Allocation
| Weighting | Return Low | Return High | FXICX % Rank | |
|---|---|---|---|---|
| Bonds | 147.75% | 0.00% | 199.60% | 3.12% |
| Convertible Bonds | 6.39% | 0.00% | 33.50% | 10.26% |
| Preferred Stocks | 1.56% | 0.00% | 21.58% | 9.98% |
| Cash | 1.09% | -94.66% | 99.97% | 78.63% |
| Stocks | 0.00% | -6.18% | 99.68% | 70.83% |
| Other | -2.99% | -75.22% | 147.15% | 94.23% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FXICX % Rank | |
|---|---|---|---|---|
| Securitized | 24.01% | 0.00% | 99.65% | 37.04% |
| Corporate | 23.52% | 0.00% | 96.66% | 65.70% |
| Government | 23.28% | 0.00% | 99.43% | 24.96% |
| Municipal | 2.03% | 0.00% | 54.26% | 7.09% |
| Cash & Equivalents | 1.09% | 0.00% | 94.89% | 74.02% |
| Derivative | -0.28% | -75.22% | 147.15% | 83.57% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FXICX % Rank | |
|---|---|---|---|---|
| US | 139.35% | 0.00% | 199.60% | 2.96% |
| Non US | 8.40% | 0.00% | 74.14% | 33.07% |
FXICX - Expenses
Operational Fees
| FXICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | 34.13% | 100.00% |
| Management Fee | 0.00% | 0.00% | 2.29% | 0.31% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 1.40% |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| FXICX 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
| FXICX 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.
| FXICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 282.00% | 0.00% | 632.00% | 95.47% |
FXICX - Distributions
Dividend Yield Analysis
| FXICX | Category Low | Category High | FXICX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.31% | 0.00% | 23.30% | 57.65% |
Dividend Distribution Analysis
| FXICX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| FXICX | Category Low | Category High | FXICX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.34% | -1.55% | 11.51% | 99.05% |
Capital Gain Distribution Analysis
| FXICX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.039 | OrdinaryDividend |
| Oct 31, 2024 | $0.037 | OrdinaryDividend |
| Sep 30, 2024 | $0.034 | OrdinaryDividend |
| Aug 30, 2024 | $0.036 | OrdinaryDividend |
| Jul 31, 2024 | $0.035 | OrdinaryDividend |
| Apr 30, 2024 | $0.038 | OrdinaryDividend |
| Mar 28, 2024 | $0.036 | OrdinaryDividend |
| Feb 29, 2024 | $0.033 | OrdinaryDividend |
| Jan 31, 2024 | $0.032 | OrdinaryDividend |
| Dec 29, 2023 | $0.034 | OrdinaryDividend |
| Nov 30, 2023 | $0.034 | OrdinaryDividend |
| Oct 31, 2023 | $0.033 | OrdinaryDividend |
| Sep 29, 2023 | $0.033 | OrdinaryDividend |
| Aug 31, 2023 | $0.035 | OrdinaryDividend |
| Jul 31, 2023 | $0.031 | OrdinaryDividend |
| Jun 30, 2023 | $0.039 | OrdinaryDividend |
| May 31, 2023 | $0.034 | OrdinaryDividend |
| Apr 28, 2023 | $0.029 | OrdinaryDividend |
| Mar 31, 2023 | $0.034 | OrdinaryDividend |
| Feb 28, 2023 | $0.031 | OrdinaryDividend |
| Jan 31, 2023 | $0.026 | OrdinaryDividend |
| Dec 30, 2022 | $0.027 | OrdinaryDividend |
| Dec 27, 2022 | $0.115 | OrdinaryDividend |
| Nov 30, 2022 | $0.026 | OrdinaryDividend |
| Oct 31, 2022 | $0.025 | OrdinaryDividend |
| Sep 30, 2022 | $0.027 | OrdinaryDividend |
| Aug 31, 2022 | $0.028 | OrdinaryDividend |
| Jul 29, 2022 | $0.027 | OrdinaryDividend |
| Jun 30, 2022 | $0.026 | OrdinaryDividend |
| May 31, 2022 | $0.027 | OrdinaryDividend |
| Apr 29, 2022 | $0.028 | OrdinaryDividend |
| Mar 31, 2022 | $0.029 | OrdinaryDividend |
| Feb 28, 2022 | $0.029 | OrdinaryDividend |
| Jan 31, 2022 | $0.028 | OrdinaryDividend |
| Dec 31, 2021 | $0.032 | OrdinaryDividend |
| Nov 30, 2021 | $0.028 | OrdinaryDividend |
| Oct 29, 2021 | $0.029 | OrdinaryDividend |
| Sep 30, 2021 | $0.029 | OrdinaryDividend |
| Aug 31, 2021 | $0.027 | OrdinaryDividend |
| Jul 30, 2021 | $0.030 | OrdinaryDividend |
| Jun 30, 2021 | $0.030 | OrdinaryDividend |
| May 28, 2021 | $0.028 | OrdinaryDividend |
| Apr 30, 2021 | $0.030 | OrdinaryDividend |
| Mar 31, 2021 | $0.029 | OrdinaryDividend |
| Feb 26, 2021 | $0.028 | OrdinaryDividend |
| Jan 29, 2021 | $0.026 | OrdinaryDividend |
| Dec 31, 2020 | $0.030 | OrdinaryDividend |
| Nov 30, 2020 | $0.026 | OrdinaryDividend |
| Oct 30, 2020 | $0.028 | OrdinaryDividend |
| Sep 30, 2020 | $0.028 | OrdinaryDividend |
| Aug 31, 2020 | $0.027 | OrdinaryDividend |
| Jul 31, 2020 | $0.031 | OrdinaryDividend |
| Jun 30, 2020 | $0.029 | OrdinaryDividend |
| May 29, 2020 | $0.028 | OrdinaryDividend |
| Apr 30, 2020 | $0.032 | OrdinaryDividend |
| Mar 31, 2020 | $0.033 | OrdinaryDividend |
| Feb 28, 2020 | $0.027 | OrdinaryDividend |
| Jan 31, 2020 | $0.032 | OrdinaryDividend |
| Dec 31, 2019 | $0.032 | OrdinaryDividend |
| Nov 29, 2019 | $0.032 | OrdinaryDividend |
| Oct 31, 2019 | $0.031 | OrdinaryDividend |
| Sep 30, 2019 | $0.030 | OrdinaryDividend |
| Aug 30, 2019 | $0.036 | OrdinaryDividend |
| Jul 31, 2019 | $0.035 | OrdinaryDividend |
FXICX - Fund Manager Analysis
Managers
David Braun
Start Date
Tenure
Tenure Rank
May 26, 2016
6.02
6.0%
Mr. Braun is a managing director and generalist portfolio manager in the New York office. Mr. Braun joined PIMCO in 2009 and is head of the U.S. financial institutions group (FIG) and stable value portfolio management teams. He is also a senior member of both the liability-driven investment and the U.S. core portfolio management teams. He oversees management of fixed income investment portfolios for institutional and retail clients. Mr. Braun has 25 years of investment, risk management (including chief risk officer of a large investment company) and actuarial experience. He holds an undergraduate degree in mathematics from the University of Connecticut. He is also a Fellow of the Society of Actuaries and a certified Financial Risk Manager.
Scott Mather
Start Date
Tenure
Tenure Rank
May 26, 2016
6.02
6.0%
Mr. Mather is CIO U.S. Core Strategies and a managing director in the Newport Beach office. He is a member of the Investment Committee and a generalist portfolio manager. Mr. Mather also oversees ESG portfolio integration in the U.S. Previously he was head of global portfolio management. Before that, he led portfolio management in Europe, managed euro and pan-European portfolios and worked closely with many Allianz-related companies. He also served as a managing director of Allianz Global Investors KAG. Prior to these roles, Mr. Mather co-headed PIMCO's mortgage- and asset-backed securities team. Prior to joining PIMCO in 1998, he was a fixed income trader specializing in mortgage-backed securities at Goldman Sachs in New York. He holds a master's degree in engineering, as well as undergraduate degrees, from the University of Pennsylvania.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.71 | 3.19 |
