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Trending ETFs

Fixed Income SHares: Series TE

mutual fund
FXIEX
Payout Change
Pending
Price as of:
$9.71 +0.04 +0.41%
primary theme
Municipal Bond
share class
T (FXIEX)
FXIEX (Mutual Fund)

Fixed Income SHares: Series TE

Payout Change
Pending
Price as of:
$9.71 +0.04 +0.41%
primary theme
Municipal Bond
share class
T (FXIEX)
FXIEX (Mutual Fund)

Fixed Income SHares: Series TE

Payout Change
Pending
Price as of:
$9.71 +0.04 +0.41%
primary theme
Municipal Bond
share class
T (FXIEX)

Name

As of 12/20/2024

Price

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

Fixed Income SHares: Series TE

FXIEX | Fund

$9.71

$146 M

5.01%

$0.48

0.06%

Vitals

YTD Return

5.0%

1 yr return

5.3%

3 Yr Avg Return

1.2%

5 Yr Avg Return

2.7%

Net Assets

$146 M

Holdings in Top 10

24.6%

52 WEEK LOW AND HIGH

$9.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.06%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

Price

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

Fixed Income SHares: Series TE

FXIEX | Fund

$9.71

$146 M

5.01%

$0.48

0.06%

FXIEX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.50%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fixed Income SHares: Series TE
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    Jun 25, 2012
  • Shares Outstanding
    N/A
  • Share Class
    T
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Hammer

Fund Description

The Portfolio seeks to achieve its objective by investing in municipal securities to generate income exempt from U.S. federal income tax. The Portfolio normally invests at least 80% of its net assets (plus borrowings made for investment purposes) in a portfolio of U.S. fixed income instruments comprised of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (i.e., excluded from gross income for federal income tax purposes but not necessarily exempt from the federal alternative minimum tax (“AMT”)) (the “80% Tax Exempt Policy”), including (but not limited to):■municipal debt securities issued by states and their agencies, authorities and other instrumentalities which are exempt from federal income tax;■municipal debt securities issued by local governments and their agencies, authorities and other instrumentalities which are exempt from federal income tax; and■tax-exempt structured notes, which may contain embedded derivatives.The Portfolio may invest without limit in bonds whose interest is a tax-preference item for purposes of the federal AMT.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 U.S. dollar denominated securities. The Portfolio may invest without limit in U.S. Government securities, money market instruments and/or “private activity” bonds. Distributions derived from “private activity” bonds may be subject to the federal AMT. The Portfolio may invest more than 25% of its total assets in bonds of issuers in either California or New York, or both. To the extent that the Portfolio concentrates its investments in California or New York, it will be particularly subject to California or New York state-specific risks, as applicable.The Portfolio may invest up to 80% of its total assets in high yield securities (“junk bonds”) rated below Baa3 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 80% Tax Exempt Policy noted above, the Portfolio may invest the remainder of its assets in fixed income securities that generate income that is not exempt from federal income tax (for example, Build America Bonds).The Portfolio may invest 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. Although the Portfolio did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time. The Portfolio may lend its portfolio securities to brokers, dealers and other financial institutions to earn income. The Portfolio may also invest in securities issued by entities, such as trusts, whose underlying assets are municipal bonds, including, without limitation, inverse floating rate debt securities (“inverse floaters”). The Portfolio may 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 will not change the 80% Tax Exempt Policy 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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FXIEX - Performance

Return Ranking - Trailing

Period FXIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -6.1% 36.1% 1.01%
1 Yr 5.3% -6.0% 38.2% 0.94%
3 Yr 1.2%* -11.5% 5.9% 3.55%
5 Yr 2.7%* -7.2% 1103.7% 2.31%
10 Yr 2.1%* -1.1% 248.9% 17.46%

* Annualized

Return Ranking - Calendar

Period FXIEX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -1.4% 41.0% 5.52%
2022 -13.6% -39.7% 0.3% 79.59%
2021 -0.5% -5.6% 6.9% 48.93%
2020 3.6% -2.6% 310.0% 3.43%
2019 4.5% 0.0% 26.0% 25.99%

Total Return Ranking - Trailing

Period FXIEX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -6.1% 36.1% 1.01%
1 Yr 5.3% -6.0% 38.2% 0.94%
3 Yr 1.2%* -11.5% 5.9% 3.55%
5 Yr 2.7%* -7.2% 1103.7% 2.31%
10 Yr 2.1%* -1.1% 248.9% 17.46%

* Annualized

Total Return Ranking - Calendar

Period FXIEX Return Category Return Low Category Return High Rank in Category (%)
2023 10.2% -1.3% 41.0% 0.74%
2022 -9.6% -39.7% 1.1% 52.70%
2021 3.1% -4.8% 23761504.0% 15.74%
2020 7.5% -1.5% 17057.9% 2.80%
2019 6.4% 0.2% 3514.6% 54.64%

NAV & Total Return History

FXIEX - Holdings

Concentration Analysis

FXIEX Category Low Category High FXIEX % Rank
Net Assets 146 M 3.22 M 71.9 B 79.50%
Number of Holdings 186 4 13418 60.98%
Net Assets in Top 10 35.2 M -317 M 3.09 B 74.88%
Weighting of Top 10 24.64% 1.8% 100.3% 24.46%

Top 10 Holdings

  1. PIMCO PRV SHORT TERM FLT III MUTUAL FUND 9.21%
  2. ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/49 ADJUSTABLE VAR 1.96%
  3. PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0 1.90%
  4. NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/50 ADJUSTABLE VAR 1.75%
  5. HARRIS CNTY TX CULTURAL EDU FA HAREDU 10/41 ADJUSTABLE VAR 1.75%
  6. NEW YORK CITY NY TRANSITIONAL NYCGEN 11/36 ADJUSTABLE VAR 1.75%
  7. PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR 1.66%
  8. MINNESOTA ST HSG FIN AGY MNSHSG 01/55 FIXED 6.5 1.62%
  9. BLACK BELT ENERGY GAS DIST AL BBEUTL 10/54 ADJUSTABLE VAR 1.56%
  10. ILLINOIS ST ILS 12/26 FIXED 5 1.47%

Asset Allocation

Weighting Return Low Return High FXIEX % Rank
Bonds 		91.94% 0.00% 150.86% 94.09%
Cash 		9.21% -50.86% 44.62% 4.16%
Stocks 		0.00% 0.00% 99.77% 15.64%
Preferred Stocks 		0.00% 0.00% 0.07% 1.95%
Other 		0.00% -3.69% 53.54% 15.78%
Convertible Bonds 		0.00% 0.00% 0.93% 1.15%

Bond Sector Breakdown

Weighting Return Low Return High FXIEX % Rank
Municipal 		92.27% 44.39% 100.00% 89.62%
Cash & Equivalents 		9.21% 0.00% 44.41% 3.96%
Corporate 		0.23% 0.00% 9.41% 8.70%
Derivative 		0.00% -3.69% 53.54% 13.03%
Securitized 		0.00% 0.00% 5.93% 3.03%
Government 		0.00% 0.00% 52.02% 8.56%

Bond Geographic Breakdown

Weighting Return Low Return High FXIEX % Rank
US 		91.94% 0.00% 142.23% 93.62%
Non US 		0.00% 0.00% 23.89% 5.78%

FXIEX - Expenses

Operational Fees

FXIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.06% 0.01% 8.02% 99.66%
Management Fee 0.00% 0.00% 1.20% 0.07%
12b-1 Fee N/A 0.00% 1.00% 0.21%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

FXIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FXIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

FXIEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 283.00% 57.76%

FXIEX - Distributions

Dividend Yield Analysis

FXIEX Category Low Category High FXIEX % Rank
Dividend Yield 5.01% 0.00% 14.51% 0.34%

Dividend Distribution Analysis

FXIEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FXIEX Category Low Category High FXIEX % Rank
Net Income Ratio 3.50% -0.53% 5.33% 4.55%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FXIEX - Fund Manager Analysis

Managers

David Hammer

Start Date

Tenure

Tenure Rank

Aug 20, 2015

6.78

6.8%

Mr. Hammer is an executive vice president in the New York office and head of municipal bond portfolio management. He rejoined PIMCO in 2015 from Morgan Stanley, where he was managing director and head of municipal trading, risk management and research. Previously at PIMCO, he was a senior vice president and municipal bond portfolio manager, and prior to joining PIMCO in 2012, he was an executive director and head of the high yield and distressed municipal bond trading group at Morgan Stanley. He has 17 years of investment experience and holds an undergraduate degree from Syracuse University.

Rachel Betton

Start Date

Tenure

Tenure Rank

Jan 03, 2020

2.41

2.4%

Ms. Betton is a senior vice president and municipal bond portfolio manager in the New York office. Prior to joining PIMCO in 2013, she was a municipal high yield and distressed trader at Morgan Stanley. Additionally, she was a public finance banker, focusing on municipal asset-backed securitizations and revenue-backed credits in the Midwest. She has 11 years of investment and financial services experience and holds an undergraduate degree from Wesleyan University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.36 1.58

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