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PIMCO ESG Income Fund
mutual fund
PEGQX
Payout Change
Pending
Price as of:
$9.23
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
PEGQX (Mutual Fund)
PIMCO ESG Income Fund
Payout Change
Pending
Price as of:
$9.23
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
PEGQX (Mutual Fund)
PIMCO ESG Income Fund
Payout Change
Pending
Price as of:
$9.23
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
Name
As of 12/24/2024Price
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
4.6%
1 yr return
4.9%
3 Yr Avg Return
1.0%
5 Yr Avg Return
N/A
Net Assets
$219 M
Holdings in Top 10
31.4%
52 WEEK LOW AND HIGH
$9.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 50.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
PEGQX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return 1.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.91%
- Dividend Yield 5.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO ESG Income Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateSep 30, 2020
-
Shares OutstandingN/A
-
Share ClassI3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJing Yang
Fund Description
The Fund seeks to achieve its investment objectives by investing under normal circumstances at least 65% of its total assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. “Fixed Income Instruments” include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The Fund will seek to maintain a high and consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies (i.e., the Fund will favor certain investments that offer consistent and high levels of income). The capital appreciation sought by the Fund generally arises from decreases in interest rates or improving credit fundamentals for a particular sector or security.The Fund will generally allocate its assets among several investment sectors, without limitation, which may include: (i) high yield securities (“junk bonds”) and investment grade corporate bonds of issuers located in the United States and non-U.S. countries, including emerging market countries; (ii) fixed income securities issued by U.S. and non-U.S. governments (including emerging market governments), their agencies and instrumentalities; (iii) mortgage-related and other asset backed securities; and (iv) foreign currencies, including those of emerging market countries. However, the Fund is not required to gain exposure to any one investment sector, and the Fund’s exposure to any one investment sector will vary over time.The average portfolio duration of this Fund normally varies from zero to eight years based on Pacific Investment Management Company LLC’s (“PIMCO”) market forecasts. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates.The Fund may avoid investment in the securities of issuers whose business practices with respect to the environment, social responsibility, and governance (“ESG practices”) do not meet criteria determined by PIMCO. In determining the efficacy of an issuer’s ESG practices, PIMCO will use its own proprietary assessments of material ESG issues and may also reference standards as set forth by recognized global organizations such as entities sponsored by the United Nations, and augment its assessments based on engagements with issuers regarding their ESG practices that have the potential to enhance risk-adjusted returns.PIMCO’s activities in this respect may include, but are not limited to, direct dialogue with company management, such as through in-person meetings, phone calls, electronic communications, and letters. The Fund may invest in securities of issuers whose ESG practices are weaker relative to certain peers or industry benchmarks, with the expectation that these practices may improve over time. The Fund may also exclude those issuers that are not receptive to PIMCO’s engagement efforts, as determined in PIMCO’s sole discretion.The Fund will not invest in the securities of any non-governmental issuer determined by PIMCO to be engaged principally in the (1) manufacture of alcoholic beverages, tobacco products or military equipment, (2) operation of gambling casinos, (3) production or distribution of adult entertainment materials, (4) oil industry, including extraction, production, and refining or (5) production or distribution of coal and coal-fired generation. Notwithstanding the restrictions set forth above, the Fund can invest in the securities of any issuer determined by PIMCO to be engaged principally in biofuel productionor natural gas generation or sales and trading activities. To the extent possible on the basis of information available to PIMCO, an issuer will be deemed to be principally engaged in an activity if it derives more than 10% of its gross revenues from such activities (or such more restrictive threshold or exclusionary screen (i.e. a lower gross revenue threshold), as may be determined by PIMCO from time to time). The Fund may also invest in labeled green, sustainability, social and sustainability-linked bonds from issuers involved in fossil fuel-related sectors. Labeled bonds are those issues with proceeds specifically earmarked to be used for climate (often referred to as “green bonds”), environmental sustainability and/or social projects and, in the case of sustainability-linked bonds, bonds that include sustainability-linked covenants, as explained by the issuer through use of a framework and/or legal documentation. Labeled bonds are often verified by a third party, which certifies that the bond will or has been used to fund projects that include eligible benefits or, in the case of a sustainability-linked bond, that the bond includes sustainability-linked covenants.In analyzing whether an issuer meets any of the criteria described above, PIMCO may rely upon, among other things, information provided by an independent third party.The Fund may invest up to 50% of its total assets in high yield securities rated below investment grade by Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Services (“S&P”) or FitchRatings, Inc. (“Fitch”), or if unrated, as determined by PIMCO (except such 50% limitation shall not apply to the Fund’s investments in mortgage- and asset-backed securities). 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. In addition, the Fund may invest, without limitation, in securities denominated in foreign currencies. The Fund may invest up to 20% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means the Fund may invest in such instruments without limitation subject to any applicable legal or regulatory limitation). The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets.The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities (issuers of which will not be treated as subject to the non-governmental issuer screens described herein), subject to applicable law and any other restrictions described in the Fund’s prospectus or Statement of Additional Information. The Fund may invest in derivatives, such as credit default swaps, on indexes of securities which may include exposure to issuers that the Fund is not permitted to invest in directly. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund 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 Fund may also invest in contingent convertible securities and up to 10% of its total assets in preferred securities.
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PEGQX - Performance
Return Ranking - Trailing
| Period | PEGQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -12.8% | 18.9% | 73.37% |
| 1 Yr | 4.9% | -13.9% | 19.8% | 72.76% |
| 3 Yr | 1.0%* | -17.4% | 13.4% | 56.67% |
| 5 Yr | N/A* | -15.3% | 13.3% | N/A |
| 10 Yr | N/A* | -7.1% | 6.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PEGQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.3% | -12.0% | 8.9% | 71.72% |
| 2022 | -11.3% | -31.8% | 18.4% | 39.14% |
| 2021 | 0.4% | -16.2% | 25.7% | 17.87% |
| 2020 | N/A | -31.1% | 18.7% | N/A |
| 2019 | N/A | -6.1% | 15.3% | N/A |
Total Return Ranking - Trailing
| Period | PEGQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -12.8% | 18.9% | 73.37% |
| 1 Yr | 4.9% | -13.9% | 19.8% | 72.76% |
| 3 Yr | 1.0%* | -17.4% | 13.4% | 56.67% |
| 5 Yr | N/A* | -15.3% | 13.3% | N/A |
| 10 Yr | N/A* | -7.1% | 6.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PEGQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.8% | -6.9% | 22.2% | 82.53% |
| 2022 | -6.4% | -31.8% | 21.1% | 32.65% |
| 2021 | 3.0% | -13.5% | 49.9% | 33.61% |
| 2020 | N/A | -28.6% | 24.1% | N/A |
| 2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
PEGQX - Holdings
Concentration Analysis
| PEGQX | Category Low | Category High | PEGQX % Rank | |
|---|---|---|---|---|
| Net Assets | 219 M | 2.63 M | 143 B | 72.45% |
| Number of Holdings | 694 | 4 | 9638 | 38.07% |
| Net Assets in Top 10 | 88.1 M | -204 M | 89.4 B | 64.90% |
| Weighting of Top 10 | 31.38% | 5.8% | 265.8% | 38.99% |
Top 10 Holdings
- FED HM LN PC POOL RA8648 FR 06/53 FIXED 5.5 7.11%
- FED HM LN PC POOL SD8329 FR 06/53 FIXED 5 6.50%
- FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE 4.61%
- TSY INFL IX N/B 01/32 0.125 3.07%
- US TREASURY N/B 04/27 4.5 1.89%
- US TREASURY N/B 03/26 4.5 1.84%
- FED HM LN PC POOL RJ1504 FR 05/54 FIXED 6.5 1.83%
- FNMA POOL CB8271 FN 04/54 FIXED 5 1.64%
- FNMA POOL CB8465 FN 05/54 FIXED 4.5 1.45%
- FNMA POOL CB8464 FN 05/54 FIXED 4 1.44%
Asset Allocation
| Weighting | Return Low | Return High | PEGQX % Rank | |
|---|---|---|---|---|
| Bonds | 111.30% | 0.00% | 199.60% | 12.17% |
| Convertible Bonds | 3.98% | 0.00% | 33.50% | 23.24% |
| Preferred Stocks | 0.03% | 0.00% | 21.58% | 38.22% |
| Stocks | 0.00% | -6.18% | 99.68% | 80.19% |
| Cash | 0.00% | -94.66% | 99.97% | 95.63% |
| Other | -8.18% | -75.22% | 147.15% | 97.04% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PEGQX % Rank | |
|---|---|---|---|---|
| Securitized | 21.65% | 0.00% | 99.65% | 39.29% |
| Corporate | 20.65% | 0.00% | 96.66% | 67.63% |
| Government | 20.45% | 0.00% | 99.43% | 29.15% |
| Derivative | 0.49% | -75.22% | 147.15% | 16.90% |
| Cash & Equivalents | 0.00% | 0.00% | 94.89% | 94.84% |
| Municipal | 0.00% | 0.00% | 54.26% | 60.55% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PEGQX % Rank | |
|---|---|---|---|---|
| US | 96.12% | 0.00% | 199.60% | 19.34% |
| Non US | 15.17% | 0.00% | 76.68% | 22.15% |
PEGQX - Expenses
Operational Fees
| PEGQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.20% | 0.03% | 34.13% | 47.59% |
| Management Fee | 0.70% | 0.00% | 2.29% | 69.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.45% | 0.00% | 0.70% | 95.77% |
Sales Fees
| PEGQX 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
| PEGQX 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.
| PEGQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 50.00% | 0.00% | 632.00% | 20.94% |
PEGQX - Distributions
Dividend Yield Analysis
| PEGQX | Category Low | Category High | PEGQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.34% | 0.00% | 23.30% | 64.30% |
Dividend Distribution Analysis
| PEGQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| PEGQX | Category Low | Category High | PEGQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.91% | -1.55% | 11.51% | 80.67% |
Capital Gain Distribution Analysis
| PEGQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.041 | OrdinaryDividend |
| Oct 31, 2024 | $0.042 | OrdinaryDividend |
| Sep 30, 2024 | $0.039 | OrdinaryDividend |
| Aug 30, 2024 | $0.045 | OrdinaryDividend |
| Jul 31, 2024 | $0.044 | OrdinaryDividend |
| Apr 30, 2024 | $0.044 | OrdinaryDividend |
| Mar 28, 2024 | $0.047 | OrdinaryDividend |
| Feb 29, 2024 | $0.038 | OrdinaryDividend |
| Jan 31, 2024 | $0.034 | OrdinaryDividend |
| Dec 29, 2023 | $0.029 | OrdinaryDividend |
| Nov 30, 2023 | $0.034 | OrdinaryDividend |
| Oct 31, 2023 | $0.033 | OrdinaryDividend |
| Sep 29, 2023 | $0.030 | OrdinaryDividend |
| Aug 31, 2023 | $0.031 | OrdinaryDividend |
| Jul 31, 2023 | $0.029 | OrdinaryDividend |
| Jun 30, 2023 | $0.034 | OrdinaryDividend |
| May 31, 2023 | $0.030 | OrdinaryDividend |
| Apr 28, 2023 | $0.030 | OrdinaryDividend |
| Mar 31, 2023 | $0.034 | OrdinaryDividend |
| Feb 28, 2023 | $0.026 | OrdinaryDividend |
| Jan 31, 2023 | $0.026 | OrdinaryDividend |
| Dec 30, 2022 | $0.030 | OrdinaryDividend |
| Dec 27, 2022 | $0.186 | OrdinaryDividend |
| Dec 07, 2022 | $0.014 | CapitalGainShortTerm |
| Dec 07, 2022 | $0.014 | CapitalGainLongTerm |
| Nov 30, 2022 | $0.031 | OrdinaryDividend |
| Oct 31, 2022 | $0.026 | OrdinaryDividend |
| Sep 30, 2022 | $0.029 | OrdinaryDividend |
| Aug 31, 2022 | $0.027 | OrdinaryDividend |
| Jul 29, 2022 | $0.022 | OrdinaryDividend |
| Jun 30, 2022 | $0.022 | OrdinaryDividend |
| May 31, 2022 | $0.019 | OrdinaryDividend |
| Apr 29, 2022 | $0.018 | OrdinaryDividend |
| Mar 31, 2022 | $0.015 | OrdinaryDividend |
| Feb 28, 2022 | $0.017 | OrdinaryDividend |
| Jan 31, 2022 | $0.017 | OrdinaryDividend |
| Dec 31, 2021 | $0.019 | OrdinaryDividend |
| Dec 28, 2021 | $0.040 | OrdinaryDividend |
| Dec 08, 2021 | $0.001 | CapitalGainShortTerm |
| Dec 08, 2021 | $0.002 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.016 | OrdinaryDividend |
| Oct 29, 2021 | $0.014 | OrdinaryDividend |
| Sep 30, 2021 | $0.018 | OrdinaryDividend |
| Aug 31, 2021 | $0.022 | OrdinaryDividend |
| Jul 30, 2021 | $0.021 | OrdinaryDividend |
| Jun 30, 2021 | $0.021 | OrdinaryDividend |
| May 28, 2021 | $0.018 | OrdinaryDividend |
| Apr 30, 2021 | $0.018 | OrdinaryDividend |
| Mar 31, 2021 | $0.015 | OrdinaryDividend |
| Feb 26, 2021 | $0.013 | OrdinaryDividend |
| Jan 29, 2021 | $0.010 | OrdinaryDividend |
| Dec 31, 2020 | $0.015 | OrdinaryDividend |
| Dec 28, 2020 | $0.011 | OrdinaryDividend |
| Nov 30, 2020 | $0.014 | OrdinaryDividend |
| Oct 30, 2020 | $0.005 | OrdinaryDividend |
PEGQX - Fund Manager Analysis
Managers
Jing Yang
Start Date
Tenure
Tenure Rank
Sep 30, 2020
1.67
1.7%
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.
Joshua Anderson
Start Date
Tenure
Tenure Rank
Sep 30, 2020
1.67
1.7%
Mr. Anderson is a managing director and portfolio manager in the London office. He is one of the lead portfolio managers for PIMCO’s mortgage and real estate-related opportunistic strategies and oversees PIMCO's European opportunistic investments across public and private mortgage, real estate and specialty finance markets. Previously, he was a structured product portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2003, he was an analyst at Merrill Lynch covering both the residential ABS and collateralized debt obligation sectors and was ranked as one of the top analysts b
Alfred Murata
Start Date
Tenure
Tenure Rank
Sep 30, 2020
1.67
1.7%
Mr. Murata is a managing director and portfolio manager in the Newport Beach office, managing income-oriented, multi-sector credit, opportunistic and securitized strategies. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013. Prior to joining PIMCO in 2001, he researched and implemented exotic equity and interest rate derivatives at Nikko Financial Technologies. He holds a Ph.D. in engineering-economic systems and operations research from Stanford University. He also earned a J.D. from Stanford Law School and is a member of the State Bar of California.
Jelle Brons
Start Date
Tenure
Tenure Rank
Sep 30, 2020
1.67
1.7%
Mr. Brons is a portfolio manager on the global corporate bond team. Prior to joining PIMCO in 2005, Mr. Brons worked at UBS Investment Bank in the credit fixed income department, initially in credit sales and then with the team responsible for CreditDelta, a credit market and portfolio analysis tool. He has investment experience since 2002 and holds a master's degree in actuarial science and econometrics from the University of Amsterdam and a master's degree in financial engineering and quantitative analysis from the ICMA Business School at the University of Reading. He is a Certified Financial Risk Manager (FRM).
Daniel Ivascyn
Start Date
Tenure
Tenure Rank
Sep 30, 2020
1.67
1.7%
Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He is lead portfolio manager for the firm’s income strategies and credit hedge fund and mortgage opportunistic strategies. Prior to joining PIMCO in 1998, he worked at Bear Stearns in the asset-backed securities group, as well as T. Rowe Price and Fidelity Investments. He holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor's degree in economics from Occidental College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.71 | 3.19 |
