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PIMCO Government Money Market Fund
mutual fund
PGPXX
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
PGPXX (Mutual Fund)
PIMCO Government Money Market Fund
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
PGPXX (Mutual Fund)
PIMCO Government Money Market Fund
Payout Change
Pending
Price as of:
$1.0
+0.0
+0.0%
primary theme
Taxable Money Market
share class
Name
As of 12/23/2024Price
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
10.2%
1 yr return
10.2%
3 Yr Avg Return
5.3%
5 Yr Avg Return
3.2%
Net Assets
$1.24 B
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 12/23/2024Price
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
PGPXX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.00%
- Dividend Yield 4.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO Government Money Market Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateSep 01, 2010
-
Shares OutstandingN/A
-
Share ClassI2
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJerome Schneider
Fund Description
The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a portfolio of U.S. government securities. The Fund invests 100% of its total assets in (i) cash, (ii) U.S. government securities, such as U.S. Treasury bills, notes, and other obligations issued by, or guaranteed as to principal and interest by, the U.S. government (including its agencies and instrumentalities), and (iii) repurchase agreements that are collateralized fully by such U.S. government securities or cash. The Fund may only invest in U.S. dollar-denominated securities that mature in 397 days or fewer from the date of purchase. The dollar-weighted average portfolio maturity of the Fund may not exceed 60 days and the dollar-weighted average life to maturity of the Fund may not exceed 120 days. The Fund attempts to maintain a stable net asset value of $1.00 per share, although there is no assurance that it will be successful in doing so.The Fund’s investments will comply with applicable rules governing the quality, maturity and diversification of securities held by money market funds.The Fund may enter into reverse repurchase agreements and sale buy back transactions to satisfy redemption requests or for other temporary or emergency purposes.
Read More
PGPXX - Performance
Return Ranking - Trailing
| Period | PGPXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.2% | 0.5% | 10.4% | 1.02% |
| 1 Yr | 10.2% | 0.5% | 10.4% | 1.02% |
| 3 Yr | 5.3%* | 0.7% | 5.4% | 1.08% |
| 5 Yr | 3.2%* | 0.5% | 3.3% | 1.18% |
| 10 Yr | 2.0%* | 0.4% | 32.5% | 3.00% |
* Annualized
Return Ranking - Calendar
| Period | PGPXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | -0.1% | 5.0% | 90.36% |
| 2022 | 0.0% | 0.0% | 1.2% | 94.55% |
| 2021 | 0.0% | 0.0% | 0.0% | 94.23% |
| 2020 | 0.0% | 0.0% | 0.4% | 94.58% |
| 2019 | 0.0% | 0.0% | 2.0% | 94.34% |
Total Return Ranking - Trailing
| Period | PGPXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.2% | 0.5% | 10.4% | 1.02% |
| 1 Yr | 10.2% | 0.5% | 10.4% | 1.02% |
| 3 Yr | 5.3%* | 0.7% | 5.4% | 1.08% |
| 5 Yr | 3.2%* | 0.5% | 3.3% | 1.18% |
| 10 Yr | 2.0%* | 0.4% | 32.5% | 3.00% |
* Annualized
Total Return Ranking - Calendar
| Period | PGPXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.3% | 0.8% | 5.9% | 22.34% |
| 2022 | 1.4% | 0.0% | 1.7% | 25.97% |
| 2021 | 0.0% | 0.0% | 1.9% | 79.95% |
| 2020 | 0.4% | 0.0% | 3.0% | 46.08% |
| 2019 | 2.0% | 0.0% | 3797.9% | 36.79% |
NAV & Total Return History
PGPXX - Holdings
Concentration Analysis
| PGPXX | Category Low | Category High | PGPXX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.24 B | 818 K | 211 B | 24.50% |
| Number of Holdings | 14 | 1 | 346 | 86.85% |
| Net Assets in Top 10 | 1.22 B | 147 K | 163 B | 71.46% |
| Weighting of Top 10 | N/A | 22.7% | 100.0% | 8.86% |
Top 10 Holdings
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
- U S TREASURY REPO 47.92%
Asset Allocation
| Weighting | Return Low | Return High | PGPXX % Rank | |
|---|---|---|---|---|
| Cash | 86.23% | 25.56% | 100.00% | 17.82% |
| Bonds | 13.77% | 0.00% | 74.44% | 81.44% |
| Stocks | 0.00% | 0.00% | 0.00% | 94.31% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 94.31% |
| Other | 0.00% | -1.67% | 0.04% | 93.07% |
| Convertible Bonds | 0.00% | 0.00% | 21.22% | 95.30% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PGPXX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 87.25% | 0.00% | 100.00% | 14.85% |
| Government | 12.75% | 0.00% | 44.01% | 80.69% |
| Derivative | 0.00% | 0.00% | 0.00% | 94.31% |
| Securitized | 0.00% | 0.00% | 1.75% | 94.55% |
| Corporate | 0.00% | 0.00% | 100.00% | 96.04% |
| Municipal | 0.00% | 0.00% | 22.71% | 94.80% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PGPXX % Rank | |
|---|---|---|---|---|
| US | 13.77% | 0.00% | 72.86% | 80.94% |
| Non US | 0.00% | 0.00% | 3.41% | 94.80% |
PGPXX - Expenses
Operational Fees
| PGPXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.28% | 0.07% | 2.23% | 66.09% |
| Management Fee | 0.28% | 0.03% | 0.50% | 87.87% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.16% | 0.01% | 0.55% | 85.19% |
Sales Fees
| PGPXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 5.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PGPXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
| PGPXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 0.00% | 0.00% | 485.00% | 52.94% |
PGPXX - Distributions
Dividend Yield Analysis
| PGPXX | Category Low | Category High | PGPXX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.56% | 0.00% | 5.42% | 28.71% |
Dividend Distribution Analysis
| PGPXX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PGPXX | Category Low | Category High | PGPXX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.00% | -1.09% | 1.67% | 97.22% |
Capital Gain Distribution Analysis
| PGPXX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.004 | OrdinaryDividend |
| Oct 31, 2024 | $0.004 | OrdinaryDividend |
| Sep 30, 2024 | $0.004 | OrdinaryDividend |
| Aug 30, 2024 | $0.005 | OrdinaryDividend |
| Jul 31, 2024 | $0.030 | OrdinaryDividend |
| Apr 30, 2024 | $0.004 | OrdinaryDividend |
| Mar 28, 2024 | $0.004 | OrdinaryDividend |
| Feb 29, 2024 | $0.004 | OrdinaryDividend |
| Jan 31, 2024 | $0.004 | OrdinaryDividend |
| Dec 29, 2023 | $0.005 | OrdinaryDividend |
| Nov 30, 2023 | $0.004 | OrdinaryDividend |
| Oct 31, 2023 | $0.004 | OrdinaryDividend |
| Sep 29, 2023 | $0.004 | OrdinaryDividend |
| Aug 31, 2023 | $0.004 | OrdinaryDividend |
| Jul 31, 2023 | $0.004 | OrdinaryDividend |
| Jun 30, 2023 | $0.004 | OrdinaryDividend |
| May 31, 2023 | $0.004 | OrdinaryDividend |
| Apr 28, 2023 | $0.004 | OrdinaryDividend |
| Mar 31, 2023 | $0.004 | OrdinaryDividend |
| Feb 28, 2023 | $0.003 | OrdinaryDividend |
| Jan 31, 2023 | $0.003 | OrdinaryDividend |
| Dec 30, 2022 | $0.003 | OrdinaryDividend |
| Dec 27, 2022 | $0.000 | OrdinaryDividend |
| Nov 30, 2022 | $0.003 | OrdinaryDividend |
| Oct 31, 2022 | $0.002 | OrdinaryDividend |
| Sep 30, 2022 | $0.002 | OrdinaryDividend |
| Aug 31, 2022 | $0.002 | OrdinaryDividend |
| Jul 29, 2022 | $0.001 | OrdinaryDividend |
| Jun 30, 2022 | $0.001 | OrdinaryDividend |
| May 31, 2022 | $0.000 | OrdinaryDividend |
| Apr 29, 2022 | $0.000 | OrdinaryDividend |
| Mar 31, 2022 | $0.000 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | OrdinaryDividend |
| Jan 31, 2022 | $0.000 | OrdinaryDividend |
| Dec 31, 2021 | $0.000 | OrdinaryDividend |
| Dec 08, 2021 | $0.000 | CapitalGainShortTerm |
| Nov 30, 2021 | $0.000 | OrdinaryDividend |
| Oct 29, 2021 | $0.000 | OrdinaryDividend |
| Sep 30, 2021 | $0.000 | OrdinaryDividend |
| Aug 31, 2021 | $0.000 | OrdinaryDividend |
| Jun 30, 2021 | $0.000 | OrdinaryDividend |
| May 28, 2021 | $0.000 | OrdinaryDividend |
| Apr 30, 2021 | $0.000 | OrdinaryDividend |
| Mar 31, 2021 | $0.000 | OrdinaryDividend |
| Feb 26, 2021 | $0.000 | OrdinaryDividend |
| Jan 29, 2021 | $0.000 | OrdinaryDividend |
| Dec 31, 2020 | $0.000 | OrdinaryDividend |
| Nov 30, 2020 | $0.000 | OrdinaryDividend |
| Oct 30, 2020 | $0.000 | OrdinaryDividend |
| Sep 30, 2020 | $0.000 | OrdinaryDividend |
| Aug 31, 2020 | $0.000 | OrdinaryDividend |
| Jul 31, 2020 | $0.000 | OrdinaryDividend |
| Jun 30, 2020 | $0.000 | OrdinaryDividend |
| May 29, 2020 | $0.000 | OrdinaryDividend |
| Apr 30, 2020 | $0.000 | OrdinaryDividend |
| Mar 31, 2020 | $0.000 | OrdinaryDividend |
| Feb 28, 2020 | $0.001 | OrdinaryDividend |
| Jan 31, 2020 | $0.001 | OrdinaryDividend |
| Dec 31, 2019 | $0.001 | OrdinaryDividend |
| Nov 29, 2019 | $0.001 | OrdinaryDividend |
| Oct 31, 2019 | $0.001 | OrdinaryDividend |
| Sep 30, 2019 | $0.002 | OrdinaryDividend |
| Aug 30, 2019 | $0.002 | OrdinaryDividend |
| Jul 31, 2019 | $0.002 | OrdinaryDividend |
PGPXX - Fund Manager Analysis
Managers
Jerome Schneider
Start Date
Tenure
Tenure Rank
Jan 01, 2011
11.42
11.4%
Managing Director, PIMCO. Mr. Schneider joined PIMCO in 2008. Prior to joining PIMCO, he served as Senior Managing Director with Bear Stearns, specializing in credit and mortgage-related funding transactions. Mr. Schneider joined Bear Stearns in 1995. He has 24 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.
Andrew Wittkop
Start Date
Tenure
Tenure Rank
Jul 31, 2021
0.83
0.8%
Mr. Wittkop is an executive vice president and portfolio manager in the Newport Beach office, focusing on Treasury bonds, agencies and interest rate derivatives. He previously worked on the real return desk. Prior to that, he was a portfolio analyst with the global portfolio management team and a product manager for absolute return strategies. He holds an MBA from Stern School of Business at New York University and an undergraduate degree from the University of California, Los Angeles.
William Martinez
Start Date
Tenure
Tenure Rank
Jul 31, 2021
0.83
0.8%
Senior Vice President, PIMCO. Mr. Martinez is a portfolio manager on the short-term desk primarily focused on funding and collateral trading strategies. Prior to joining PIMCO in 2013, he was an associate director at Barclays, focusing on short-term fixed income markets and global funding trading strategies. He has investment experience since 2003 and holds an undergraduate degree from Columbia University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 46.68 | 15.23 | 19.01 |
