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PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)
mutual fund
PISNX
Payout Change
Pending
Price as of:
$8.31
+0.02
+0.24%
primary theme
International Large-Cap Blend Equity
share class
PISNX (Mutual Fund)
PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)
Payout Change
Pending
Price as of:
$8.31
+0.02
+0.24%
primary theme
International Large-Cap Blend Equity
share class
PISNX (Mutual Fund)
PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)
Payout Change
Pending
Price as of:
$8.31
+0.02
+0.24%
primary theme
International Large-Cap Blend Equity
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
$8.31
$2.54 B
14.32%
$1.18
1.37%
Vitals
YTD Return
13.5%
1 yr return
14.3%
3 Yr Avg Return
7.9%
5 Yr Avg Return
8.9%
Net Assets
$2.54 B
Holdings in Top 10
55.6%
52 WEEK LOW AND HIGH
$8.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 113.00%
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
$8.31
$2.54 B
14.32%
$1.18
1.37%
PISNX - Profile
Distributions
- YTD Total Return 13.5%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.58%
- Dividend Yield 14.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)
-
Fund Family NamePIMCOFUNDS
-
Inception DateApr 30, 2018
-
Shares OutstandingN/A
-
Share ClassI3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJing Yang
Fund Description
The Fund seeks to exceed the total return of its benchmark index by investing under normal circumstances in non-U.S. equity derivatives, backed by a portfolio of Fixed Income Instruments. In managing the Fund’s investments in Fixed Income Instruments, PIMCO utilizes an absolute return approach, which is designed to have flexibility with respect to duration, overall sector exposures, non-U.S. exposures and credit quality, both as a function of the strategy’s investment guidelines and lack of a fixed income index benchmark. The absolute return approach seeks positive investment returns regardless of market environment and does not apply to the equity index replicating component of the Fund. “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 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 in common stocks, options, futures, options on futures and swaps. The Fund’s benchmark index is the Morgan Stanley Capital International Europe, Australasia and Far East (“EAFE”) Index, hedged to U.S. dollars (the “Index”). The Fund normally uses equity derivatives instead of stocks to attempt to equal or exceed the daily performance of the Index. The Fund typically will seek to gain long exposure to its benchmark index in an amount, under normal circumstances, approximately equal to the Fund’s net assets. The value of equity derivatives should closely track changes in the value of underlying securities or indices. However, derivatives may be purchased with a small fraction of the assets that would be needed to purchase the equity securities directly, so that the remainder of the assets may be invested in Fixed Income Instruments. PIMCO actively manages the Fixed Income Instruments held by the Fund with a view toward enhancing the Fund’s total return, subject to an overall portfolio duration which normally varies from (negative) 3 years to positive 8 years based on PIMCO’s 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 Index is an unmanaged index of issuers in countries of Europe, Australia and the Far East represented in U.S. dollars on a hedged basis. The Fund seeks to remain invested in equity derivatives and/or stocks even when the Index is declining. The Fund may invest in non-U.S. equities or non-U.S. equity derivatives that do not comprise the Index.The Fund does not normally invest directly in stocks. However, when equity derivatives appear to be overvalued, the Fund may invest some or all of its assets in stocks.The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Fund’s prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. Assets not invested in equity securities or derivatives may be invested in Fixed Income Instruments. The Fund may invest up to 20% of its total assets in high yield securities (“junk bonds”) rated B or higher by Moody’s Investors Service, Inc. (“Moody’s”), or equivalently rated by Standard & Poor’s Ratings Services (“S&P”) or Fitch Ratings, Inc. (“Fitch”), or, if unrated, determined by PIMCO to be of comparable quality (except that within such 20% limitation, the Fund may invest in mortgage-related securities rated below B). 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. With respect to the Fund’s fixed income investments, the Fund may invest, without limitation, in securities denominated in foreign currencies and in U.S. dollar-denominated securities of foreign issuers. With respect to the Fund’s fixed income investments, the Fund may invest up to 25% 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 with respect to the Fund’s fixed income investments, the Fund may invest in such instruments without limitation subject to any applicable legal or regulatory limitation). With respect to the Fund’s fixed income investments, the Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 35% of its total assets. With respect to the Fund’s fixed income investments, the Fund will normally limit its exposure (from non-U.S. dollar-denominated securities or currencies) to each non-U.S. currency to 10% of its total assets. With respect to the Fund’s fixed income investments, the Fund will normally limit its aggregate U.S. dollar exposure from transactions or instruments that reference the relative return of a non-U.S. currency or currencies as compared to the U.S. dollar to 20% of its total assets. The Fund may also invest up to 10% of its total assets in preferred securities.
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PISNX - Performance
Return Ranking - Trailing
| Period | PISNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.5% | -12.5% | 24.0% | 2.53% |
| 1 Yr | 14.3% | -11.8% | 28.6% | 3.01% |
| 3 Yr | 7.9%* | -15.0% | 44.7% | 2.11% |
| 5 Yr | 8.9%* | -34.2% | 73.2% | 3.06% |
| 10 Yr | N/A* | 0.9% | 31.8% | 0.54% |
* Annualized
Return Ranking - Calendar
| Period | PISNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.8% | -1.4% | 22.0% | 87.42% |
| 2022 | -17.4% | -43.6% | 71.3% | 39.90% |
| 2021 | 10.1% | -28.5% | 18.9% | 9.77% |
| 2020 | 2.2% | -90.1% | 992.1% | 90.62% |
| 2019 | 12.3% | -1.9% | 38.8% | 94.32% |
Total Return Ranking - Trailing
| Period | PISNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.5% | -12.5% | 24.0% | 2.53% |
| 1 Yr | 14.3% | -11.8% | 28.6% | 3.01% |
| 3 Yr | 7.9%* | -15.0% | 44.7% | 2.11% |
| 5 Yr | 8.9%* | -34.2% | 73.2% | 3.06% |
| 10 Yr | N/A* | 0.9% | 31.8% | 0.55% |
* Annualized
Total Return Ranking - Calendar
| Period | PISNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.7% | 3.2% | 23.8% | 3.93% |
| 2022 | -9.1% | -43.6% | 144.8% | 5.93% |
| 2021 | 18.3% | -22.6% | 56.0% | 2.28% |
| 2020 | 4.3% | -89.7% | 1010.8% | 92.96% |
| 2019 | 26.1% | 4.3% | 38.8% | 21.31% |
NAV & Total Return History
PISNX - Holdings
Concentration Analysis
| PISNX | Category Low | Category High | PISNX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.54 B | 3.3 M | 443 B | 28.75% |
| Number of Holdings | 1135 | 1 | 10898 | 7.81% |
| Net Assets in Top 10 | 1.64 B | 1.01 M | 47.5 B | 18.13% |
| Weighting of Top 10 | 55.59% | 4.6% | 147.7% | 5.82% |
Top 10 Holdings
- FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE 10.74%
- TORONTO DOMINION BANK REPO DUMMY ASSET 7.02%
- FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE 6.96%
- J P MORGAN TERM REPO 6.11%
- FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 5.39%
- PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND 4.50%
- PIMCO PRV SHORT TERM FLT III MUTUAL FUND 3.95%
- FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE 3.88%
- NDDUEAFE TRS EQUITY FEDL01+14.5 *BULLET* 3.70%
- FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 3.35%
Asset Allocation
| Weighting | Return Low | Return High | PISNX % Rank | |
|---|---|---|---|---|
| Bonds | 89.70% | 0.00% | 95.29% | 1.56% |
| Other | 36.70% | -2.12% | 47.54% | 1.72% |
| Cash | 8.45% | 0.00% | 44.84% | 6.41% |
| Stocks | 3.98% | 0.00% | 102.32% | 99.84% |
| Convertible Bonds | 3.50% | 0.00% | 4.18% | 1.57% |
| Preferred Stocks | 0.00% | -0.16% | 6.89% | 96.72% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PISNX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 13.68% | N/A |
| Technology | 0.00% | 0.00% | 36.32% | N/A |
| Real Estate | 0.00% | 0.00% | 14.59% | N/A |
| Industrials | 0.00% | 5.17% | 99.49% | N/A |
| Healthcare | 0.00% | 0.00% | 20.35% | N/A |
| Financial Services | 0.00% | 0.00% | 47.75% | N/A |
| Energy | 0.00% | 0.00% | 16.89% | N/A |
| Communication Services | 0.00% | 0.00% | 21.69% | N/A |
| Consumer Defense | 0.00% | 0.00% | 32.29% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 36.36% | N/A |
| Basic Materials | 0.00% | 0.00% | 23.86% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PISNX % Rank | |
|---|---|---|---|---|
| US | 3.98% | 0.00% | 102.01% | 60.63% |
| Non US | 0.00% | 0.00% | 99.42% | 99.38% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PISNX % Rank | |
|---|---|---|---|---|
| Government | 19.95% | 0.00% | 44.25% | 2.92% |
| Securitized | 12.23% | 0.00% | 47.51% | 1.14% |
| Cash & Equivalents | 8.45% | -1.87% | 100.00% | 7.50% |
| Derivative | 5.97% | -2.12% | 47.54% | 1.88% |
| Corporate | 4.19% | 0.00% | 100.00% | 11.20% |
| Municipal | 0.17% | 0.00% | 0.17% | 0.81% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PISNX % Rank | |
|---|---|---|---|---|
| US | 81.18% | 0.00% | 87.90% | 1.56% |
| Non US | 8.52% | 0.00% | 8.52% | 0.78% |
PISNX - Expenses
Operational Fees
| PISNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.37% | 0.01% | 19.62% | 26.76% |
| Management Fee | 0.95% | 0.00% | 1.65% | 97.17% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.50% | 0.01% | 1.00% | 99.03% |
Sales Fees
| PISNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PISNX 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.
| PISNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 113.00% | 2.00% | 247.00% | 92.08% |
PISNX - Distributions
Dividend Yield Analysis
| PISNX | Category Low | Category High | PISNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 14.32% | 0.00% | 17.49% | 0.63% |
Dividend Distribution Analysis
| PISNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
| PISNX | Category Low | Category High | PISNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.58% | -0.93% | 6.38% | 49.84% |
Capital Gain Distribution Analysis
| PISNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 12, 2024 | $0.295 | OrdinaryDividend |
| Jun 13, 2024 | $0.310 | OrdinaryDividend |
| Mar 14, 2024 | $0.181 | OrdinaryDividend |
| Dec 26, 2023 | $0.288 | OrdinaryDividend |
| Sep 07, 2023 | $0.205 | OrdinaryDividend |
| Jun 08, 2023 | $0.213 | OrdinaryDividend |
| Mar 09, 2023 | $0.053 | OrdinaryDividend |
| Dec 27, 2022 | $0.130 | OrdinaryDividend |
| Dec 07, 2022 | $0.337 | CapitalGainLongTerm |
| Sep 08, 2022 | $0.140 | OrdinaryDividend |
| Jun 09, 2022 | $0.139 | OrdinaryDividend |
| Dec 28, 2021 | $0.062 | OrdinaryDividend |
| Sep 09, 2021 | $0.384 | OrdinaryDividend |
| Jun 10, 2021 | $0.203 | OrdinaryDividend |
| Mar 12, 2020 | $0.113 | OrdinaryDividend |
| Dec 26, 2019 | $0.124 | OrdinaryDividend |
| Dec 11, 2019 | $0.101 | CapitalGainShortTerm |
| Dec 11, 2019 | $0.100 | CapitalGainLongTerm |
| Sep 12, 2019 | $0.254 | OrdinaryDividend |
| Jun 13, 2019 | $0.129 | OrdinaryDividend |
| Mar 14, 2019 | $0.202 | OrdinaryDividend |
| Dec 12, 2018 | $0.455 | CapitalGainLongTerm |
| Sep 13, 2018 | $0.091 | OrdinaryDividend |
| Jun 14, 2018 | $0.028 | OrdinaryDividend |
PISNX - Fund Manager Analysis
Managers
Jing Yang
Start Date
Tenure
Tenure Rank
Jul 20, 2018
3.87
3.9%
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
3.87
3.9%
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.
Marc Seidner
Start Date
Tenure
Tenure Rank
Feb 04, 2021
1.32
1.3%
Mr. Seidner is CIO Non-traditional Strategies, a managing director and head of portfolio management in the New York office. He is also a generalist portfolio manager and a member of the Investment Committee. He rejoined PIMCO in November 2014 after serving as head of fixed income at GMO LLC. Prior to joining PIMCO in 2009, he was a managing director and domestic fixed income portfolio manager at Harvard Management Company. Previously, he was director of active core strategies at Standish Mellon Asset Management. He holds an undergraduate degree in economics from Boston College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.32 | 3.25 |
