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PIMCO Total Return Fund II
mutual fund
PMBIX
Payout Change
Pending
Price as of:
$8.15
+0.0
+0.0%
primary theme
U.S. Intermediate-Term Bond Duration
share class
PMBIX (Mutual Fund)
PIMCO Total Return Fund II
Payout Change
Pending
Price as of:
$8.15
+0.0
+0.0%
primary theme
U.S. Intermediate-Term Bond Duration
share class
PMBIX (Mutual Fund)
PIMCO Total Return Fund II
Payout Change
Pending
Price as of:
$8.15
+0.0
+0.0%
primary theme
U.S. Intermediate-Term Bond Duration
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
2.3%
1 yr return
2.6%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
-0.1%
Net Assets
$621 M
Holdings in Top 10
52.5%
52 WEEK LOW AND HIGH
$8.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 293.00%
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
PMBIX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return -0.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.26%
- Dividend Yield 3.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO Total Return Fund II
-
Fund Family NamePIMCOFUNDS
-
Inception DateNov 23, 1994
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMark Kiesel
Fund Description
The Fund seeks to achieve its investment objective by investing under normal circumstances at least 65% of its total assets in a diversified 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. public- or private-sector entities. The average portfolio duration of this Fund normally varies within two years (plus or minus) of the portfolio duration of the securities comprising the Bloomberg U.S. Aggregate Index, as calculated by Pacific Investment Management Company LLC (“PIMCO”), which as of May 31, 2024 was 5.98 years. 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 invest only in investment grade U.S. dollar denominated securities of U.S. issuers that are rated at least Baa 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.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. 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 “total return” sought by the Fund consists of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates or improving credit fundamentals for a particular sector or security. The Fund may also invest up to 10% of its total assets in preferred securities.
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PMBIX - Performance
Return Ranking - Trailing
| Period | PMBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -7.8% | 11.6% | 23.03% |
| 1 Yr | 2.6% | -7.5% | 11.7% | 25.21% |
| 3 Yr | -2.3%* | -11.0% | 27.4% | 35.93% |
| 5 Yr | -0.1%* | -7.6% | 58.4% | 45.97% |
| 10 Yr | 1.6%* | -3.0% | 73.8% | 35.32% |
* Annualized
Return Ranking - Calendar
| Period | PMBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.7% | -16.2% | 8.1% | 21.31% |
| 2022 | -16.1% | -34.7% | 131.9% | 53.40% |
| 2021 | -2.9% | -11.6% | 4.4% | 33.70% |
| 2020 | 1.0% | -9.9% | 946.1% | 94.02% |
| 2019 | 4.0% | -1.7% | 16.9% | 84.87% |
Total Return Ranking - Trailing
| Period | PMBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -7.8% | 11.6% | 23.03% |
| 1 Yr | 2.6% | -7.5% | 11.7% | 25.21% |
| 3 Yr | -2.3%* | -11.0% | 27.4% | 35.93% |
| 5 Yr | -0.1%* | -7.6% | 58.4% | 45.97% |
| 10 Yr | 1.6%* | -3.0% | 73.8% | 35.32% |
* Annualized
Total Return Ranking - Calendar
| Period | PMBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.8% | -11.3% | 11.9% | 24.12% |
| 2022 | -14.0% | -32.2% | 131.9% | 62.23% |
| 2021 | -1.4% | -9.4% | 9.2% | 64.74% |
| 2020 | 8.7% | -1.9% | 1009.0% | 41.89% |
| 2019 | 8.5% | 1.1% | 21668.0% | 60.38% |
NAV & Total Return History
PMBIX - Holdings
Concentration Analysis
| PMBIX | Category Low | Category High | PMBIX % Rank | |
|---|---|---|---|---|
| Net Assets | 621 M | 2.9 M | 314 B | 63.73% |
| Number of Holdings | 605 | 1 | 17880 | 54.62% |
| Net Assets in Top 10 | 282 M | 1.62 M | 35.1 B | 56.70% |
| Weighting of Top 10 | 52.53% | 4.7% | 3984.6% | 9.59% |
Top 10 Holdings
- FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 8.18%
- US TREASURY N/B 02/34 4 8.06%
- FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 5.90%
- FED HM LN PC POOL SD8225 FR 07/52 FIXED 3 5.47%
- FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 5.11%
- US TREASURY N/B 08/42 3.375 4.48%
- FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE 4.15%
- FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 4.04%
- FED HM LN PC POOL SD8329 FR 06/53 FIXED 5 3.65%
- US TREASURY N/B 08/43 4.375 3.48%
Asset Allocation
| Weighting | Return Low | Return High | PMBIX % Rank | |
|---|---|---|---|---|
| Bonds | 152.90% | 0.00% | 9231.88% | 2.07% |
| Cash | 2.44% | -54.51% | 237.69% | 55.66% |
| Preferred Stocks | 0.43% | 0.00% | 72.34% | 10.90% |
| Convertible Bonds | 0.23% | 0.00% | 7.93% | 86.40% |
| Stocks | 0.00% | 0.00% | 99.98% | 53.99% |
| Other | -16.66% | -27.25% | 1695.17% | 99.69% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PMBIX % Rank | |
|---|---|---|---|---|
| Securitized | 35.50% | 0.00% | 98.40% | 31.80% |
| Corporate | 24.04% | 0.00% | 100.00% | 72.70% |
| Government | 15.86% | 0.00% | 86.23% | 73.43% |
| Cash & Equivalents | 2.44% | 0.00% | 237.69% | 51.71% |
| Municipal | 0.67% | 0.00% | 100.00% | 35.77% |
| Derivative | 0.29% | -6.56% | 43.84% | 12.67% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PMBIX % Rank | |
|---|---|---|---|---|
| US | 152.90% | 0.00% | 9042.62% | 1.77% |
| Non US | 0.00% | 0.00% | 189.26% | 56.91% |
PMBIX - Expenses
Operational Fees
| PMBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.57% | 0.01% | 39.64% | 62.59% |
| Management Fee | 0.50% | 0.00% | 1.76% | 89.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.25% | 0.01% | 0.50% | 90.45% |
Sales Fees
| PMBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PMBIX 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.
| PMBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 293.00% | 2.00% | 493.39% | 83.50% |
PMBIX - Distributions
Dividend Yield Analysis
| PMBIX | Category Low | Category High | PMBIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.82% | 0.00% | 10.11% | 55.34% |
Dividend Distribution Analysis
| PMBIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| PMBIX | Category Low | Category High | PMBIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.26% | -1.28% | 4.79% | 77.55% |
Capital Gain Distribution Analysis
| PMBIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.026 | OrdinaryDividend |
| Oct 31, 2024 | $0.025 | OrdinaryDividend |
| Sep 30, 2024 | $0.023 | OrdinaryDividend |
| Aug 30, 2024 | $0.025 | OrdinaryDividend |
| Jul 31, 2024 | $0.026 | OrdinaryDividend |
| Apr 30, 2024 | $0.028 | OrdinaryDividend |
| Mar 28, 2024 | $0.028 | OrdinaryDividend |
| Feb 29, 2024 | $0.024 | OrdinaryDividend |
| Jan 31, 2024 | $0.024 | OrdinaryDividend |
| Dec 29, 2023 | $0.025 | OrdinaryDividend |
| Nov 30, 2023 | $0.025 | OrdinaryDividend |
| Oct 31, 2023 | $0.025 | OrdinaryDividend |
| Sep 29, 2023 | $0.026 | OrdinaryDividend |
| Aug 31, 2023 | $0.025 | OrdinaryDividend |
| Jul 31, 2023 | $0.023 | OrdinaryDividend |
| Jun 30, 2023 | $0.026 | OrdinaryDividend |
| May 31, 2023 | $0.025 | OrdinaryDividend |
| Apr 28, 2023 | $0.022 | OrdinaryDividend |
| Mar 31, 2023 | $0.026 | OrdinaryDividend |
| Feb 28, 2023 | $0.020 | OrdinaryDividend |
| Jan 31, 2023 | $0.019 | OrdinaryDividend |
| Dec 30, 2022 | $0.027 | OrdinaryDividend |
| Dec 27, 2022 | $0.008 | OrdinaryDividend |
| Nov 30, 2022 | $0.019 | OrdinaryDividend |
| Oct 31, 2022 | $0.017 | OrdinaryDividend |
| Sep 30, 2022 | $0.019 | OrdinaryDividend |
| Aug 31, 2022 | $0.017 | OrdinaryDividend |
| Jul 29, 2022 | $0.016 | OrdinaryDividend |
| Jun 30, 2022 | $0.015 | OrdinaryDividend |
| May 31, 2022 | $0.014 | OrdinaryDividend |
| Apr 29, 2022 | $0.014 | OrdinaryDividend |
| Mar 31, 2022 | $0.000 | ReturnOfCapital |
| Mar 31, 2022 | $0.012 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | ReturnOfCapital |
| Feb 28, 2022 | $0.011 | OrdinaryDividend |
| Jan 31, 2022 | $0.000 | ReturnOfCapital |
| Jan 31, 2022 | $0.009 | OrdinaryDividend |
| Dec 31, 2021 | $0.017 | OrdinaryDividend |
| Dec 28, 2021 | $0.006 | OrdinaryDividend |
| Nov 30, 2021 | $0.011 | OrdinaryDividend |
| Oct 29, 2021 | $0.010 | OrdinaryDividend |
| Sep 30, 2021 | $0.010 | OrdinaryDividend |
| Aug 31, 2021 | $0.010 | OrdinaryDividend |
| Jul 30, 2021 | $0.010 | OrdinaryDividend |
| Jun 30, 2021 | $0.011 | OrdinaryDividend |
| May 28, 2021 | $0.010 | OrdinaryDividend |
| Apr 30, 2021 | $0.012 | OrdinaryDividend |
| Mar 31, 2021 | $0.002 | ReturnOfCapital |
| Mar 31, 2021 | $0.009 | OrdinaryDividend |
| Feb 26, 2021 | $0.002 | ReturnOfCapital |
| Feb 26, 2021 | $0.009 | OrdinaryDividend |
| Jan 29, 2021 | $0.002 | ReturnOfCapital |
| Jan 29, 2021 | $0.009 | OrdinaryDividend |
| Dec 31, 2020 | $0.014 | OrdinaryDividend |
| Dec 28, 2020 | $0.011 | OrdinaryDividend |
| Dec 09, 2020 | $0.316 | CapitalGainShortTerm |
| Dec 09, 2020 | $0.158 | CapitalGainLongTerm |
| Nov 30, 2020 | $0.016 | OrdinaryDividend |
| Oct 30, 2020 | $0.017 | OrdinaryDividend |
| Sep 30, 2020 | $0.017 | OrdinaryDividend |
| Aug 31, 2020 | $0.017 | OrdinaryDividend |
| Jul 31, 2020 | $0.018 | OrdinaryDividend |
| Jun 30, 2020 | $0.021 | OrdinaryDividend |
| May 29, 2020 | $0.018 | OrdinaryDividend |
| Apr 30, 2020 | $0.020 | OrdinaryDividend |
| Mar 31, 2020 | $0.023 | OrdinaryDividend |
| Feb 28, 2020 | $0.020 | OrdinaryDividend |
| Jan 31, 2020 | $0.022 | OrdinaryDividend |
| Dec 31, 2019 | $0.028 | OrdinaryDividend |
| Dec 26, 2019 | $0.016 | Extra |
| Dec 11, 2019 | $0.100 | CapitalGainShortTerm |
| Nov 29, 2019 | $0.024 | OrdinaryDividend |
| Oct 31, 2019 | $0.022 | OrdinaryDividend |
| Sep 30, 2019 | $0.022 | OrdinaryDividend |
| Aug 30, 2019 | $0.024 | OrdinaryDividend |
| Jul 31, 2019 | $0.025 | OrdinaryDividend |
| Dec 26, 2018 | $0.021 | ExtraDividend |
| Dec 13, 2017 | $0.008 | CapitalGainShortTerm |
| Dec 28, 2016 | $0.093 | ExtraDividend |
| Dec 14, 2016 | $0.023 | CapitalGainShortTerm |
| Dec 16, 2015 | $0.114 | CapitalGainShortTerm |
| Dec 16, 2015 | $0.283 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.072 | ExtraDividend |
| Dec 10, 2014 | $0.180 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.018 | CapitalGainShortTerm |
| Dec 11, 2013 | $0.032 | CapitalGainLongTerm |
| Dec 12, 2012 | $0.169 | CapitalGainShortTerm |
| Dec 12, 2012 | $0.279 | CapitalGainLongTerm |
| Dec 08, 2010 | $0.403 | CapitalGainShortTerm |
| Dec 08, 2010 | $0.227 | CapitalGainLongTerm |
| Dec 09, 2009 | $0.054 | CapitalGainShortTerm |
| Dec 10, 2008 | $0.171 | CapitalGainShortTerm |
| Dec 10, 2008 | $0.215 | CapitalGainLongTerm |
| Dec 12, 2007 | $0.010 | CapitalGainShortTerm |
| Dec 13, 2006 | $0.011 | CapitalGainShortTerm |
| Dec 13, 2004 | $0.155 | CapitalGainShortTerm |
| Dec 13, 2004 | $0.200 | CapitalGainLongTerm |
| Dec 10, 2003 | $0.020 | CapitalGainShortTerm |
| Dec 10, 2003 | $0.117 | CapitalGainLongTerm |
| Dec 10, 2002 | $0.264 | CapitalGainShortTerm |
| Dec 10, 2002 | $0.175 | CapitalGainLongTerm |
| Dec 12, 2001 | $0.282 | CapitalGainShortTerm |
| Dec 12, 2001 | $0.102 | CapitalGainLongTerm |
| Dec 31, 1997 | $0.070 | CapitalGainShortTerm |
| Dec 31, 1997 | $0.045 | CapitalGainLongTerm |
PMBIX - Fund Manager Analysis
Managers
Mark Kiesel
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Mr. Kiesel is CIO Global Credit and a managing director in the Newport Beach office. He is a member of the Investment Committee, a generalist portfolio manager and the global head of corporate bond portfolio management, with oversight for the firm’s investment grade, high yield, bank loan, municipal and insurance business as well as credit research. Morningstar named him Fixed-Income Fund Manager of the Year in 2012 and a finalist in 2010. He has written extensively on the topic of global credit markets, founded the firm’s Global Credit Perspectives publication and regularly appears in the fin
Scott Mather
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
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.
Mohit Mittal
Start Date
Tenure
Tenure Rank
Dec 11, 2019
2.47
2.5%
Mr. Mittal is a managing director and portfolio manager in the Newport Beach office, and a senior member of the liability driven investment and credit portfolio management teams. He manages multi-sector portfolios with added specialization in long credit, investment grade credit and unconstrained bond portfolios. He joined PIMCO in 2007 and holds an MBA from the Wharton School of the University of Pennsylvania and an undergraduate degree in computer science from Indian Institute of Technology (IIT) in Delhi, India.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.77 | 1.16 |
