# PIMCO Short Asset Investment Fund Class A (PAIAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/paiax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PIMCO · Asset class: Equity - Strategy: Thematic · Inception: 2012-06-01 This fund typically allocates a minimum of 65% of its total capital to a broad selection of fixed-income assets. These assets possess diverse maturation periods and may be implemented through direct holdings, forward contracts, or complex financial derivatives like options, futures contracts, and swap agreements. The term 'Fixed Income Instruments' specifically covers bonds, various forms of debt, and similar financial obligations issued by both public and private entities, operating within the United States and abroad. ## Key Facts | Metric | Value | |---|---| | Price | $10.02 | | Expense Ratio | 0.71% | | Assets Under Management | $2.16B | | NAV | $10.02 | | Holdings Count | — | | Distribution Yield (TTM) | 3.52% | | Annual Distribution (TTM) | $0.35 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.98 – $10.03 | | Beta | -0.01 | ## Latest Distribution - Amount: $0.0294 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does PAIAX invest in? This fund typically allocates a minimum of 65% of its total capital to a broad selection of fixed-income assets. These assets possess diverse maturation periods and may be implemented through direct holdings, forward contracts, or complex financial derivatives like options, futures contracts, and swap agreements. The term 'Fixed Income Instruments' specifically covers bonds, various forms of debt, and similar financial obligations issued by both public and private entities, operating within the United States and abroad. ### What is the expense ratio of PAIAX? PIMCO Short Asset Investment Fund Class A (PAIAX) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PAIAX? PIMCO Short Asset Investment Fund Class A (PAIAX) manages $2.16B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PAIAX actively managed or an index fund? PAIAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was PAIAX launched? PIMCO Short Asset Investment Fund Class A (PAIAX) launched in June 2012 and is managed by PIMCO. ### How has PAIAX performed? PAIAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PAIAX pay a dividend? PIMCO Short Asset Investment Fund Class A (PAIAX) currently distributes little or no income. Trailing-twelve-month yield is 3.52%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PAIAX pay dividends? PIMCO Short Asset Investment Fund Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PAIAX's dividend yield? PAIAX's trailing-twelve-month yield is 3.52%, calculated from the sum of dividends over the past year divided by the current price. ### When is PAIAX's next ex-dividend date? The most recently announced ex-dividend date for PAIAX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PAIAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PAIAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PAIAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PAIAX cost more than a fund like VOO? PAIAX's strategy (current expense ratio 0.71%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PAIAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to PAIAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PAIAX (0.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/paiax - Distribution history: https://www.dividenddata.com/funds/paiax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/paiax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/paiax/expenses - Peer comparison: https://www.dividenddata.com/funds/paiax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.