PIMCO Access Income Fund

Frequently Asked Questions About PAXS

What does PAXS invest in?

The PIMCO Access Income Fund (PAXS) is a closed-end mutual fund specializing in fixed-income investments, actively managed by Pacific Investment Management Company LLC. This fund focuses on global fixed income markets, building a portfolio primarily from a diverse range of debt instruments. These include corporate bonds, mortgage-backed and other asset-backed securities, government and sovereign obligations, as well as taxable municipal bonds. The fund also allocates capital to various floating-rate, income-generating securities across different maturities. To identify these investments, PIMCO employs a robust security selection methodology that integrates both bottom-up and top-down fundamental analysis. The PIMCO Access Income Fund is legally established in the United States.

What is the expense ratio of PAXS?

An expense ratio for PIMCO Access Income Fund (PAXS) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is PAXS's dividend yield?

PAXS's trailing-twelve-month yield is 12.59%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PAXS?

Effective duration measures PAXS's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PAXS's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PAXS?

PAXS's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PAXS?

Yield to maturity (YTM) is the total return you'd earn from PAXS if every bond in the portfolio is held to maturity at the current price. PAXS's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.