- What does PCARX invest in?
- The fund is primarily dedicated to deploying at least 80% of its capital into a diverse array of fixed-income instruments spanning various maturities. This exposure can also be achieved through derivative instruments like options, futures contracts, or swap agreements. The portfolio has the flexibility to encompass both higher-quality, investment-grade debt and more speculative, high-yield securities (often referred to as "junk bonds"). However, its holdings in securities rated below B- by major credit agencies (Moody's, S&P, or Fitch) or deemed of comparable quality by PIMCO, are restricted to a maximum of 50% of its total assets.
- What is the expense ratio of PCARX?
- PIMCO Credit Opportunities Bond Fund Class INSTL (PCARX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PCARX's dividend yield?
- PCARX's trailing-twelve-month yield is 4.65%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PCARX?
- Effective duration measures PCARX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PCARX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PCARX?
- PCARX'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 PCARX?
- Yield to maturity (YTM) is the total return you'd earn from PCARX if every bond in the portfolio is held to maturity at the current price. PCARX'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.
