PIMCO Commodity Real Ret Strat A

Frequently Asked Questions About PCRAX

What does PCRAX invest in?

The fund seeks to achieve its investment objective by investing under normal circumstances in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other Fixed Income Instruments. "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. It may also invest in leveraged or unleveraged commodity index-linked notes.

What is the expense ratio of PCRAX?

PIMCO Commodity Real Ret Strat A (PCRAX) charges an expense ratio of 1.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is PCRAX's dividend yield?

PCRAX's trailing-twelve-month yield is 20.75%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PCRAX?

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

What is the credit quality of PCRAX?

PCRAX'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 PCRAX?

Yield to maturity (YTM) is the total return you'd earn from PCRAX if every bond in the portfolio is held to maturity at the current price. PCRAX'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.