PIMCO Commodity and Real Ret Bd Alp Inst

Frequently Asked Questions About PCRIX

What does PCRIX invest in?

The fund aims to achieve the highest possible real (inflation-adjusted) return, always adhering to sound investment principles. Its main strategy involves investing, under normal market conditions, in derivative instruments tied to commodities. These derivatives are underpinned by a diversified portfolio that includes inflation-indexed securities and various other fixed-income assets. Such fixed-income holdings comprise a wide range of debt instruments, like bonds and other securities, issued by public or private sector entities in both the U.S. and other countries. The fund also has the option to deploy capital into commodity index-linked notes, which can be structured with or without leverage.

What is the expense ratio of PCRIX?

PIMCO Commodity and Real Ret Bd Alp Inst (PCRIX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

What is PCRIX's dividend yield?

PCRIX's trailing-twelve-month yield is 19.52%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PCRIX?

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

What is the credit quality of PCRIX?

PCRIX'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 PCRIX?

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