# PIMCO Commodity and Real Ret Bd Alp Inst (PCRIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pcrix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PIMCO · Asset class: Bond - Strategy: Actively Managed · Inception: 2002-07-01 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 op... ## Key Facts | Metric | Value | |---|---| | Price | $16.45 | | Expense Ratio | 1.00% | | AUM (All Share Classes) | $4.43B | | NAV | $16.45 | | Holdings Count | — | | Distribution Yield (TTM) | 19.52% | | Annual Distribution (TTM) | $3.21 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $14.39 – $19.09 | | Beta | 0.95 | ## Latest Distribution - Amount: $1.2963 /share - Ex-date: 2026-09-10 - Pay date: 2026-09-10 ## Frequently Asked Questions ### 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. ### Does PCRIX pay a dividend? Yes, PIMCO Commodity and Real Ret Bd Alp Inst (PCRIX) distributes dividends to shareholders. The trailing-twelve-month yield is 19.52%. Full dividend history is on this page. ### How often does PCRIX pay dividends? PIMCO Commodity and Real Ret Bd Alp Inst pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PCRIX's next ex-dividend date? The most recently announced ex-dividend date for PCRIX was 2026-09-10. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will PCRIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% 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 PCRIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PCRIX'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 PCRIX cost more than a fund like VOO? PCRIX is actively managed (current expense ratio 1.00%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PCRIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PCRIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PCRIX (1.00%) 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/pcrix - Distribution history: https://www.dividenddata.com/funds/pcrix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pcrix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pcrix/expenses - Peer comparison: https://www.dividenddata.com/funds/pcrix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.