PIMCO Income Strategy Fund

Frequently Asked Questions About PFL

What does PFL invest in?

The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years. It employs fundamental analysis with top-down approach to create its portfolio. The fund was formerly known as PIMCO Floating Rate Income Fund. PIMCO Income Strategy Fund was formed on June 19, 2003 and is domiciled in the United States.

What is the expense ratio of PFL?

PIMCO Income Strategy Fund (PFL) charges an expense ratio of 1.29%. This is the annual fee deducted from fund assets to cover management and operations.

What is PFL's dividend yield?

PFL's trailing-twelve-month yield is 14.49%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PFL?

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

What is the credit quality of PFL?

PFL'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 PFL?

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