# PIMCO Flexible Credit Income Fund (PFLEX): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pflex 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: 2017-02-22 The PIMCO Flexible Credit Income Fund functions as both a Closed-End Investment Fund and an Investment Trust. Its core mission is to generate appealing risk-adjusted returns and a consistent income stream. It accomplishes this by routinely deploying capital across a broad spectrum of global credit instruments, which typically include corporate bonds, mortgage-backed securities, consumer loans, emerging market debt, and municipal obligations. This entity was established in 1971 and maintains its principal office in New York, NY. ## Key Facts | Metric | Value | |---|---| | Price | $6.58 | | Expense Ratio | 3.96% | | Assets Under Management | — | | NAV | Not on file (no daily NAV for this closed-end fund) | | Holdings Count | — | | Distribution Yield (TTM) | 10.52% | | Annual Distribution (TTM) | $0.69 /share | | Distribution Frequency | Monthly | | 52-Week Range | $6.50 – $7.21 | | Beta | 0.28 | ## Latest Distribution - Amount: $0.0579 /share - Ex-date: 2026-10-30 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does PFLEX invest in? The PIMCO Flexible Credit Income Fund functions as both a Closed-End Investment Fund and an Investment Trust. Its core mission is to generate appealing risk-adjusted returns and a consistent income stream. It accomplishes this by routinely deploying capital across a broad spectrum of global credit instruments, which typically include corporate bonds, mortgage-backed securities, consumer loans, emerging market debt, and municipal obligations. This entity was established in 1971 and maintains its principal office in New York, NY. ### What is the expense ratio of PFLEX? PIMCO Flexible Credit Income Fund (PFLEX) charges an expense ratio of 3.96%. This is the annual fee deducted from fund assets to cover management and operations. ### What is PFLEX's dividend yield? PFLEX's trailing-twelve-month yield is 10.52%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PFLEX? Effective duration measures PFLEX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PFLEX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PFLEX? PFLEX'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 PFLEX? Yield to maturity (YTM) is the total return you'd earn from PFLEX if every bond in the portfolio is held to maturity at the current price. PFLEX'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 PFLEX pay a dividend? Yes, PIMCO Flexible Credit Income Fund (PFLEX) distributes dividends to shareholders. The trailing-twelve-month yield is 10.52%. Full dividend history is on this page. ### How often does PFLEX pay dividends? PIMCO Flexible Credit Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PFLEX's next ex-dividend date? The most recently announced ex-dividend date for PFLEX was 2026-10-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PFLEX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.96% 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 PFLEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PFLEX'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 PFLEX cost more than a fund like VOO? PFLEX is actively managed (current expense ratio 3.96%). 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 PFLEX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PFLEX? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as PFLEX (3.96%) 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/pflex - Distribution history: https://www.dividenddata.com/funds/pflex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pflex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pflex/expenses - Peer comparison: https://www.dividenddata.com/funds/pflex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.