PIMCO Income Fund

Frequently Asked Questions About PIMIX

What does PIMIX invest in?

The fund invests at least 65% of its total assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest up to 50% of its total assets in high yield securities rated below investment grade by Moody's, S&P or Fitch, or if unrated, as determined by PIMCO.

What is the expense ratio of PIMIX?

PIMCO Income Fund (PIMIX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

What is PIMIX's dividend yield?

PIMIX's trailing-twelve-month yield is 5.77%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PIMIX?

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

What is the credit quality of PIMIX?

PIMIX'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 PIMIX?

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