PIMCO RAE PLUS Fund Class A

Frequently Asked Questions About PIXAX

What does PIXAX invest in?

The fund aims to outperform the Russell 1000® Value Index in terms of total return under normal market circumstances. It achieves this by primarily investing in a portfolio of U.S. company equities, further enhanced by an absolute return bond strategy. Up to 25% of its total assets may be directed towards securities or instruments economically linked to emerging market countries. To manage risk, the fund typically restricts its foreign currency exposure, arising from non-U.S. dollar-denominated assets or currencies, to a maximum of 35% of its total holdings.

What is the expense ratio of PIXAX?

PIMCO RAE PLUS Fund Class A (PIXAX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is PIXAX's dividend yield?

PIXAX's trailing-twelve-month yield is 9.78%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PIXAX?

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

What is the credit quality of PIXAX?

PIXAX'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 PIXAX?

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