PIMCO RAE US Small Fund Class INSTL

Frequently Asked Questions About PMJIX

What does PMJIX invest in?

The fund endeavors to achieve its investment objective by, under ordinary conditions, committing at least 80% of its holdings to securities of smaller American companies. Specifically, it primarily invests in a portfolio comprising stocks of U.S. small-cap firms. These equities are handpicked by Research Affiliates, LLC, the fund's sub-adviser, from an extensive selection of enterprises that meet predefined liquidity and capacity standards.

What is the expense ratio of PMJIX?

PIMCO RAE US Small Fund Class INSTL (PMJIX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PMJIX?

PIMCO RAE US Small Fund Class INSTL (PMJIX) manages $3.69B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PMJIX actively managed or an index fund?

PMJIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PMJIX's is 0.50%) in exchange for the discretion to over- or under-weight positions.

When was PMJIX launched?

PIMCO RAE US Small Fund Class INSTL (PMJIX) launched in June 2015 and is managed by PIMCO.

How has PMJIX performed?

PMJIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.