# PIMCO Real Estate and Real Return Bond Alpha Fund;Institutional (PRRSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prrsx 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: Thematic · Inception: 2003-10-31 The fund strives to meet its financial goals primarily through investments in derivative instruments that track real estate performance. These real estate-linked positions are underpinned by a diverse portfolio of fixed income assets, notably including inflation-indexed securities. The fund's definition of "Fixed Income Instruments" is broad, covering bonds, debt securities, and similar financial tools issued by a wide array of public and private sector entities, operating both within and outside the United States. While up to 30% of the fund's total assets can be held in securities denomin... ## Key Facts | Metric | Value | |---|---| | Price | $28.98 | | Expense Ratio | — | | Assets Under Management | $482.3M | | NAV | $28.98 | | Holdings Count | — | | Distribution Yield (TTM) | 3.33% | | Annual Distribution (TTM) | $0.97 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $26.74 – $32.72 | | Beta | 1.11 | ## Latest Distribution - Amount: $0.5624 /share - Ex-date: 2026-09-10 - Pay date: 2026-09-10 ## Frequently Asked Questions ### What does PRRSX invest in? The fund strives to meet its financial goals primarily through investments in derivative instruments that track real estate performance. These real estate-linked positions are underpinned by a diverse portfolio of fixed income assets, notably including inflation-indexed securities. The fund's definition of "Fixed Income Instruments" is broad, covering bonds, debt securities, and similar financial tools issued by a wide array of public and private sector entities, operating both within and outside the United States. While up to 30% of the fund's total assets can be held in securities denominated in foreign currencies, it has greater latitude to invest in U.S. dollar-denominated instruments issued by international entities, potentially exceeding that 30% threshold for such holdings. ### What is the expense ratio of PRRSX? An expense ratio for PIMCO Real Estate and Real Return Bond Alpha Fund;Institutional (PRRSX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### What is PRRSX's dividend yield? PRRSX's trailing-twelve-month yield is 3.33%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PRRSX? Effective duration measures PRRSX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PRRSX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PRRSX? PRRSX'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 PRRSX? Yield to maturity (YTM) is the total return you'd earn from PRRSX if every bond in the portfolio is held to maturity at the current price. PRRSX'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 PRRSX pay a dividend? Yes, PIMCO Real Estate and Real Return Bond Alpha Fund;Institutional (PRRSX) distributes dividends to shareholders. The trailing-twelve-month yield is 3.33%. Full dividend history is on this page. ### How often does PRRSX pay dividends? PIMCO Real Estate and Real Return Bond Alpha Fund;Institutional pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PRRSX's next ex-dividend date? The most recently announced ex-dividend date for PRRSX was 2026-09-10. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### Why is PRRSX's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check monthly) report an expense ratio for PIMCO Real Estate and Real Return Bond Alpha Fund;Institutional (PRRSX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does PRRSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRRSX'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. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/prrsx - Distribution history: https://www.dividenddata.com/funds/prrsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prrsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prrsx/expenses - Peer comparison: https://www.dividenddata.com/funds/prrsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.