# PIMCO Stocks PLUS Bond Alpha A (PSPAX): Mutual Fund Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/pspax 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: Passive Index · Inception: 1993-05-13

The fund's primary goal is to achieve returns greater than those of the S&P 500 Index. It typically pursues this by strategically investing in financial instruments (derivatives) tied to the S&P 500 Index, which are then supported by a robust collection of income-generating assets. This backing portfolio consists of various debt instruments, such as bonds and other securities, issued by both governmental and private organizations within the U.S. and internationally. The fund has the flexibility to allocate up to 30% of its total capital to securities priced in currencies other than the U.S....

## Key Facts

| Metric | Value |
|---|---|
| Price | $10.90 |
| Expense Ratio | 1.10% |
| AUM (All Share Classes) | $2.85B |
| NAV | $10.90 |
| Holdings Count | — |
| Distribution Yield (TTM) | 26.13% |
| Annual Distribution (TTM) | $2.85 /share |
| Distribution Frequency | Quarterly |
| 52-Week Range | $9.48 – $12.45 |
| Beta | 1.10 |

## Latest Distribution

- Amount: $0.4193 /share
- Ex-date: 2026-09-10
- Pay date: 2026-09-10

## Frequently Asked Questions

### What does PSPAX invest in?

The fund's primary goal is to achieve returns greater than those of the S&P 500 Index. It typically pursues this by strategically investing in financial instruments (derivatives) tied to the S&P 500 Index, which are then supported by a robust collection of income-generating assets. This backing portfolio consists of various debt instruments, such as bonds and other securities, issued by both governmental and private organizations within the U.S. and internationally. The fund has the flexibility to allocate up to 30% of its total capital to securities priced in currencies other than the U.S. dollar. Notably, it can invest an even larger share in U.S. dollar-denominated securities issued by foreign entities, as these are not constrained by the same 30% limit.

### What is the expense ratio of PSPAX?

PIMCO Stocks PLUS Bond Alpha A (PSPAX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

### What is PSPAX's dividend yield?

PSPAX's trailing-twelve-month yield is 26.13%, calculated from the sum of dividends over the past year divided by the current price.

### What is the duration of PSPAX?

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

### What is the credit quality of PSPAX?

PSPAX'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 PSPAX?

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

Yes, PIMCO Stocks PLUS Bond Alpha A (PSPAX) distributes dividends to shareholders. The trailing-twelve-month yield is 26.13%. Full dividend history is on this page.

### How often does PSPAX pay dividends?

PIMCO Stocks PLUS Bond Alpha A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is PSPAX's next ex-dividend date?

The most recently announced ex-dividend date for PSPAX 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.

### How much will PSPAX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.10% 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 PSPAX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from PSPAX'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 PSPAX cost more than a fund like VOO?

PSPAX is a passive index fund (current expense ratio 1.10%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to PSPAX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PSPAX (1.10%) 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/pspax
- Distribution history: https://www.dividenddata.com/funds/pspax/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/pspax/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/pspax/expenses
- Peer comparison: https://www.dividenddata.com/funds/pspax/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.