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Name

As of 07/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

PRFD | Active ETF

$49.99

$116 M

5.51%

$2.76

0.89%

Vitals

YTD Return

6.1%

1 yr return

11.8%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$116 M

Holdings in Top 10

18.4%

52 WEEK LOW AND HIGH

$50.1
$44.06
$50.16

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 07/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

PRFD | Active ETF

$49.99

$116 M

5.51%

$2.76

0.89%

PRFD - Profile

Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 5.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    Jan 19, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a diversified portfolio of preferred securities and “Capital Securities.” “Capital Securities” include (1) securities issued by U.S. and non-U.S. financial institutions (including, but not limited to, banks and insurance companies) that can be used to satisfy their regulatory capital requirements and (2) securities, which may include instruments referred to as hybrid securities, that would be subordinated (i.e., fall lower in the capital structure) to at least one type of debt. Hybrid securities may be issued to fulfill ratings criteria for debt securities of an issuer and may, for example, be convertible into preferred shares. Preferred securities and “Capital Securities” may be represented by forwards or derivatives such as options, futures contracts or swap agreements. The “total return” sought by the Fund consists of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation or improving credit fundamentals for a particular market sector or security.Assets not invested in preferred securities or Capital Securities may be invested in other types of Fixed Income Instruments, including derivative Fixed Income Instruments. “Fixed Income Instruments” include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. In addition, the Fund will concentrate its investments in a group of industries related to banks. With respect to investments in equity securities, there is no limitation on the market capitalization range of the issuers in which the Fund may invest.The Fund may invest up to 50% of its total assets in high yield securities (“junk bonds”) rated below Baa by Moody’s Investors Service, Inc. (“Moody’s”), or equivalently rated by Standard & Poor’s Ratings Services (“S&P”) or Fitch Ratings, Inc. (“Fitch”), or if, unrated, determined by PIMCO to be of comparable quality. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. The Fund may also invest without limit in securities denominated in foreign currencies and in U.S. dollar-denominated securities of foreign issuers. The Fund may invest without limit in securities and instruments that are economically tied to emerging market countries. The Fund may also invest in contingent convertible securities.The Fund may invest in derivative instruments, such as options, futures contracts or swap agreements, subject to applicable law and any other restrictions described in the Fund’s prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including currency forwards, and may engage in short sales.The average portfolio duration of the Fund will normally vary within one year (plus or minus) of the portfolio duration of the securities comprising the ICE BofA US All Capital Securities Index, which as of September 30, 2023 was 4.94 years. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates.In pursuing the Fund’s investment objective, PIMCO may emphasize investment strategies that are more strategic, or long-term in nature, with less emphasis on short-term, tactical trading strategies. In addition, PIMCO will utilize a bottom up approach to seek to identify sectors and securities that are undervalued, and the Fund’s investment program may involve a longer investment horizon designed to minimize trading volume and distinct investment strategies as compared with other PIMCO-advised funds with names, investment objectives and policies similar to the Fund. As a result, investments made by the Fund and the results achieved by the Fund at any given time are not expected to be the same as or similar to those made by such other PIMCO-advised funds.
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PRFD - Performance

Return Ranking - Trailing

Period PRFD Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% N/A N/A N/A
1 Yr 11.8% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period PRFD Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PRFD Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% N/A N/A N/A
1 Yr 11.8% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period PRFD Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

PRFD - Holdings

Concentration Analysis

PRFD Category Low Category High PRFD % Rank
Net Assets 116 M N/A N/A N/A
Number of Holdings 138 N/A N/A N/A
Net Assets in Top 10 16.6 M N/A N/A N/A
Weighting of Top 10 18.38% N/A N/A N/A

Top 10 Holdings

  1. CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR 2.19%
  2. LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR 2.16%
  3. US TREASURY N/B 11/42 4 2.04%
  4. JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR 1.95%
  5. US BANCORP JR SUBORDINA 12/99 VAR 1.80%
  6. BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR 1.76%
  7. WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR 1.74%
  8. METLIFE CAPITAL TRUST IV JR SUBORDINA 144A 12/67 7.875 1.67%
  9. PRUDENTIAL FINANCIAL INC JR SUBORDINA 09/52 VAR 1.57%
  10. SOUTHERN CO JR SUBORDINA 09/51 VAR 1.50%

Asset Allocation

Weighting Return Low Return High PRFD % Rank
Bonds 		58.83% N/A N/A N/A
Preferred Stocks 		39.42% N/A N/A N/A
Cash 		1.64% N/A N/A N/A
Other 		0.11% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High PRFD % Rank
Derivative 		0.11% N/A N/A N/A
Cash & Equivalents 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High PRFD % Rank
US 		57.93% N/A N/A N/A
Non US 		0.90% N/A N/A N/A

PRFD - Expenses

Operational Fees

PRFD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% N/A N/A N/A
Management Fee 0.84% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

PRFD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

PRFD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRFD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

PRFD - Distributions

Dividend Yield Analysis

PRFD Category Low Category High PRFD % Rank
Dividend Yield 5.51% N/A N/A N/A

Dividend Distribution Analysis

PRFD Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

PRFD Category Low Category High PRFD % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

PRFD Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

PRFD - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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