PIMCO TRENDS Managed Futures Strategy Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.3%
1 yr return
5.4%
3 Yr Avg Return
7.2%
5 Yr Avg Return
7.1%
Net Assets
$2.91 B
Holdings in Top 10
73.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PQTNX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.35%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO TRENDS Managed Futures Strategy Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateDec 31, 2013
-
Shares OutstandingN/A
-
Share ClassI3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Dorsten
Fund Description
PQTNX - Performance
Return Ranking - Trailing
Period | PQTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -7.4% | 14.6% | 60.64% |
1 Yr | 5.4% | -16.1% | 36.5% | 55.91% |
3 Yr | 7.2%* | -7.9% | 13.3% | 12.36% |
5 Yr | 7.1%* | -5.3% | 10.0% | 20.48% |
10 Yr | N/A* | -2.4% | 4.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PQTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.2% | -16.4% | 12.9% | 39.78% |
2022 | -2.9% | -9.3% | 17.5% | 32.61% |
2021 | 12.1% | -25.8% | 2.2% | N/A |
2020 | 3.7% | -5.1% | 21.0% | N/A |
2019 | 0.4% | -20.3% | 4.6% | N/A |
Total Return Ranking - Trailing
Period | PQTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -7.4% | 14.6% | 60.64% |
1 Yr | 5.4% | -20.3% | 36.5% | 49.46% |
3 Yr | 7.2%* | -9.0% | 11.1% | 10.11% |
5 Yr | 7.1%* | -5.7% | 8.7% | 16.87% |
10 Yr | N/A* | -2.4% | 4.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PQTNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.2% | -16.4% | 12.9% | 39.78% |
2022 | 11.3% | -9.3% | 17.5% | 32.61% |
2021 | 14.7% | -20.3% | 2.5% | N/A |
2020 | 8.8% | -5.1% | 21.0% | N/A |
2019 | 2.9% | -20.3% | 6.7% | N/A |
NAV & Total Return History
PQTNX - Holdings
Concentration Analysis
PQTNX | Category Low | Category High | PQTNX % Rank | |
---|---|---|---|---|
Net Assets | 2.91 B | 2.12 M | 1.74 B | 23.40% |
Number of Holdings | 1146 | 3 | 876 | 4.26% |
Net Assets in Top 10 | 2.12 B | -100 M | 2.04 B | 12.77% |
Weighting of Top 10 | 73.01% | 20.3% | 94.0% | 42.59% |
Top 10 Holdings
- PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND 23.35%
- GOLD CMX WR FAC 5001 HSBC SAL 16.42%
- REPO BANK AMERICA REPO 7.47%
- JAPAN TREASURY DISC BILL BILLS 01/24 0.00000 7.42%
- GNMA II TBA 30 YR 6 JUMBOS 5.26%
- NATIONAL BK HUNGARY BILL BILLS 01/24 0.00000 3.51%
- GOLD CMX WR FAC 2001 JPM SAL 2.83%
- RVPO STATE STREET GLOBAL MARKE USD RVPO FICC SSGM 2.73%
- TREASURY BILL 02/24 0.00000 2.02%
- GNMA II TBA 30 YR 6 JUMBOS 2.00%
Asset Allocation
Weighting | Return Low | Return High | PQTNX % Rank | |
---|---|---|---|---|
Bonds | 42.61% | -50.36% | 717.59% | 27.66% |
Other | 38.29% | 0.00% | 58.63% | 25.53% |
Cash | 23.35% | -687.11% | 117.03% | 76.60% |
Convertible Bonds | 0.73% | 0.00% | 2.27% | 17.02% |
Stocks | 0.00% | -1.78% | 72.26% | 44.68% |
Preferred Stocks | 0.00% | 0.00% | 0.13% | 60.64% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PQTNX % Rank | |
---|---|---|---|---|
Government | 27.80% | 0.00% | 82.10% | 27.66% |
Cash & Equivalents | 23.35% | 1.07% | 100.00% | 47.87% |
Derivative | 4.85% | 0.00% | 63.99% | 44.68% |
Corporate | 0.62% | 0.00% | 31.20% | 30.85% |
Securitized | 0.21% | 0.00% | 64.73% | 27.66% |
Municipal | 0.00% | 0.00% | 6.83% | 57.45% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PQTNX % Rank | |
---|---|---|---|---|
US | 28.53% | -169.44% | 233.08% | 100.00% |
Non US | 14.08% | -77.11% | 655.95% | 17.02% |
PQTNX - Expenses
Operational Fees
PQTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.28% | 0.75% | 12.88% | 54.84% |
Management Fee | 1.60% | 0.65% | 2.99% | 81.91% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.45% | 0.09% | 0.45% | 100.00% |
Sales Fees
PQTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PQTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
PQTNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.00% | 0.00% | 198.00% | 51.43% |
PQTNX - Distributions
Dividend Yield Analysis
PQTNX | Category Low | Category High | PQTNX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.00% | 56.38% |
Dividend Distribution Analysis
PQTNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
PQTNX | Category Low | Category High | PQTNX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.35% | -3.14% | 1.55% | 7.53% |
Capital Gain Distribution Analysis
PQTNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2022 | $1.038 | OrdinaryDividend |
Sep 08, 2022 | $0.176 | OrdinaryDividend |
Jun 09, 2022 | $0.193 | OrdinaryDividend |
Mar 10, 2022 | $0.096 | OrdinaryDividend |
Dec 28, 2021 | $0.032 | OrdinaryDividend |
Sep 09, 2021 | $0.048 | OrdinaryDividend |
Jun 10, 2021 | $0.061 | OrdinaryDividend |
Mar 11, 2021 | $0.000 | OrdinaryDividend |
Dec 28, 2020 | $0.088 | OrdinaryDividend |
Sep 10, 2020 | $0.132 | OrdinaryDividend |
Jun 11, 2020 | $0.203 | OrdinaryDividend |
Dec 26, 2019 | $0.084 | OrdinaryDividend |
Sep 12, 2019 | $0.080 | OrdinaryDividend |
Jun 13, 2019 | $0.050 | OrdinaryDividend |
Mar 14, 2019 | $0.027 | OrdinaryDividend |
Dec 26, 2018 | $0.013 | OrdinaryDividend |
Sep 13, 2018 | $0.005 | OrdinaryDividend |
Jun 14, 2018 | $0.013 | OrdinaryDividend |
PQTNX - Fund Manager Analysis
Managers
Matthew Dorsten
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Mr. Dorsten is an executive vice president in the Newport Beach office and a portfolio manager in the quantitative strategies group. He is the lead portfolio manager for managed futures in addition to having portfolio management responsibilities in multi-asset alternative risk premia and beta replication strategies. He was previously a member of the financial engineering group working on mortgage-backed securities and event-linked bonds. Prior to joining PIMCO in 2006, he received his Ph.D. in theoretical particle physics from the California Institute of Technology, where he was a National Science Foundation Graduate Research Fellow. He holds undergraduate degrees in mathematics and physics from Ohio State University.
Graham Rennison
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Mr. Rennison is a senior vice president in the quantitative portfolio management group in the Newport Beach office, focusing on multi-asset-class systematic strategies. He was previously a member of the client analytics group, advising clients on strategic asset allocation. Prior to joining PIMCO in 2011, Mr. Rennison was a director and head of systematic strategies research at Barclays Capital in New York and also spent five years at Lehman Brothers. He has 15 years of investment experience and holds master's and undergraduate degrees in mathematics from Cambridge University, England.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 14.09 | 5.41 | 5.06 |