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Trending ETFs

Name

As of 06/12/2024

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

$9.94

$2.45 B

5.72%

$0.57

0.36%

Vitals

YTD Return

3.2%

1 yr return

6.2%

3 Yr Avg Return

2.9%

5 Yr Avg Return

2.2%

Net Assets

$2.45 B

Holdings in Top 10

13.6%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 112.00%

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 06/12/2024

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

$9.94

$2.45 B

5.72%

$0.57

0.36%

PAIDX - Profile

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.42%
DIVIDENDS
  • Dividend Yield 5.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Short Asset Investment Fund
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    May 31, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jerome Schneider

Fund Description

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. “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. The average portfolio duration of this Fund will vary based on PIMCO’s market forecasts and will normally not exceed one and one-half 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.The Fund invests primarily in investment grade debt securities rated Baa or higher by Moody’s Investors Service, Inc. (“Moody’s”), or equivalently rated by Standard & Poor’s Ratings Services (“S&P”) or Fitch, 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 not invest in securities denominated in foreign currencies, but may invest without limit in U.S. dollar-denominated securities of foreign issuers. In addition, the Fund may invest up to 10% of its total assets in U.S. dollar-denominated securities and instruments that are economically tied to emerging market countries. The Fund may invest up to 60% of its total assets in corporate issuers.The Fund may invest, without limitation, 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 invest up to 20% of its total assets in asset-backed securities and up to 10% of its total assets in privately issued mortgage-backed securities. The Fund may invest up to 10% of its total assets in interest rate swaps and up to 5% of its total assets in credit default swaps. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls).
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PAIDX - Performance

Return Ranking - Trailing

Period PAIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -1.5% 4.5% 13.89%
1 Yr 6.2% 0.2% 13.0% 32.41%
3 Yr 2.9%* -2.0% 6.1% 29.61%
5 Yr 2.2%* -1.1% 4.6% 44.44%
10 Yr 1.9%* -4.4% 27.6% 37.61%

* Annualized

Return Ranking - Calendar

Period PAIDX Return Category Return Low Category Return High Rank in Category (%)
2023 0.6% -2.3% 4.3% 75.00%
2022 -1.2% -6.5% 0.5% 31.10%
2021 -0.5% -2.1% 0.3% 58.13%
2020 0.1% -3.1% 1.8% 60.82%
2019 0.0% -1.2% 6.1% 84.24%

Total Return Ranking - Trailing

Period PAIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -1.5% 4.5% 13.89%
1 Yr 6.2% 0.2% 13.0% 32.41%
3 Yr 2.9%* -2.0% 6.1% 29.61%
5 Yr 2.2%* -1.1% 4.6% 44.44%
10 Yr 1.9%* -4.4% 27.6% 37.61%

* Annualized

Total Return Ranking - Calendar

Period PAIDX Return Category Return Low Category Return High Rank in Category (%)
2023 6.0% 0.8% 12.1% 39.35%
2022 0.6% -5.1% 2.5% 26.79%
2021 -0.1% -2.1% 14.5% 72.91%
2020 1.4% -1.0% 3.6% 67.01%
2019 2.7% 0.3% 9.6% 65.76%

NAV & Total Return History


PAIDX - Holdings

Concentration Analysis

PAIDX Category Low Category High PAIDX % Rank
Net Assets 2.45 B 25.6 K 22.6 B 29.63%
Number of Holdings 366 2 1291 31.48%
Net Assets in Top 10 330 M 23.7 K 17.3 B 37.96%
Weighting of Top 10 13.63% 5.6% 163.3% 77.31%

Top 10 Holdings

  1. CPPIB CAPITAL INC COMPANY GUAR 144A 04/25 VAR 2.28%
  2. FEDERAL HOME LOAN BANK BONDS 09/25 5.5 1.45%
  3. VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 06/24 VAR 1.34%
  4. CREDIT SUISSE NEW YORK SR UNSECURED 09/24 3.625 1.31%
  5. MIZUHO FINANCIAL GROUP SR UNSECURED 07/25 VAR 1.23%
  6. FED CAISSES DESJARDINS SR UNSECURED 144A 05/24 VAR 1.22%
  7. REVVITY INC SR UNSECURED 09/24 0.85 1.21%
  8. GOLDMAN SACHS GROUP INC SR UNSECURED 11/24 5.7 1.20%
  9. ARROW ELECTRONICS INC SR UNSECURED 09/24 3.25 1.19%
  10. BANK OF AMERICA CORP SR UNSECURED 06/24 VAR 1.18%

Asset Allocation

Weighting Return Low Return High PAIDX % Rank
Bonds
91.80% 0.00% 128.16% 27.78%
Other
8.41% -7.74% 99.94% 51.39%
Convertible Bonds
1.89% 0.00% 15.25% 60.47%
Cash
0.00% 0.00% 109.88% 95.83%
Stocks
0.00% 0.00% 95.95% 70.83%
Preferred Stocks
0.00% 0.00% 1.74% 68.52%

Bond Sector Breakdown

Weighting Return Low Return High PAIDX % Rank
Corporate
37.08% 0.00% 99.91% 54.88%
Government
27.40% 0.00% 100.00% 12.09%
Securitized
21.97% 0.00% 100.00% 56.74%
Derivative
0.05% -7.49% 21.59% 11.11%
Cash & Equivalents
0.00% 0.00% 109.88% 92.13%
Municipal
0.00% 0.00% 70.39% 85.12%

Bond Geographic Breakdown

Weighting Return Low Return High PAIDX % Rank
US
91.80% 0.00% 128.16% 27.78%
Non US
0.00% 0.00% 19.76% 73.61%

PAIDX - Expenses

Operational Fees

PAIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.02% 29.63% 68.22%
Management Fee 0.34% 0.00% 1.19% 76.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.14% 0.01% 0.40% 56.84%

Sales Fees

PAIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

PAIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

PAIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 112.00% 0.00% 369.54% 85.71%

PAIDX - Distributions

Dividend Yield Analysis

PAIDX Category Low Category High PAIDX % Rank
Dividend Yield 5.72% 0.00% 8.76% 20.83%

Dividend Distribution Analysis

PAIDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PAIDX Category Low Category High PAIDX % Rank
Net Income Ratio 0.42% -1.30% 14.86% 57.69%

Capital Gain Distribution Analysis

PAIDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PAIDX - Fund Manager Analysis

Managers

Jerome Schneider


Start Date

Tenure

Tenure Rank

May 31, 2012

10.01

10.0%

Managing Director, PIMCO. Mr. Schneider joined PIMCO in 2008. Prior to joining PIMCO, he served as Senior Managing Director with Bear Stearns, specializing in credit and mortgage-related funding transactions. Mr. Schneider joined Bear Stearns in 1995. He has 24 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.

Nathan Chiaverini


Start Date

Tenure

Tenure Rank

Jul 31, 2021

0.83

0.8%

Senior Vice President, PIMCO. Mr. Chiaverini is a portfolio manager on the short-term desk. Prior to joining PIMCO in 2012, he was a vice president and portfolio manager at BlackRock. Prior to this, he held trading and strategy research positions within interest rate derivatives and mortgage-backed securities at Barclays Capital. He has investment experience since 2004 and holds a bachelor's degree in economics and history from the University of Colorado and an MBA in analytic finance and economics from the University of Chicago Booth School o

Andrew Wittkop


Start Date

Tenure

Tenure Rank

Jul 31, 2021

0.83

0.8%

Mr. Wittkop is an executive vice president and portfolio manager in the Newport Beach office, focusing on Treasury bonds, agencies and interest rate derivatives. He previously worked on the real return desk. Prior to that, he was a portfolio analyst with the global portfolio management team and a product manager for absolute return strategies. He holds an MBA from Stern School of Business at New York University and an undergraduate degree from the University of California, Los Angeles.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.56 7.92