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Trending ETFs

Name

As of 05/24/2024

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

$7.40

$496 M

6.07%

$0.45

1.02%

Vitals

YTD Return

0.8%

1 yr return

6.6%

3 Yr Avg Return

1.1%

5 Yr Avg Return

1.9%

Net Assets

$496 M

Holdings in Top 10

63.9%

52 WEEK LOW AND HIGH

$7.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 57.00%

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 05/24/2024

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

$7.40

$496 M

6.07%

$0.45

1.02%

PLMIX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.82%
DIVIDENDS
  • Dividend Yield 6.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Emerging Markets Currency and Short-Term Investments Fund
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    Jun 20, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Pramol Dhawan

Fund Description

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in currencies of, or in Fixed Income Instruments denominated in the currencies of, emerging market countries, and in short-term investments. The Fund’s investments in currencies or Fixed Income Instruments, including short-term investments, may be represented by forwards or derivatives such as options, futures contracts or swap agreements. The Fund may, but is not required to, hedge its exposure to non-U.S. currencies. Assets not invested in currencies or instruments denominated in currencies of emerging market countries or in short-term investments may be invested in other types of 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.The Fund may invest in the currencies and Fixed Income Instruments of emerging market countries. PIMCO has broad discretion to identify countries that it considers to qualify as emerging markets. PIMCO will select the Fund’s country and currency composition based on its evaluation of relative interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade and current account balances, legal and political developments and other specific factors PIMCO believes to be relevant. The Fund likely will focus its investments in Asia, Africa, the Middle East, Latin America and the developing countries of Europe. The Fund may invest in instruments whose return is based on the return of an emerging market security or a currency of an emerging market, such as a derivative instrument, rather than investing directly in emerging market securities or currencies.The average portfolio duration of this Fund varies based on PIMCO’s market forecasts and, under normal market conditions, is not expected to exceed two 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 addition, the dollar-weighted average maturity of the portion of the Fund’s portfolio comprised of short-term investments, under normal circumstances, is expected not to exceed three years.The Fund may invest in both investment-grade securities and high yield securities (“junk bonds”) subject to a maximum of 15% of its total assets in securities rated below B 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 invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, 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 and may engage in short sales. The Fund may also invest directly in real estate investment trusts (“REITs”). 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). The “total return” sought by the Fund consists of income and capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular sector or security. The Fund may also invest up to 10% of its total assets in preferred securities.
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PLMIX - Performance

Return Ranking - Trailing

Period PLMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -4.5% 8.6% 59.80%
1 Yr 6.6% -3.9% 24.4% 82.06%
3 Yr 1.1%* -14.3% 4.3% 4.83%
5 Yr 1.9%* -9.0% 6.6% 22.51%
10 Yr 0.6%* -6.0% 4.9% 56.65%

* Annualized

Return Ranking - Calendar

Period PLMIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -10.6% 17.8% 82.39%
2022 -6.0% -29.1% -2.4% 1.03%
2021 -4.2% -24.0% 2.7% 11.27%
2020 0.5% -14.0% 9.7% 53.82%
2019 1.9% -6.4% 13.0% 96.31%

Total Return Ranking - Trailing

Period PLMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -4.5% 8.6% 59.80%
1 Yr 6.6% -3.9% 24.4% 82.06%
3 Yr 1.1%* -14.3% 4.3% 4.83%
5 Yr 1.9%* -9.0% 6.6% 22.51%
10 Yr 0.6%* -6.0% 4.9% 56.65%

* Annualized

Total Return Ranking - Calendar

Period PLMIX Return Category Return Low Category Return High Rank in Category (%)
2023 10.2% -0.6% 20.0% 72.76%
2022 -3.0% -27.6% -1.7% 0.69%
2021 -2.9% -18.5% 7.4% 46.48%
2020 2.6% -7.8% 18.0% 85.09%
2019 6.2% -3.0% 23.0% 95.57%

NAV & Total Return History


PLMIX - Holdings

Concentration Analysis

PLMIX Category Low Category High PLMIX % Rank
Net Assets 496 M 565 K 14.4 B 40.20%
Number of Holdings 859 4 1779 5.32%
Net Assets in Top 10 304 M -134 M 1.25 B 13.62%
Weighting of Top 10 63.86% 5.1% 101.4% 3.02%

Top 10 Holdings

  1. LETRA TESOURO NACIONAL BILLS 04/24 0.00000 17.41%
  2. NATIONAL BK HUNGARY BILL BILLS 01/24 0.00000 10.03%
  3. JAPAN TREASURY DISC BILL BILLS 02/24 0.00000 7.46%
  4. JAPAN TREASURY DISC BILL BILLS 02/24 0.00000 5.98%
  5. ISRAEL MAKAM BILL BILLS 01/24 0.00000 5.33%
  6. PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND 4.84%
  7. MALAYSIA ISLAMIC T BILL BILLS 04/24 0.00000 4.55%
  8. KOREA TREASURY BOND BONDS 03/24 3.5 2.87%
  9. LETRA TESOURO NACIONAL BILLS 07/24 0.00000 2.77%
  10. REPUBLIC OF SOUTH AFRICA SR UNSECURED 12/26 10.5 2.61%

Asset Allocation

Weighting Return Low Return High PLMIX % Rank
Bonds
94.09% 0.91% 99.54% 48.50%
Cash
4.86% 0.00% 23.05% 49.17%
Other
3.00% -9.56% 88.17% 9.63%
Convertible Bonds
0.05% 0.00% 8.47% 57.72%
Stocks
0.02% -0.01% 93.55% 33.55%
Preferred Stocks
0.00% 0.00% 1.28% 7.31%

Stock Sector Breakdown

Weighting Return Low Return High PLMIX % Rank
Utilities
0.00% 0.00% 11.41% N/A
Technology
0.00% 0.00% 30.64% N/A
Real Estate
0.00% 0.00% 2.39% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 12.25% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 100.00% N/A
Communication Services
0.00% 0.00% 8.92% N/A
Consumer Defense
0.00% 0.00% 24.66% N/A
Consumer Cyclical
0.00% 0.00% 100.00% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High PLMIX % Rank
US
0.02% 0.00% 93.50% 26.25%
Non US
0.01% -0.01% 1.26% 15.61%

Bond Sector Breakdown

Weighting Return Low Return High PLMIX % Rank
Government
33.15% 0.00% 99.79% 82.21%
Cash & Equivalents
4.86% 0.00% 23.23% 27.91%
Corporate
1.63% 0.00% 93.26% 88.26%
Derivative
1.60% -1.03% 7.35% 1.99%
Securitized
1.00% 0.00% 2.41% 3.02%
Municipal
0.00% 0.00% 0.00% 2.01%

Bond Geographic Breakdown

Weighting Return Low Return High PLMIX % Rank
Non US
87.62% 0.00% 132.49% 8.97%
US
6.47% -42.31% 99.01% 82.06%

PLMIX - Expenses

Operational Fees

PLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.02% 35.56% 64.67%
Management Fee 0.85% 0.00% 1.10% 84.39%
12b-1 Fee N/A 0.00% 1.00% 8.33%
Administrative Fee 0.40% 0.02% 0.65% 83.81%

Sales Fees

PLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 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.

PLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 57.00% 0.00% 218.00% 59.39%

PLMIX - Distributions

Dividend Yield Analysis

PLMIX Category Low Category High PLMIX % Rank
Dividend Yield 6.07% 0.00% 22.22% 10.30%

Dividend Distribution Analysis

PLMIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PLMIX Category Low Category High PLMIX % Rank
Net Income Ratio 2.82% -2.28% 8.00% 93.54%

Capital Gain Distribution Analysis

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

Distributions History

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PLMIX - Fund Manager Analysis

Managers

Pramol Dhawan


Start Date

Tenure

Tenure Rank

Oct 03, 2016

5.66

5.7%

Mr. Dhawan is an executive vice president and portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2013, he was a managing director and head of emerging markets trading for Americas at Société Générale in New York. He was previously based in London where he headed the Central and Eastern Europe emerging markets team for the firm. Additionally, he was a management consultant at Accenture. He holds an undergraduate degree in computer science and management studies from the University of Nottingham.

Ismael Orenstein


Start Date

Tenure

Tenure Rank

May 02, 2019

3.08

3.1%

Mr. Orenstein is a vice president and portfolio manager in the Newport Beach office, focusing on emerging market fixed income. Prior to joining PIMCO in 2012, he was a portfolio manager at Santander Asset Management in Brazil. He has five years of investment experience and holds an MBA from NYU Stern School of Business and a bachelor's degree in computer engineering from Instituto Militar de Engenharia in Brazil.

Michael Davidson


Start Date

Tenure

Tenure Rank

Oct 30, 2020

1.58

1.6%

Mr. Davidson is a senior vice president and portfolio manager in the emerging markets group in the London office. He focuses on Eastern Europe, the Middle East and Africa and helps to manage local markets portfolios. Prior to joining PIMCO in 2017, Mr. Davidson worked as an emerging markets rates trader at HSBC and Barclays. He has 13 years of trading and portfolio management experience and holds an undergraduate degree in philosophy, politics and economics from St Catherine’s College, University of Oxford.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.39 6.11