PIMCO RAE Worldwide Long/Short PLUS Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.6%
1 yr return
15.4%
3 Yr Avg Return
7.9%
5 Yr Avg Return
4.4%
Net Assets
$592 M
Holdings in Top 10
37.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 162.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PWLBX - Profile
Distributions
- YTD Total Return 13.6%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 4.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.55%
- Dividend Yield 10.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO RAE Worldwide Long/Short PLUS Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateDec 04, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Arnott
Fund Description
PWLBX - Performance
Return Ranking - Trailing
Period | PWLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.6% | -11.5% | 34.7% | 40.82% |
1 Yr | 15.4% | -11.5% | 43.3% | 62.59% |
3 Yr | 7.9%* | -12.2% | 25.9% | 23.66% |
5 Yr | 4.4%* | -2.6% | 23.5% | 68.91% |
10 Yr | N/A* | -3.9% | 9.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | PWLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.7% | -17.3% | 43.8% | 84.56% |
2022 | -9.4% | -54.0% | 17.4% | 49.25% |
2021 | 2.5% | -40.0% | 54.1% | 64.06% |
2020 | -18.8% | -47.6% | 88.4% | 92.62% |
2019 | N/A | -20.3% | 62.6% | N/A |
Total Return Ranking - Trailing
Period | PWLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.6% | -11.5% | 34.7% | 40.82% |
1 Yr | 15.4% | -11.5% | 43.3% | 62.59% |
3 Yr | 7.9%* | -12.2% | 25.9% | 23.66% |
5 Yr | 4.4%* | -2.6% | 23.5% | 68.91% |
10 Yr | N/A* | -3.9% | 9.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PWLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -14.5% | 43.8% | 83.89% |
2022 | 3.9% | -54.0% | 50.3% | 19.40% |
2021 | 14.7% | -40.0% | 61.6% | 45.31% |
2020 | -12.9% | -29.9% | 91.0% | 93.44% |
2019 | N/A | -17.9% | 79.4% | N/A |
NAV & Total Return History
PWLBX - Holdings
Concentration Analysis
PWLBX | Category Low | Category High | PWLBX % Rank | |
---|---|---|---|---|
Net Assets | 592 M | 1.08 M | 6.67 B | 17.45% |
Number of Holdings | 859 | 3 | 2209 | 4.70% |
Net Assets in Top 10 | 194 M | 625 K | 2.41 B | 21.48% |
Weighting of Top 10 | 37.62% | 2.1% | 101.8% | 68.46% |
Top 10 Holdings
- PIMCO PRV SHORT TERM FLT III MUTUAL FUND 5.53%
- FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE 5.53%
- FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE 5.13%
- DEUTSCHE BANK REPO REPO 4.53%
- FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 4.41%
- FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE 3.33%
- FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 2.61%
- APPLE INC COMMON STOCK USD.00001 2.47%
- TSY INFL IX N/B 07/25 0.375 2.10%
- GOLDENTREE LOAN MANAGEMENT EUR GLME 3A AR 144A 1.98%
Asset Allocation
Weighting | Return Low | Return High | PWLBX % Rank | |
---|---|---|---|---|
Bonds | 90.68% | 0.00% | 90.68% | 2.01% |
Other | 19.97% | -48.19% | 99.35% | 6.04% |
Stocks | 7.77% | 0.00% | 100.92% | 91.95% |
Cash | 5.53% | 0.00% | 99.60% | 85.91% |
Convertible Bonds | 4.48% | -0.02% | 4.48% | 2.13% |
Preferred Stocks | 0.00% | -1.01% | 6.36% | 63.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PWLBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 21.71% | N/A |
Technology | 0.00% | 0.00% | 43.24% | N/A |
Real Estate | 0.00% | 0.00% | 10.93% | N/A |
Industrials | 0.00% | 0.00% | 31.93% | N/A |
Healthcare | 0.00% | 0.00% | 100.00% | N/A |
Financial Services | 0.00% | 0.00% | 83.83% | N/A |
Energy | 0.00% | 0.00% | 32.57% | N/A |
Communication Services | 0.00% | 0.00% | 32.32% | N/A |
Consumer Defense | 0.00% | 0.00% | 19.75% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 88.83% | N/A |
Basic Materials | 0.00% | 0.00% | 28.58% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PWLBX % Rank | |
---|---|---|---|---|
US | 7.77% | 0.00% | 100.92% | 89.26% |
Non US | 0.00% | -3.42% | 69.12% | 66.44% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PWLBX % Rank | |
---|---|---|---|---|
Government | 17.71% | 0.00% | 58.54% | 7.86% |
Securitized | 13.59% | 0.00% | 13.59% | 2.14% |
Corporate | 7.72% | 0.00% | 79.13% | 8.57% |
Cash & Equivalents | 5.53% | -0.01% | 86.52% | 50.34% |
Derivative | 3.13% | -48.19% | 99.35% | 9.40% |
Municipal | 0.01% | 0.00% | 0.07% | 5.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PWLBX % Rank | |
---|---|---|---|---|
US | 77.96% | 0.00% | 85.75% | 3.36% |
Non US | 12.72% | 0.00% | 12.72% | 2.01% |
PWLBX - Expenses
Operational Fees
PWLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.82% | 0.42% | 9.95% | 65.77% |
Management Fee | 1.34% | 0.00% | 2.50% | 67.79% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.84% |
Administrative Fee | 0.40% | 0.03% | 1.54% | 94.29% |
Sales Fees
PWLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 2.50% | 5.75% | 63.64% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PWLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
PWLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 162.00% | 0.00% | 446.00% | 60.00% |
PWLBX - Distributions
Dividend Yield Analysis
PWLBX | Category Low | Category High | PWLBX % Rank | |
---|---|---|---|---|
Dividend Yield | 10.00% | 0.00% | 27.22% | 15.54% |
Dividend Distribution Analysis
PWLBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
PWLBX | Category Low | Category High | PWLBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.55% | -3.33% | 2.16% | 12.24% |
Capital Gain Distribution Analysis
PWLBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 12, 2024 | $0.201 | OrdinaryDividend |
Dec 26, 2023 | $0.390 | OrdinaryDividend |
Sep 07, 2023 | $0.007 | OrdinaryDividend |
Jun 08, 2023 | $0.007 | OrdinaryDividend |
Dec 27, 2022 | $0.438 | OrdinaryDividend |
Sep 08, 2022 | $0.122 | OrdinaryDividend |
Jun 09, 2022 | $0.205 | OrdinaryDividend |
Mar 10, 2022 | $0.327 | OrdinaryDividend |
Dec 28, 2021 | $0.373 | OrdinaryDividend |
Sep 09, 2021 | $0.325 | OrdinaryDividend |
Jun 10, 2021 | $0.137 | OrdinaryDividend |
Mar 11, 2021 | $0.127 | OrdinaryDividend |
Sep 10, 2020 | $0.155 | OrdinaryDividend |
Jun 11, 2020 | $0.426 | OrdinaryDividend |
Dec 26, 2019 | $0.026 | OrdinaryDividend |
Dec 04, 2019 | $0.253 | OrdinaryDividend |
Sep 12, 2019 | $0.131 | OrdinaryDividend |
PWLBX - Fund Manager Analysis
Managers
Robert Arnott
Start Date
Tenure
Tenure Rank
Dec 04, 2014
7.49
7.5%
Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative asset allocation and alternative indexation products. He previously served as chairman of First Quadrant, as president of TSA Capital Management (now part of Analytic Investors), and as vice president at The Boston Company. He also was global equity strategist at Salomon Brothers. He has published more than 100 articles in journals such as the Journal of Portfolio Management, the Harvard Busine
Christopher Brightman
Start Date
Tenure
Tenure Rank
Jul 28, 2017
4.84
4.8%
Chris Brightman, Chief Executive Officer, Research Affiliates, since July 2021, and Chief Investment Officer since April 2014. Previously at Research Affiliates, Mr. Brightman served as a Managing Director and Head of Investment Management. Prior to joining Research Affiliates in 2010, Mr. Brightman was chief executive officer of the University of Virginia Investment Management Company.
Jing Yang
Start Date
Tenure
Tenure Rank
Jul 20, 2018
3.87
3.9%
Ms. Yang is an executive vice president and a mortgage specialist in the structured credit group in the Newport Beach office. Prior to joining Pacific Investment Management Company LLC in 2006, she worked in home equity loan structuring at Morgan Stanley in New York. She has eight years of investment experience and holds a Ph.D. in Bioinformatics and a master's degree in statistics from the University of Chicago.Ms. Yang is an Executive Vice President of Pacific Investment Management Company LLC.
Bryan Tsu
Start Date
Tenure
Tenure Rank
Jul 20, 2018
3.87
3.9%
Mr. Tsu is a senior vice president and portfolio manager in the Newport Beach office, focusing on commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs). Prior to joining Pacific Investment Management Company LLC in 2008, he worked at Bear Stearns in New York, syndicating collateralized loan and collateralized debt obligations and other asset-backed transactions. He has eight years of investment experience and holds a bachelor's degree in economics and operations research from Columbia University.Mr. Tsu is one of Executive Vice Presidents of Pacific Investment Management Company LLC.
Graham Rennison
Start Date
Tenure
Tenure Rank
May 10, 2019
3.06
3.1%
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.
Marc Seidner
Start Date
Tenure
Tenure Rank
Feb 04, 2021
1.32
1.3%
Mr. Seidner is CIO Non-traditional Strategies, a managing director and head of portfolio management in the New York office. He is also a generalist portfolio manager and a member of the Investment Committee. He rejoined PIMCO in November 2014 after serving as head of fixed income at GMO LLC. Prior to joining PIMCO in 2009, he was a managing director and domestic fixed income portfolio manager at Harvard Management Company. Previously, he was director of active core strategies at Standish Mellon Asset Management. He holds an undergraduate degree in economics from Boston College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 23.55 | 6.0 | 7.93 |