PIMCO RAE Global ex-US Fund
Fund
PZRIX
Price as of:
$12.94
+ $0.05
+ 0.39%
Primary Theme
fund company
Name
As of 06/01/2026Price
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
Vitals
YTD Return
14.7%
1 yr return
34.0%
3 Yr Avg Return
21.1%
5 Yr Avg Return
10.2%
Net Assets
$138 M
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
$12.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
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 06/01/2026Price
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
PZRIX - Profile
Distributions
- YTD Total Return 14.7%
- 3 Yr Annualized Total Return 21.1%
- 5 Yr Annualized Total Return 10.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.08%
- Dividend Yield 4.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePIMCO RAE Global ex-US Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateJun 05, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Arnott
Fund Description
The Fund seeks to achieve its investment objective by investing under normal circumstances substantially all of its assets in (i) Institutional Class shares of the PIMCO RAE International Fund (“International Fund”) and the PIMCO RAE Emerging Markets Fund (“Emerging Markets Fund”) (together, the International Fund and the Emerging Markets Fund are referred to as the “Underlying Funds”), and (ii) securities that are eligible investments for the Underlying Funds. Under normal circumstances, each of the Underlying Funds obtains exposure to a portfolio of stocks (each, a “RAE Portfolio”) through investment in the securities that comprise the RAE Portfolio. The stocks are selected by the Fund’s sub-adviser, Research Affiliates, LLC (“Sub- Adviser”), from a broad universe of companies which satisfy certain liquidity and capacity requirements. With respect to its direct or indirect (through a fund) investments in equity securities, there is no limitation on the market capitalization range of the issuers in which the Fund may invest. The Sub-Adviser uses the RAE™ methodology for portfolio construction. The RAE™ methodology is a rules-based model that selects stocks using quantitative signals that indicate higher expected returns, e.g., value, quality, and momentum. The model then weights selected stocks using their fundamental measures of company size, e.g., sales, cash flow, dividends and book value. Actual stock positions in each RAE Portfolio, which drift apart from target weights as market prices change, are rebalanced to target weights periodically. The RAE™ methodology’s systematic portfolio rebalancing reflects a value orientation. Portfolio managers do not have discretion with respect to the allocations determined by the RAE™ methodology. The RAE™ methodology is not updated according to any predetermined schedule. The Sub-Adviser provides investment advisory services in connection with each Underlying Fund’s use of its respective RAE Portfolio by, among other things, providing PIMCO with the constituents and target weights in the relevant RAE Portfolio. Each Underlying Fund seeks to remain invested in the securities that comprise its respective RAE Portfolio even when the value of such RAE Portfolio is declining. The Fund’s portfolio, either directly or indirectly (through funds), will be economically tied to at least three non-U.S. countries. The Fund may also invest in derivative instruments, such as options, forwards, futures contracts, options on futures and swap agreements, consistent with its investment objective. The Fund may also invest in real estate investment trusts (“REITs”). The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. The Fund may also enter into reverse repurchase agreements and lend portfolio securities. The Fund may invest, without limitation, in securities and instruments denominated in foreign currencies and may also invest, without limitation, in securities of foreign issuers. The Fund may invest, without limitation, in securities and instruments that are economically tied to emerging market countries. The Fund may obtain foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) without limitation. Subject to the restrictions and limitations of the Investment Company Act of 1940, as amended (the “1940 Act”), as well as the investment strategies described above and any other restrictions described in the Fund’s prospectus or Statement of Additional Information, the Fund may invest, without limitation, in other affiliated and unaffiliated funds, which may or may not be registered under the 1940 Act (together with the Underlying Funds, “Acquired Funds”). To the extent the Fund invests in Underlying Funds, PIMCO expects to select such Underlying Funds without considering or canvassing the universe of available unaffiliated Acquired Funds.
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PZRIX - Performance
Return Ranking - Trailing
| Period | PZRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.7% | -5.7% | 24.3% | 16.61% |
| 1 Yr | 34.0% | 3.9% | 50.5% | 20.76% |
| 3 Yr | 21.1%* | 2.9% | 30.6% | 40.48% |
| 5 Yr | 10.2%* | 2.0% | 52.2% | 59.07% |
| 10 Yr | 10.3%* | 5.9% | 30.0% | 29.33% |
* Annualized
Return Ranking - Calendar
| Period | PZRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 25.8% | -8.4% | 51.3% | 76.27% |
| 2024 | -3.1% | -27.8% | 10.7% | 70.51% |
| 2023 | 9.1% | 1.0% | 26.9% | 80.27% |
| 2022 | -16.5% | -22.8% | 166.1% | 88.70% |
| 2021 | 0.1% | -66.6% | 64.4% | 91.29% |
Total Return Ranking - Trailing
| Period | PZRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.7% | -5.7% | 24.3% | 16.61% |
| 1 Yr | 34.0% | 3.9% | 50.5% | 20.76% |
| 3 Yr | 21.1%* | 2.9% | 30.6% | 40.48% |
| 5 Yr | 10.2%* | 2.0% | 52.2% | 59.07% |
| 10 Yr | 10.3%* | 5.9% | 30.0% | 29.33% |
* Annualized
Total Return Ranking - Calendar
| Period | PZRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 34.0% | 12.5% | 62.4% | 71.86% |
| 2024 | 3.3% | -18.8% | 15.9% | 61.69% |
| 2023 | 19.3% | 7.4% | 31.0% | 28.23% |
| 2022 | -9.2% | -19.3% | 344.3% | 49.32% |
| 2021 | 12.1% | -0.2% | 75.3% | 52.26% |
NAV & Total Return History
PZRIX - Holdings
Concentration Analysis
| PZRIX | Category Low | Category High | PZRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 138 M | 3.42 M | 65.2 B | 89.49% |
| Number of Holdings | 3 | 2 | 2372 | 99.32% |
| Net Assets in Top 10 | 133 M | 628 K | 16.9 B | 65.42% |
| Weighting of Top 10 | 99.91% | 6.4% | 100.0% | 2.38% |
Top 10 Holdings
- PIMCO RAE INTERNATIONAL FUND PIMCO RAE INTL INST 71.94%
- PIMCO RAE EMERGING MARKETS FUN PIMCO RAE EMERG MRKT INST 27.90%
- PIMCO PRV SHORT TERM FLT III MUTUAL FUND 0.08%
Asset Allocation
| Weighting | Return Low | Return High | PZRIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.84% | 3.37% | 102.33% | 4.75% |
| Cash | 0.16% | 0.00% | 33.33% | 91.19% |
| Preferred Stocks | 0.00% | 0.00% | 6.13% | 89.15% |
| Other | 0.00% | -0.48% | 8.55% | 83.73% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 73.90% |
| Bonds | 0.00% | 0.00% | 137.31% | 74.58% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PZRIX % Rank | |
|---|---|---|---|---|
| Financial Services | 16.93% | 0.00% | 42.76% | 77.40% |
| Basic Materials | 16.13% | 0.00% | 30.76% | 7.53% |
| Consumer Cyclical | 14.20% | 0.00% | 27.46% | 19.86% |
| Industrials | 12.63% | 1.03% | 36.79% | 60.62% |
| Technology | 9.17% | 0.00% | 24.16% | 26.37% |
| Communication Services | 7.21% | 0.29% | 22.75% | 45.55% |
| Energy | 6.37% | 0.00% | 26.59% | 55.48% |
| Utilities | 5.90% | 0.00% | 27.46% | 16.44% |
| Consumer Defense | 5.71% | 0.00% | 31.84% | 63.70% |
| Healthcare | 2.96% | 0.00% | 23.28% | 96.92% |
| Real Estate | 2.79% | 0.00% | 17.06% | 19.86% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PZRIX % Rank | |
|---|---|---|---|---|
| US | 99.84% | 0.00% | 99.96% | 2.37% |
| Non US | 0.00% | 0.00% | 99.95% | 98.64% |
PZRIX - Expenses
Operational Fees
| PZRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.10% | 0.01% | 9.91% | 44.75% |
| Management Fee | 0.55% | 0.00% | 1.25% | 24.15% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.03% | 0.47% | 76.62% |
Sales Fees
| PZRIX 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% | 1.00% | N/A |
Trading Fees
| PZRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| PZRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 2.00% | 127.00% | 9.69% |
PZRIX - Distributions
Dividend Yield Analysis
| PZRIX | Category Low | Category High | PZRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.17% | 0.00% | 13.19% | 19.39% |
Dividend Distribution Analysis
| PZRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| PZRIX | Category Low | Category High | PZRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.08% | 0.18% | 7.85% | 62.07% |
Capital Gain Distribution Analysis
| PZRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.539 | OrdinaryDividend |
| Dec 11, 2025 | $0.002 | CapitalGainShortTerm |
| Dec 11, 2025 | $0.198 | CapitalGainLongTerm |
| Dec 30, 2024 | $0.483 | OrdinaryDividend |
| Dec 05, 2024 | $0.117 | OrdinaryDividend |
| Dec 05, 2024 | $0.003 | CapitalGainShortTerm |
| Dec 05, 2024 | $0.114 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.483 | OrdinaryDividend |
| Dec 07, 2023 | $0.368 | CapitalGainLongTerm |
| Dec 29, 2022 | $0.149 | OrdinaryDividend |
| Dec 08, 2022 | $0.598 | CapitalGainLongTerm |
| Dec 30, 2021 | $1.219 | OrdinaryDividend |
| Dec 30, 2020 | $0.207 | OrdinaryDividend |
| Dec 30, 2019 | $0.368 | OrdinaryDividend |
| Dec 12, 2019 | $0.276 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.262 | OrdinaryDividend |
| Dec 28, 2017 | $0.466 | OrdinaryDividend |
| Dec 29, 2016 | $0.241 | OrdinaryDividend |
| Dec 30, 2015 | $0.101 | OrdinaryDividend |
PZRIX - Fund Manager Analysis
Managers
Robert Arnott
Start Date
Tenure
Tenure Rank
Apr 15, 2015
7.13
7.1%
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
Apr 15, 2015
7.13
7.1%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 29.68 | 7.76 | 0.54 |