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Address And Details

840 Newport Center Dr., Ste. 100 , Newport Beach, CA 92660
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks total return which exceeds that of the S&P 500 Index. The Fund seeks to exceed the total return of the S&P 500 Index by investing under normal circumstances in S&P 500 Index derivatives, backed by a portfolio 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 common stocks, options, futures, options on futures and swaps. The Fund normally uses S&P 500 Index derivatives in addition to or in place of S&P 500 Index stocks to attempt to equal or exceed the daily performance of the S&P 500 Index. The value of S&P 500 Index derivatives should closely track changes in the value of the S&P 500 Index. The Fund typically will seek to gain long exposure to its benchmark index in an amount, under normal circumstances, approximately equal to the Fund s net assets. However, S&P 500 Index derivatives may be purchased with a fraction of the assets that would be needed to purchase the equity securities directly, so that the remainder of the assets may be invested in Fixed Income Instruments. PIMCO actively manages the Fixed Income Instruments held by the Fund with a view toward enhancing the Fund s total return, subject to an overall portfolio duration which is normally not expected to exceed one year. 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 S&P 500 Index is composed of 500 selected common stocks that represent approximately two-thirds of the total market value of all U.S. common stocks. The Fund seeks to remain invested in S&P 500 Index derivatives or S&P 500 Index stocks even when the S&P 500 Index is declining. Though the Fund does not normally invest directly in S&P 500 Index securities, when S&P 500 Index derivatives appear to be overvalued relative to the S&P 500 Index, the Fund may invest all of its assets in a basket of S&P 500 Index stocks. 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. Assets not invested in equity securities or derivatives may be invested in Fixed Income Instruments. The Fund may invest up to 10% of its total assets in high yield securities ( junk bonds ) rated B 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 (except that within such 10% limitation, the Fund may invest in mortgage-related securities rated below B). 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 up to 30% of its total assets in securities denominated in foreign currencies and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. The Fund may invest up to 10% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means the Fund may invest, together with any other investments denominated in foreign currencies, up to 30% of its total assets in such instruments). The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets. The Fund may also invest up to 10% of its total assets in preferred securities.

Net Asset Value

as of 5:54 PM ET 05/19/2022

Performance

  • 1 Week
  • -0.82%
  • 1 Month
  • -13.05%
  • 3 Months
  • -11.54%
  • 1 Yr Return
  • -18.20%
  • 5 Yr Return
  • -0.51%

Equity Sector Breakdown

RetailTrade 0.91%
ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Cash 95.63%
Bonds 13.48%
Stocks 0.91%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -10.68%
Total Net Assets 59.96 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.19 -1.80 -1.22
Beta 1.05 1.05 1.05
R Squared 0.99 1.00 0.99
Std Deviation 19.79 17.29 14.33
Sharpe Ratio 0.68 0.73 n/a

Purchase Information

as of 6:28 PM ET 05/18/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -2.54%
  • +13.09%
-2.54% +13.09%
3 Year
  • +12.36%
  • +17.58%
+12.36% +17.58%
10 Year
  • +13.00%
  • +14.06%
+13.00% +14.06%
Life Of Fund
  • +9.83%
  • +10.43%
+9.83% +10.43%

Top 10 Holdings

Symbol Company Name % Of Assets
CPBD TOTAL*CORPORATE BONDS 6.55%
OPTN TOTAL*OPTIONS 6.07%
SHRT TOTAL*SHORT TERM INVESTMENTS 55.52%
USTR TOTAL*US TREASURY BONDS 3.04%
ASB TOTAL*ASSET BACK SECURITIES 19.76%
MORTSEC TOTAL*MORTGAGE SECURITIES 12.95%
USAB TOTAL*US AGENCY BONDS 1.28%
AMZN AMAZON COM INC 0.91%
MUNB TOTAL*MUNICIPAL BONDS 0.13%
OTHER TOTAL*OTHER -6.20%

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