Morningstar

PIMCO Preferred and Capital Securities Fund Class A PFANX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.29  /  +0.22 %
  • Fund Size $655.7M
  • Adjusted Expense Ratio 1.150%
  • Net Expense Ratio 1.310%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Preferred Stock
  • Equity Style Box (Funds) Small Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 5.17%
  • Turnover Ratio 32%
NAV and 1-Day Return as of

Morningstar’s Analysis PFANX

Will PFANX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFANX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PFANX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PFANX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Senior Analyst Arvind Subramanian

Arvind Subramanian

Senior Analyst

Summary

A steady hand navigating a niche asset class. Pimco Capital Securities has consistently demonstrated the deep expertise, disciplined risk management, and focus on quality needed to navigate bank capital securities.

by Arvind Subramanian
Rated on Published on

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Portfolio Holdings PFANX

More PFANX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pimco Capital Securities Fd (Cayman) Ltd

17.63 122M
—

5 Year Treasury Note Future Sept 26

13.92 96M
Government

EUROPEAN MONETARY UNION EURO Purchased

13.48 93M
Derivative

RFR GBP SONIO/3.50000 03/18/26-2Y LCH Receive

12.40 86M
Government

Short-Term Euro BTP Future Sept 26

11.77 81M
Government

Ultra 10 Year US Treasury Note Future Sept 26

10.49 73M
Government

Ultra US Treasury Bond Future Sept 26

6.20 43M
Government

BRITISH POUND STERLING Purchased

5.68 39M
Derivative

RFR GBP SONIO/4.00000 03/18/26-10Y LCH Receive

5.53 38M
Government

RFR USD SOFR/3.25000 03/19/25-10Y LCH Receive

5.45 38M
Government

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