PIMCO announced the retirement of firm president Jay Jacobs on June 13, 2017, effective at the end of September. His responsibilities will be split by newly appointed co-chief operating officers Robin Shanahan and Peter Strelow. Jacobs will stay on for at least a year as an advisor to CEO Manny Roman, who joined the firm in 2016. Shanahan has been with PIMCO for 10 years and is currently its global head of human resources. Strelow, a 15-year veteran of the firm currently serves as its global chief administrative officer and global head of its funds business group.
PIMCO StocksPLUS® Short A PSSAX
NAV / 1-Day Return
8.49
/
1.07
%
Total Assets
95.0 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.040%
Expense Ratio
1.120%
Fee Level
Low
Longest Manager Tenure
3.52
years
Category
Trading--Inverse Equity
Investment Style
—Min. Initial Investment
1,000
Status
Open
TTM Yield
0.61%
Turnover
206%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PSSAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.