About PCLIX
The PIMCO CommoditiesPLUS Strategy Fund Institutional Class is a mutual fund designed to offer broad-based exposure to the commodities market. Its primary objective is to achieve a total return that exceeds its benchmark while adhering to prudent investment management principles. The fund invests in a diverse mix of commodity-linked derivative instruments—such as swaps, futures, options on futures, and commodity index-linked notes—while backing these positions with an actively managed, low-volatility portfolio of fixed income instruments. These underlying fixed income holdings include bonds and debt securities issued by both U.S. and international entities, providing a layer of income and potential risk mitigation.
This fund targets the full spectrum of the commodities sector, encompassing energy, metals, grains, livestock, and soft commodities like coffee and sugar. By diversifying across various commodity types and using derivatives, it seeks to capitalize on movements in commodity prices without requiring direct physical ownership. With a focus on institutional investors, the fund is notable for its size, active management team, and its role in serving as a portfolio diversifier and inflation hedge for long-term asset allocators in the financial markets.
Fund Family PIMCO
Category Commodities Broad Basket
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PCLIX
Share Class Institutional Class
Index Index is not available on Lipper Database
PCLIX had a total return of 7.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 21.14%.
