PIMCO RAE Fundamental Advantage PLUS Fund (PFATX)
| Fund Assets | 380.63M |
| Expense Ratio | 1.33% |
| Min. Investment | $1,000,000 |
| Turnover | 666.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.97% |
| Dividend Growth | -34.49% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 11, 2025 |
| Previous Close | 7.86 |
| YTD Return | 3.41% |
| 1-Year Return | -1.74% |
| 5-Year Return | 13.38% |
| 52-Week Low | 7.55 |
| 52-Week High | 8.22 |
| Beta (5Y) | 0.01 |
| Holdings | 892 |
| Inception Date | Feb 29, 2008 |
About PFATX
PIMCO RAE Fundamental Advantage PLUS Fund Institutional Class is an open-end mutual fund focused on delivering maximum total return with an emphasis on prudent risk management. This fund employs a market neutral strategy by taking long positions in a quantitatively-selected portfolio of U.S. equities and short exposure to the S&P 500 Index, aiming to generate returns that are less correlated with broad equity markets. Co-managed by Pacific Investment Management Company and Research Affiliates, the fund leverages systematic models, favoring value and momentum stocks across all market capitalizations, and utilizes derivatives such as futures and swaps for both equity and alternative exposures. The design allows the fund to seek consistent returns regardless of broad market direction, making it part of the equity market neutral category. Additionally, it integrates a bond alpha strategy to enhance absolute returns. The fund benchmarks its performance against multiple indices, including the ICE BofA SOFR Overnight Rate Index and the Lipper Alternative Equity Market Neutral Funds Average. This approach appeals to institutional investors seeking diversification and lower market beta within a risk-controlled, quantitatively-driven environment.
Performance
PFATX had a total return of -1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.39%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PTFAX | Class A | 1.73% |
Top 10 Holdings
70.37% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE | FNCL.6.5 8.11 | 20.59% |
| REPO BANK AMERICA REPO | n/a | 15.29% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE | FNCL.6 8.11 | 12.75% |
| UNITED STATES GOVT - TREASURY BILL 07/25 0.00000 | B.0 07.10.25 | 4.74% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE | FNCL.4 8.11 | 3.86% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE | FNCL.5 8.11 | 3.49% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE | FNCL.4.5 8.11 | 3.05% |
| CITIGROUP REPO REPO 5807 | n/a | 2.47% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE | FNCL.3 7.11 | 2.10% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE | FNCL.5.5 8.11 | 2.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 11, 2025 | $0.01989 | Sep 11, 2025 |
| Mar 13, 2025 | $0.11324 | Mar 13, 2025 |
| Dec 26, 2024 | $0.10143 | Dec 26, 2024 |
| Sep 12, 2024 | $0.09282 | Sep 12, 2024 |
| Jun 13, 2024 | $0.09392 | Jun 13, 2024 |
| Mar 14, 2024 | $0.12024 | Mar 14, 2024 |