PIMCO RAE Fundamental Advantage PLUS Fund Institutional Class (PFATX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.80
-0.07 (-0.89%)
Jul 11, 2025, 4:00 PM EDT
-2.99%
Fund Assets 425.93M
Expense Ratio 1.33%
Min. Investment $1,000,000
Turnover 443.00%
Dividend (ttm) 0.31
Dividend Yield 3.94%
Dividend Growth 55.74%
Payout Frequency n/a
Ex-Dividend Date Mar 13, 2025
Previous Close 7.87
YTD Return 2.23%
1-Year Return -1.85%
5-Year Return 14.10%
52-Week Low 7.55
52-Week High 8.43
Beta (5Y) -0.01
Holdings 1076
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.

Fund Family PIMCO
Category Equity Market Neutral
Stock Exchange NASDAQ
Ticker Symbol PFATX
Share Class Institutional
Index ICE BofA SOFR Overnight Rate TR USD

Performance

PFATX had a total return of -1.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.35%.

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

72.69% of assets
Name Symbol Weight
UMBS PASS THRU POOLS - FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE FNCL.6.5 6.11 18.69%
REPO BANK AMERICA REPO n/a 14.27%
UMBS PASS THRU POOLS - FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE FNCL.6 6.11 11.58%
UMBS PASS THRU POOLS - FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE FNCL.4 5.11 6.73%
PIMCO FUNDS - PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND n/a 6.40%
UMBS PASS THRU POOLS - FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE FNCL.5.5 5.11 4.55%
UNITED STATES GOVT - TSY INFL IX N/B 07/34 1.875 n/a 4.17%
UMBS PASS THRU POOLS - FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE FNCL.5 5.11 2.62%
UMBS PASS THRU POOLS - FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE FNCL.3 5.11 1.91%
SPTR TRS EQUITY FEDL01+78 JPM n/a 1.77%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Dec 26, 2023 $0.05106 Dec 26, 2023
Full Dividend History