PIMCO Preferred and Capital Securities Fund Institutional Class (PFINX)
| Fund Assets | 704.08M |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.07% |
| Dividend Growth | 0.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 12, 2026 |
| Previous Close | 9.78 |
| YTD Return | 1.72% |
| 1-Year Return | 8.48% |
| 5-Year Return | 11.42% |
| 52-Week Low | 9.31 |
| 52-Week High | 9.94 |
| Beta (5Y) | 0.38 |
| Holdings | 515 |
| Inception Date | Apr 13, 2015 |
About PFINX
PIMCO Preferred and Capital Securities Fund Institutional Class is a mutual fund designed to provide maximum total return, consistent with prudent investment management, through a diversified portfolio primarily focused on preferred securities and capital securities issued by both U.S. and non-U.S. financial institutions. Its principal objective is to capture income and capital appreciation opportunities from these hybrid fixed-income instruments, which often carry characteristics of both equity and debt. Notably, the fund invests at least 80% of its assets in these preferred and capital securities, with a minimum 25% allocation in preferred securities under normal market conditions. Capital securities within the portfolio include instruments used by financial institutions to meet regulatory capital requirements, such as subordinated debt and perpetual bonds. The fund may also allocate up to 20% to common stocks and can hold contingent convertible securities to enhance diversification. Managed by PIMCO, this institutional-class vehicle emphasizes credit and interest rate sensitivity management, with the majority of holdings concentrated in investment-grade and high-quality issuers across North America and Europe. The fund typically pays income on a quarterly basis and is utilized by investors seeking exposure to preferred stock markets, aiming to balance yield and capital preservation within a professionally managed framework.
Performance
PFINX had a total return of 8.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.16%.
Top 10 Holdings
20.23% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 5.17% |
| BANK OF AMERICA CORPORATION - BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | BAC.V5.875 PERP FF | 2.53% |
| JP MORGAN CHASE & CO - JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | JPM.V6.5 PERP OO | 2.22% |
| UBS GROUP AG JR SUBORDINA 144A 12/99 VAR | UBS.V9.25 PERP 144A | 1.68% |
| CITIGROUP INC JR SUBORDINA 12/99 VAR | C.V6.95 PERP FF | 1.56% |
| BNP PARIBAS JR SUBORDINA 144A 12/99 VAR | BNP.V8 PERP 144A | 1.47% |
| PNC FINANCIAL SERVICES GROUP INC - PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | PNC.V3.4 PERP T | 1.43% |
| WELLS FARGO & COMPANY - WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | WFC.V6.85 PERP | 1.41% |
| INTESA SANPAOLO SPA JR SUBORDINA REGS 12/99 VAR | n/a | 1.39% |
| DEPOSITORY TRUST & CLEARING CORP (DTCC) - DEPOSITORY TRUST + CLEAR JR SUBORDINA 144A 12/99 VAR | DEPTCC.V3.375 PERP D | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 12, 2026 | $0.12572 | Mar 12, 2026 |
| Dec 26, 2025 | $0.12708 | Dec 26, 2025 |
| Sep 11, 2025 | $0.12128 | Sep 11, 2025 |
| Jun 12, 2025 | $0.12168 | Jun 12, 2025 |
| Mar 13, 2025 | $0.1206 | Mar 13, 2025 |
| Dec 26, 2024 | $0.13174 | Dec 26, 2024 |