PIMCO Preferred and Capital Securities Fund Class I-3 (PFNNX)
| Fund Assets | 830.85M |
| Expense Ratio | 1.28% |
| Min. Investment | $1,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.10% |
| Dividend Growth | -0.48% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 12, 2026 |
| Previous Close | 9.45 |
| YTD Return | -0.92% |
| 1-Year Return | 6.09% |
| 5-Year Return | 10.19% |
| 52-Week Low | 8.95 |
| 52-Week High | 9.88 |
| Beta (5Y) | 0.40 |
| Holdings | 361 |
| Inception Date | Apr 27, 2018 |
About PFNNX
PIMCO Preferred and Capital Securities Fund Class I-3 is an open-end mutual fund focused on maximizing total return through prudent investment management. The fund primarily invests at least 80% of its assets in a broad mix of preferred securities and capital securities, which are hybrid instruments typically blending characteristics of both equities and bonds. By targeting securities issued predominantly by financial institutions, including banks and insurance companies, the fund offers exposure to asset classes integral to the stability of global capital markets. The portfolio is diversified across more than 200 holdings, largely composed of junior subordinated debt and preferred shares. Notably, preferred securities often provide regular income while carrying unique risks that blend features of stock volatility and bond sensitivity to interest rates. Launched in 2018, the fund also utilizes derivatives for hedging or strategic positioning and distributes income quarterly. With its emphasis on the preferred and capital securities segment, the fund serves institutional and high-net-worth investors seeking a balance of income generation and risk diversification within the broader fixed-income universe.
Performance
PFNNX had a total return of 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.
Top 10 Holdings
80.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Pimco Capital Securities Fd (Cayman) Ltd | n/a | 16.45% |
| EUROPEAN MONETARY UNION EURO Purchased | n/a | 13.03% |
| 5 Year Treasury Note Future Mar 26 | n/a | 12.67% |
| Ultra 10 Year US Treasury Note Future Mar 26 | n/a | 7.65% |
| BRITISH POUND STERLING Purchased | n/a | 6.77% |
| Ultra US Treasury Bond Future Mar 26 | n/a | 6.29% |
| Pimco Fds | n/a | 5.20% |
| RFR GBP SONIO/3.75000 09/17/25-5Y LCH Receive | n/a | 4.67% |
| RFR USD SOFR/3.25000 03/19/25-10Y LCH Receive | n/a | 4.54% |
| Bank of America Corp. 5.875% | BAC.V5.875 PERP FF | 2.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 12, 2026 | $0.12296 | Mar 12, 2026 |
| Dec 26, 2025 | $0.12305 | Dec 26, 2025 |
| Sep 11, 2025 | $0.11795 | Sep 11, 2025 |
| Jun 12, 2025 | $0.11838 | Jun 12, 2025 |
| Mar 13, 2025 | $0.11793 | Mar 13, 2025 |
| Dec 26, 2024 | $0.12922 | Dec 26, 2024 |