PIMCO Preferred and Capital Securities Fund (PFNNX)
| Fund Assets | 809.98M |
| Expense Ratio | 1.28% |
| Min. Investment | $1,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.95% |
| Dividend Growth | 3.70% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 11, 2025 |
| Previous Close | 9.74 |
| YTD Return | 5.63% |
| 1-Year Return | 4.16% |
| 5-Year Return | 16.23% |
| 52-Week Low | 8.95 |
| 52-Week High | 9.76 |
| Beta (5Y) | 0.39 |
| Holdings | 243 |
| 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 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.22%.
Top 10 Holdings
20.14% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 4.50% |
| BANK OF AMERICA CORPORATION - BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | BAC.V5.875 PERP FF | 3.29% |
| JP MORGAN CHASE & CO - JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | JPM.V6.5 PERP OO | 2.02% |
| UBS GROUP AG UBS GROUP AG | UBS.V9.25 PERP 144A | 1.72% |
| CITIGROUP INC JR SUBORDINA 12/99 VAR | C.V6.95 PERP FF | 1.62% |
| ROYAL BANK OF CANADA JR SUBORDINA 05/84 VAR | RY.V7.5 05.02.84 | 1.59% |
| CHARLES SCHWAB CORP/THE - CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR | SCHW.V4 PERP H | 1.38% |
| BNP PARIBAS BNP PARIBAS | BNP.V8 PERP 144A | 1.35% |
| LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR | n/a | 1.34% |
| INTESA SANPAOLO SPA JR SUBORDINA REGS 12/99 VAR | n/a | 1.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 12, 2024 | $0.11858 | Sep 12, 2024 |
| Jun 13, 2024 | $0.11892 | Jun 13, 2024 |