PIMCO Preferred and Capital Securities Fund (PFPNX)
| Fund Assets | 810.02M |
| Expense Ratio | 1.23% |
| Min. Investment | $1,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.11% |
| Dividend Growth | 4.83% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 11, 2025 |
| Previous Close | 9.53 |
| YTD Return | 3.02% |
| 1-Year Return | 2.25% |
| 5-Year Return | 13.98% |
| 52-Week Low | 8.98 |
| 52-Week High | 9.62 |
| Beta (5Y) | n/a |
| Holdings | 243 |
| Inception Date | Apr 13, 2015 |
About PFPNX
PIMCO Preferred and Capital Securities Fund Class I-2 is an actively managed mutual fund focused on income-oriented credit markets. Its primary objective is to seek maximum total return, consistent with prudent risk management, by investing predominantly in preferred securities and other capital securities issued largely by financial institutions and related sectors. The portfolio typically allocates at least 80% of assets to these instruments, drawing on the structural features of preferreds—such as hybrid debt‑equity characteristics and priority in issuer capital structures—to pursue income and potential capital appreciation. Managed by PIMCO’s global credit team, the strategy may use derivatives for efficient exposure and risk management, and it maintains a diversified holding base across issuers and structures. The fund’s role in the market is to provide specialized access to the preferred and capital securities universe, offering investors a vehicle that targets cash flow generation with diversification benefits relative to traditional corporate bonds and equities. It is designed for institutions and sophisticated investors seeking dedicated exposure to this niche of the credit spectrum within a multi-asset or fixed income allocation.
Performance
PFPNX had a total return of 2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.15%.
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 | $0.11865 | Sep 11, 2025 |
| Jun 12, 2025 | $0.11992 | Jun 12, 2025 |
| Mar 13, 2025 | $0.11951 | Mar 13, 2025 |
| Dec 26, 2024 | $0.13025 | Dec 26, 2024 |
| Sep 12, 2024 | $0.11855 | Sep 12, 2024 |
| Jun 13, 2024 | $0.11893 | Jun 13, 2024 |