PIMCO Preferred and Capital Secs I2 (PFPNX)

Fund Assets	681.70M
Expense Ratio	1.23%
Min. Investment	$1,000,000
Turnover	32.00%
Dividend (ttm)	0.49
Dividend Yield	5.11%
Dividend Growth	1.22%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 11, 2026

Previous Close	9.67
YTD Return	2.31%
1-Year Return	5.43%
5-Year Return	9.61%
52-Week Low	9.48
52-Week High	9.91
Beta (5Y)	0.47
Holdings	515
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.

• Fund Family: PIMCO
• Category: Preferred Stock
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PFPNX
• Share Class: I-2
• Index: Index is not available on Lipper Database

Performance

PFPNX had a total return of 5.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.31%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PFINX	Institutional Class	1.13%
PFNNX	I-3	1.28%
PFANX	Class A	1.48%
PFCJX	Class C	2.23%

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
Jun 11, 2026	$0.12629	Jun 11, 2026
Mar 12, 2026	$0.12444	Mar 12, 2026
Dec 26, 2025	$0.12483	Dec 26, 2025
Sep 11, 2025	$0.11865	Sep 11, 2025
Jun 12, 2025	$0.11992	Jun 12, 2025
Mar 13, 2025	$0.11951	Mar 13, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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