About PKAIX
PIMCO RAE US Fund Institutional Class is an actively managed mutual fund designed to deliver long-term capital appreciation by primarily investing in U.S. equities. Distinguished by its systematic investment approach, the fund utilizes a proprietary strategy developed by Research Affiliates, LLC, which focuses on selecting stocks from a broad U.S. company universe that meet specific liquidity and capacity criteria. By adhering to a quantitative, rules-based methodology, the fund aims to capture value and contrarian opportunities, often favoring companies with strong fundamental characteristics that may be overlooked by traditional benchmarks.
This fund is categorized within the large value segment and typically maintains a diversified portfolio across key sectors like technology, consumer defensive, healthcare, and energy. Its portfolio includes prominent names such as Apple Inc., Walmart Inc., and Cisco Systems Inc. Notably, the fund maintains a cost advantage with a low expense ratio and a relatively high portfolio turnover rate, which highlights its adaptive strategy. With a minimum investment threshold set at $1,000,000 for institutional class shares, the PIMCO RAE US Fund Institutional Class plays a significant role for institutional investors seeking systematic U.S. equity exposure with a focus on value and factor-based strategies.
Fund Family PIMCO
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol PKAIX
Share Class Institutional Class
Index S&P 500 TR
PKAIX had a total return of 7.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.77%.
