PIMCO GNMA and Government Securities Fund Class I-2 (PPGNX)
| Fund Assets | 1.31B |
| Expense Ratio | 1.56% |
| Min. Investment | $1,000,000 |
| Turnover | 1,358.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.17% |
| Dividend Growth | 10.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.31 |
| YTD Return | 3.38% |
| 1-Year Return | 0.91% |
| 5-Year Return | -4.30% |
| 52-Week Low | 9.02 |
| 52-Week High | 9.68 |
| Beta (5Y) | n/a |
| Holdings | 1873 |
| Inception Date | Apr 30, 2008 |
About PPGNX
PIMCO GNMA and Government Securities Fund Class I-2 is an open-end mutual fund specializing in U.S. government-backed fixed income securities. Its primary focus is investing in a diversified portfolio of mortgage-backed securities issued by the Government National Mortgage Association (GNMA), alongside other securities issued or backed by U.S. government agencies. The fund targets the intermediate government bond segment, typically holding bonds with durations between 3.5 and 6.0 years, aiming to minimize credit risk by emphasizing securities with explicit or implicit government guarantees. With hundreds of positions and monthly income distributions, the fund is designed to provide steady income and capital preservation, appealing to investors seeking exposure to the U.S. mortgage and government securities markets. Managed by PIMCO, the fund has been active since 2008 and is noted for its substantial asset base, above-average performance ratings, and significant monthly dividend yield relative to its category. It plays a key role in fixed income strategies for portfolios requiring high credit quality and government-backed risk exposure.
Performance
PPGNX had a total return of 0.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.55%.
Top 10 Holdings
107.12% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE | FNCL.5.5 4.11 | 28.76% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 2 JUMBOS | G2SF.2 5.13 | 13.24% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 3 JUMBOS | n/a | 12.92% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 4 JUMBOS | G2SF.4 5.11 | 8.79% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE | FNCL.6 5.11 | 7.99% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE | FNCL.6 6.11 | 7.88% |
| FHLMC PASS THRU POOLS - FED HM LN PC POOL SD8494 FR 01/55 FIXED 5.5 | FR.SD8494 | 7.87% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 2 JUMBOS | G2SF.2 4.13 | 7.18% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 3 JUMBOS | G2SF.3 5.11 | 6.79% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 5 JUMBOS | G2SF.5 5.11 | 5.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03171 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0329 | Jun 30, 2025 |
| May 30, 2025 | $0.0329 | May 30, 2025 |
| Apr 30, 2025 | $0.03143 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03029 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03433 | Feb 28, 2025 |