About PSKIX
PIMCO StocksPLUS International Fund (Unhedged) Institutional Class is an actively managed mutual fund designed to seek total return that exceeds the performance of the MSCI EAFE Index, its primary benchmark. Targeting institutional investors, the fund employs a distinctive strategy of investing in non-U.S. equity derivatives—such as futures, options, and swaps—rather than directly holding international stocks. These derivative exposures are supported by a collateral portfolio of fixed income instruments, which is managed with flexibility across duration, sector, and credit quality to enhance risk-adjusted returns.
The fund focuses on major developed markets outside the United States, encompassing regions like Europe, Australasia, and the Far East. Its approach aims to provide broad international diversification while leveraging PIMCO’s expertise in both equity and fixed income markets. As a member of the foreign large blend category, the fund typically balances growth and value styles and invests across different market capitalizations. Known for its relatively high turnover and quarterly income distributions, the fund plays a significant role for investors seeking diversified exposure to international equities with the added potential benefits from active fixed income management and derivative strategies.
Fund Family PIMCO
Category Foreign Large Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PSKIX
Share Class Institutional
Index MSCI EAFE NR USD
PSKIX had a total return of 35.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 24.76%.
