PIMCO RAE Worldwide Long/Short PLUS Fund Class C (PWLEX)
| Fund Assets | 443.89M |
| Expense Ratio | 2.57% |
| Min. Investment | $1,000 |
| Turnover | 369.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 14.65% |
| Dividend Growth | 121.73% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 7.50 |
| YTD Return | 0.81% |
| 1-Year Return | -0.56% |
| 5-Year Return | 30.21% |
| 52-Week Low | 7.30 |
| 52-Week High | 8.34 |
| Beta (5Y) | n/a |
| Holdings | 1151 |
| Inception Date | Aug 23, 2019 |
About PWLEX
PIMCO RAE Worldwide Long/Short PLUS Fund Class C is a mutual fund designed to pursue both capital preservation and appreciation by investing primarily in a diversified portfolio of global companies. The fund employs a long/short equity strategy, allowing it to take positions in securities it expects to outperform (long) and underperform (short), which provides flexibility in various market environments. Its portfolio is characterized by exposure to large value equities and derivatives, as well as government and securitized debt instruments, highlighting its multi-asset, global approach. This strategy aims to reduce overall volatility while seeking attractive total returns, and its holdings span across different regions and industries, enabling broad diversification. The fund is actively managed by PIMCO, a well-known asset manager, and targets investors looking for alternative strategies that differ from traditional long-only equity funds. By combining fundamental research with quantitative techniques, the fund seeks systematic sources of return while maintaining prudent risk controls, making it a notable option in the long-short equity category.
Performance
PWLEX had a total return of -0.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.89%.
Top 10 Holdings
70.02% of assets| Name | Symbol | Weight |
|---|---|---|
| REPO BANK AMERICA REPO | n/a | 18.90% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE | FNCL.6.5 6.11 | 15.36% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE | FNCL.6 6.11 | 10.59% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE | FNCL.4 5.11 | 7.30% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE | FNCL.5.5 5.11 | 4.85% |
| UNITED STATES GOVT - TSY INFL IX N/B 07/34 1.875 | n/a | 4.04% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE | FNCL.5 5.11 | 2.59% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE | FNCL.5 4.11 | 2.43% |
| TORO EUROPEAN CLO 6 DAC 6A - TORO EUROPEAN CLO TCLO 6A AR 144A | n/a | 2.00% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE | FNCL.4.5 5.11 | 1.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 12, 2025 | $0.25078 | Jun 12, 2025 |
| Mar 13, 2025 | $0.04255 | Mar 13, 2025 |
| Dec 26, 2024 | $0.62085 | Dec 26, 2024 |
| Sep 12, 2024 | $0.18433 | Sep 12, 2024 |
| Jun 13, 2024 | $0.12648 | Jun 13, 2024 |
| Dec 26, 2023 | $0.36893 | Dec 26, 2023 |