About PWLIX
PIMCO RAE Worldwide Long/Short PLUS Fund Institutional Class is a **mutual fund** designed to pursue long-term capital appreciation alongside prudent risk management. The fund utilizes a long/short equity strategy, seeking to capitalize on both rising and falling securities across global markets. Its approach involves taking long positions in undervalued stocks and short positions in overvalued ones, aiming to generate returns regardless of broader market movements. Notably, the fund’s investment style emphasizes large value equities, and its portfolio reflects significant positions in structured equity and derivative instruments, as well as government and securitized debt. The fund is distinctively diversified through exposures to multiple regions and asset classes, and consistently maintains a high turnover rate, indicative of active management. With an institutional share class structure, relatively low expense ratio among peers, and a minimum initial investment threshold suitable for larger investors, it serves as a sophisticated vehicle within the long-short equity category, often utilized by institutions or high-net-worth individuals to seek alpha and risk mitigation in diversified portfolios.
Fund Family PIMCO
Category Long-Short Equity
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PWLIX
Share Class Institutional
Index ICE BofA SOFR Overnight Rate TR USD
PWLIX had a total return of 11.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.32%.
