PIMCO RAE Worldwide Long/Short PLUS Fund I-2 (PWLMX)
| Fund Assets | 443.89M |
| Expense Ratio | 1.52% |
| Min. Investment | $1,000,000 |
| Turnover | 369.00% |
| Dividend (ttm) | 1.19 |
| Dividend Yield | 15.67% |
| Dividend Growth | 115.74% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 12, 2025 |
| Previous Close | 7.58 |
| YTD Return | 0.80% |
| 1-Year Return | -0.41% |
| 5-Year Return | 35.93% |
| 52-Week Low | 7.37 |
| 52-Week High | 8.43 |
| Beta (5Y) | n/a |
| Holdings | 1151 |
| Inception Date | Aug 23, 2019 |
About PWLMX
PIMCO RAE Worldwide Long/Short PLUS Fund; Class I-2 Shares is an alternative equity mutual fund managed by PIMCO, with a primary focus on achieving long-term capital appreciation through prudent investment management. The fund employs a long/short equity strategy, which involves obtaining long exposure to proprietary equity indexes, complemented by short exposures to certain capitalization-weighted equity indexes using derivatives. This approach seeks to capture value from both rising and falling markets by tactically managing global equity positions. The fund is notable for its global diversification, typically holding positions across a wide range of industries and regions, with a portfolio consisting of over 1,000 holdings. It also utilizes various derivative instruments and may invest in government securities and securitized products for hedging and additional return generation. The fund generally targets institutional investors, as indicated by its high minimum investment requirement and its classification as an I-2 share class. As an alternative strategy within the long-short equity category, the fund serves as a risk-managed solution for investors seeking diversification beyond traditional long-only equity exposure, and it plays a significant role in portfolios looking to mitigate market volatility while pursuing capital growth.
Performance
PWLMX had a total return of -0.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.21%.
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 | $0.26736 | Jun 12, 2025 |
| Mar 13, 2025 | $0.06237 | Mar 13, 2025 |
| Dec 26, 2024 | $0.65096 | Dec 26, 2024 |
| Sep 12, 2024 | $0.20689 | Sep 12, 2024 |
| Jun 13, 2024 | $0.14559 | Jun 13, 2024 |
| Dec 26, 2023 | $0.39499 | Dec 26, 2023 |