About PXTIX
The PIMCO RAE PLUS Fund Institutional Class is a mutual fund designed to outperform the Russell 1000 Value Index by combining quantitative equity selection with a complementary fixed income strategy. The fund primarily invests in U.S. equities, using the RAE (Research Affiliates Equity) methodology, which weights stocks based on fundamental metrics such as sales, cash flows, book value, and dividends rather than traditional market capitalization. This approach aims to reduce the overweighting of overpriced stocks and underweighting of undervalued ones, promoting a more disciplined value orientation.
In addition to its systematic equity selection, the fund deploys an absolute return bond alpha strategy, adding diversification and potential sources of return beyond traditional equities. The portfolio can allocate up to 25% of its assets to emerging market securities and limits its foreign currency exposure to 35% of total assets, supporting broader global diversification within a predominantly U.S.-focused mandate.
As part of the large value category, the PIMCO RAE PLUS Fund Institutional Class is tailored for institutional investors, featuring a high minimum investment and an expense ratio in line with institutional offerings. Its quarterly dividend distribution, active risk management, and multi-asset approach make it a distinctive vehicle within the value investing universe.
Fund Family PIMCO
Category Large Value
Performance Rating Above Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol PXTIX
Share Class Institutional
Index Russell 1000 Value TR
PXTIX had a total return of 36.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.06%.
