PIMCO Income Fund Institutional Class (PIMIX)
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PIMCO Income Fund Institutional Class Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SBI Samuel Bridgers, III Redwood Wealth Management Group LLC | 49,440 | $533,413.56 | $536,424 | $3,010.44 | 0.56% |
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PIMCO Income Fund Institutional Class Profile
| NASDAQ Exchange | US Country |
Overview
The fund is designed to cater to investors seeking diversified exposure to the fixed income market. With a focus on investing at least 65% of its assets in a multifaceted portfolio of Fixed Income Instruments spanning various maturities, this fund offers a dynamic approach to income generation. The instruments may include, but are not limited to, forwards or derivatives such as options, futures contracts, or swap agreements. This strategic diversity allows for a broad engagement with the fixed income universe, aiming to optimize returns while managing risk.
In addition to its core holdings, the fund exhibits flexibility in its investment strategy by allocating up to 50% of its total assets to high yield securities. These securities are identified as being below investment grade, as rated by major rating agencies such as Moody's, S&P, or Fitch. For securities that are unrated, the fund relies on an internal assessment by PIMCO to determine their suitability for investment. This portion of the portfolio represents a higher risk-return spectrum, aiming to enhance the overall yield of the fund through judicious selection and management of below investment grade assets.
Products and Services
- Multi-Sector Portfolio of Fixed Income Instruments
This core offering involves a diversified portfolio primarily made up of Fixed Income Instruments with varying maturities. Utilizing an array of securities, including forwards or derivatives like options, futures contracts, or swap agreements, this product aims to cater to investors looking for income generation opportunities and portfolio diversification.
- High Yield Securities Investment
Capitalizing on the higher risk-return profile of below investment grade securities, this segment of the fund's strategy involves investing up to 50% of its total assets in high yield securities. These are either rated below investment grade by recognized rating agencies (Moody's, S&P, or Fitch) or assessed internally by PIMCO for those that are unrated. It's a strategy geared towards investors seeking to enhance their income through higher-yielding assets.
