PIMCO StocksPLUS Fund INSTL (PSTKX)

All data as of 05/31/13, unless otherwise indicated.
PIMCO

PIMCO
Objective
Seeks total return which exceeds that of the S&P 500
Primary Portfolio
S&P 500 Index futures and short-term bonds
At a Glance
SymbolPSTKX
CUSIP Number 693390403
Total Fund Assets (in millions) $971.0
Share Class Inception Date 05/13/1993
Dividend Frequency Quarterly
Maximum Sales Charge -
Net Operating Expenses 0.5 %
Total Annual Operating Expenses 0.5 %

Daily Price
NAV Day Return
$9.57 -$0.05 -0.52%
YTD Return
15.46%
As of 06/14/13

Historical Prices

06/11/13

$9.56

06/12/13

$9.47

06/13/13

$9.62
Performance quoted represents past performance and is not a guarantee or a reliable indicator of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Current performance may be lower or higher than average annual returns shown. Performance quoted does not reflect any sales charges, if applicable, and performance would be lower if it did. Click Performance tab for performance current to the most recent month-end.
Fund Overview
An innovative fund that combines passive stock indexing with active bond management

The fund takes an innovative approach to large-cap stock investing by combining passive exposure to the S&P 500 Index through equity index derivatives with an actively managed short-term, diversified, high quality bond portfolio.


Why Invest In This Fund
An enhanced index approach

PIMCO StocksPLUS® Fund seeks to outperform the S&P 500 Index with a similar level of risk. It invests a small portion of the fund’s assets in equity index futures and/or swaps, which provide exposure to S&P 500. The majority of the fund’s assets are then invested in short-term fixed income securities.


Enhanced return potential

In addition to offering broad participation in the growth potential of the S&P 500 Index, the fund offers potentially lower volatility of excess returns than strategies that rely on concentrated stock positions.


Time-tested management expertise

PIMCO, one of the largest investment managers in the country, pioneered the StocksPLUS® strategy in 1986 to capitalize on its core strengths of active fixed income and efficient equity derivatives management. Today, PIMCO manages StocksPLUS® portfolios across a range of objectives.

View All Fund Literature

Managers

Bill Gross, CFA

Mr. Gross is a founder, managing director and co-CIO of PIMCO based in the Newport Beach office. He has been with PIMCO since he co-founded the firm in 1971 and oversees the management of more than $1.9 trillion of securities. He is the author of numerous articles on the bond market, as well as the book, "Everything You’ve Heard About Investing is Wrong," published in 1997. Among the awards he has received, Morningstar named Mr. Gross and his investment team Fixed Income Manager of the Decade for 2000-2009 and Fixed Income Manager of the Year for 1998, 2000, and 2007 (the first three-time recipient). He received the Bond Market Association’s Distinguished Service Award in 2000 and became the first portfolio manager inducted into the Fixed Income Analysts Society's hall of fame in 1996. Mr. Gross is a seven-time Barron's Roundtable panelist (2005-2011), appearing in the annual issue featuring the industry's top investment experts, and he received the Money Management Lifetime Achievement Award from Institutional Investor magazine in 2011. In a survey conducted by Pensions and Investments magazine in 1993, he was recognized by his peers as the most influential authority on the bond market in the U.S. He has 43 years of investment experience and holds an MBA from the Anderson School of Management at the University of California, Los Angeles. He received his undergraduate degree from Duke University.

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund’s prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor or PIMCO representative.  Click here for a complete list of the PIMCO Funds prospectuses and summary prospectuses. Please read them carefully before you invest or send money.

The Morningstar Fund Manager of the Decade award is based on risk-adjusted results over the past 10 years (2000-2009), and other considerations, including the strength of the manager, strategy, and stewardship. The Morningstar Fixed Income Fund Manager of the Year award (1998, 2000, 2007) is based on the strength of the manager, performance, strategy, and firm's stewardship. The Bond Market Associate Distinguished Service (2000) award recognizes the accomplishments of individuals who have had a significant impact on the bond market through their service as public officials as or as members of the private sector. The Money Management Lifetime Achievement award (2011) is based on market intelligence, performance data and risk management information received from the industry following a public call for nominations. The winner was selected by the editors of the magazine based on the results of a survey of U.S. institutional investors.

A word about risk:
Investing in the bond market is subject to certain risks including market, interest-rate, issuer, credit, and inflation risk; investments may be worth more or less than the original cost when redeemed. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market’s perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Equities may decline in value due to both real and perceived general market, economic, and industry conditions. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.

Annual Report of Proxy Voting Records, Form N-PX »
Quarterly Schedule of Portfolio Holdings, Form N-Q »

Past performance is not a guarantee or a reliable indicator of future results. For funds with at least a 3-yr history, Morningstar calculates a Morningstar Rating based on a risk-adjusted return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees) with an emphasis on downward variations and consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating is a weighted average of the performance figures for its 3-, 5- and 10-yr (if applicable) Morningstar Rating metrics. Morningstar, Inc.® 2011. All rights reserved. The information contained herein; (1) is proprietary to Morningstar and/or its affiliates; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Hollow stars represent a class of shares with inception dates that is different than the inception date of the fund. For the period prior to the inception date of these shares, performance information is based on the performance of the fund’s Institutional Class shares, adjusted to reflect the actual distribution and/or service (12b-1) fees and other expenses paid by the newer share class.


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