PIMCO StocksPLUS Fund INSTL (PSTKX)

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) $1,085.6
Share Class Inception Date 05/13/1993
Dividend Frequency Quarterly
Maximum Sales Charge -
Net Operating Expenses 0.5 %

Daily Price

NAV Day Return
$9.56 -$0.07 -0.73%
YTD Return
1.59%
As of 03/31/15

Historical Prices

03/26/15

$9.49

03/27/15

$9.51

03/30/15

$9.63

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
Aims to consistently outperform the S&P 500 Index

The Lipper-Award-winning fund looks to enhance the returns of the S&P 500 Index by investing in equity-linked instruments alongside an actively managed fixed income portfolio, generating both the return on the stocks plus the returns of the bond strategy.


Why Invest In This Fund
Enhanced equity fund

Traditional index funds aim to match the performance of a market index by investing in all, or a representative sample, of the stocks in the index. PIMCO StocksPLUS® Fund goes further, combining passive exposure to the S&P 500 with active bond management in an effort to outperform the index.


Increased return potential

The fund invests a small portion of its assets in index-linked instruments, providing full exposure to the S&P 500. The majority of the fund’s assets are then invested in a flexible bond portfolio, aiming to add the returns of the bonds to the returns of the stocks across various market environments.


Award winning performance

PIMCO has been recognized numerous times by Lipper as Large Company Equity Manager of the Year for the time tested and consistent outperformance of our StocksPLUS strategies.


Our Expertise

PIMCO, one of the largest investment managers in the world, pioneered the StocksPLUS strategy in 1986. StocksPLUS strategies capitalize on PIMCO’s core strengths of investment analysis and risk management by accessing PIMCO’s global resources. Today, we manage StocksPLUS portfolios across a range of objectives.

Managers

Sudi N. Mariappa

Mr. Mariappa is a managing director and generalist portfolio manager in the Newport Beach office. He rejoined PIMCO in 2014 from GLG, a London-based hedge fund, where he was a managing director, developing and managing fixed income funds. Previously at PIMCO, Mr. Mariappa was a managing director and head of global portfolio management. He also served as a senior advisor to PIMCO’s portfolio management group from 2009-2011. Prior to joining PIMCO in 2000, he was a managing director for Merrill Lynch in Tokyo, overseeing Japanese government bond and swap derivative trading. He has 27 years of investment experience and holds an MBA, as well as a bachelor's degree in chemical engineering, from Cornell 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 investment professional 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.

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.

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.® 2015. 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.


PIMCO