PIMCO Access Income Fund
PAXS
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Jan 27, 2022
- CIK
- 0001886878
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO Access Income Fund (NYSE: PAXS) is a closed-end fixed income fund managed by Pacific Investment Management Company LLC (PIMCO). The Fund seeks current income as its primary objective and capital appreciation as a secondary objective through a dynamic asset allocation strategy across global public and private credit markets; this includes corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, and other fixed-, variable-, and floating-rate income-producing securities of U.S. and foreign issuers, including emerging markets and real estate-related investments. It employs a fundamental analysis approach with bottom-up and top-down securities selection and may invest without limitation in investment grade or below investment grade (high yield) debt, including stressed, distressed, or defaulted issuers. Launched in 2021 and domiciled in the United States, the Fund is headquartered at PIMCO's principal offices in Newport Beach, California. It targets income-oriented investors seeking exposure to diverse fixed income sectors globally, with portfolio management led by senior PIMCO professionals including Daniel J. Ivascyn, Alfred T. Murata, Joshua Anderson, Sonali Pier, Jing Yang, and Jamie M. Weinstein. In January 2022, the Fund completed its initial public offering, raising $866 million by selling 43.3 million common shares at $20 per share, with an option for underwriters to purchase additional shares that could have increased proceeds to nearly $996 million; BofA Securities, Morgan Stanley, UBS Investment Bank, and Wells Fargo Securities served as lead underwriters. PIMCO covered all organizational and offering costs from its own assets. Recent SEC filings through 2025 reflect ongoing operations, including monthly portfolio reports, proxy statements, and Schedule 13G amendments indicating sustained investor interest, though no major acquisitions, mergers, or strategic shifts specific to PAXS were reported in the last 1-2 years.