PIMCO RAE PLUS Fund Class A
PIXAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PIMCO Investments LLC distributor MA United States of America
- IPO Date
- Jul 1, 2005
- CIK
- 0000810893
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO RAE PLUS Fund Class A (PIXAX) is an open-end mutual fund managed by Pacific Investment Management Company LLC (PIMCO) that seeks total return exceeding that of the Russell 1000 Value Index or S&P 500 Index under normal circumstances by obtaining exposure to a portfolio of stocks of U.S. companies; it complements this equity exposure through investments in fixed income instruments including agency mortgage-backed securities, asset-backed securities, government-related bonds, and derivatives such as total return swaps, futures, and credit default swaps indexed to equity-linked notes. The fund invests across value and growth stocks of companies with diversified market capitalizations, primarily large-cap, while employing derivatives to achieve targeted exposures; it maintains significant allocations to cash equivalents, U.S. bonds, and non-U.S. bonds for enhanced return potential and risk management. Launched on June 30, 2005, and headquartered at 840 Newport Center Drive, Suite 100, Newport Beach, California, the fund operates principally in the United States and targets institutional and retail investors seeking large value equity strategies with fixed income enhancement. The fund underwent a name change from PIMCO RAE Fundamental PLUS Fund to PIMCO RAE PLUS Fund effective July 30, 2018, reflecting a streamlining of its branding within PIMCO's RAE (Research Affiliates Fundamental) series. In late 2024, related PIMCO RAE US Fund and PIMCO RAE US Small Fund acquired substantially all assets and liabilities from corresponding privately offered funds managed by Research Affiliates, LLC, bolstering the broader RAE platform's scale and integration, though PIXAX itself remained unaffected by these transactions. No major acquisitions, partnerships, funding rounds, or operational reorganizations specific to PIXAX have been reported in the last 1-2 years; the fund continues quarterly dividend distributions with a recent yield around 9% and maintains a net expense ratio of approximately 1.19% for Class A shares, including a 3.75% front-end load.