PIMCO StocksPLUS Small Fund Class INSTL
PSCSX
NASDAQ- -
USD
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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
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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
- Address
- PIMCO Investments LLC distributor MA United States of America
- IPO Date
- Apr 3, 2006
- CIK
- 0000810893
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO StocksPLUS Small Fund Class INSTL (PSCSX) is an open-end mutual fund that seeks total return exceeding that of the Russell 2000 Index through investments in Russell 2000 Index derivatives backed by a diversified portfolio of actively managed Fixed Income Instruments, including bonds, debt securities, mortgage- or asset-backed securities, high yield securities (up to 20% of total assets), preferred securities (up to 10%), and derivative instruments such as futures, options, and swaps; the fund normally maintains long exposure to the benchmark index approximately equal to its net assets via derivatives rather than direct small-cap stock holdings, while employing an absolute return approach for fixed income with portfolio duration typically ranging from negative 3 years to positive 8 years, and may invest without limitation in foreign currency-denominated securities (net exposure limited to 35% of total assets) or emerging market-linked instruments (up to 25%). Institutional Class shares (ticker: PSCSX), launched on March 31, 2006, feature a net expense ratio of 0.98% (including 0.69% management fees and 0.29% other expenses such as interest), a minimum initial investment of $1 million, and daily pricing, with total net assets of approximately $605 million and share class assets of $336 million as of recent data. The fund, part of PIMCO Funds managed by Pacific Investment Management Company LLC (PIMCO), a global investment manager founded in 1971 and headquartered in Newport Beach, California, with operations across the Americas, Europe, and Asia, primarily serves institutional and high-net-worth investors in the U.S. market through multiple share classes including I-2 (PCKPX), I-3 (PSNSX), A (PCKAX), and C (PCKCX). In its fixed income sleeve, the fund emphasizes sectors such as agency mortgage-backed securities, government-related debt, asset-backed securities, futures/forwards, and cash equivalents, with top holdings including total return swaps on the Russell 2000 (e.g., RU20INTR TRS EQUITY), Federal National Mortgage Association securities, and U.S. Treasury note futures; equity exposure is predominantly U.S. small-cap blend style (99.86% U.S. stocks), though achieved synthetically. The portfolio is jointly managed by PIMCO Managing Directors Marc Seidner (CIO Non-traditional Strategies, since February 2021), Bryan Tsu and Jing Yang (since July 2018), and Daniel Hyman (since August 2025). Recent developments include a prospectus supplement dated August 1, 2025, alongside a contractual fee waiver for I-3 shares through July 31, 2026 (reducing supervisory/administrative fees by 0.05%), and portfolio updates showing new positions in Uniform Mortgage-Backed Security TBAs and PIMCO PRV SHORT TERM FLT III MUTUAL FUND as of mid-2025 filings; while PIMCO completed several closed-end fund reorganizations and mergers in August 2025 (e.g., PIMCO Municipal Income Funds), no direct changes such as name alterations, acquisitions, or new product launches were reported specifically for PSCSX in the last 1-2 years, with portfolio turnover remaining high at 679% in the most recent fiscal year. The fund continues to operate under PIMCO's Newport Beach oversight, focusing on small blend strategies within the broader U.S. equity and fixed income segments.