PIMCO StocksPLUS Absolute Return Fund Institutional Class
PSPTX
NASDAQ- -
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
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Jul 1, 2002
- CIK
- 0000810893
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO StocksPLUS Absolute Return Fund Institutional Class (PSPTX) is an open-end mutual fund managed by Pacific Investment Management Company LLC (PIMCO) that seeks total return exceeding that of the S&P 500 Index through a portfolio of S&P 500 Index derivatives backed by fixed income instruments, including bonds, debt securities, and other similar instruments issued by U.S. and non-U.S. public- or private-sector entities; the fund normally limits its foreign currency exposure to 35% of total assets and invests in securities with maturities not exceeding one year to support its absolute return strategy in the large blend equity category. PIMCO, founded in 1971 and headquartered in Newport Beach, California, operates globally with over 3,100 employees across 22 offices in the Americas, Europe, and Asia, managing more than $2 trillion in assets as a subsidiary of Allianz SE, with a primary focus on active fixed income but extending to equities and multi-asset strategies for institutional and individual investors. The fund, which commenced operations on June 28, 2002, targets institutional investors with a minimum initial investment of $1 million, maintains total net assets of approximately $1.7 billion, and features a net expense ratio of 0.98% with high portfolio turnover of around 664%. In recent developments, PIMCO announced a strategic partnership with Aditum in June 2025 to distribute two Income strategies to wealth investors in the United Arab Emirates via feeder funds, strengthening its presence in the Middle East; the firm also entered a transformative asset-based finance partnership with Harley-Davidson, leveraging PIMCO's expertise in private credit; additionally, PIMCO reported over 20% asset growth in Asia ex-Japan since late 2024, driven by inflows into balanced and fixed income funds like PIMCO Balanced Income and Growth, amid expanded private lending of nearly $6 billion to emerging market governments including Panama, the Dominican Republic, Saudi Arabia, and Qatar. PSPTX operates primarily in the U.S. market but benefits from PIMCO's worldwide footprint, serving central banks, sovereign wealth funds, pensions, corporations, and high-net-worth individuals through its blend of equity-like returns and fixed income backing.