PIMCO RAE PLUS Fund Class INSTL
PXTIX
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
- New York NY 10019 New York CA United States of America 10019
- IPO Date
- Jun 30, 2005
- CIK
- 0000810893
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO RAE PLUS Fund Class INSTL (PXTIX) 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 under normal circumstances through long exposure to a portfolio of stocks of U.S. companies; it achieves this primarily via derivatives such as equity total return swaps rather than direct equity holdings, complemented by investments in fixed income instruments including agency mortgage-backed securities, asset-backed securities, government-related bonds, and cash equivalents. The fund normally limits foreign currency exposure from non-U.S. dollar-denominated securities or currencies to 35% of total assets and operates within the large value equity category, with a net expense ratio of 0.99%, daily pricing, and a minimum initial investment of $1 million for institutional shares. PIMCO, founded in 1971 and headquartered in Newport Beach, California, manages the fund as part of its broader active fixed income and equity-enhanced strategies offered to institutional and high-net-worth investors primarily in the United States. Key portfolio managers include Robert Arnott (since 2014), Christopher Brightman, Bryan Tsu, Jing Yang, and Marc Seidner, with the fund launched on June 30, 2005, maintaining total net assets around $1 billion and high turnover reflecting active derivative-based adjustments. Recent developments at PIMCO include a June 2025 partnership with Aditum in the United Arab Emirates to distribute PIMCO Income and Balanced Income & Growth strategies via locally registered feeder funds targeting wealth investors, alongside a December 2025 raise of $7 billion for new asset-based finance strategies and $700 million for an Aviation Income Partners fund iteration, underscoring expansions in alternative and regional distribution channels.