PIMCO Floating Income Instl
840 Newport Center Drive Suite 100 Newport Beach CA 92660
Map
Phone: 800-927-4648
| Category: | Ultrashort Bond | | Fund Family: | PIMCO Funds | | Net Assets: | 831.70M | | Year-to-Date Return: | -5.61% | | Yield: | 6.45% | | Morningstar Rating: |  | | Fund Inception Date: | 30-Jul-04 |
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Curtis Mewbourne
Lead Manager since
17-Oct-05 | | | Curtis A. Mewbourne joined PIMCO LLC in 1999 and is an Executive Vice President, Portfolio Manager and Co-Head of the Emerging Markets portfolio management team. He is also a current rotating member of PIMCOs Investment Committee. Mr. Newbourne has over 14 years of trading experience in Credit Markets. |
| Min Initial Investment: | $5,000,000 | | Min Initial Investment, IRA: | $5,000,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks to maximize current yield consistent with prudent investment management. The Fund invests under normal circumstances at least 80% of assets in a diversified portfolio of variable and floating-rate securities, securities with durations of less than or equal to one year, and fixed-rate securities with respect to which the fund has entered into derivative instruments to effectively convert the fixed-rate interest payments into floating-rate interest payments. It may also invest in other Fixed Income Instruments. The fund may invest all of its assets in high yield securities ("junk bonds”). |
| Last Dividend
(29-Aug-08):
| 0.04 | | Last Cap Gain
(12-Dec-07):
| 0.12 | | Annual Holdings Turnover
| 111.00% | | Average for Category:
| 75.96% |
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| Expense | PFIIX | Category
Avg | | Total Expense Ratio: | 0.55%
| 0.74% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 1.89% | | Max Deferred Sales Load: | 0.00%
| 2.25% | | 3 Yr Expense Projection*: |
$179 | $339 | | 5 Yr Expense Projection*: |
$313 | $551 | | 10 Yr Expense Projection*: |
$701 | $1,156 |
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