PIMCO Access Income:PAXS

    Manage Alerts

    Overview

    As of 5/29/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$15.60$15.083.45%
    52 Wk Avg$14.65$14.76-0.83%
    52 Wk High$16.30$15.257.93%
    52 Wk Low$12.57$14.02-9.89%
    Regular Distribution TypeManaged Distribution
    Distribution Rate11.49%
    Distribution Amount$0.1494
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple sectors in the global public and private credit markets, including corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds and other fixed-, variable- and floating-rate income-producing securities of U.S. and foreign issuers, including emerging market issuers and real estate-related investments.

    Capital Structure

    As of 5/29/2024

    Total Investment Exposure:$1,156.021M
    Total Common Assets:$664.390M
    Common Shares Outstanding:44,057,704
    Leverage

    As of 5/29/2024

    Preferred Share Assets:
    Total Debt (USD): $491.631M
    Regulatory Leverage (USD): $491.631M
    Effective Leverage (USD): $491.631M
    Effective Leverage (%): 42.53%
    Annual Expense Ratios

    As of 6/30/2023

      Per Common Share
    Management Fees2.26%
    Other Expenses:-0.06%
    Baseline Expense: N/A
    Interest Expense:3.72%
    Total: 5.92%
    Fund Management

    Fund Sponsor
    PIMCO

    Portfolio Managers
    Jing Yang, Alfred T. Murata, Jamie M. Weinstein, Sonali Pier, Daniel J. Ivascyn, Joshua Anderson

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: PAXS
    NAV Ticker: XPAAX
    Average Daily Volume (shares): 184,650
    Average Daily Volume (USD): $2.687M
    Inception Date: 1/31/2022
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 5/29/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2023
    $0.7376
    Annualized Distribution Rate on NAV:
    As of 5/29/2024
    11.89%
    Total Return on NAV (12 months):
    As of 5/29/2024
    10.97%
    Avg. Portfolio Coupon:
    As of 5/29/2024
    7.25%
    Total % Portfolio Effectively Leveraged:
    As of 5/29/2024
    42.53%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 5/30/2024

    PeriodAvg Discount
    6 Month1.19%
    1 Year-0.83%
    3 Year 
    5 Year 
    Z-Score

    As of 5/29/2024

    PeriodZStat
    3 Month-0.06
    6 Month0.73
    1 Year1.23
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/30/2024
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD12.90%5.55%5.45%2.51%
    20239.39%6.57%16.21%13.65%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 4/30/2024
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 5/29/2024
    7.25%
    Number of Holdings:
    As of 12/31/2023
    282
    Annual Portfolio Turnover:
    As of 6/30/2023
    28.00%
    Average Bond Price:
    As of 12/31/2023
    $85.51
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Securitized (Super Sector)89.12%
    Corporate (Super Sector)55.06%
    Government (Super Sector)44.85%
    Government Related42.35%
    Asset Backed35.67%
    Government Commercial Mortgage Backed34.65%
    Corporate Bond29.72%
    Bank Loan23.99%
    Non Agency Residential Mortgage Backed12.45%
    Agency Mortgage Backed6.34%
    State Allocation

    As of 12/31/2023

    State% Portfolio
    Puerto Rico2.88%
    Top Holdings

    As of 3/31/2024

    HoldingValue% Portfolio
    RFR USD SOFR/4.50000 03/20/24-1Y* CME Receive$145.29M21.85%
    RFR USD SOFR/4.50000 03/20/24-4Y* LCH Receive$136.73M20.56%
    RFR USD SOFR/4.50000 03/20/24-4Y* CME Receive$73.64M11.07%
    RFR USD SOFR/3.75000 12/20/23-5Y LCH Receive$38.65M5.81%
    RFR USD SOFR/3.75000 12/20/23-5Y CME Receive$37.37M5.62%
    Amsurg$35.55M5.35%
    Windstream Escrow LLC / Windstream Escrow Finance Corp 7.75%$22.05M3.32%
    RFR USD SOFR/3.40000 12/21/22-30Y LCH Receive$-21.91M-3.30%
    IRS EUR 0.83000 12/09/42-10Y LCH Receive$-23.41M-3.52%
    RFR USD SOFR/2.45000 12/20/23-1Y LCH Receive$-31.76M-4.78%
    Credit Quality

    As of 12/31/2023

    Maturity Breakdown

    As of 12/31/2023

    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    United States - Fixed Income153.52%
    United Kingdom - Fixed Income9.81%
    France - Fixed Income7.05%
    United States - Equity6.18%
    Others - Fixed Income5.67%
    Germany - Fixed Income4.74%
    Spain - Fixed Income3.86%
    Italy - Fixed Income2.80%
    Peru - Fixed Income1.41%
    Brazil - Fixed Income1.35%
    Ireland - Fixed Income1.02%
    Russia - Fixed Income0.93%
    Mexico - Fixed Income0.70%
    Canada - Fixed Income0.58%
    Italy - Equity0.55%
    Netherlands - Fixed Income0.12%
    Germany - Equity0.03%
    Others - Equity0.01%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W