PCM Fund:PCM

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    Overview

    As of 6/4/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$9.75$8.3616.63%
    52 Wk Avg$10.68$9.5711.37%
    52 Wk High$12.10$10.2218.37%
    52 Wk Low$5.51$6.97-23.29%
    Regular Distribution TypeIncome Only
    Distribution Rate9.85%
    Distribution Amount$0.0800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    It is a non-diversified fund with a primary investment objective to achieve a high level of current income through investing at least 80% of its assets in commercial mortgage-backed securities. It will invest primarily in investment grade securities, but may invest up to 35% of its total assets in below investment grade securities. Capital gain is the secondary investment objective. Effective from 02-Mar-07, the Fund has changed its investment policies to permit investment in credit derivatives.

    Capital Structure

    As of 6/4/2020

    Total Investment Exposure:$171.687M
    Total Common Assets:$97.076M
    Common Shares Outstanding:11,612,000
    Leverage

    As of 12/31/2018

    Preferred Share Assets:
    Total Debt (USD): $74.611M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $74.611M
    Effective Leverage (%): 43.46%
    Annual Expense Ratios

    As of 6/30/2019

      Per Common Share
    Management Fees1.39%
    Other Expenses:0.04%
    Baseline Expense: N/A
    Interest Expense:1.93%
    Total: 3.35%
    Fund Management

    Fund Sponsor
    PIMCO

    Portfolio Managers
    Alfred T. Murata, Russell Gannaway, Bryan Tsu, Daniel J. Ivascyn

    Basics
    Category: Fixed Income - Taxable-Limited Duration
    Ticker: PCM
    NAV Ticker: XPCMX
    Average Daily Volume (shares): 45,704
    Average Daily Volume (USD): $0.455M
    Inception Date: 9/2/1993
    Inception Share Price: $15.00
    Inception NAV: $13.95
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 6/4/2020

    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 12/31/2019
    $0.4137
    Annualized Distribution Rate on NAV:
    As of 6/4/2020
    11.48%
    Total Return on NAV (12 months):
    As of 6/4/2020
    -9.92%
    Avg. Portfolio Coupon:
    As of 6/4/2020
    3.61%
    Total % Portfolio Effectively Leveraged:
    As of 6/4/2020
    43.46%

    Pricing Information

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

    As of 6/5/2020

    PeriodAvg Discount
    6 Month10.78%
    1 Year11.37%
    3 Year10.61%
    5 Year5.85%
    Z-Score

    As of 6/4/2020

    PeriodZStat
    3 Month1.30
    6 Month0.89
    1 Year1.06
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2020
    Category: Morningstar US CEF Limited Duration

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-14.91%-14.11%-13.04%-9.23%
    201923.56%12.51%22.78%12.22%
    2018-4.03%4.65%-7.45%-1.27%
    201727.03%17.85%12.86%9.16%
    201625.90%13.84%19.16%12.54%
    2015-4.60%0.37%-3.04%-2.38%
    20140.35%5.45%0.88%3.52%
    20136.52%8.30%-1.23%5.24%
    201223.57%32.98%19.07%16.27%
    201110.54%6.74%5.85%4.21%
    201054.31%45.93%22.82%18.02%
    200952.57%57.78%55.22%46.93%
    2008-30.52%-40.94%-23.17%-26.04%
    2007-23.07%2.83%  
    200611.65%9.17%  
    200515.95%4.78%  
    2004-1.22%9.06%  
    200310.21%7.04%  
    200212.21%10.99%  
    200124.70%10.78%  
    200016.57%10.43%  
    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 5/31/2020
    Category: Morningstar US CEF Limited Duration

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/4/2020
    3.61%
    Number of Holdings:
    As of 3/31/2020
    425
    Annual Portfolio Turnover:
    As of 6/30/2019
    8.00%
    Average Bond Price:
    As of 3/31/2020
    $81.46
    Asset Allocation

    As of 3/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)126.73%
    Asset Backed79.42%
    Government (Super Sector)54.96%
    Government Related54.96%
    Corporate (Super Sector)47.42%
    Corporate Bond35.58%
    Non Agency Residential Mortgage Backed27.43%
    Government Commercial Mortgage Backed17.15%
    Bank Loan10.41%
    Derivative (Super Sector)5.24%
    State Allocation

    As of 3/31/2020 reported by Fund Sponsor

    State% Portfolio
    West Virginia0.85%
    Top Holdings

    As of 3/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Irs Usd 1.75000 12/21/16-7y Cme$33.85M38.14%
    Irs Usd 2.75000 12/19/18-5y Cme$16.61M18.71%
    Irs Usd 3.00000 06/19/19-10y Cme$9.43M10.62%
    CWABS Asset-Backed Certificates Trust 2006-ABC1 1.19%$5.47M6.16%
    Securitized A/Bkd Receivables Llc 1.4%$4.91M5.53%
    Morgan Stanley Resecuritization Trust 4.03%$3.73M4.20%
    Abx.He.Aa.06-1 Sp Gst$3.66M4.13%
    Residential Asset Securities Corp. 1.64%$3.55M4.00%
    CWABS Inc. 2.6%$3.52M3.97%
    Irs Usd 3.00000 12/19/18-20y Cme$-12.43M-14.01%
    Maturity Breakdown

    As of 3/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income233.33%
    United States - Equity3.05%
    Others - Fixed Income0.25%
    Canada - Fixed Income0.19%
    France - Equity0.15%
    Japan - Equity0.09%
    United Kingdom - Fixed Income0.01%

    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. 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.

    EWB-1014244PR-E1119W