PCM Fund:PCM

    Manage Alerts

    Overview

    As of 4/13/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$11.61$9.5321.82%
    52 Wk Avg$10.18$8.9213.97%
    52 Wk High$11.85$9.6823.42%
    52 Wk Low$7.92$7.793.19%
    Regular Distribution TypeIncome Only
    Distribution Rate8.27%
    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 4/13/2021

    Total Investment Exposure:$192.253M
    Total Common Assets:$110.979M
    Common Shares Outstanding:11,657,802
    Leverage

    As of 4/13/2021

    Preferred Share Assets:
    Total Debt (USD): $81.274M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $81.274M
    Effective Leverage (%): 42.27%
    Annual Expense Ratios

    As of 6/30/2020

      Per Common Share
    Management Fees1.52%
    Other Expenses:0.02%
    Baseline Expense: N/A
    Interest Expense:1.85%
    Total: 3.39%
    Fund Management

    Fund Sponsor
    PIMCO

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

    Basics
    Category: Fixed Income - Taxable-Limited Duration
    Ticker: PCM
    NAV Ticker: XPCMX
    Average Daily Volume (shares): 30,260
    Average Daily Volume (USD): $0.300M
    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 4/13/2021

    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 12/31/2020
    $0.4943
    Annualized Distribution Rate on NAV:
    As of 4/13/2021
    10.07%
    Total Return on NAV (12 months):
    As of 4/13/2021
    39.41%
    Avg. Portfolio Coupon:
    As of 4/13/2021
    3.35%
    Total % Portfolio Effectively Leveraged:
    As of 4/13/2021
    42.27%

    Pricing Information

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

    As of 4/14/2021

    PeriodAvg Discount
    6 Month15.82%
    1 Year13.97%
    3 Year11.79%
    5 Year9.25%
    Z-Score

    As of 4/13/2021

    PeriodZStat
    3 Month1.70
    6 Month1.83
    1 Year2.22
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2021
    Category: Morningstar US CEF Limited Duration

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.23%3.30%5.47%1.41%
    20203.58%5.31%4.56%4.70%
    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%  
    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%  
    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 3/31/2021
    Category: Morningstar US CEF Limited Duration

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/13/2021
    3.35%
    Number of Holdings:
    As of 12/31/2020
    378
    Annual Portfolio Turnover:
    As of 6/30/2020
    15.00%
    Average Bond Price:
    As of 12/31/2020
    $93.43
    Asset Allocation

    As of 12/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 12/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)109.20%
    Asset Backed69.12%
    Corporate (Super Sector)46.37%
    Corporate Bond31.82%
    Non Agency Residential Mortgage Backed20.52%
    Government Commercial Mortgage Backed13.27%
    Bank Loan10.05%
    Agency Mortgage Backed6.29%
    Preferred Stock3.88%
    Government Related2.52%
    Top Holdings

    As of 12/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    CWABS Asset-Backed Certificates Trust 2006-ABC1 0.63%$6.46M5.85%
    Securitized Asset Backed Receivables Llc Trust 0.82%$5.43M4.92%
    Federal National Mortgage Association 2.5%$5.36M4.85%
    Sequa Corporation 12%$4.28M3.88%
    Federal National Mortgage Association 2%$4.25M3.85%
    Residential Asset Securities Corp. 1.18%$4.20M3.80%
    CWABS Inc. 1.8%$4.00M3.62%
    CWABS Asset-Backed Certificates Trust 0.42%$3.44M3.12%
    Morgan Stanley Resecuritization Trust 3.85%$3.40M3.08%
    Federal National Mortgage Association 3%$-8.38M-7.59%
    Maturity Breakdown

    As of 12/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 12/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income152.08%
    United States - Equity7.80%
    Canada - Fixed Income0.75%
    Others - Fixed Income0.22%
    Netherlands - Fixed Income0.20%
    United Kingdom - Fixed Income0.02%
    United Kingdom - 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. 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-1456789PR-Y1220W