|
Inst |
I-2 |
I-3 |
Admin |
A |
C |
R |
PIMCO
All Asset Fund |
PAAIX |
PALPX |
PAANX |
PAALX |
PASAX |
PASCX |
PATRX |
PIMCO
All Asset All Authority Fund |
PAUIX |
PAUPX |
PAUNX |
– |
PAUAX |
PAUCX |
– |
PIMCO
Global Core Asset Allocation Fund |
PGAIX |
PGAPX |
– |
– |
PGMAX |
PGMCX |
– |
|
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Class
R |
Maximum
Sales
Charge
(Load)
Imposed
on
Purchases
(as a
percentage
of
offering
price) |
|
|
|
|
|
|
|
Maximum
Deferred
Sales
Charge (Load)
(as
a percentage of
the
lower of the
original
purchase
price
or redemption
price) |
|
|
|
|
|
|
|
|
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Class
R |
Management
Fees |
|
|
|
|
|
|
|
Distribution
and/or
Service
(12b-1) Fees |
|
|
|
|
|
|
|
Acquired
Fund Fees
and
Expenses(1)
|
|
|
|
|
|
|
|
Total
Annual
Fund
Operating
Expenses(2)
|
|
|
|
|
|
|
|
Fee
Waiver and/or
Expense
Reimbursement(3)(4)
|
( |
( |
( |
( |
( |
( |
( |
Total
Annual
Fund
Operating
Expenses
After
Fee
Waiver
and/or
Expense
Reimbursement |
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Institutional
Class |
$ |
$ |
$ |
$ |
I-2 |
$ |
$ |
$ |
$ |
I-3 |
$ |
$ |
$ |
$ |
Administrative
Class |
$ |
$ |
$ |
$ |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
Class
R |
$ |
$ |
$ |
$ |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Institutional
Class Return Before Taxes |
|
|
|
Institutional
Class Return After Taxes on Distributions(1)
|
|
|
|
Institutional
Class Return After Taxes on Distributions and
Sales
of Fund Shares(1)
|
|
|
|
I-2
Return Before Taxes |
|
|
|
I-3
Return Before Taxes |
|
|
|
Administrative
Class Return Before Taxes |
|
|
|
Class
A Return Before Taxes |
|
|
|
Class
C Return Before Taxes |
|
|
|
Class
R Return Before Taxes |
|
|
|
Bloomberg
U.S. TIPS: 1-10 Year Index (reflects no
deductions
for fees, expenses or taxes) |
|
|
|
Consumer
Price Index + 500 Basis Points (reflects no
deductions
for fees, expenses or taxes) |
|
|
|
Lipper
Alternative Global Macro Funds Average (reflects
no
deductions for taxes) |
|
|
|
|
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Maximum
Sales
Charge
(Load)
Imposed
on
Purchases
(as a
percentage
of
offering
price) |
|
|
|
|
|
|
Maximum
Deferred
Sales
Charge (Load)
(as
a percentage of
the
lower of the
original
purchase
price
or redemption
price) |
|
|
|
|
|
|
|
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Management
Fees |
|
|
|
|
|
|
Distribution
and/or
Service
(12b-1) Fees |
|
|
|
|
|
|
Other
Expenses(1)
|
|
|
|
|
|
|
Acquired
Fund Fees
and
Expenses |
|
|
|
|
|
|
Total
Annual
Fund
Operating
Expenses(2)
|
|
|
|
|
|
|
Fee
Waiver and/or
Expense
Reimbursement(3)(4)
|
( |
( |
( |
( |
( |
( |
Total
Annual
Fund
Operating
Expenses
After
Fee
Waiver
and/or
Expense
Reimbursement(5)
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Institutional
Class |
$ |
$ |
$ |
$ |
I-2 |
$ |
$ |
$ |
$ |
I-3 |
$ |
$ |
$ |
$ |
Administrative
Class |
$ |
$ |
$ |
$ |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Institutional
Class Return Before Taxes |
|
|
|
Institutional
Class Return After Taxes on Distributions(1)
|
|
|
|
Institutional
Class Return After Taxes on Distributions
and
Sales of Fund Shares(1)
|
|
|
|
I-2
Return Before Taxes |
|
|
|
I-3
Return Before Taxes |
|
|
|
Class
A Return Before Taxes |
- |
|
|
Class
C Return Before Taxes |
|
|
|
Bloomberg
U.S. TIPS Index (reflects no deductions for
fees,
expenses or taxes) |
|
|
|
Consumer
Price Index + 650 Basis Points (reflects no
deductions
for fees, expenses or taxes) |
|
|
|
Lipper
Alternative Global Macro Funds Average (reflects
no
deductions for taxes) |
|
|
|
|
Inst
Class |
I-2 |
Class
A |
Class
C |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of
the
lower of the original purchase price or redemption
price) |
|
|
|
|
|
Inst
Class |
I-2 |
Class
A |
Class
C |
Management
Fees |
|
|
|
|
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
Other
Expenses |
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
|
Total
Annual Fund Operating Expenses(1)
|
|
|
|
|
Fee
Waiver and/or Expense Reimbursement(2)(3)
|
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After
Fee
Waiver and/or Expense Reimbursement(4)
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Institutional
Class |
$ |
$ |
$ |
$ |
I-2 |
$ |
$ |
$ |
$ |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$ |
$ |
$ |
$ |
Class
C |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Institutional
Class Return Before Taxes |
|
|
|
Institutional
Class Return After Taxes on Distributions(1)
|
|
|
|
Institutional
Class Return After Taxes on Distributions
and
Sales of Fund Shares(1)
|
|
|
|
I-2
Return Before Taxes |
|
|
|
Class
A Return Before Taxes |
|
|
|
Class
C Return Before Taxes |
|
|
|
60%
MSCI All Country World Index (ACWI) and 40%
Bloomberg
Global Aggregate USD Hedged
Index (reflects
no deductions for fees, expenses or
taxes) |
|
|
|
MSCI
All Country World Index (reflects no deductions
for
fees, expenses or taxes) |
|
|
|
Lipper
Alternative Global Macro Funds
Average (reflects
no deductions for taxes) |
|
|
|
Principal
Risk |
PIMCO
All
Asset Fund |
PIMCO
All
Asset
All
Authority Fund |
PIMCO
Global
Core Asset
Allocation
Fund |
New
Fund |
– |
– |
x |
Small
Fund |
– |
– |
x |
Allocation |
x |
x |
x |
Fund
of Funds |
x |
x |
– |
Market
Trading |
x |
x |
x |
Municipal
Project-Specific |
x |
x |
– |
Municipal
Bond |
x |
x |
– |
Acquired
Fund |
– |
– |
x |
Interest
Rate |
x |
x |
x |
Call |
x |
x |
x |
Credit |
x |
x |
x |
High
Yield |
x |
x |
x |
Distressed
Company |
x |
x |
x |
Market |
x |
x |
x |
Issuer |
x |
x |
x |
Liquidity |
x |
x |
x |
Derivatives |
x |
x |
x |
Futures
Contract |
x |
x |
– |
Model |
x |
x |
x |
Commodity |
x |
x |
x |
Equity |
x |
x |
x |
Mortgage-Related
and Other Asset-Backed Securities |
x |
x |
x |
Foreign
(Non-U.S.) Investment |
x |
x |
x |
Real
Estate |
x |
x |
x |
Emerging
Markets |
x |
x |
x |
Sovereign
Debt |
x |
x |
x |
Currency |
x |
x |
x |
Leveraging |
x |
x |
x |
Smaller
Company |
x |
x |
x |
Issuer
Non-Diversification |
x |
x |
– |
Management |
x |
x |
x |
Short
Exposure |
x |
x |
x |
Tax |
x |
x |
x |
Subsidiary |
x |
x |
x |
Value
Investing |
x |
x |
x |
Arbitrage |
– |
– |
x |
Convertible
Securities |
x |
x |
x |
Exchange-Traded
Fund |
x |
x |
x |
Tracking
Error |
x |
x |
x |
Indexing |
x |
x |
x |
LIBOR
Transition |
x |
x |
x |
|
Management
Fees | ||||||
Fund
Name |
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Class
R |
PIMCO
All Asset Fund |
0.225% |
0.325% |
0.425% |
0.225% |
0.425% |
0.425% |
0.425% |
PIMCO
All Asset All Authority Fund |
0.25% |
0.35% |
0.45% |
0.25%(1)
|
0.45% |
0.45% |
N/A |
PIMCO
Global Core Asset Allocation Fund |
0.95% |
1.05% |
N/A |
N/A |
1.15% |
1.15% |
N/A |
Fund
Name |
Advisory
Fees
All
Classes(1)
|
PIMCO
All Asset Fund |
0.175% |
PIMCO
All Asset All Authority Fund |
0.20% |
PIMCO
Global Core Asset Allocation Fund |
0.90% |
|
Supervisory
and Administrative Fees(1)
| ||||||
Fund
Name |
Inst
Class |
I-2 |
I-3 |
Admin
Class |
Class
A |
Class
C |
Class
R |
PIMCO
All Asset Fund |
0.05% |
0.15% |
0.25% |
0.05% |
0.25% |
0.25% |
0.25% |
PIMCO
All Asset All Authority Fund |
0.05% |
0.15% |
0.25% |
0.05%(2)
|
0.25% |
0.25% |
N/A |
PIMCO
Global Core Asset Allocation Fund |
0.05% |
0.15% |
N/A |
N/A |
0.25% |
0.25% |
N/A |
Underlying
PIMCO Fund |
Management
Fees(1)
|
Other
Expenses(2)
|
Total
Annual Fund
Operating
Expenses |
PIMCO
Active Bond Exchange-Traded Fund |
0.55% |
0.02% |
0.57% |
PIMCO
All Asset: Multi-RAE PLUS Fund |
0.89% |
0.01% |
0.90% |
PIMCO
All Asset: Multi-Real Fund |
0.74% |
0.06% |
0.80%(3)(4)
|
PIMCO
All Asset: Multi-Short PLUS Fund |
0.74% |
0.02% |
0.76% |
PIMCO
California Intermediate Municipal Bond Fund |
0.445% |
0.00% |
0.445% |
PIMCO
California Municipal Bond Fund |
0.44% |
0.00% |
0.44% |
PIMCO
California Short Duration Municipal Income Fund |
0.33% |
0.00% |
0.33% |
PIMCO
Climate Bond Fund |
0.50% |
0.04% |
0.54% |
PIMCO
CommoditiesPLUS® Strategy Fund |
0.74% |
0.23% |
0.97%(5)
|
PIMCO
CommodityRealReturn Strategy Fund® |
0.74% |
0.25% |
0.99%(6)
|
PIMCO
Credit Opportunities Bond Fund |
0.90% |
0.00% |
0.90% |
PIMCO
Diversified Income Fund |
0.75% |
0.02% |
0.77% |
PIMCO
Dividend and Income Fund |
0.75% |
0.05% |
0.80%(7)
|
PIMCO
Dynamic Bond Fund |
0.80% |
0.03% |
0.83% |
PIMCO
Emerging Markets Bond Fund |
0.83% |
0.04% |
0.87% |
PIMCO
Emerging Markets Corporate Bond Fund |
0.90% |
0.00% |
0.90% |
PIMCO
Emerging Markets Currency and Short-Term Investments
Fund |
0.85% |
0.02% |
0.87% |
PIMCO
Emerging Markets Local Currency and Bond Fund |
0.90% |
0.35% |
1.25% |
PIMCO
Enhanced Low Duration Active Exchange-Traded Fund |
0.46% |
0.10% |
0.56% |
PIMCO
Enhanced Short Maturity Active ESG Exchange-Traded
Fund |
0.36% |
0.03% |
0.39%(8)
|
PIMCO
Enhanced Short Maturity Active Exchange-Traded Fund |
0.35% |
0.02% |
0.37% |
PIMCO
ESG Income Fund |
0.50% |
0.02% |
0.52% |
PIMCO
Extended Duration Fund |
0.50% |
0.13% |
0.63% |
PIMCO
Global Advantage® Strategy Bond Fund |
0.65% |
0.04% |
0.69% |
PIMCO
Global Bond Opportunities Fund (U.S. Dollar-Hedged) |
0.55% |
0.01% |
0.56% |
PIMCO
Global Bond Opportunities Fund (Unhedged) |
0.55% |
0.02% |
0.57% |
PIMCO
GNMA and Government Securities Fund |
0.50% |
0.01% |
0.51% |
PIMCO
Government Money Market Fund |
0.18% |
0.00% |
0.18%(9)
|
PIMCO
High Yield Fund |
0.55% |
0.01% |
0.56% |
PIMCO
High Yield Municipal Bond Fund |
0.55% |
0.02% |
0.57% |
PIMCO
High Yield Spectrum Fund |
0.60% |
0.02% |
0.62% |
PIMCO
Income Fund |
0.50% |
0.12% |
0.62% |
PIMCO
Intermediate Municipal Bond Active Exchange-Traded
Fund |
0.35% |
0.00% |
0.35% |
PIMCO
International Bond Fund (U.S. Dollar-Hedged) |
0.50% |
0.02% |
0.52% |
PIMCO
International Bond Fund (Unhedged) |
0.50% |
0.02% |
0.52% |
PIMCO
Investment Grade Credit Bond Fund |
0.50% |
0.02% |
0.52% |
PIMCO
Long Duration Total Return Fund |
0.50% |
0.09% |
0.59% |
PIMCO
Long-Term Credit Bond Fund |
0.55% |
0.04% |
0.59% |
PIMCO
Long-Term Real Return Fund |
0.50% |
0.10% |
0.60% |
PIMCO
Long-Term U.S. Government Fund |
0.475% |
0.09% |
0.565% |
PIMCO
Low Duration Credit Fund |
0.70% |
0.03% |
0.73% |
PIMCO
Low Duration ESG Fund |
0.50% |
0.00% |
0.50% |
PIMCO
Low Duration Fund |
0.46% |
0.00% |
0.46% |
PIMCO
Low Duration Fund II |
0.50% |
0.00% |
0.50% |
PIMCO
Low Duration Income Fund |
0.50% |
0.04% |
0.54% |
PIMCO
Moderate Duration Fund |
0.46% |
0.00% |
0.46% |
PIMCO
Mortgage Opportunities and Bond Fund |
0.60% |
0.08% |
0.68% |
Underlying
PIMCO Fund |
Management
Fees(1) |
Other
Expenses(2) |
Total
Annual Fund
Operating
Expenses |
PIMCO
Mortgage-Backed Securities Fund |
0.50% |
0.02% |
0.52% |
PIMCO
Municipal Bond Fund |
0.44% |
0.02% |
0.46% |
PIMCO
National Intermediate Municipal Bond Fund |
0.45% |
0.00% |
0.45% |
PIMCO
New York Municipal Bond Fund |
0.445% |
0.00% |
0.445% |
PIMCO
Preferred and Capital Securities Fund |
0.79% |
0.12% |
0.91%(10)
|
PIMCO
RAE Emerging Markets Fund |
0.75% |
0.02% |
0.77%(7)
|
PIMCO
RAE Fundamental Advantage PLUS Fund |
0.89% |
0.02% |
0.91% |
PIMCO
RAE International Fund |
0.50% |
0.02% |
0.52%(7)
|
PIMCO
RAE PLUS EMG Fund |
1.10% |
0.04% |
1.14% |
PIMCO
RAE PLUS Fund |
0.79% |
0.01% |
0.80% |
PIMCO
RAE PLUS International Fund |
0.82% |
0.01% |
0.83% |
PIMCO
RAE PLUS Small Fund |
0.84% |
0.02% |
0.86% |
PIMCO
RAE US Fund |
0.40% |
0.02% |
0.42%(7)
|
PIMCO
RAE US Small Fund |
0.50% |
0.04% |
0.54% |
PIMCO
RAE Worldwide Long/Short PLUS Fund |
1.19% |
0.02% |
1.21% |
PIMCO
RAFI Dynamic Multi-Factor Emerging Markets Equity
ETF |
0.49% |
0.01% |
0.50%(7)
|
PIMCO
RAFI Dynamic Multi-Factor International Equity ETF |
0.39% |
0.02% |
0.41%(7)
|
PIMCO
RAFI Dynamic Multi-Factor U.S. Equity ETF |
0.29% |
0.02% |
0.31%(7)
|
PIMCO
RAFI ESG U.S. ETF |
0.29% |
0.01% |
0.30%(7)
|
PIMCO
Real Return Fund |
0.45% |
0.02% |
0.47% |
PIMCO
RealEstateRealReturn Strategy Fund |
0.74% |
0.11% |
0.85% |
PIMCO
Short Asset Investment Fund |
0.34% |
0.00% |
0.34% |
PIMCO
Short Duration Municipal Income Fund |
0.33% |
0.00% |
0.33% |
PIMCO
Short Term Municipal Bond Active Exchange-Traded
Fund |
0.35% |
0.00% |
0.35% |
PIMCO
Short-Term Fund |
0.45% |
0.02% |
0.47% |
PIMCO
StocksPLUS® Absolute Return Fund |
0.64% |
0.01% |
0.65% |
PIMCO
StocksPLUS® Fund |
0.50% |
0.01% |
0.51% |
PIMCO
StocksPLUS® International Fund (U.S. Dollar-Hedged) |
0.75% |
0.03% |
0.78% |
PIMCO
StocksPLUS® International Fund (Unhedged) |
0.64% |
0.01% |
0.65% |
PIMCO
StocksPLUS® Long Duration Fund |
0.59% |
0.02% |
0.61% |
PIMCO
StocksPLUS® Short Fund |
0.64% |
0.08% |
0.72% |
PIMCO
StocksPLUS® Small Fund |
0.69% |
0.01% |
0.70% |
PIMCO
Strategic Bond Fund |
0.55% |
0.02% |
0.57%(11)
|
PIMCO
Total Return ESG Fund |
0.50% |
0.03% |
0.53% |
PIMCO
Total Return Fund |
0.46% |
0.01% |
0.47% |
PIMCO
Total Return Fund II |
0.50% |
0.00% |
0.50% |
PIMCO
Total Return Fund IV |
0.50% |
0.02% |
0.52% |
PIMCO
TRENDS Managed Futures Strategy Fund |
1.40% |
0.25% |
1.65%(12)
|
Fund |
Portfolio
Manager |
Since |
Recent
Professional Experience |
PIMCO
All Asset
PIMCO
All Asset All Authority |
Rob
Arnott |
7/02*
10/03* |
Chairman
and Founder, Research Affiliates, since July 2002. Previously, Mr. Arnott
was
Chairman
of First Quadrant, L.P. until April 2004. He joined First Quadrant in
April 1988. |
PIMCO
All Asset
PIMCO
All Asset All Authority |
Chris
Brightman |
11/16
11/16 |
Chief
Executive Officer, Research Affiliates, since July 2021. Chief Investment
Officer,
Research
Affiliates, since April 2014. Previously at Research Affiliates, Mr.
Brightman served
as
a Managing Director and Head of Investment Management. Prior to joining
Research
Affiliates
in 2010, Mr. Brightman was chief executive officer of the University of
Virginia
Investment
Management Company. |
PIMCO
Global Core Asset Allocation |
Erin
Browne |
1/19
|
Managing
Director, PIMCO. Ms. Browne is a portfolio manager in the Newport Beach
office,
focusing
on multi-asset strategies. In her role, she works with PIMCO’s asset
allocation
team
and with portfolio managers across asset classes and sectors globally.
Prior to joining
PIMCO
in 2018, Ms. Browne was a managing director and head of asset allocation
at UBS
Asset
Management, helping to drive the firm’s macro research, capital market
assumptions,
tactical
asset allocation and strategic asset allocation views across asset
classes. Previously,
she
was head of macro investments at UBS O’Connor, a multi-strategy hedge fund
manager,
and a global macro portfolio manager at Point72 Asset Management. Ms.
Browne
has
also held roles at Citigroup, Moore Capital Management and Neuberger
Berman, and
she
began her career at Lehman Brothers. She has investment experience since
2002 and
holds
a bachelor’s degree in economics from Georgetown
University. |
PIMCO
Global Core Asset Allocation |
Emmanuel
Sharef |
12/19 |
Executive
Vice President, PIMCO. Dr. Sharef is an executive vice president and
portfolio
manager
in the Newport Beach office, focused on asset allocation strategies and
the
residential
real estate market. He is a member of the Americas Portfolio Committee and
has
served
as a rotating member of the Investment Committee. Prior to joining PIMCO
in 2011,
he
worked in the mortgage credit strategists group at Morgan Stanley. He has
investment
and
financial services experience since 2008 and holds a Ph.D. in operations
research from
Cornell
University, specializing in statistics and biometrics. He received an
undergraduate
degree
from Princeton
University. |
Fund |
Portfolio
Manager |
Since |
Recent
Professional Experience |
PIMCO
Global Core Asset Allocation |
Geraldine
Sundstrom |
7/15 |
Managing
Director, PIMCO. Ms. Sundstrom is a portfolio manager in the London
office,
focusing
on asset allocation strategies. Prior to joining PIMCO in 2015, she was a
partner
and
portfolio manager at Brevan Howard, where she led the Emerging Markets
Strategies
Fund.
Previously, she was a portfolio manager at Moore Capital Management. She
has
investment
experience since 1996 and holds a master’s degree in finance from Birkbeck
College
at London University and two degrees from Universite Paris
Dauphine. |
Amount
of Purchase |
Initial
Sales
Charge
as % of
Public
Offering
Price |
Initial
Sales
Charge
as % of
Net
Amount
Invested |
Under
$100,000 |
3.75% |
3.90% |
$100,000
but under $250,000 |
3.25% |
3.36% |
$250,000
but under $500,000 |
2.25% |
2.30% |
$500,000
but under $1,000,000 |
1.75% |
1.78% |
$1,000,000
+ |
0.00%* |
0.00%* |
Amount
of Purchase |
Initial
Sales
Charge
as % of
Public
Offering
Price |
Initial
Sales
Charge
as % of
Net
Amount
Invested |
Under
$50,000 |
5.50% |
5.82% |
$50,000
but under $100,000 |
4.50% |
4.71% |
$100,000
but under $250,000 |
3.50% |
3.63% |
$250,000
but under $500,000 |
2.50% |
2.56% |
$500,000
but under $1,000,000 |
2.00% |
2.04% |
$1,000,000
+ |
0.00%* |
0.00%* |
Years
Since Purchase Payment was Made |
Percentage
Contingent
Deferred
Sales
Charge |
First |
1% |
Thereafter |
0% |
Class
A |
Servicing
Fee |
Distribution
Fee |
All
Funds |
0.25% |
0.00% |
Class
C |
Servicing
Fee |
Distribution
Fee |
All
Funds |
0.25% |
0.75% |
Class
R |
Servicing
Fee |
Distribution
Fee |
All
Funds |
0.25% |
0.25% |
Administrative
Class |
Distribution
and/
or
Servicing Fee |
All
Funds |
0.25% |
Initial
Investment |
Subsequent
Investments |
$1,000
per Fund |
$50 per
Fund |
Initial
Investment |
Subsequent
Investments |
$1
million per account |
None |
Category |
Underlying
PIMCO Fund |
Main
Investments |
Duration |
Credit
Quality(1)
|
Non-U.S.
Dollar
Denominated
Instruments(2)
|
Short
Duration |
PIMCO
Low Duration Income |
Short
maturity fixed income instruments |
0
to 3 years |
Max
30% of total
assets
below Baa(3)
|
No
Limitation(4)
|
PIMCO
Short Asset Investment |
Money
market instruments and short maturity
fixed
income instruments |
≤
1.5 years |
Baa
to Aaa |
0% | |
PIMCO
Short-Term |
Money
market instruments and short maturity
fixed
income instruments |
≤
1 year |
B
to Aaa; max 10% of
total
assets below Baa |
0-10%
of total
assets(5)
| |
PIMCO
Low Duration |
Short
maturity fixed income instruments |
1
to 3 years |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
Low Duration II |
Short
maturity fixed income instruments with
quality
and non-U.S. issuer restrictions |
1
to 3 years |
A
to Aaa |
0% | |
PIMCO
Low Duration ESG |
Short
maturity fixed income instruments with
prohibitions
on firms engaged in socially
sensitive
practices |
1
to 3 years |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
Low Duration Credit(6)
|
Diversified
portfolio of fixed income
instruments |
0
to 3 years |
Max
10% of total
assets
below Caa |
0-25%
of total
assets(11)
|
Category |
Underlying
PIMCO Fund |
Main
Investments |
Duration |
Credit
Quality(1) |
Non-U.S.
Dollar
Denominated
Instruments(2) |
Intermediate
Duration |
PIMCO
Moderate Duration |
Short
and intermediate maturity fixed income
instruments |
+/-2
years of its
benchmark |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
|
PIMCO
GNMA and Government
Securities |
Short
and intermediate maturity mortgage-
related
fixed income securities issued by the
Government
National Mortgage Association
and
U.S. government securities |
1
to 7 years |
Baa
to Aaa; max 10%
of
total assets below
Aaa |
0% | |
PIMCO
High Yield |
High
yielding fixed income securities |
+/-1
year of its
benchmark |
Min
80% high yield
investments
(7)
; max
20%
of total assets
Caa
or below |
0-20%
of total
assets(5)
| |
PIMCO
High Yield Spectrum |
High
yielding fixed income securities |
+/-1
year of its
benchmark |
Min
80% high yield
investments(8)
|
No
Limitation(9)
| |
PIMCO
Mortgage-Backed Securities |
Short
and intermediate maturity mortgage-
related
fixed income instruments |
1
to 7 years |
Baa
to Aaa; max 10%
of
total assets below
Aaa(9)
|
0% | |
PIMCO
Total Return |
Intermediate
maturity fixed income instruments |
+/-2
years of its
benchmark |
Max
20% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
Total Return II |
Intermediate
maturity fixed income instruments
with
quality and non-U.S. issuer restrictions |
+/-2
years of its
benchmark |
Baa
to Aaa |
0% | |
PIMCO
Total Return ESG |
Intermediate
maturity fixed income instruments
with
prohibitions on firms engaged in socially
sensitive
practices |
+/-2
years of its
benchmark |
Max
20% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
Total Return IV |
Intermediate
maturity fixed income instruments |
+/-1.5
years of its
benchmark |
Baa
to Aaa |
0-15%
of total
assets(11)
| |
PIMCO
Investment Grade Credit Bond |
Investment
grade fixed income securities |
+/-2
years of its
benchmark |
Max
15% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
Long
Duration |
PIMCO
Long Duration Total Return |
Long-term
maturity fixed income instruments |
+/-2
years of its
benchmark |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
|
PIMCO
Extended Duration |
Long-term
maturity fixed income instruments |
+/-3
years of its
benchmark |
B
to Aaa; max 10% of
total
assets below Baa |
0-30%
of total
assets(5)
| |
PIMCO
Long-Term U.S. Government |
Long-term
maturity fixed income securities |
≥
8 years |
A
to Aaa; max 25% Aa;
max
10% A |
0% | |
PIMCO
Mortgage Opportunities and
Bond |
Mortgage-related
assets and fixed income
instruments |
(-1)
to 8 years |
Max
50% of total
assets
below Baa(12)
|
0% | |
PIMCO
Long-Term Credit Bond |
Long-term
maturity fixed income instruments |
+/-2
years of its
benchmark |
B
to Aaa; max 20% of
total
assets below Baa |
0-30%
of total
assets(5)
| |
Income |
PIMCO
ESG Income |
Broad
range of fixed income instruments with
prohibitions
on firms engaged in socially
sensitive
practices |
0
to 8 years Max
50%
of total |
Assets
below Baa(3)
|
No
Limitation(4)
|
PIMCO
Income |
Broad
range of fixed income instruments |
0
to 8 years |
Max
50% of total
assets
below Baa(3)
|
No
Limitation(4)
| |
PIMCO
Preferred and Capital Securities |
Capital
securities and preferred securities |
+/-2
years of its
benchmark |
No
Limitation |
No
Limitation(4)
| |
Inflation-Related |
PIMCO
Real Return |
Inflation-indexed
fixed income instruments |
+/-3
years of its
benchmark |
B
to Aaa; max 10% of
total
assets below
Baa(13)
|
0-30%
of total
assets(5)
|
PIMCO
Long-Term Real Return |
Inflation-indexed
fixed income securities |
+/-4
years of its
benchmark |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
0-30%
of total
assets(5)
| |
PIMCO
CommoditiesPLUS® Strategy |
Commodity-linked
derivative instruments
backed
by an actively managed low volatility
portfolio
of fixed income instruments |
≤
1 year |
Max
10% of total
assets
below Baa |
0-20%(4)
| |
PIMCO
CommodityRealReturn Strategy® |
Commodity-linked
derivative instruments
backed
by a portfolio of inflation-indexed
securities
and other fixed income instruments |
≤
10 years |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
RealEstateRealReturn Strategy |
Real
estate-linked derivative instruments
backed
by a portfolio of inflation-indexed
securities
and other fixed income instruments |
≤
10 years |
Max
10% of total
assets
below Baa |
0-30%
of total
assets(5)
| |
PIMCO
All Asset: Multi-Real |
Derivatives
linked to real assets complemented
by
a portfolio of inflation-linked securities and
other
Fixed Income Instruments |
≤
10 years |
B
to Aaa; max 20%
below
Baa(13)
|
0-30%
of total
assets
with respect
to
the Fund’s
investments
in
Fixed
Income
Instruments(15)
|
Category |
Underlying
PIMCO Fund |
Main
Investments |
Duration |
Credit
Quality(1) |
Non-U.S.
Dollar
Denominated
Instruments(2) |
Tax
Exempt |
PIMCO
California Short Duration
Municipal
Income |
Short
to intermediate maturity municipal
securities
(exempt from federal and California
income
tax) |
≤
3 years |
Caa
to Aaa; max 10%
of
total assets below
Baa |
0% |
PIMCO
California Municipal Bond |
Municipal
securities (exempt from federal and
California
income tax) |
(-2)
to 4 years of
its
benchmark |
Max
20% of total
assets
below Baa |
0% | |
PIMCO
Short Duration Municipal Income |
Short
to intermediate maturity municipal
securities
(exempt from federal income tax) |
≤
3 years |
Baa
to Aaa |
0% | |
PIMCO
California Intermediate Municipal
Bond |
Intermediate
maturity municipal securities
(exempt
from federal and California income
tax) |
(-2)
to 4 years of
its
benchmark |
Max
10% of total
assets
below Baa |
0% | |
PIMCO
Municipal Bond |
Intermediate
to long-term maturity municipal
securities
(exempt from federal income tax) |
(-2)
to 4 years of
its
benchmark |
Max
20% of total
assets
below Baa |
0% | |
PIMCO
National Intermediate Municipal
Bond |
Municipal
securities (exempt from federal
income
tax) |
(-2)
to 4 years of
its
benchmark |
Max
10% of total
assets
below Baa |
0% | |
PIMCO
New York Municipal Bond |
Intermediate
to long-term maturity municipal
securities
(exempt from federal and New York
income
tax) |
(-2)
to 4 years of
its
benchmark |
Max
20% of total
assets
below Baa |
0% | |
PIMCO
High Yield Municipal Bond |
Intermediate
to long-term maturity high yield
municipal
securities (exempt from federal
income
tax) |
(-2)
to 4 years of
its
benchmark |
No
Limitation |
0% | |
International |
PIMCO
Emerging Markets Bond |
Emerging
market fixed income instruments |
+/-
2 years of its
benchmark |
Max
15% of total
assets
below B |
≥
80% of assets(14)
|
PIMCO
Emerging Markets Currency and
Short-Term
Investments |
Currencies
of, or fixed income instruments
denominated
in currencies of, emerging market
countries
and short-term investments |
≤
2 years |
Max
15% of total
assets
below B |
No
Limitation(15)
| |
PIMCO
International Bond
(U.S.
Dollar-Hedged) |
Intermediate
maturity hedged non-U.S. fixed
income
instruments |
+/-3
years of its
benchmark |
Max
10% of total
assets
below Baa |
No
Limitation(5)
| |
PIMCO
International Bond (Unhedged) |
Intermediate
maturity non-U.S. fixed income
instruments |
+/-3
years of its
benchmark |
Max
10% of total
assets
below Baa |
No
Limitation | |
PIMCO
Global Advantage® Strategy
Bond |
U.S.
and non-U.S. fixed income instruments |
≤
8 years |
Max
15% of total
assets
below B |
No
Limitation | |
PIMCO
Global Bond Opportunities
(U.S.
Dollar- Hedged) |
U.S.
and hedged non-U.S. intermediate maturity
fixed
income instruments |
2
to 8 years |
Max
10% of total
assets
below Baa |
No
Limitation(5)
| |
PIMCO
Global Bond Opportunities
(Unhedged) |
U.S.
and non-U.S. intermediate maturity fixed
income
instruments |
2
to 8 years |
Max
10% of total
assets
below Baa |
No
Limitation | |
PIMCO
Diversified Income |
Investment
grade corporate, high yield and
emerging
market fixed income instruments |
3
to 8 years |
Max
10% below B |
No
Limitation | |
PIMCO
Emerging Markets Local Currency
and
Bond |
Currencies
of, or fixed income instruments
denominated
in currencies of, emerging market
countries
and fixed income instruments |
+/-2
years of its
benchmark |
Max
15% of total
assets
below B |
No
Limitation(17)
| |
PIMCO
Emerging Markets Corporate
Bond |
Diversified
portfolio of fixed income
instruments
economically tied to emerging
market
countries |
+/-
2 years of its
benchmark |
Max
15% of total
assets
below B |
No
Limitation | |
Absolute
Return |
PIMCO
Dynamic Bond |
Diversified
portfolio of fixed income
instruments |
(-3)
to 8 years |
Max
40% of total
assets
below Baa |
No
Limitation(18)
|
PIMCO
Strategic Bond |
Diversified
portfolio of fixed income
instruments |
(-1)
to 5 years |
Max
20% of total
assets
below Baa |
No
Limitation(19)
| |
PIMCO
Credit Opportunities Bond |
Diversified
portfolio of fixed income
instruments |
0
to 6 years |
Max
50% of total
assets
below B- |
No
Limitation(5)
| |
PIMCO
TRENDS Managed Futures
Strategy |
Financial
and commodity-linked derivative
instruments
selected by a quantitative strategy
and
generally backed by a short to intermediate
duration
portfolio which may consist of cash
equivalent
securities and fixed income
instruments |
N/A |
No
Limitation |
No
Limitation | |
PIMCO
RAE Fundamental Advantage
PLUS |
Long
exposure to RAE US Large Model Fund,
short
exposure to the S&P 500 Index,
complemented
by a portfolio of fixed income
instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(18)
| |
PIMCO
Climate Bond |
Diversified
portfolio of fixed income
instruments |
2
to 8 years |
Max
25% of total
assets
below Baa |
No
Limitation(5)
|
Category |
Underlying
PIMCO Fund |
Main
Investments |
Duration |
Credit
Quality(1) |
Non-U.S.
Dollar
Denominated
Instruments(2) |
Domestic
Equity-Related |
PIMCO
RAE PLUS |
Exposure
to RAE US Large Model Portfolio
complemented
by a portfolio of fixed income
instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(18)
|
PIMCO
StocksPLUS® Small |
Russell
2000® Index derivatives backed by a
diversified
portfolio of actively managed fixed
income
instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
No
Limitation (20)
| |
PIMCO
StocksPLUS® Long Duration |
S&P
500 Index derivatives backed by a
diversified
portfolio of long-term fixed income
instruments |
+/-2
years of
Bloomberg
Long-Term
Government/Credit
Index(21)
|
B
to Aaa; max 10% of
total
assets below Baa |
0-30%
of total
assets(5)
| |
PIMCO
StocksPLUS® Absolute Return |
S&P
500 Index derivatives backed by a portfolio
of
fixed income instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
No
Limitation (17)
| |
PIMCO
StocksPLUS® |
S&P
500 Index derivatives backed by a portfolio
of
short-term fixed income instruments |
≤
1 year |
B
to Aaa; max 10% of
total
assets below
Baa(13)
|
0-30%
of total
assets(5)
| |
PIMCO
RAE PLUS Small |
Exposure
to RAE US Small Model Portfolio
complemented
by a portfolio of fixed income
instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(18)
| |
PIMCO
RAE US |
Exposure
to RAE US Portfolio |
N/A |
N/A |
0% | |
PIMCO
RAE US Small |
Exposure
to RAE US Small Portfolio |
N/A |
N/A |
0% | |
PIMCO
RAFI ESG U.S. ETF |
Component
Securities of the RAFI ESG US Index |
N/A |
N/A |
0% | |
PIMCO
All Asset: Multi-RAE PLUS |
Long
exposure to a portfolio of stocks
complemented
by a portfolio of fixed income
instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(14)
|
No
Limitation(19)
| |
PIMCO
RAFI Dynamic Multi-Factor
U.S.
Equity ETF |
Component
Securities of the RAFI Dynamic
Multi-Factor
US Index |
N/A |
N/A |
0% | |
International
Equity-Related |
PIMCO
Dividend and Income |
Exposure
to RAE Income Global Fund in Equity
Sleeve;
remainder of portfolio invests in fixed
income
instruments of varying maturities |
N/A |
No
Limitation |
No
Limitation |
PIMCO
RAE PLUS EMG |
Exposure
to RAE Emerging Markets Model
Fund
complemented by a portfolio of fixed
income
instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(20)
| |
PIMCO
StocksPLUS® International
(Unhedged) |
Non-U.S.
equity derivatives backed by a
portfolio
of fixed income instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
No
Limitation(20)
| |
PIMCO
StocksPLUS® International
(U.S.
Dollar- Hedged) |
Non-U.S.
equity derivatives (hedged to
U.S.
dollars) backed by a portfolio of fixed
income
instruments. |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
No
Limitation(20)
| |
PIMCO
RAE PLUS International |
Exposure
to RAE International Large Model
Portfolio
complemented by a portfolio of fixed
income
instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(20)
| |
PIMCO
RAE Worldwide Long/ Short PLUS |
Long
exposure to RAE Low Volatility U.S. Model
Fund,
RAE Low Volatility Intl Model Fund and
RAE
Low Volatility EMG Model Fund, short
exposure
to certain traditional capitalization-
weighted
equity indexes, complemented by a
portfolio
of fixed income instruments |
(-3)
to 8 years |
Max
20% of total
assets
below Baa |
No
Limitation(20)
| |
PIMCO
RAE Emerging Markets |
Exposure
to RAE Emerging Markets Fund |
N/A |
N/A |
No
Limitation | |
PIMCO
RAE International |
Exposure
to RAE International Fund |
N/A |
N/A |
No
Limitation | |
PIMCO
RAFI Dynamic Multi-Factor
Emerging
Markets Equity ETF |
Component
securities of the RAFI Dynamic
Multi-Factor
Emerging Markets Index |
N/A |
N/A |
No
Limitation | |
PIMCO
RAFI Dynamic Multi-Factor
International
Equity ETF |
Component
securities of the RAFI Dynamic
Multi-Factor
Developed Ex-U.S. Index |
N/A |
N/A |
No
Limitation | |
U.S.
Government
Securities |
PIMCO
Government Money Market |
U.S.
government securities |
≤
60 days dollar-
weighted
average
maturity |
Min
97% of total
assets
Prime 1; ≤ 3%
of
total assets Prime 2 |
0% |
Short
Strategies |
PIMCO
StocksPLUS® Short |
Short
S&P 500 Index derivatives backed by a
portfolio
of fixed income instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(13)
|
No
Limitation (18)
|
PIMCO
All Asset: Multi-Short PLUS |
Short
exposure to equity markets
complemented
by a portfolio of fixed income
instruments |
(-3)
to 8 years |
B
to Aaa; max 20% of
total
assets below
Baa(14)
|
No
Limitation(19)
|
Category |
Underlying
PIMCO Fund |
Main
Investments |
Duration |
Credit
Quality(1) |
Non-U.S.
Dollar
Denominated
Instruments(2) |
Actively-Managed
Exchange-Traded
Funds |
PIMCO
Active Bond Exchange-Traded |
Fixed
income instruments of varying maturities |
2
to 8 years |
Max
30% of total
assets
below Baa |
0-15%
of total
assets
(4)
|
PIMCO
Enhanced Low Duration Active
Exchange-
Traded |
Fixed
income instruments of varying maturities |
1
to 3 years |
Max
15% below Baa |
No
Limitation (11)
| |
PIMCO
Enhanced Short Maturity Active
Exchange-
Traded |
Short
to intermediate maturity fixed income
instruments |
≤1
year |
Baa
to Aaa |
0% | |
PIMCO
Intermediate Municipal Bond
Active
Exchange-Traded |
Intermediate
maturity municipal securities
(exempt
from federal income tax) |
(-2)
to 4 years of
its
benchmark |
Baa
to Aaa |
0% | |
PIMCO
Short Term Municipal Bond Active
Exchange-Traded |
Short
maturity municipal securities (exempt
from
federal income tax) |
≤
3 years |
Baa
to Aaa |
0% | |
PIMCO
Enhanced Short Maturity Active
ESG
Exchange-Traded |
Short
to intermediate maturity fixed income
instruments |
˂1
year |
Baa
to Aaa |
0-10%
of total
assets | |
Index
Exchange-
Traded
Funds |
PIMCO
0-5 Year High Yield Corporate
Bond
Index Exchange-Traded |
Component
securities of the ICE BofAML 0-5
Year
US High Yield Constrained Index |
Intended
to closely
correspond
to the
portfolio
duration
of
the securities
comprising
the
underlying
index,
as
calculated by
PIMCO |
N/A |
N/A |
PIMCO
1-3 Year U.S. Treasury Index
Exchange-Traded |
Component
securities of the ICE BofAML 1-3
Year
US Treasury Index |
Intended
to closely
correspond
to the
portfolio
duration
of
the securities
comprising
the
underlying
index,
as
calculated by
PIMCO |
N/A |
N/A | |
PIMCO
1-5 Year U.S. TIPS Index
Exchange-Traded |
Component
securities of the ICE BofAML 1-5
Year
US Inflation-Linked Trasury Index |
N/A |
N/A |
Nf/A | |
PIMCO
15+ Year U.S. TIPS Index
Exchange-Traded |
Component
securities of the ICE BofAML 15+
Year
US Inflation-Linked Treasury Index |
N/A |
N/A |
N/A | |
PIMCO
25+ Year Zero Coupon
U.S.
Treasury Index Exchange- Traded |
Component
Securities of the ICE BofAML Long
US
Treasury Principal STRIPS Index |
Intended
to closely
correspond
to the
portfolio
duration
of
the securities
comprising
the
underlying
index,
as
calculated by
PIMCO |
N/A |
N/A | |
PIMCO
Broad U.S. TIPS Index
Exchange-Traded |
Component
securities of the ICE BofAML US
Inflation-Linked
Trasury Index |
N/A |
N/A |
N/A | |
PIMCO
Investment Grade Corporate
Bond
Index Exchange-Traded |
Component
securities of the ICE BofAML US
Corporate
Index |
Intended
to closely
correspond
to the
portfolio
duration
of
the securities
comprisng
the
underlying
index,
as
calculated by
PIMCO |
N/A |
N/A |
|
|
Investment
Operations |
Less
Distributions(c)
| |||||
|
|
|
| |||||
Selected
Per Share Data for
the
Year or Period Ended^: |
Net
Asset Value
Beginning
of
Year
or Period(a)
|
Net
Investment
Income
(Loss)(b)
|
Net
Realized/
Unrealized
Gain
(Loss) |
Total |
From
Net
Investment
Income |
From
Net
Realized
Capital
Gain |
Tax
Basis
Return
of
Capital |
Total |
PIMCO
All Asset Fund |
|
|
|
| ||||
Institutional
Class |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.94 |
$0.84 |
$2.80 |
$3.64 |
$(0.81) |
$0.00 |
$0.00 |
$(0.81) |
03/31/2020 |
11.48 |
0.32 |
(1.49) |
(1.17) |
(0.36) |
0.00 |
(0.01) |
(0.37) |
03/31/2019 |
12.12 |
0.59 |
(0.63) |
(0.04) |
(0.60) |
0.00 |
0.00 |
(0.60) |
03/31/2018 |
11.69 |
0.54 |
0.47 |
1.01 |
(0.58) |
0.00 |
0.00 |
(0.58) |
03/31/2017 |
10.68 |
0.35 |
1.04 |
1.39 |
(0.36) |
0.00 |
(0.02) |
(0.38) |
I-2 |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.97 |
$0.84 |
$2.79 |
$3.63 |
$(0.80) |
$0.00 |
$0.00 |
$(0.80) |
03/31/2020 |
11.50 |
0.31 |
(1.48) |
(1.17) |
(0.35) |
0.00 |
(0.01) |
(0.36) |
03/31/2019 |
12.14 |
0.56 |
(0.61) |
(0.05) |
(0.59) |
0.00 |
0.00 |
(0.59) |
03/31/2018 |
11.72 |
0.53 |
0.46 |
0.99 |
(0.57) |
0.00 |
0.00 |
(0.57) |
03/31/2017 |
10.70 |
0.34 |
1.05 |
1.39 |
(0.35) |
0.00 |
(0.02) |
(0.37) |
I-3 |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.97 |
$`1.07 |
$2.55 |
$3.62 |
$(0.79) |
$0.00 |
$0.00 |
$(0.79) |
03/31/2020 |
11.50 |
0.22 |
(1.41) |
(1.19) |
(0.33) |
0.00 |
(0.01) |
(0.34) |
04/27/2018
- 03/31/2019 |
12.14 |
0.50 |
(0.55) |
(0.05) |
(0.59) |
0.00 |
0.00 |
(0.59) |
Administrative
Class |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.97 |
$0.81 |
$2.80 |
$3.61 |
$(0.78) |
$0.00 |
$0.00 |
$(0.78) |
03/31/2020 |
11.50 |
0.29 |
(1.48) |
(1.19) |
(0.33) |
0.00 |
(0.01) |
(0.34) |
03/31/2019 |
12.14 |
0.55 |
(0.62) |
(0.07) |
(0.57) |
0.00 |
0.00 |
(0.57) |
03/31/2018 |
11.72 |
0.52 |
0.45 |
0.97 |
(0.55) |
0.00 |
0.00 |
(0.55) |
03/31/2017 |
10.70 |
0.31 |
1.06 |
1.37 |
(0.33) |
0.00 |
(0.02) |
(0.35) |
Class
A |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.96 |
$0.80 |
$2.78 |
$3.58 |
$(0.76) |
$0.00 |
$0.00 |
$(0.76) |
03/31/2020 |
11.49 |
0.27 |
(1.48) |
(1.21) |
(0.31) |
0.00 |
(0.01) |
(0.32) |
03/31/2019 |
12.13 |
0.53 |
(0.62) |
(0.09) |
(0.55) |
0.00 |
0.00 |
(0.55) |
03/31/2018 |
11.71 |
0.47 |
0.48 |
0.95 |
(0.53) |
0.00 |
0.00 |
(0.53) |
03/31/2017 |
10.70 |
0.29 |
1.05 |
1.34 |
(0.31) |
0.00 |
(0.02) |
(0.33) |
Class
C |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.91 |
$0.52 |
$2.95 |
$3.47 |
$(0.64) |
$0.00 |
$0.00 |
$(0.64) |
03/31/2020 |
11.44 |
0.18 |
(1.48) |
(1.30) |
(0.22) |
0.00 |
(0.01) |
(0.23) |
03/31/2019 |
12.08 |
0.44 |
(0.62) |
(0.18) |
(0.46) |
0.00 |
0.00 |
(0.46) |
03/31/2018 |
11.66 |
0.39 |
0.47 |
0.86 |
(0.44) |
0.00 |
0.00 |
(0.44) |
03/31/2017 |
10.66 |
0.20 |
1.05 |
1.25 |
(0.23) |
0.00 |
(0.02) |
(0.25) |
Class
R |
|
|
|
|
|
|
|
|
03/31/2021 |
$9.89 |
$0.76 |
$2.76 |
$3.52 |
$(0.73) |
$0.00 |
$0.00 |
$(0.73) |
03/31/2020 |
11.42 |
0.24 |
(1.48) |
(1.24) |
(0.28) |
0.00 |
(0.01) |
(0.29) |
03/31/2019 |
12.06 |
0.50 |
(0.62) |
(0.12) |
(0.52) |
0.00 |
0.00 |
(0.52) |
03/31/2018 |
11.64 |
0.45 |
0.47 |
0.92 |
(0.50) |
0.00 |
0.00 |
(0.50) |
03/31/2017 |
10.64 |
0.26 |
1.04 |
1.30 |
(0.28) |
0.00 |
(0.02) |
(0.30) |
|
|
Ratios/Supplemental
Data | ||||||
|
|
|
Ratios
to Average Net Assets(d)
|
| ||||
Net
Asset Value End
of
Year or Period(a)
|
Total
Return(a)
|
Net
Assets End of
Year
or Period
(000s) |
Expenses |
Expenses
Excluding
Waivers |
Expenses
Excluding
Interest
Expense and
Dividends
on Securities
Sold
Short |
Expenses
Excluding
Interest
Expense,
Dividends
on Securities
Sold
Short and Waivers |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$12.77 |
37.13% |
$14,734,941 |
0.135% |
0.225% |
0.135% |
0.225% |
7.22% |
143% |
9.94 |
(10.61) |
13,039,098 |
0.075 |
0.225 |
0.075 |
0.225 |
2.79 |
44 |
11.48 |
(0.13) |
15,726,640 |
0.095 |
0.225 |
0.095 |
0.225 |
5.08 |
42 |
12.12 |
8.77 |
17,292,168 |
0.125 |
0.225 |
0.125 |
0.225 |
4.48 |
37 |
11.69 |
13.21 |
16,330,803 |
0.085 |
0.225 |
0.085 |
0.225 |
3.06 |
54 |
|
|
|
|
|
|
|
|
|
$12.80 |
36.89% |
$547,542 |
0.235% |
0.325% |
0.235% |
0.325% |
7.16% |
143% |
9.97 |
(10.59) |
465,828 |
0.175 |
0.325 |
0.175 |
0.325 |
2.69 |
44 |
11.50 |
(0.24) |
578,778 |
0.195 |
0.325 |
0.195 |
0.325 |
4.86 |
42 |
12.14 |
8.56 |
745,549 |
0.225 |
0.325 |
0.225 |
0.325 |
4.39 |
37 |
11.72 |
13.18 |
588,700 |
0.185 |
0.325 |
0.185 |
0.325 |
3.02 |
54 |
|
|
|
|
|
|
|
|
|
$12.80 |
36.86% |
$9,628 |
0.285% |
0.425% |
0.285% |
0.425% |
8.82% |
143% |
9.97 |
(10.75) |
1,457 |
0.225 |
0.425 |
0.225 |
0.425 |
1.93 |
44 |
11.50 |
(0.23) |
10,560 |
0.245* |
0.425* |
0.245* |
0.425* |
4.72* |
42 |
|
|
|
|
|
|
|
|
|
$12.80 |
36.71% |
$101,104 |
0.385% |
0.475% |
0.385% |
0.475% |
6.91% |
143% |
9.97 |
(10.72) |
89,662 |
0.325 |
0.475 |
0.325 |
0.475 |
2.52 |
44 |
11.50 |
(0.39) |
120,445 |
0.345 |
0.475 |
0.345 |
0.475 |
4.75 |
42 |
12.14 |
8.40 |
164,254 |
0.375 |
0.475 |
0.375 |
0.475 |
4.30 |
37 |
11.72 |
13.00 |
191,878 |
0.335 |
0.475 |
0.335 |
0.475 |
2.75 |
54 |
|
|
|
|
|
|
|
|
|
$12.78 |
36.41% |
$890,767 |
0.585% |
0.675% |
0.585% |
0.675% |
6.88% |
143% |
9.96 |
(10.90) |
720,356 |
0.525 |
0.675 |
0.525 |
0.675 |
2.33 |
44 |
11.49 |
(0.57) |
962,181 |
0.545 |
0.675 |
0.545 |
0.675 |
4.58 |
42 |
12.13 |
8.21 |
1,132,320 |
0.575 |
0.675 |
0.575 |
0.675 |
3.88 |
37 |
11.71 |
12.67 |
730,425 |
0.565(e)
|
0.705(e)
|
0.565(e)
|
0.705(e)
|
2.58 |
54 |
|
|
|
|
|
|
|
|
|
$12.74 |
35.41% |
$67,808 |
1.335% |
1.425% |
1.335% |
1.425% |
4.56% |
143% |
9.91 |
(11.63) |
181,495 |
1.275 |
1.425 |
1.275 |
1.425 |
1.55 |
44 |
11.44 |
(1.33) |
318,896 |
1.295 |
1.425 |
1.295 |
1.425 |
3.81 |
42 |
12.08 |
7.45 |
444,532 |
1.325 |
1.425 |
1.325 |
1.425 |
3.25 |
37 |
11.66 |
11.82 |
663,861 |
1.315(e)
|
1.455(e)
|
1.315(e)
|
1.455(e)
|
1.82 |
54 |
|
|
|
|
|
|
|
|
|
$12.68 |
36.05% |
$46,373 |
0.835% |
0.925% |
0.835% |
0.925% |
6.54% |
143% |
9.89 |
(11.18) |
41,037 |
0.775 |
0.925 |
0.775 |
0.925 |
2.08 |
44 |
11.42 |
(0.82) |
53,464 |
0.795 |
0.925 |
0.795 |
0.925 |
4.36 |
42 |
12.06 |
8.00 |
64,912 |
0.825 |
0.925 |
0.825 |
0.925 |
3.79 |
37 |
11.64 |
12.39 |
71,325 |
0.815(e)
|
0.955(e)
|
0.815(e)
|
0.955(e)
|
2.33 |
54 |
|
|
Investment
Operations |
Less
Distributions(c)
| |||||
|
|
|
| |||||
Selected
Per Share Data for
the
Year or Period Ended^: |
Net
Asset Value
Beginning
of
Year
or Period(a)
|
Net
Investment
Income
(Loss)(b)
|
Net
Realized/
Unrealized
Gain
(Loss) |
Total |
From
Net
Investment
Income |
From
Net
Realized
Capital
Gain |
Tax
Basis
Return
of
Capital |
Total |
PIMCO
All Asset All Authority Fund |
|
|
|
| ||||
Institutional
Class |
|
|
|
|
|
|
|
|
03/31/2021 |
$6.66 |
$0.71 |
$1.75 |
$2.46 |
$(0.63) |
$0.00 |
$0.00 |
$(0.63) |
03/31/2020 |
8.17 |
0.16 |
(1.46) |
(1.30) |
(0.21) |
0.00 |
0.00 |
(0.21) |
03/31/2019 |
8.90 |
0.44 |
(0.70) |
(0.26) |
(0.47) |
0.00 |
(0.00) |
(0.47) |
03/31/2018 |
8.76 |
0.44 |
0.19 |
0.63 |
(0.48) |
0.00 |
(0.01) |
(0.49) |
03/31/2017 |
8.04 |
0.25 |
0.75 |
1.00 |
(0.25) |
0.00 |
(0.03) |
(0.28) |
I-2 |
|
|
|
|
|
|
|
|
03/31/2021 |
$6.66 |
$0.69 |
$1.77 |
$2.46 |
$(0.62) |
$0.00 |
$0.00 |
$(0.62) |
03/31/2020 |
8.18 |
0.15 |
(1.46) |
(1.31) |
(0.21) |
0.00 |
0.00 |
(0.21) |
03/31/2019 |
8.91 |
0.41 |
(0.68) |
(0.27) |
(0.46) |
0.00 |
(0.00) |
(0.46) |
03/31/2018 |
8.77 |
0.43 |
0.19 |
0.62 |
(0.47) |
0.00 |
(0.01) |
(0.48) |
03/31/2017 |
8.05 |
0.24 |
0.75 |
0.99 |
(0.24) |
0.00 |
(0.03) |
(0.27) |
I-3 |
|
|
|
|
|
|
|
|
03/31/2021 |
$6.66 |
$0.62 |
$1.84 |
$2.46 |
$(0.62) |
$0.00 |
$0.00 |
$(0.62) |
03/31/2020 |
8.17 |
0.09 |
(1.41) |
(1.32) |
(0.19) |
0.00 |
0.00 |
(0.19) |
04/27/2018
- 03/31/2019 |
8.90 |
0.43 |
(0.70) |
(0.27) |
(0.46) |
0.00 |
(0.00) |
(0.46) |
Class
A |
|
|
|
|
|
|
|
|
03/31/2021 |
$6.66 |
$0.73 |
$1.70 |
$2.43 |
$(0.60) |
$0.00 |
$0.00 |
$(0.60) |
03/31/2020 |
8.18 |
0.13 |
(1.47) |
(1.34) |
(0.18) |
0.00 |
0.00 |
(0.18) |
03/31/2019 |
8.91 |
0.40 |
(0.70) |
(0.30) |
(0.43) |
0.00 |
(0.00) |
(0.43) |
03/31/2018 |
8.77 |
0.38 |
0.21 |
0.59 |
(0.44) |
0.00 |
(0.01) |
(0.45) |
03/31/2017 |
8.05 |
0.21 |
0.76 |
0.97 |
(0.22) |
0.00 |
(0.03) |
(0.25) |
Class
C |
|
|
|
|
|
|
|
|
03/31/2021 |
$6.66 |
$0.48 |
$1.89 |
$2.37 |
$(0.52) |
$0.00 |
$0.00 |
$(0.52) |
03/31/2020 |
8.18 |
0.06 |
(1.46) |
(1.40) |
(0.12) |
0.00 |
0.00 |
(0.12) |
03/31/2019 |
8.91 |
0.33 |
(0.69) |
(0.36) |
(0.37) |
0.00 |
(0.00) |
(0.37) |
03/31/2018 |
8.77 |
0.33 |
0.19 |
0.52 |
(0.37) |
0.00 |
(0.01) |
(0.38) |
03/31/2017 |
8.06 |
0.14 |
0.76 |
0.90 |
(0.16) |
0.00 |
(0.03) |
(0.19) |
|
|
Ratios/Supplemental
Data | ||||||
|
|
|
Ratios
to Average Net Assets(d)
|
| ||||
Net
Asset Value End
of
Year or Period(a)
|
Total
Return(a)
|
Net
Assets End of
Year
or Period
(000s) |
Expenses |
Expenses
Excluding
Waivers |
Expenses
Excluding
Interest
Expense and
Dividends
on Securities
Sold
Short |
Expenses
Excluding
Interest
Expense,
Dividends
on Securities
Sold
Short and Waivers |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$8.49 |
37.48% |
$2,289,116 |
0.73%(f)
|
0.76%(f)
|
0.23% |
0.26% |
9.12% |
159% |
6.66 |
(16.32) |
2,349,263 |
1.44(f)
|
1.53(f)
|
0.16 |
0.25 |
1.99 |
45 |
8.17 |
(2.78) |
4,080,399 |
1.55(f)
|
1.62(f)
|
0.18 |
0.25 |
5.25 |
39 |
8.90 |
7.28 |
5,692,188 |
1.12(f)
|
1.16(f)
|
0.21 |
0.25 |
4.92 |
35 |
8.76 |
12.66 |
5,690,312 |
0.80(f)
|
0.87(f)
|
0.18 |
0.25 |
2.90 |
51 |
|
|
|
|
|
|
|
|
|
$8.50 |
37.51% |
$289,056 |
0.83%(f)
|
0.86%(f)
|
0.33% |
0.36% |
8.83% |
159% |
6.66 |
(16.51) |
331,178 |
1.54(f)
|
1.63(f)
|
0.26 |
0.35 |
1.88 |
45 |
8.18 |
(2.88) |
605,219 |
1.65(f)
|
1.72(f)
|
0.28 |
0.35 |
4.92 |
39 |
8.91 |
7.18 |
935,337 |
1.22(f)
|
1.26(f)
|
0.31 |
0.35 |
4.80 |
35 |
8.77 |
12.54 |
838,859 |
0.90(f)
|
0.97(f)
|
0.28 |
0.35 |
2.85 |
51 |
|
|
|
|
|
|
|
|
|
$8.50 |
37.46% |
$11,581 |
0.88%
(f)
|
0.96%(f)
|
0.38% |
0.46% |
7.70% |
159% |
6.66 |
(16.52) |
1,561 |
1.59(f)
|
1.73(f)
|
0.31 |
0.45 |
1.07 |
45 |
8.17 |
(2.88) |
26,421 |
1.70(f)* |
1.82(f)* |
0.33* |
0.45* |
5.60* |
39 |
|
|
|
|
|
|
|
|
|
$8.49 |
36.95% |
$465,005 |
1.18%(f)
|
1.21%(f)
|
0.68% |
0.71% |
9.24% |
159% |
6.66 |
(16.79) |
343,870 |
1.89(f)
|
1.98(f)
|
0.61 |
0.70 |
1.55 |
45 |
8.18 |
(3.22) |
524,713 |
2.00(f)
|
2.07(f)
|
0.63 |
0.70 |
4.72 |
39 |
8.91 |
6.82 |
740,822 |
1.57(f)
|
1.61(f)
|
0.66 |
0.70 |
4.21 |
35 |
8.77 |
12.16 |
557,523 |
1.25(f)
|
1.32(f)
|
0.63 |
0.70 |
2.42 |
51 |
|
|
|
|
|
|
|
|
|
$8.51 |
35.91% |
$64,967 |
1.93%(f)
|
1.96%(f)
|
1.43% |
1.46% |
6.18% |
159% |
6.66 |
(17.41) |
184,046 |
2.64(f)
|
2.73(f)
|
1.36 |
1.45 |
0.74 |
45 |
8.18 |
(3.96) |
376,183 |
2.75(f)
|
2.82(f)
|
1.38 |
1.45 |
3.98 |
39 |
8.91 |
6.04 |
556,929 |
2.32(f)
|
2.36(f)
|
1.41 |
1.45 |
3.69 |
35 |
8.77 |
11.29 |
742,593 |
2.00(f)
|
2.07(f)
|
1.38 |
1.45 |
1.64 |
51 |
|
|
Investment
Operations |
Less
Distributions(c)
| |||||
|
|
|
| |||||
Selected
Per Share Data for
the
Year or Period Ended^: |
Net
Asset Value
Beginning
of
Year
or Period(a)
|
Net
Investment
Income
(Loss)(b)
|
Net
Realized/
Unrealized
Gain
(Loss) |
Total |
From
Net
Investment
Income |
From
Net
Realized
Capital
Gain |
Tax
Basis
Return
of
Capital |
Total |
PIMCO
Global Core Asset Allocation Fund (Consolidated) |
|
|
|
| ||||
Institutional
Class |
|
|
|
|
|
|
|
|
03/31/2021 |
$10.80 |
$0.14 |
$3.85 |
$3.99 |
$(1.21) |
$0.00 |
$0.00 |
$(1.21) |
03/31/2020 |
12.58 |
0.34 |
(1.50) |
(1.16) |
(0.62) |
0.00 |
0.00 |
(0.62) |
03/31/2019 |
12.55 |
0.30 |
0.12 |
0.42 |
(0.34) |
0.00 |
(0.05) |
(0.39) |
03/31/2018 |
11.77 |
0.29 |
0.73 |
1.02 |
(0.24) |
0.00 |
0.00 |
(0.24) |
03/31/2017 |
10.82 |
0.28 |
0.92 |
1.20 |
(0.25) |
0.00 |
0.00 |
(0.25) |
I-2 |
|
|
|
|
|
|
|
|
03/31/2021 |
$10.78 |
$0.12 |
$3.85 |
$3.97 |
$(1.20) |
$0.00 |
$0.00 |
$(1.20) |
03/31/2020 |
12.56 |
0.32 |
(1.49) |
(1.17) |
(0.61) |
0.00 |
0.00 |
(0.61) |
03/31/2019 |
12.53 |
0.29 |
0.12 |
0.41 |
(0.33) |
0.00 |
(0.05) |
(0.38) |
03/31/2018 |
11.75 |
0.27 |
0.74 |
1.01 |
(0.23) |
0.00 |
0.00 |
(0.23) |
03/31/2017 |
10.80 |
0.27 |
0.92 |
1.19 |
(0.24) |
0.00 |
0.00 |
(0.24) |
Class
A |
|
|
|
|
|
|
|
|
03/31/2021 |
$10.70 |
$0.06 |
$3.82 |
$3.88 |
$(1.16) |
$0.00 |
$0.00 |
$(1.16) |
03/31/2020 |
12.47 |
0.27 |
(1.47) |
(1.20) |
(0.57) |
0.00 |
0.00 |
(0.57) |
03/31/2019 |
12.44 |
0.24 |
0.13 |
0.37 |
(0.29) |
0.00 |
(0.05) |
(0.34) |
03/31/2018 |
11.67 |
0.23 |
0.73 |
0.96 |
(0.19) |
0.00 |
0.00 |
(0.19) |
03/31/2017 |
10.73 |
0.22 |
0.91 |
1.13 |
(0.19) |
0.00 |
0.00 |
(0.19) |
Class
C |
|
|
|
|
|
|
|
|
03/31/2021 |
$10.41 |
$0.01 |
$3.67 |
$3.68 |
$(1.03) |
$0.00 |
$0.00 |
$(1.03) |
03/31/2020 |
12.13 |
0.19 |
(1.46) |
(1.27) |
(0.45) |
0.00 |
0.00 |
(0.45) |
03/31/2019 |
12.11 |
0.14 |
0.13 |
0.27 |
(0.20) |
0.00 |
(0.05) |
(0.25) |
03/31/2018 |
11.37 |
0.13 |
0.71 |
0.84 |
(0.10) |
0.00 |
0.00 |
(0.10) |
03/31/2017 |
10.46 |
0.13 |
0.89 |
1.02 |
(0.11) |
0.00 |
0.00 |
(0.11) |
|
|
Ratios/Supplemental
Data | ||||||
|
|
|
Ratios
to Average Net Assets(d)
|
| ||||
Net
Asset Value End
of
Year or Period(a)
|
Total
Return(a)
|
Net
Assets End of
Year
or Period
(000s) |
Expenses |
Expenses
Excluding
Waivers |
Expenses
Excluding
Interest
Expense and
Dividends
on Securities
Sold
Short |
Expenses
Excluding
Interest
Expense,
Dividends
on Securities
Sold
Short and Waivers |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$13.58 |
38.21% |
$167,863 |
0.85% |
1.00% |
0.84% |
0.99% |
1.09% |
182% |
10.80 |
(9.46) |
121,437 |
1.13 |
1.36 |
0.80 |
1.03 |
2.70 |
511 |
12.58 |
3.46 |
201,102 |
1.17 |
1.42 |
0.77 |
1.02 |
2.41 |
551 |
12.55 |
8.67 |
231,278 |
1.02 |
1.23 |
0.81 |
1.02 |
2.31 |
403 |
11.77 |
11.19 |
290,714 |
0.89 |
1.13 |
0.79 |
1.03 |
2.49 |
327 |
|
|
|
|
|
|
|
|
|
$13.55 |
38.06% |
$42,347 |
0.95% |
1.10% |
0.94% |
1.09% |
0.91% |
182% |
10.78 |
(9.56) |
34,956 |
1.23 |
1.46 |
0.90 |
1.13 |
2.53 |
511 |
12.56 |
3.37 |
45,560 |
1.27 |
1.52 |
0.87 |
1.12 |
2.34 |
551 |
12.53 |
8.59 |
49,093 |
1.12 |
1.33 |
0.91 |
1.12 |
2.20 |
403 |
11.75 |
11.10 |
47,466 |
0.99 |
1.23 |
0.89 |
1.13 |
2.40 |
327 |
|
|
|
|
|
|
|
|
|
$13.42 |
37.47% |
$130,491 |
1.30% |
1.45% |
1.29% |
1.44% |
0.51% |
182% |
10.70 |
(9.83) |
85,249 |
1.58 |
1.81 |
1.25 |
1.48 |
2.13 |
511 |
12.47 |
3.03 |
95,828 |
1.62 |
1.87 |
1.22 |
1.47 |
1.98 |
551 |
12.44 |
8.21 |
110,703 |
1.47 |
1.68 |
1.26 |
1.47 |
1.85 |
403 |
11.67 |
10.61 |
97,853 |
1.42(e)
|
1.66(e)
|
1.32(e)
|
1.56(e)
|
1.97 |
327 |
|
|
|
|
|
|
|
|
|
$13.06 |
36.47% |
$10,493 |
2.05% |
2.20% |
2.04% |
2.19% |
0.11% |
182% |
10.41 |
(10.54) |
31,859 |
2.33 |
2.56 |
2.00 |
2.23 |
1.54 |
511 |
12.13 |
2.27 |
62,647 |
2.37 |
2.62 |
1.97 |
2.22 |
1.20 |
551 |
12.11 |
7.39 |
85,585 |
2.22 |
2.43 |
2.01 |
2.22 |
1.11 |
403 |
11.37 |
9.81 |
105,531 |
2.17(e)
|
2.41(e)
|
2.07(e)
|
2.31(e)
|
1.21 |
327 |
Front-end
Sales Load Waivers on Class A Shares available at Merrill
Lynch |
Employer-sponsored
retirement, deferred compensation and employee benefit plans (including
health savings accounts) and trusts used to fund those plans, provided
that the shares are not held in
a
commission-based brokerage account and shares are held for the benefit of
the plan |
Shares
purchased by a 529 Plan (does not include 529 Plan units or 529-specific
share classes or equivalents) |
Shares
purchased through a Merrill Lynch affiliated investment advisory
program |
Shares
of Funds purchased through the Merrill Edge Self-Directed
platform |
Shares
exchanged due to the holdings moving from a Merrill Lynch affiliated
investment advisory program to a Merrill Lynch brokerage (non-advisory)
account pursuant to Merrill Lynch’s policies
relating
to sales load discounts and waivers |
Shares
purchased by third party investment advisors on behalf of their advisory
clients through Merrill Lynch’s platform |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same fund (but not any other
fund within the fund family) |
Shares
exchanged from Class C (i.e.,
level-load) shares of the same fund pursuant to Merrill Lynch’s policies
relating to sales load discounts and waivers |
Employees
and registered representatives of Merrill Lynch or its affiliates and
their family members |
Directors
or Trustees of the Fund, and employees of the Fund’s investment adviser or
any of its affiliates, as described in the this
prospectus |
Eligible
shares purchased from the proceeds of redemptions within the same fund
family, provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and
purchase
occur in the same account, and (3) redeemed shares were subject to a
front-end or deferred sales load (known as Rights of Reinstatement).
Automated transactions (i.e.
systematic
purchases
and withdrawals) and purchases made after shares are automatically sold to
pay Merrill Lynch’s account maintenance fees are not eligible for
reinstatement |
CDSC
Waivers on A and C Shares available at Merrill
Lynch |
Death
or disability of the shareholder |
Shares
sold as part of a systematic withdrawal plan as described in the Fund’s
prospectus |
Return
of excess contributions from an IRA Account |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts pursuant to the Internal Revenue Code |
Shares
sold to pay Merrill Lynch fees but only if the transaction is initiated by
Merrill Lynch |
Shares
acquired through a right of reinstatement |
Shares
held in retirement brokerage accounts, that are exchanged for a lower cost
share class due to transfer to a certain fee based account or platform
(applicable to A and C shares only) |
Class
A shares sold as a result of exchanges of shares purchased through a
Merrill Lynch affiliated investment advisory program due to the holdings
moving from the program to a Merrill Lynch
brokerage
(non-advisory) account |
Shares
received through an exchange due to the holdings moving from a Merrill
Lynch affiliated investment advisory program to a Merrill Lynch brokerage
(non-advisory) account pursuant to Merrill
Lynch’s
policies relating to sales load discounts and
waivers |
Front-end
load Discounts Available at Merrill Lynch: Breakpoints, Rights of
Accumulation & Letters of Intent |
Breakpoints
as described in this prospectus. |
Rights
of Accumulation (ROA) which entitle shareholders to breakpoint discounts
as described in the Fund’s prospectus will be automatically calculated
based on the aggregated holding of fund
family
assets held by accounts (including 529 program holdings, where applicable)
within the purchaser’s household at Merrill Lynch. Eligible fund family
assets not held at Merrill Lynch may be
included
in the ROA calculation only if the shareholder notifies his or her
financial advisor about such assets |
Letters
of Intent (LOI) which allow for breakpoint discounts based on anticipated
purchases within a fund family, through Merrill Lynch, over a 13-month
period of time |
Class
A Shares Front-End Sales Charge Waivers available at Ameriprise
Financial |
Employer-sponsored
retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b)
plans, profit sharing and money purchase pension plans and defined benefit
plans). For purposes of
this
provision, employer-sponsored retirement plans do not include SEP IRAs,
Simple IRAs or SAR-SEPs. |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same Fund (but not any other
fund within the same fund family). |
Shares
exchanged from Class C shares of the same fund in the month of or
following the 7-year anniversary of the purchase date. To the extent that
this prospectus elsewhere provides for a waiver
with
respect to exchanges of Class C shares or conversion of Class C shares
following a shorter holding period, that waiver will
apply. |
Employees
and registered representatives of Ameriprise Financial or its affiliates
and their immediate family members. |
Shares
purchased by or through qualified accounts (including IRAs, Coverdell
Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and
defined benefit plans) that are held by a
covered
family member, defined as an Ameriprise financial advisor and/or the
advisor’s spouse, advisor’s lineal ascendant (mother, father, grandmother,
grandfather, great grandmother, great
grandfather),
advisor’s lineal descendant (son, step-son, daughter, step-daughter,
grandson, granddaughter, great grandson, great granddaughter) or any
spouse of a covered family member who is
a
lineal descendant. |
Shares
purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase
occur
in the same account, and (3) redeemed shares were subject to a front-end
or deferred sales load (i.e.
Rights of Reinstatement). |
Front-end
Sales Charge Waivers on Class A Shares available at Morgan Stanley Wealth
Management |
Employer-sponsored
retirement plans (e.g.,
401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing
and money purchase pension plans and defined benefit plans). For purposes
of
this
provision, employer-sponsored retirement plans do not include SEP IRAs,
Simple IRAs, SAR-SEPs or Keogh plans. |
Morgan
Stanley employee and employee-related accounts according to Morgan
Stanley’s account linking rules. |
Shares
purchased through reinvestment of dividends and capital gains
distributions when purchasing shares of the same
Fund. |
Shares
purchased through a Morgan Stanley self-directed brokerage
account. |
Class
C (i.e.,
level-load) shares that are no longer subject to a contingent deferred
sales charge and are converted to Class A shares of the same Fund pursuant
to Morgan Stanley Wealth
Management’s
share class conversion program. |
Shares
purchased from the proceeds of redemptions within the same fund family,
provided (i) the repurchase occurs within 90 days following the
redemption, (ii) the redemption and purchase occur
in
the same account, and (iii) redeemed shares were subject to a front-end or
deferred sales charge. |
Front-end
sales load waivers on Class A Shares available at Raymond
James |
Shares
purchased in an investment advisory program. |
Shares
purchased within the same fund family through a systematic reinvestment of
capital gains and dividend distributions. |
Employees
and registered representatives of Raymond James and their family members
as designated by Raymond James. |
Shares
purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase
occur
in the same account, and (3) redeemed shares were subject to a front-end
or deferred sales load (known as Rights of
Reinstatement). |
A
shareholder in the Fund’s Class C shares will have their shares converted
at net asset value to Class A shares (or the appropriate share class as
determined by Raymond James) of the Fund if the
shares
are no longer subject to a CDSC and the conversion is in line with the
policies and the procedures of Raymond James. More information regarding
mutual fund shares purchased through a
Raymond
James platform or account, including the conversion described above, can
be found in the Mutual Fund Investing disclosures available on the Raymond
James website. |
CDSC
Waivers on Class A and C Shares available at Raymond
James |
Death
or disability of the shareholder. |
Shares
sold as part of a systematic withdrawal plan as described in the fund’s
prospectus. |
Return
of excess contributions from an IRA Account. |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts due to the shareholder reaching the qualified age based on
applicable Internal Revenue Service regulations as
described
in the fund’s prospectus or
SAI. |
Shares
sold to pay Raymond James fees but only if the transaction is initiated by
Raymond James. |
Shares
acquired through a right of reinstatement. |
Front-end
Load Discounts available at Raymond James: Breakpoints, Rights of
Accumulation and/or Letters of Intent |
Breakpoints
as described in this prospectus. |
Rights
of accumulation which entitle shareholders to breakpoint discounts will be
automatically calculated based on the aggregated holding of fund family
assets held by accounts within the
purchaser’s
household at Raymond James. Eligible fund family assets not held at
Raymond James may be included in the calculation of rights of accumulation
only if the shareholder notifies his or
her
financial advisor about such assets. |
Letters
of intent which allow for breakpoint discounts based on anticipated
purchases within a fund family, over a 13-month time period. Eligible fund
family assets not held at Raymond James may
be
included in the calculation of letters of intent only if the shareholder
notifies his or her financial advisor about such
assets. |
Front-end
Sales Charge Waivers on Class A Shares available at Edward
Jones |
Shares
purchased or exchanged by associates of Edward Jones and its affiliates
and their family members who have accounts grouped by Edward Jones with
other accounts for the purpose of
providing
certain pricing considerations (“pricing groups,” as determined by Edward
Jones under its policies and procedures). This waiver will continue for
the remainder of the associate’s life if the
associate
retires from Edward Jones in good-standing and remains in good standing
pursuant to Edward Jones’ policies and
procedures. |
Shares
purchased through an Edward Jones fee-based
program |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment |
Shares
purchased from the proceeds of redeemed shares of the same fund family,
provided (1) the proceeds are from the sale of shares within 60 days of
the purchase, and (2) the sale and purchase
are
made in the same share class and the same account, or the purchase is made
in an IRA with proceeds from liquidations in a non-retirement
account. |
Shares
exchanged into Class A shares from another share class so long as the
exchange is into the same Fund and was initiated at the discretion of
Edward Jones. Edward Jones is responsible for
any
remaining CDSC, if applicable. Any future purchases are subject to the
applicable sales charge as disclosed in this
prospectus. |
Exchanges
from Class C shares to Class A shares of the same Fund, generally, in the
84th month following the anniversary of the purchase date or earlier at
the discretion of Edward Jones |
CDSC
Waivers on Class A and Class C Shares available at Edward
Jones |
Death
or disability of the shareholder |
Shares
sold, in an amount that does not exceed 10% per year of the account value,
as part of a systematic withdrawal plan as described in this
prospectus |
Return
of excess contributions from an IRA. |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts if the redemption is taken in or after the year the shareholder
reaches qualified age based on applicable
Internal
Revenue Service regulations. |
Shares
sold to pay Edward Jones fees or costs but only if the transaction is
initiated by Edward Jones |
Shares
exchanged in an Edward Jones fee-based program |
Shares
acquired through net asset value reinstatement |
Shares
redeemed at the discretion of Edward Jones for Minimum Balances, as
described below. |
Front-end
Sales Charge Discounts Available at Edward Jones: Breakpoints, Rights of
Accumulation and/or Letters of Intent |
Breakpoints
as described in this prospectus |
Rights
of Accumulation (“ROA”), which entitle shareholders to breakpoint
discounts for the purchase of Class A shares, are determined by taking
into account shares held in all share classes (except
certain
money market funds and any assets held in group retirement plans) of the
mutual fund family held by a shareholder or others in the same pricing
group. If grouping assets as a shareholder,
this
includes all share classes held on the Edward Jones platform and/or held
on another platform. Eligible fund family assets may be included in the
ROA calculation only if the shareholder notifies
Edward
Jones of such assets at the time of calculation. Money market funds are
included only if such shares were sold with a sales charge at the time of
purchase or acquired in exchange for shares
purchased
with a sales charge. The employer maintaining a SEP IRA plan and/or SIMPLE
IRA plan may elect to establish or change ROA for the IRA accounts
associated with the plan to a plan-level
grouping
as opposed to including all share classes at a shareholder or pricing
group level. ROA is determined by calculating the higher of cost minus
redemptions or market value (current shares x
NAV). |
Letters
of Intent (“LOI”), which allow for sales charge and breakpoint discounts
based on intended purchases within a fund family, through Edward Jones,
over a 13-month period from the date
Edward
Jones receives the LOI. Eligible fund family assets may be included in the
LOI calculation only if the shareholder notifies Edward Jones of such
assets at the time of calculation. Purchases
made
before the LOI is received by Edward Jones are not adjusted under the LOI
and will not reduce the sales charge previously paid. Sales charges will
be adjusted if LOI is not met. If the employer
maintaining
a SEP IRA plan and/or SIMPLE IRA plan has elected to establish or change
ROA for the IRA accounts associated with the plan to a plan-level
grouping, LOIs will also be at the plan-level
and
may only be established by the employer. |
Other
Important Information Regarding Transactions Through Edward
Jones |
Minimum
Purchase Amounts |
◾Initial
purchase minimum: $250 |
◾Subsequent
purchase minimum: none |
Minimum
Balances
Edward
Jones has the right to redeem at its discretion Fund holdings with a
balance of $250 or less. The following are examples of accounts that are
not included in Edward Jones’ policy: |
◾A
fee-based account held on an Edward Jones platform
|
◾A
529 account held on an Edward Jones platform
|
◾An
account with an active systematic investment plan or
LOI |
Exchanging
Share Classes
At
any time it deems necessary, Edward Jones has the authority to exchange at
net asset value a shareholder's holdings in a Fund to Class A shares of
the same fund. |
Front-end
sales charge waivers on Class A shares available at
Janney |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same Fund (but not any other
fund within the fund family). |
Shares
purchased by employees and registered representatives of Janney or its
affiliates and their family members as designated by
Janney. |
Shares
purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within ninety (90) days following the
redemption, (2) the redemption and
purchase
occur in the same account, and (3) redeemed shares were subject to a
front-end or deferred sales load (i.e.,
right of reinstatement). |
Employer-sponsored
retirement plans (e.g.,
401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing
and money purchase pension plans and defined benefit plans). For purposes
of
this
provision, employer-sponsored retirement plans do not include SEP IRAs,
Simple IRAs, SAR-SEPs or Keogh plans. |
Shares
acquired through a right of reinstatement. |
Class
C shares that are no longer subject to a CDSC and are converted to Class A
shares of the same Fund pursuant to Janney’s policies and
procedures. |
CDSC
Waivers on Class A and C Shares available at
Janney |
Shares
sold upon the death or disability of the
shareholder. |
Shares
sold as part of a systematic withdrawal plan as described in the Fund’s
Prospectus. |
Shares
purchased in connection with a return of excess contributions from an IRA
account. |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts if the redemption is taken in or after the year the shareholder
reaches qualified age based on applicable IRS
regulations. |
Shares
sold to pay Janney fees but only if the transaction is initiated by
Janney. |
Shares
acquired through a right of reinstatement. |
Shares
exchanged into the same share class of a different
fund. |
Front-end
sales charge* discounts available at Janney: breakpoints, rights of
accumulation (“ROA”), and/or letters of intent |
Breakpoints
as described in the Funds’ Prospectus. |
ROA,
which entitle shareholders to breakpoint discounts, will be automatically
calculated based on the aggregated holding of fund family assets held by
accounts within the purchaser’s household
at
Janney. Eligible fund family assets not held at Janney may be included in
the ROA calculation only if the shareholder notifies his or her financial
advisor about such assets. |
Letters
of intent which allow for breakpoint discounts based on anticipated
purchases within a fund family, over a 13-month time period. Eligible fund
family assets not held at Janney may be
included
in the calculation of letters of intent only if the shareholder notifies
his or her financial advisor about such
assets. |
Front-end
Sales Load Waivers on Class A Shares available at
OPCO |
Employer-sponsored
retirement, deferred compensation and employee benefit plans (including
health savings accounts) and trusts used to fund those plans, provided
that the shares are not held in
a
commission-based brokerage account and shares are held for the benefit of
the plan |
Shares
purchased by or through a 529 plan |
Shares
purchased through an OPCO affiliated investment advisory
program |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing shares of the same Fund (but not any other
fund within the fund family) |
Shares
purchased from the proceeds of redemptions within the same fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase
occur
in the same account, and (3) redeemed shares were subject to a front-end
or deferred sales load (known as rights of
reinstatement). |
A
shareholder in the Fund’s Class C shares purchased prior to July 1, 2015
will have their shares converted at net asset value to Class A shares (or
the appropriate share class) of the Fund if the
shares
are no longer subject to a CDSC and the conversion is in line with the
policies and procedures of OPCO. More information regarding mutual fund
shares purchased through an OPCO platform
or
account, including the conversion described above, can be found in the
disclosures available on the OPCO
website. |
Employees
and registered representatives of OPCO or its affiliates and their family
members |
Directors
or Trustees of the Fund, and employees of the Fund’s investment adviser or
any of its affiliates, as described in this
prospectus |
CDSC
Waivers on Class A and C Shares available at OPCO |
Death
or disability of the shareholder |
Shares
sold as part of a systematic withdrawal plan as described in the Fund’s
prospectus |
Return
of excess contributions from an IRA Account |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts pursuant to the Internal Revenue Code as described in the
prospectus |
Shares
sold to pay OPCO fees but only if the transaction is initiated by
OPCO |
Shares
acquired through a right of reinstatement |
Front-end
load Discounts Available at OPCO: Breakpoints, Rights of Accumulation
& Letters of Intent |
Breakpoints
as described in this prospectus |
Rights
of Accumulation (ROA) which entitle shareholders to breakpoint discounts
will be automatically calculated based on the aggregated holding of fund
family assets held by accounts within the
purchaser’s
household at OPCO. Eligible fund family assets not held at OPCO may be
included in the ROA calculation only if the shareholder notifies his or
her financial advisor about such
assets |
Front-End
Sales Charge Waivers on Class A Shares available at
Baird |
Shares
purchased through reinvestment of capital gains distributions and dividend
reinvestment when purchasing share of the same
Fund |
Shares
purchased by employees and registered representatives of Baird or its
affiliates and their family members as designated by Baird according to
its policies and procedures |
Shares
purchased from the proceeds of redemptions from a fund of the fund family,
provided (1) the repurchase occurs within 90 days following the
redemption, (2) the redemption and purchase
occur
in the same account, and (3) redeemed shares were subject to a front-end
or deferred sales charge (known as rights of
reinstatement) |
A
shareholder in the Fund’s Class C shares will have their share converted
at net asset value to Class A shares of the Fund if the shares are no
longer subject to a CDSC and the conversion is in line
with
the policies and procedures of Baird |
Employer-sponsored
retirement plans or charitable accounts in a transactional brokerage
account at Baird, including 401(k) plans, 457 plans, employer-sponsored
403(b) plans, profit sharing and
money
purchase pension plans and defined benefit plans. For purposes of this
provision, employer-sponsored retirement plans do not include SEP IRAs,
Simple IRAs or SAR-SEPs |
CDSC
Waivers on Class A and C Shares available at
Baird |
Shares
sold due to death or disability of the
shareholder |
Shares
sold as part of a systematic withdrawal plan as described in the Fund’s
Prospectus |
Shares
bought due to returns of excess contributions from an IRA
Account |
Shares
sold as part of a required minimum distribution for IRA and retirement
accounts due to the shareholder reaching the qualified age based on
applicable Internal Revenue Service regulations as
described
in the Fund’s prospectus |
Shares
sold to pay Baird fees but only if the transaction is initiated by
Baird |
Shares
acquired through a right of reinstatement |
Front-End
Sales Charge Discounts available at Baird: Breakpoints, Rights of
Accumulation and/or Letters of Intent |
Breakpoints
as described in this prospectus |
Rights
of accumulation which entitle shareholders to breakpoint discounts will be
automatically calculated based on the aggregated holdings of fund family
assets held by accounts within the
purchaser’s
household at Baird. Eligible fund family assets not held at Baird may be
included in the rights of accumulation calculation only if the shareholder
notifies his or her financial advisor about
such
assets |
Letters
of Intent (LOI) allow for breakpoint discounts based on anticipated
purchases of the fund family through Baird, over a 13-month period of
time |