PAIAX Fees and Costs — PIMCO Short Asset Investment Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 0.71%: a 0.44% management fee, a 0.25% 12b-1 fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $107K in broker commissions, 0.0052% of average net assets, and portfolio turnover was 77%.
PAIAX Fees and Expenses
Annual operating expenses and sales charges of PAIAX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.71% |
| Fee waiver | — |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PAIAX Costs Over Time
On $10,000 invested in PAIAX, assuming 5% a year before costs, total costs come to $450 over 5 years, cutting the return by 0.75% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $450 |
| Value after costs | $10,425 | $11,330 | $12,313 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
PAIAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0052%
- Total broker commissions: $107K
- Bought from dealers (principal trades, not a cost): $12.9B
- Portfolio turnover (prospectus): 77%
- Securities lending: none during the year
PAIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $107K | 100.00% |
PAIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $4.2B | 36.07% |
| Citigroup Global Markets Inc. | $1.5B | 12.70% |
| Deutsche Bank Securities Inc. | $1.4B | 12.46% |
| BNP Paribas Securities Corp. | $1.3B | 11.66% |
| J.P. Morgan Securities LLC | $996.7M | 8.63% |
| Wells Fargo Securities, LLC | $545.2M | 4.72% |
| Barclays Capital Inc. | $409.5M | 3.55% |
| BNY Capital Markets, LLC | $408.2M | 3.54% |
| Pacific Investment Management Company LLC | $393.2M | 3.41% |
| RBC Capital Markets, LLC | $377.8M | 3.27% |
PIMCO Short Asset Investment Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PAIDX | Institutional Class | 0.36% | — |
| PAMSX | Class M | 0.36% | — |
| PAIPX | Class I-2 | 0.46% | — |
| PANDX | Class I-3 | 0.51% | — |
| PAIQX | Administrative Class | 0.61% | — |
| PAIUX | C000114211 | 0.64% | none |
| PAIAX | Class A | 0.71% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.