PANNX Fees and Costs — PIMCO GNMA and Government Securities Fund, Class I-3
Data updated: 2026-08-31
The net expense ratio is 1.61%: a 0.70% management fee plus 0.96% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $27K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 1329%.
PANNX Fees and Expenses
Annual operating expenses and sales charges of PANNX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.96% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PANNX Costs Over Time
On $10,000 invested in PANNX, assuming 5% a year before costs, total costs come to $996 over 5 years, cutting the return by 1.69% 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 1.61%) | $169 | $524 | $903 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $169 | $551 | $996 |
| Value after costs | $10,331 | $11,025 | $11,767 |
| Impact on return, per year | 1.69% | 1.69% | 1.69% |
PANNX 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): 0.0020%
- Total broker commissions: $27K
- Bought from dealers (principal trades, not a cost): $117.7B
- Portfolio turnover (prospectus): 1329%
- Securities lending: none during the year
PANNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $27K | 100.00% |
PANNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $27.9B | 23.93% |
| J.P. Morgan Securities LLC | $21.0B | 18.05% |
| Goldman Sachs & Co. LLC | $19.3B | 16.58% |
| BofA Securities, Inc. | $19.3B | 16.54% |
| Barclays Capital Inc. | $12.3B | 10.57% |
| Citigroup Global Markets Inc. | $6.9B | 5.90% |
| Wells Fargo Securities, LLC | $5.0B | 4.29% |
| Mizuho Securities USA LLC | $2.2B | 1.93% |
| Pacific Investment Management Company LLC | $1.7B | 1.43% |
| BMO Capital Markets Corp. | $919.3M | 0.79% |
PIMCO GNMA and Government Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PGNDX | C000026545 | 0.91% | none |
| PDMIX | Institutional Class | 1.46% | none |
| PPGNX | Class I-2 | 1.56% | none |
| PANNX | Class I-3 | 1.61% | none |
| PAGNX | Class A | 1.86% | 3.75% |
| PCGNX | Class C | 2.61% | none |
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.