PCFAX Fees and Costs — PIMCO RAE PLUS Small Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 1.45%: a 0.94% management fee, a 0.25% 12b-1 fee plus 0.26% other expenses. This share class carries a maximum front-end sales load of 3.75% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $15K in broker commissions, 0.0075% of average net assets, and portfolio turnover was 466%.
PCFAX Fees and Expenses
Annual operating expenses and sales charges of PCFAX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.45% |
| Fee waiver | — |
| Net expense ratio | 1.45% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PCFAX Costs Over Time
On $10,000 invested in PCFAX, assuming 5% a year before costs, total costs come to $1,348 over 5 years, cutting the return by 2.32% 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 |
| Sales charges | $475 | $375 | $375 |
| Fund expenses (net expense ratio 1.45%) | $147 | $455 | $785 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $19 | $82 | $184 |
| Total costs | $641 | $914 | $1,348 |
| Value after costs | $9,859 | $10,662 | $11,415 |
| Impact on return, per year | 6.41% | 2.84% | 2.32% |
PCFAX 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): 0.0075%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $13.8B
- Portfolio turnover (prospectus): 466%
- Securities lending: none during the year
PCFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $15K | 99.53% |
| Citigroup Global Markets Inc. | $48 | 0.33% |
| BGC Financial, L.P. | $12 | 0.08% |
| RBC Capital Markets, LLC | $7 | 0.05% |
| J.P. Morgan Securities LLC | $1 | 0.00% |
PCFAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $5.5B | 41.09% |
| Deutsche Bank Securities Inc. | $3.0B | 22.29% |
| Morgan Stanley & Co. LLC | $1.1B | 8.17% |
| J.P. Morgan Securities LLC | $905.1M | 6.71% |
| Goldman Sachs & Co. LLC | $864.2M | 6.41% |
| Mizuho Securities USA LLC | $567.9M | 4.21% |
| Barclays Capital Inc. | $563.4M | 4.18% |
| Citigroup Global Markets Inc. | $360.5M | 2.67% |
| Wells Fargo Securities, LLC | $299.0M | 2.22% |
| BNP Paribas Securities Corp. | $274.6M | 2.04% |
PIMCO RAE PLUS Small Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PCFIX | Institutional Class | 1.10% | none |
| PCCPX | Class I-2 | 1.20% | none |
| PCFDX | C000100910 | 1.23% | none |
| PCFAX | Class A | 1.45% | 3.75% |
| PCFEX | Class C | 2.20% | 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.