PCLNX Fees and Costs — PIMCO CommoditiesPLUS Strategy Fund, Class I-3
Data updated: 2026-08-31
The net expense ratio is 0.98% (1.20% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.5M in broker commissions, 0.0315% of average net assets, and portfolio turnover was 224%.
PCLNX Fees and Expenses
Annual operating expenses and sales charges of PCLNX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 1.20% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.98% |
| 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 |
PCLNX Costs Over Time
On $10,000 invested in PCLNX, assuming 5% a year before costs, total costs come to $633 over 5 years, cutting the return by 1.06% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $348 | $633 |
| Value after costs | $10,394 | $11,229 | $12,130 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
PCLNX 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): 0.0315%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $323.8B
- Portfolio turnover (prospectus): 224%
- Securities lending: none during the year
PCLNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.3M | 83.40% |
| BofA Securities, Inc. | $256K | 16.60% |
PCLNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $199.5B | 63.47% |
| Deutsche Bank Securities Inc. | $69.8B | 22.21% |
| BNP Paribas Securities Corp. | $10.0B | 3.18% |
| Citigroup Global Markets Inc. | $9.8B | 3.13% |
| J.P. Morgan Securities LLC | $7.5B | 2.38% |
| Scotia Capital (USA) Inc. | $5.3B | 1.69% |
| Morgan Stanley & Co. LLC | $4.5B | 1.42% |
| TD Securities (USA) LLC | $3.0B | 0.96% |
| Wells Fargo Securities, LLC | $2.5B | 0.79% |
| Goldman Sachs & Co. LLC | $2.5B | 0.78% |
PIMCO CommoditiesPLUS Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PCLIX | Institutional Class | 0.83% | none |
| PCLPX | Class I-2 | 0.93% | none |
| PCLNX | Class I-3 | 0.98% | none |
| PCLDX | C000088652 | 1.20% | none |
| PCLAX | Class A | 1.28% | 5.50% |
| PCPCX | Class C | 2.03% | 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.