PCNNX Fees and Costs — PIMCO Investment Grade Credit Bond Fund, Class I-3
Data updated: 2026-08-31
The net expense ratio is 1.24%: a 0.70% management fee plus 0.59% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $555K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 150%.
PCNNX Fees and Expenses
Annual operating expenses and sales charges of PCNNX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.59% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.24% |
| 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 |
PCNNX Costs Over Time
On $10,000 invested in PCNNX, assuming 5% a year before costs, total costs come to $775 over 5 years, cutting the return by 1.31% 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 1.24%) | $130 | $405 | $701 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $131 | $427 | $775 |
| Value after costs | $10,369 | $11,149 | $11,988 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
PCNNX 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): 0.0043%
- Total broker commissions: $555K
- Bought from dealers (principal trades, not a cost): $82.8B
- Portfolio turnover (prospectus): 150%
- Securities lending: none during the year
PCNNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $493K | 88.93% |
| BofA Securities, Inc. | $49K | 8.89% |
| Barclays Capital Inc. | $6K | 1.00% |
| BGC Financial, L.P. | $4K | 0.66% |
| RBC Capital Markets, LLC | $2K | 0.39% |
| Stifel, Nicolaus & Company, Incorporated | $744 | 0.13% |
| Itau International Securities Inc. | $24 | 0.00% |
| XP Investments US, LLC | $0 | 0.00% |
PCNNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $16.4B | 20.88% |
| J.P. Morgan Securities LLC | $14.3B | 18.24% |
| Pacific Investment Management Company LLC | $10.4B | 13.24% |
| Goldman Sachs & Co. LLC | $8.8B | 11.26% |
| Citigroup Global Markets Inc. | $8.6B | 11.01% |
| BofA Securities, Inc. | $7.2B | 9.23% |
| Barclays Capital Inc. | $5.7B | 7.23% |
| Wells Fargo Securities, LLC | $2.9B | 3.71% |
| Mizuho Securities USA LLC | $2.2B | 2.86% |
| State Street Bank and Trust Company | $1.8B | 2.34% |
PIMCO Investment Grade Credit Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PIGIX | Institutional Class | 1.09% | none |
| PBDPX | Class I-2 | 1.19% | none |
| PCNNX | Class I-3 | 1.24% | none |
| PGCAX | Administrative Class | 1.34% | none |
| PBDAX | Class A | 1.49% | 3.75% |
| PBDCX | Class C | 2.24% | 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.