PCTPX Fees and Costs — PIMCO California Municipal Bond Fund, Class I-2
Data updated: 2026-09-11
The net expense ratio is 0.54%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 24%.
PCTPX Fees and Expenses
Annual operating expenses and sales charges of PCTPX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.54% |
| Fee waiver | — |
| Net expense ratio | 0.54% |
| 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 | No |
| Waived fees subject to recoupment | No |
PCTPX Costs Over Time
On $10,000 invested in PCTPX, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
PCTPX 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): 0.0003%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
PCTPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1K | 95.72% |
| BGC Financial, L.P. | $52 | 4.28% |
PCTPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $572.8M | 40.54% |
| Pacific Investment Management Company LLC | $471.2M | 33.35% |
| BNP Paribas Securities Corp. | $105.8M | 7.49% |
| J.P. Morgan Securities LLC | $53.9M | 3.81% |
| BNY Capital Markets, LLC | $52.5M | 3.72% |
| Morgan Stanley & Co. LLC | $44.6M | 3.16% |
| Barclays Capital Inc. | $37.7M | 2.67% |
| Wells Fargo Securities, LLC | $30.3M | 2.15% |
| State Street Bank and Trust Company | $25.5M | 1.81% |
| Stifel, Nicolaus & Company, Incorporated | $18.5M | 1.31% |
PIMCO California Municipal 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 |
|---|---|---|---|
| PCTIX | Institutional Class | 0.44% | none |
| PCTPX | Class I-2 | 0.54% | none |
| PCTTX | Class A | 0.79% | 2.25% |
| PCTGX | Class C | 1.54% | 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.