PDVAX Fees and Costs — PIMCO Diversified Income Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 1.19%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.04% 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 $80K in broker commissions, 0.0027% of average net assets, and portfolio turnover was 247%.
PDVAX Fees and Expenses
Annual operating expenses and sales charges of PDVAX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.19% |
| Fee waiver | — |
| Net expense ratio | 1.19% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
PDVAX Costs Over Time
On $10,000 invested in PDVAX, assuming 5% a year before costs, total costs come to $1,194 over 5 years, cutting the return by 2.04% 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 1.19%) | $120 | $374 | $648 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $19 | $78 | $169 |
| Total costs | $614 | $828 | $1,194 |
| Value after costs | $9,886 | $10,748 | $11,569 |
| Impact on return, per year | 6.14% | 2.57% | 2.04% |
PDVAX 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): 0.0027%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $22.6B
- Portfolio turnover (prospectus): 247%
- Securities lending: none during the year
PDVAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $80K | 99.78% |
| State Street Bank and Trust Company | $129 | 0.16% |
| BGC Financial, L.P. | $46 | 0.06% |
PDVAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $4.6B | 21.19% |
| J.P. Morgan Securities LLC | $3.9B | 18.04% |
| Morgan Stanley & Co. LLC | $3.2B | 14.59% |
| Mizuho Securities USA LLC | $2.9B | 13.52% |
| Goldman Sachs & Co. LLC | $2.4B | 10.87% |
| Pacific Investment Management Company LLC | $2.0B | 9.05% |
| Citigroup Global Markets Inc. | $806.4M | 3.72% |
| Barclays Capital Inc. | $752.9M | 3.47% |
| Wells Fargo Securities, LLC | $703.4M | 3.25% |
| State Street Bank and Trust Company | $497.2M | 2.29% |
PIMCO Diversified Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PDIIX | Institutional Class | 0.79% | none |
| PDVPX | Class I-2 | 0.89% | none |
| PDNIX | Class I-3 | 0.94% | none |
| PDAAX | Administrative Class | 1.04% | none |
| PDVDX | C000026677 | 1.17% | none |
| PDVAX | Class A | 1.19% | 3.75% |
| PDICX | Class C | 1.94% | 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.