PFNIX Fees and Costs — PIMCO Low Duration Income Fund, Class I-3
Data updated: 2026-08-31
The net expense ratio is 0.96%: a 0.70% management fee plus 0.31% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $461K in broker commissions, 0.0030% of average net assets, and portfolio turnover was 588%.
PFNIX Fees and Expenses
Annual operating expenses and sales charges of PFNIX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.31% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.96% |
| 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 |
PFNIX Costs Over Time
On $10,000 invested in PFNIX, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
PFNIX 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): 0.0030%
- Total broker commissions: $461K
- Bought from dealers (principal trades, not a cost): $488.7B
- Portfolio turnover (prospectus): 588%
- Securities lending: none during the year
PFNIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $449K | 97.24% |
| Barclays Capital Inc. | $12K | 2.68% |
| BGC Financial, L.P. | $139 | 0.03% |
| RBC Capital Markets, LLC | $118 | 0.03% |
| State Street Bank and Trust Company | $116 | 0.03% |
PFNIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $138.3B | 29.87% |
| J.P. Morgan Securities LLC | $73.8B | 15.95% |
| Morgan Stanley & Co. LLC | $67.7B | 14.62% |
| Goldman Sachs & Co. LLC | $45.2B | 9.76% |
| Deutsche Bank Securities Inc. | $35.7B | 7.72% |
| Citigroup Global Markets Inc. | $22.4B | 4.83% |
| Barclays Capital Inc. | $22.1B | 4.77% |
| Pacific Investment Management Company LLC | $20.4B | 4.41% |
| TD Securities (USA) LLC | $20.2B | 4.36% |
| Wells Fargo Securities, LLC | $17.2B | 3.71% |
PIMCO Low Duration 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 |
|---|---|---|---|
| PFIIX | Institutional Class | 0.81% | none |
| PFTAX | C000026512 | 0.81% | none |
| PFTPX | Class I-2 | 0.91% | none |
| PFIDX | C000026515 | 0.93% | none |
| PFNIX | Class I-3 | 0.96% | none |
| PFIAX | Class A | 1.21% | 2.25% |
| PFNCX | Class C | 1.51% | none |
| PLDCX | Class C-2 | 1.71% | 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.