PFSIX Fees and Costs — PIMCO Emerging Markets Full Spectrum Bond Fund, Institutional Class
Data updated: 2026-08-31
The net expense ratio is 1.25% (1.54% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 66%.
PFSIX Fees and Expenses
Annual operating expenses and sales charges of PFSIX. Prospectus, as of October 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.41% |
| Gross expense ratio | 1.54% |
| Fee waiver | −0.29% |
| Net expense ratio | 1.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PFSIX Costs Over Time
On $10,000 invested in PFSIX, assuming 5% a year before costs, total costs come to $779 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 1.25%) | $131 | $408 | $706 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $131 | $429 | $779 |
| Value after costs | $10,369 | $11,147 | $11,984 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
PFSIX 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): 0.0011%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $673.6M
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
PFSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $2K | 100.00% |
PFSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Pacific Investment Management Company LLC | $288.5M | 45.00% |
| BofA Securities, Inc. | $77.5M | 12.09% |
| Barclays Capital Inc. | $75.6M | 11.80% |
| Citigroup Global Markets Inc. | $58.3M | 9.10% |
| Goldman Sachs & Co. LLC | $48.4M | 7.56% |
| State Street Bank and Trust Company | $42.4M | 6.62% |
| Mizuho Securities USA LLC | $22.9M | 3.57% |
| Wells Fargo Securities, LLC | $12.9M | 2.01% |
| Standard Chartered Securities (North America) LLC | $8.3M | 1.29% |
| BMO Capital Markets Corp. | $6.2M | 0.97% |
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.