PGDAX Fees and Costs — PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged), Administrative Class
Data updated: 2026-08-31
The net expense ratio is 0.86%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $120K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 776%.
PGDAX Fees and Expenses
Annual operating expenses and sales charges of PGDAX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.86% |
| Fee waiver | — |
| Net expense ratio | 0.86% |
| 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 |
PGDAX Costs Over Time
On $10,000 invested in PGDAX, assuming 5% a year before costs, total costs come to $544 over 5 years, cutting the return by 0.91% 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 0.86%) | $90 | $282 | $490 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $299 | $544 |
| Value after costs | $10,409 | $11,278 | $12,219 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
PGDAX 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): 0.0072%
- Total broker commissions: $120K
- Bought from dealers (principal trades, not a cost): $41.5B
- Portfolio turnover (prospectus): 776%
- Securities lending: none during the year
PGDAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $120K | 100.00% |
PGDAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $8.4B | 21.20% |
| Goldman Sachs & Co. LLC | $6.2B | 15.48% |
| J.P. Morgan Securities LLC | $6.1B | 15.42% |
| BofA Securities, Inc. | $5.0B | 12.53% |
| Barclays Capital Inc. | $4.1B | 10.41% |
| Pacific Investment Management Company LLC | $2.7B | 6.73% |
| Wells Fargo Securities, LLC | $2.7B | 6.72% |
| Citigroup Global Markets Inc. | $2.6B | 6.51% |
| Mizuho Securities USA LLC | $1.2B | 3.03% |
| BNP Paribas Securities Corp. | $786.0M | 1.97% |
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PGBIX | Institutional Class | 0.61% | none |
| PGNPX | Class I-2 | 0.71% | none |
| PGDAX | Administrative Class | 0.86% | none |
| PAIIX | Class A | 0.96% | 3.75% |
| PCIIX | Class C | 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.