PHSDX Fees and Costs — PIMCO High Yield Spectrum Fund
Data updated: 2026-08-31
The net expense ratio is 0.96%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0005% of average net assets, and portfolio turnover was 50%.
PHSDX Fees and Expenses
Annual operating expenses and sales charges of PHSDX. Prospectus, as of July 31, 2017.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| 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 |
PHSDX Costs Over Time
On $10,000 invested in PHSDX, assuming 5% a year before costs, total costs come to $601 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 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $601 |
| Value after costs | $10,399 | $11,246 | $12,162 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
PHSDX 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): 0.0005%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
PHSDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $2K | 94.86% |
| State Street Bank and Trust Company | $75 | 3.09% |
| SG Americas Securities, LLC | $50 | 2.05% |
PHSDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Pacific Investment Management Company LLC | $215.3M | 16.06% |
| State Street Bank and Trust Company | $197.3M | 14.72% |
| Goldman Sachs & Co. LLC | $188.8M | 14.09% |
| J.P. Morgan Securities LLC | $176.7M | 13.18% |
| Morgan Stanley & Co. LLC | $130.4M | 9.73% |
| Barclays Capital Inc. | $116.5M | 8.69% |
| Wells Fargo Securities, LLC | $91.4M | 6.82% |
| BofA Securities, Inc. | $89.2M | 6.66% |
| Deutsche Bank Securities Inc. | $69.4M | 5.18% |
| Citigroup Global Markets Inc. | $65.3M | 4.87% |
PIMCO High Yield Spectrum Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PHSIX | Institutional Class | 0.65% | none |
| PHSPX | Class I-2 | 0.75% | none |
| PHFNX | Class I-3 | 0.80% | none |
| PHSDX | C000091651 | 0.96% | none |
| PHSAX | Class A | 1.00% | 3.75% |
| PHSCX | Class C | 1.75% | 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.