PIMGMVA Fees and Costs — PIMCO Balanced Allocation Portfolio, Administrative Class
Data updated: 2026-08-31
The net expense ratio is 0.86% (0.92% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0078% of average net assets, and portfolio turnover was 263%.
PIMGMVA Fees and Expenses
Annual operating expenses and sales charges of PIMGMVA. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.71% |
| 12b-1 fee | 0.15% |
| Other expenses | — |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.86% |
| 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 | Yes |
PIMGMVA Costs Over Time
On $10,000 invested in PIMGMVA, 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 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $299 | $544 |
| Value after costs | $10,409 | $11,277 | $12,219 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
PIMGMVA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0078%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $14.9B
- Portfolio turnover (prospectus): 263%
- Securities lending: none during the year
PIMGMVA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co., Inc. | $7K | 59.93% |
| Wells Fargo Securities, LLC | $2K | 20.24% |
| J.P. Morgan Securities LLC | $2K | 19.74% |
| RBC Capital Markets Corp. | $6 | 0.05% |
| BGC Financial, L.P. | $5 | 0.04% |
PIMGMVA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner, & Smith | $12.9B | 86.37% |
| BNP Paribas Securities Corp. | $901.2M | 6.04% |
| Citigroup Global Markets, Inc. | $302.2M | 2.02% |
| Regions Bank | $276.1M | 1.85% |
| Goldman Sachs & Co. | $181.0M | 1.21% |
| J.P. Morgan Securities LLC | $102.2M | 0.68% |
| State Street Global Markets, LLC | $101.6M | 0.68% |
| Morgan Stanley & Co., Inc. | $95.1M | 0.64% |
| Barclays Capital, Inc. | $54.9M | 0.37% |
| Wells Fargo Securities, LLC | $19.9M | 0.13% |
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.