PIPDX — PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)
Data updated: 2026-08-31
PIPDX — PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged). Holdings, fees, performance and SEC filings.
PIPDX Fund Overview
PIPDX — PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) is a US mutual fund managed by PIMCO Funds, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PIMCO Funds
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $3.78B
- Ticker: PIPDX
- SEC CIK: 0000810893
- SEC series ID: S000009687
- Share class ID: C000026563
PIPDX Investment Objective and Strategy
PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Funds.
Investment objective
The Fund seeks total return which exceeds that of its benchmark index consistent with prudent investment management.
Principal investment strategy
"The Fund seeks to exceed the total return of its benchmark index by investing under normal circumstances in non-U.S. equity derivatives, backed by a portfolio of Fixed Income Instruments. In managing the Fund's investments in Fixed Income Instruments, PIMCO utilizes an absolute return approach, which is designed to have flexibility with respect to duration, overall sector exposures, non-U.S. exposures and credit quality, both as a function of the strategy's investment guidelines and lack of a fixed income index benchmark. The absolute return approach seeks positive investment returns regardless of market environment and does not apply to the equity index replicating component of the Fund. ""Fixed Income Instruments"" include bonds, debt securities and other similar instruments issued by various U.S.
and non-U.S. public- or private-sector entities. The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets. The Fund may invest in common stocks, options, futures, options on futures and swaps. The Fund's benchmark index is the Morgan Stanley Capital International Europe, Australasia and Far East (""EAFE"") Index, hedged to U.S. dollars (the ""Index""). The Fund normally uses equity derivatives instead of stocks to attempt to equal or exceed the daily performance of the Index. The Fund typically will seek to gain long exposure to its benchmark index in an amount, under normal circumstances, approximately equal to the Fund's net assets. The value of equity derivatives should closely track changes in the value of underlying securities or indices.
However, derivatives may be purchased with a small fraction of the assets that would be needed to purchase the equity securities directly, so that the remainder of the assets may be invested in Fixed Income Instruments. PIMCO actively manages the Fixed Income Instruments held by the Fund with a view toward enhancing the Fund's total return, subject to an overall portfolio duration which normally varies from (negative) 3 years to positive 8 years based on PIMCO's market forecasts. Duration is a measure used to determine the sensitivity of a security's price to changes in interest rates. The longer a security's duration, the more sensitive it will be to changes in interest rates. The Index is an unmanaged index of issuers in countries of Europe, Australia and the Far East represented in U.S.
dollars on a hedged basis. The Fund seeks to remain invested in equity derivatives and/or stocks even when the Index is declining. The Fund may invest in non-U.S. equities or non-U.S. equity derivatives that do not comprise the Index. The Fund does not normally invest directly in stocks. However, when equity derivatives appear to be overvalued, the Fund may invest some or all of its assets in stocks. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Fund's prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales.
Assets not invested in equity securities or derivatives may be invested in Fixed Income Instruments. The Fund may invest up to 20% of its total assets in high yield securities (""junk bonds"") rated B or higher by Moody's Investors Service, Inc. (""Moody's""), or equivalently rated by Standard & Poor's Ratings Services (""S&P"") or Fitch, Inc. (""Fitch""), or, if unrated, determined by PIMCO to be of comparable quality (except that within such 20% limitation, the Fund may invest in mortgage-related securities rated below B). With respect to the Fund's fixed income investments, the Fund may invest, without limitation, in securities denominated in foreign currencies and in U.S. dollar-denominated securities of foreign issuers. With respect to the Fund's fixed income investments, the Fund may invest up to 25% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means with respect to the Fund's fixed income investments, the Fund may invest in such instruments without limitation subject to any applicable legal or regulatory limitation).
With respect to the Fund's fixed income investments, the Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 35% of its total assets. With respect to the Fund's fixed income investments, the Fund will normally limit its exposure (from non-U.S. dollar-denominated securities or currencies) to each non-U.S. currency to 10% of its total assets. With respect to the Fund's fixed income investments, the Fund will normally limit its aggregate U.S. dollar exposure from transactions or instruments that reference the relative return of a non-U.S. currency or currencies as compared to the U.S. dollar to 20% of its total assets. The Fund may also invest up to 10% of its total assets in preferred securities."
PIPDX Holdings
Top 10 holdings of PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 18.59% |
| Umbs, Tba | 15.99% |
| iShares Core S&P 500 ETF | 13.66% |
| Pimco Short Asset Portfolio | 6.53% |
| BofA Securities, Inc. | 5.66% |
| Umbs, Tba | 5.41% |
| State Street SPDR Portfolio S&P 500 ETF | 4.52% |
| Freddie Mac | 3.44% |
| NVIDIA Corp | 3.04% |
| Umbs, Tba | 2.64% |
PIPDX Portfolio Allocation
Asset-class allocation of PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 115.0% |
| Equity | 22.1% |
| Cash & Equivalents | 18.4% |
| Fixed Income | 16.8% |
| Derivatives | 2.5% |
| Real Estate | 1.9% |
| Loans | 0.3% |
PIPDX Performance
Total returns for PIPDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.8% |
| 1 year | 29.7% |
| 3 years (annualised) | 19.9% |
| 5 years (annualised) | 13.4% |
PIPDX Risk Information
Risk metrics for PIPDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.7%
PIPDX Costs and Fees
PIPDX costs about $121 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.21%
- Gross expense ratio: 1.21%
- Portfolio turnover: 347%
- Brokerage commissions: 0.74 bps of average net assets (SEC N-CEN)
PIPDX Cashflows
Over the 12 months to 2026-06, PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) had net inflows of $114.90M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $73.71M |
| 2026-05 | −$2.31M |
| 2026-04 | −$13.69M |
| 2026-03 | −$35.97M |
| 2026-02 | $4.96M |
| 2026-01 | −$6.22M |
PIPDX Debt Constituents
Largest debt holdings of PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Republic Of Peru | 1.85% |
| Titulos De Tesoreria | 1.80% |
| Letra Tesouro Nacional | 1.17% |
| United States Treasury | 1.09% |
| United States Treasury | 0.83% |
| Republic Of South Africa | 0.81% |
| Republic Of South Africa | 0.68% |
| Letra Tesouro Nacional | 0.67% |
| Republic Of South Africa | 0.55% |
| Bonos De Tesoreria | 0.53% |
PIPDX Prospectus and SEC Filings
Official PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-07-25
- Prospectus supplement (497) — filed 2024-01-08
- Prospectus supplement (497) — filed 2023-10-02
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.