PKACX — PIMCO RAE US Fund
Data updated: 2026-08-31
PKACX — PIMCO RAE US Fund. United States Large Cap Value Equity · $1.38B AUM · 1.56% expense ratio. Holdings, fees, performance and SEC filings.
PKACX Fund Overview
PKACX — PIMCO RAE US Fund is a US mutual fund managed by PIMCO Equity Series, categorised as United States Large Cap Value 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 Equity Series
- Category: United States Large Cap Value Equity
- Assets under management: $1.38B
- Ticker: PKACX
- SEC CIK: 0001479360
- SEC series ID: S000048956
- Share class ID: C000154283
PKACX Investment Objective and Strategy
PIMCO RAE US Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Equity Series.
Investment objective
The Fund seeks long-term capital appreciation.
Principal investment strategy
"The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in securities of companies economically tied to the United States (for purposes of this section only, ""U.S. companies""). Specifically, under normal circumstances, the Fund will obtain exposure to a portfolio of stocks of U.S. companies (""RAE US Portfolio"") through investment in the securities that comprise the RAE US Portfolio. The stocks are selected by the Fund's sub-adviser, Research Affiliates, LLC (""Sub-Adviser""), from a broad universe of companies which satisfy certain liquidity and capacity requirements. The Sub-Adviser uses the RAE methodology as a starting point for portfolio construction. The RAE methodology selects and weights stocks by fundamental measures of company size, e.g., gross profit, cash flow, book value, dividends plus net buybacks, rather than by market capitalization and then incorporates additional active insights on measures such as quality and momentum, among other factors, to seek to enhance risk-adjusted returns.
The Sub-Adviser applies the RAE methodology to the large and mid-sized U.S. companies as determined by cumulative fundamental measures of company size. Actual stock positions in the RAE US Portfolio, which drift apart from target weights as market prices change, are rebalanced to target weights periodically. The Sub-Adviser provides investment advisory services in connection with the Fund's use of the RAE US Portfolio by, among other things, providing PIMCO, and the Portfolio Implementer where applicable, with the constituents and target weights in the RAE US Portfolio. The Fund seeks to remain invested in the securities that comprise the RAE US Portfolio even when the value of the RAE US Portfolio is declining. The Fund may invest, without limitation, in equity and equity-related securities, including common and preferred securities.
Equity-related securities include securities having an equity component ( e.g. , hybrids, bank capital) and equity derivatives. With respect to investments in equity securities, there is no limitation on the market capitalization range of the issuers in which the Fund may invest. The Fund may also invest in derivative instruments, such as options, forwards, futures contracts, options on futures and swap agreements, consistent with its investment objective. The Fund may also invest in real estate investment trusts (""REITs""). The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis. The Fund may also enter into reverse repurchase agreements and lend portfolio securities."
PKACX Holdings
Top 10 holdings of PIMCO RAE US Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Cisco Systems Inc | 5.54% |
| Valero Energy Corp | 4.45% |
| Marathon Petroleum Corp | 4.45% |
| Bristol-Myers Squibb Co | 3.52% |
| Humana Inc | 3.05% |
| Chevron Corp | 2.61% |
| Lam Research Corp | 2.57% |
| PayPal Holdings Inc | 2.51% |
| Lockheed Martin Corp | 2.39% |
| HP Inc | 2.16% |
PKACX Portfolio Allocation
Asset-class allocation of PIMCO RAE US Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.6% |
PKACX Performance
Total returns for PKACX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 23.0% |
| 1 year | 39.7% |
| 3 years (annualised) | 22.3% |
| 5 years (annualised) | 14.5% |
PKACX Risk Information
Risk metrics for PKACX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.4%
PKACX Costs and Fees
PKACX costs about $156 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.56%
- Gross expense ratio: 1.67%
- Portfolio turnover: 57%
- Brokerage commissions: 0.34 bps of average net assets (SEC N-CEN)
PKACX Cashflows
Over the 12 months to 2026-06, PIMCO RAE US Fund had net outflows of $274.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$5.58M |
| 2026-05 | −$20.64M |
| 2026-04 | −$7.86M |
| 2026-03 | −$28.57M |
| 2026-02 | −$170.61M |
| 2026-01 | $5.92M |
PKACX Debt Constituents
No individual debt constituents are reported in PIMCO RAE US Fund's latest SEC N-PORT filing.
PKACX Prospectus and SEC Filings
Official PIMCO RAE US Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-24
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus supplement (497) — filed 2024-01-08
- 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 2025-09-11
- Annual census (N-CEN) — filed 2024-09-12
Related Funds
Other United States Large Cap Value 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.