PMAOX Fees and Costs — PIMCO Moderate Duration Fund
Data updated: 2026-08-31
The net expense ratio is 0.75%: a 0.46% management fee, a 0.25% 12b-1 fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $124K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 286%.
PMAOX Fees and Expenses
Annual operating expenses and sales charges of PMAOX. Prospectus, as of April 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 | No |
PMAOX Costs Over Time
On $10,000 invested in PMAOX, assuming 5% a year before costs, total costs come to $476 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $261 | $476 |
| Value after costs | $10,420 | $11,315 | $12,287 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
PMAOX 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: $124K
- Bought from dealers (principal trades, not a cost): $18.2B
- Portfolio turnover (prospectus): 286%
- Securities lending: none during the year
PMAOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $103K | 82.86% |
| Goldman Sachs & Co. LLC | $14K | 11.49% |
| J.P. Morgan Securities LLC | $7K | 5.65% |
PMAOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $4.0B | 24.36% |
| BofA Securities, Inc. | $2.7B | 16.05% |
| Goldman Sachs & Co. LLC | $1.9B | 11.57% |
| Barclays Capital Inc. | $1.7B | 10.54% |
| Morgan Stanley & Co. LLC | $1.7B | 10.34% |
| Citigroup Global Markets Inc. | $1.5B | 9.30% |
| J.P. Morgan Securities LLC | $1.2B | 7.48% |
| State Street Bank and Trust Company | $673.4M | 4.07% |
| Mizuho Securities USA LLC | $607.7M | 3.67% |
| BMO Capital Markets Corp. | $434.9M | 2.63% |
PIMCO Moderate Duration Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PMDRX | Institutional Class | 0.53% | — |
| PMOPX | Class I-2 | 0.63% | — |
| PMAOX | C000031186 | 0.75% | — |
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.