PNYAX Fees and Costs — PIMCO New York Municipal Bond Fund, Class A
Data updated: 2026-08-31
The net expense ratio is 0.78%: a 0.53% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 2.25% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $2K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 14%.
PNYAX Fees and Expenses
Annual operating expenses and sales charges of PNYAX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PNYAX Costs Over Time
On $10,000 invested in PNYAX, assuming 5% a year before costs, total costs come to $766 over 5 years, cutting the return by 1.29% 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 |
| Sales charges | $327 | $225 | $225 |
| Fund expenses (net expense ratio 0.78%) | $80 | $250 | $435 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $11 | $48 | $106 |
| Total costs | $418 | $523 | $766 |
| Value after costs | $10,082 | $11,053 | $11,996 |
| Impact on return, per year | 4.18% | 1.61% | 1.29% |
PNYAX 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): 0.0003%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
PNYAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2K | 96.30% |
| BGC Financial, L.P. | $89 | 3.70% |
PNYAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Pacific Investment Management Company LLC | $834.5M | 50.05% |
| State Street Bank and Trust Company | $246.9M | 14.81% |
| Jefferies LLC | $142.4M | 8.54% |
| Barclays Capital Inc. | $136.1M | 8.16% |
| J.P. Morgan Securities LLC | $92.4M | 5.54% |
| Raymond James & Associates, Inc. | $53.5M | 3.21% |
| BofA Securities, Inc. | $52.3M | 3.14% |
| BNY Capital Markets, LLC | $46.7M | 2.80% |
| Morgan Stanley & Co. LLC | $40.4M | 2.43% |
| Wells Fargo Securities, LLC | $22.2M | 1.33% |
PIMCO New York Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PNYIX | Institutional Class | 0.45% | none |
| PNYPX | Class I-2 | 0.55% | none |
| PNYNX | Class I-3 | 0.60% | none |
| PNYAX | Class A | 0.78% | 2.25% |
| PBFCX | Class C | 1.53% | 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.