PQIBX — PIMCO Dividend and Income Fund
Data updated: 2026-08-31
PQIBX — PIMCO Dividend and Income Fund. Balanced Allocation · $298.42M AUM · 1.64% expense ratio. Holdings, fees, performance and SEC filings.
PQIBX Fund Overview
PQIBX — PIMCO Dividend and Income Fund is a US mutual fund managed by PIMCO Equity Series, categorised as Balanced Allocation. 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: Balanced Allocation
- Assets under management: $298.42M
- Ticker: PQIBX
- SEC CIK: 0001479360
- SEC series ID: S000034646
- Share class ID: C000106730
PQIBX Investment Objective and Strategy
PIMCO Dividend and Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Equity Series.
Investment objective
The Fund's primary investment objective is to seek to provide current income that exceeds the average yield on global stocks. The Fund's secondary objective is to seek to provide 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 a diversified portfolio of income-producing investments, and will typically invest between 60-80% of its assets in equity and equity-related securities (such portion of the Fund's portfolio, the ""Equity Sleeve"") providing exposure to a portfolio of stocks (the ""RAE Income Global Portfolio"") through investment in the securities that comprise the RAE Income Global Portfolio. 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 stocks for the Equity Sleeve are selected by the Fund's sub-adviser, Research Affiliates, LLC (the ""Sub-Adviser"") from a broad universe of global equities.
The Sub-Adviser uses the RAE methodology as a starting point for portfolio construction with respect to the Equity Sleeve. 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. Selections are further refined through additional yield and financial health screens to create a portfolio that seeks to provide an attractive current yield and long-term capital appreciation. Actual stock positions in the RAE Income Global 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 Equity Sleeve's use of the RAE Income Global Portfolio by, among other things, providing PIMCO, and the Portfolio Implementer where applicable, with the constituents and target weights in the RAE Income Global Portfolio. The Equity Sleeve seeks to remain invested in the securities that comprise the RAE Income Global Portfolio even when the value of the RAE Income Global Portfolio is declining. The Fund may also invest in ""Fixed Income Instruments"" of varying maturities. 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 debt investments of the Fund may include investment-grade securities and high yield securities (""junk bonds"") of any rating.
The Fund's approach to fixed income securities selection incorporates PIMCO's global macroeconomic views and fixed income investment expertise. The Fund's fixed income assets are selected based on fundamental analysis, as well as PIMCO's view regarding the attractiveness of key investment risk factors. The Fund may also invest in derivative instruments, such as options, futures contracts, swap agreements, equity-linked notes, equity-linked securities and participatory notes, consistent with its investment objectives. 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 and may engage in short sales. The Fund may also enter into reverse repurchase agreements and lend portfolio securities.
The Fund may invest a significant portion of its assets in securities and instruments that are economically tied to foreign (non-U.S.) countries. The Fund may obtain foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) without limitation. With respect to its equity investments, the Fund may invest up to 20% of its total assets in securities and instruments that are economically tied to emerging market countries. With respect to its fixed income investments, the Fund may invest without limitation in securities and instruments that are economically tied to emerging market countries."
PQIBX Holdings
Top 10 holdings of PIMCO Dividend and Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Pimco Prv Short Term Flt Iii | 7.18% |
| Umbs, Tba | 6.09% |
| Umbs, Tba | 3.66% |
| Umbs, Tba | 3.32% |
| Umbs, Tba | 3.22% |
| Umbs, Tba | 2.32% |
| Umbs, Tba | 2.29% |
| Umbs, Tba | 1.97% |
| AbbVie Inc | 1.68% |
| Amgen Inc | 1.49% |
PQIBX Portfolio Allocation
Asset-class allocation of PIMCO Dividend and Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 52.1% |
| Equity | 51.3% |
| Fixed Income | 17.1% |
| Cash & Equivalents | 7.5% |
| Real Estate | 1.0% |
| Loans | 0.3% |
| Derivatives | 0.1% |
PQIBX Performance
Total returns for PQIBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 8.7% |
| 1 year | 18.5% |
| 3 years (annualised) | 15.3% |
| 5 years (annualised) | 9.0% |
PQIBX Risk Information
Risk metrics for PQIBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.8%
PQIBX Costs and Fees
PQIBX costs about $164 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.64%
- Gross expense ratio: 1.80%
- Portfolio turnover: 436%
- Brokerage commissions: 1.85 bps of average net assets (SEC N-CEN)
PQIBX Cashflows
Over the 12 months to 2026-06, PIMCO Dividend and Income Fund had net inflows of $72.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $9.65M |
| 2026-05 | $2.28M |
| 2026-04 | $7.08M |
| 2026-03 | $5.89M |
| 2026-02 | $15.57M |
| 2026-01 | $12.88M |
PQIBX Debt Constituents
Largest debt holdings of PIMCO Dividend and Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Letra Tesouro Nacional | 1.09% |
| United States Treasury | 0.90% |
| United States Treasury | 0.81% |
| Beignet Investor LLC | 0.70% |
| United States Treasury | 0.66% |
| Rd Michigan Prop Owner I | 0.66% |
| United States Treasury | 0.63% |
| United States Treasury | 0.61% |
| United States Treasury | 0.59% |
| Letra Tesouro Nacional | 0.36% |
PQIBX Prospectus and SEC Filings
Official PIMCO Dividend and Income 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 Balanced Allocation 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.