PSRIX Fees and Costs — PIMCO Low Duration Credit Fund, Institutional Class
Data updated: 2026-08-31
The net expense ratio is 0.75%: a 0.70% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 91%.
PSRIX Fees and Expenses
Annual operating expenses and sales charges of PSRIX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PSRIX Costs Over Time
On $10,000 invested in PSRIX, assuming 5% a year before costs, total costs come to $472 over 5 years, cutting the return by 0.79% 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) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $472 |
| Value after costs | $10,421 | $11,317 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
PSRIX 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): 0.0012%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $515.7M
- Portfolio turnover (prospectus): 91%
- Securities lending: none during the year
PSRIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $2K | 98.72% |
| SG Americas Securities, LLC | $17 | 0.94% |
| BGC Financial, L.P. | $6 | 0.34% |
PSRIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $110.4M | 24.31% |
| Pacific Investment Management Company LLC | $110.0M | 24.21% |
| J.P. Morgan Securities LLC | $62.8M | 13.82% |
| Morgan Stanley & Co. LLC | $41.5M | 9.14% |
| BofA Securities, Inc. | $27.2M | 5.99% |
| Barclays Capital Inc. | $25.3M | 5.57% |
| Wells Fargo Securities, LLC | $23.3M | 5.13% |
| Citigroup Global Markets Inc. | $20.8M | 4.58% |
| Goldman Sachs & Co. LLC | $19.6M | 4.33% |
| Federal Reserve Bank of Boston | $13.3M | 2.93% |
PIMCO Low Duration Credit Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PSRIX | Institutional Class | 0.75% | none |
| PSRPX | Class I-2 | 0.85% | none |
| PSRDX | C000098428 | 1.04% | none |
| PSRZX | Class A | 1.05% | 2.25% |
| PSRWX | Class C | 1.80% | 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.