PTCIX Fees and Costs — PIMCO Long-Term Credit Bond Fund, Institutional Class
Data updated: 2026-08-31
The net expense ratio is 1.51%: a 0.55% management fee plus 0.96% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $140K in broker commissions, 0.0042% of average net assets, and portfolio turnover was 140%.
PTCIX Fees and Expenses
Annual operating expenses and sales charges of PTCIX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.96% |
| Gross expense ratio | 1.51% |
| Fee waiver | — |
| Net expense ratio | 1.51% |
| 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 |
PTCIX Costs Over Time
On $10,000 invested in PTCIX, assuming 5% a year before costs, total costs come to $937 over 5 years, cutting the return by 1.59% 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 1.51%) | $159 | $492 | $849 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $25 | $86 |
| Total costs | $159 | $518 | $937 |
| Value after costs | $10,341 | $11,058 | $11,825 |
| Impact on return, per year | 1.59% | 1.59% | 1.59% |
PTCIX 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): 0.0042%
- Total broker commissions: $140K
- Bought from dealers (principal trades, not a cost): $18.3B
- Portfolio turnover (prospectus): 140%
- Securities lending: none during the year
PTCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $139K | 99.23% |
| RBC Capital Markets, LLC | $750 | 0.54% |
| BGC Financial, L.P. | $330 | 0.24% |
PTCIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $4.2B | 23.87% |
| State Street Global Markets, LLC | $2.9B | 16.39% |
| Pacific Investment Management Company LLC | $2.9B | 16.39% |
| Goldman Sachs & Co. LLC | $1.9B | 10.78% |
| J.P. Morgan Securities LLC | $1.7B | 9.55% |
| Barclays Capital Inc. | $1.5B | 8.45% |
| BofA Securities, Inc. | $1.2B | 6.92% |
| Wells Fargo Securities, LLC | $806.4M | 4.58% |
| State Street Bank and Trust Company | $295.9M | 1.68% |
| Mizuho Securities USA LLC | $246.5M | 1.40% |
PIMCO Long-Term Credit 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 |
|---|---|---|---|
| PTCIX | Institutional Class | 1.51% | none |
| PLCPX | Class I-2 | 1.61% | 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.