Pimco Income Fund Quote
| PIPNX Fund | USD 10.36 0.04 0.38% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Pimco Income is trading at 10.36 as of the 17th of April 2024; that is -0.38 percent decrease since the beginning of the trading day. The fund's open price was 10.4. Pimco Income has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Pimco Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 17th of April 2024. Click here to learn more.
The fund invests at least 65 percent of its total assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest up to 50 percent of its total assets in high yield securities rated below investment grade by Moodys, SP or Fitch, or if unrated, as determined by PIMCO.. More on Pimco Income Fund
Moving together with Pimco Mutual Fund
| 0.75 | PWLEX | Pimco Rae Worldwide | PairCorr |
| 0.74 | PWLBX | Pimco Rae Worldwide | PairCorr |
| 0.74 | PWLMX | Pimco Rae Worldwide | PairCorr |
| 0.74 | PWLIX | Pimco Rae Worldwide | PairCorr |
| 0.7 | PFBPX | Pimco Foreign Bond | PairCorr |
| 0.77 | PFCJX | Pimco Preferred And | PairCorr |
| 0.71 | PFATX | Pimco Fundamental | PairCorr |
Pimco Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pimco Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pimco Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | PIMCO Funds, Large Funds, Multisector Bond Funds, Multisector Bond, PIMCO (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 18th of April 2023 |
| Fiscal Year End | March |
Pimco Income Fund [PIPNX] is traded in USA and was established 17th of April 2024. Pimco Income is listed under PIMCO category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of PIMCO family. This fund at this time has accumulated 121.9 B in assets with no minimum investment requirementsPimco Me Fund is currently producing year-to-date (YTD) return of 0.24% with the current yeild of 0.06%, while the total return for the last 3 years was 1.0%.
Check Pimco Income Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pimco Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pimco Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pimco Income Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pimco Income Target Price Odds Analysis
Based on a normal probability distribution, the odds of Pimco Income jumping above the current price in 90 days from now is under 95%. The Pimco Income Fund probability density function shows the probability of Pimco Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Pimco Income has a beta of 0.2415 indicating as returns on the market go up, Pimco Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pimco Income Fund will be expected to be much smaller as well. Additionally, pimco Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Pimco Income to move above the current price in 90 days from now is under 95 (This Pimco Income Fund probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) .
Pimco Me Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pimco Income market risk premium is the additional return an investor will receive from holding Pimco Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pimco Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pimco Income's alpha and beta are two of the key measurements used to evaluate Pimco Income's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.234 | |||
| Standard Deviation | 0.3199 | |||
| Variance | 0.1023 | |||
| Risk Adjusted Performance | (0.03) |
Pimco Income Against Markets
Picking the right benchmark for Pimco Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pimco Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pimco Income is critical whether you are bullish or bearish towards Pimco Income Fund at a given time. Please also check how Pimco Income's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pimco Income without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pimco Mutual Fund?
Before investing in Pimco Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pimco Income. To buy Pimco Income fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pimco Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pimco Income fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pimco Income Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pimco Income Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Pimco Income Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Pimco Income Fund?
The danger of trading Pimco Income Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pimco Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pimco Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pimco Me Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.