PIMCO Preferred and Capital Securities Fund Class A (PFANX)
PIMCO Preferred and Capital Securities Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $9.31, up 0.00% on the session, giving a market capitalisation of $672.4M. Its beta of 0.71 implies it has historically moved less than the broad market.
The PIMCO Preferred and Capital Securities Fund primarily deploys its capital, dedicating no less than 80% of its assets to a diverse array of preferred securities and regulatory capital instruments, referred to as Capital Securities. These Capital Securities are defined as financial instruments offered by both U.S. and international financial institutions to satisfy their mandated solvency requirements. Typically, at least a quarter of the fund's net holdings will specifically be invested in preferred securities. The fund also maintains the flexibility to allocate up to 20% of its total assets to ordinary shares and may additionally incorporate contingent convertible securities into its portfolio.
PIMCO Preferred and Capital Securities Fund Class A is most often compared with the following Financial Services names: