PIMCO Stocks PLUS Bond Absolute Ret Alp Fd;Inst (PSPTX)
PIMCO Stocks PLUS Bond Absolute Ret Alp Fd;Inst operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $13.66, up 0.96% on the session, giving a market capitalisation of $1.76B. Its beta of 1.07 implies it has historically moved more than the broad market.
The fund aims to generate overall returns that exceed the performance of the S&P 500 Index. To achieve this, it typically allocates capital to derivatives based on the S&P 500, with these positions financially underpinned by a diversified portfolio of fixed-income assets. These fixed-income holdings encompass a range of debt instruments, such as bonds and other similar obligations, originating from both public and private entities in the U.S. and abroad. The fund generally restricts its exposure to foreign currencies or non-U.S. dollar-denominated securities to a maximum of 35% of its total assets.
PIMCO Stocks PLUS Bond Absolute Ret Alp Fd;Inst is most often compared with the following Financial Services names: