PIMCO Stocks PLUS Bond Alpha Inst (PSTKX)
PIMCO Stocks PLUS Bond Alpha Inst operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $13.56, up 0.52% on the session, giving a market capitalisation of $2.90B. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund aims to generate a greater total return than the S&P 500 Index. It accomplishes this by investing in S&P 500 Index derivatives, which are supported by a collection of fixed income assets under typical market conditions. These fixed income instruments encompass bonds, debt obligations, and comparable securities issued by various U.S. and international governmental or corporate entities. The fund possesses the flexibility to allocate as much as 30% of its total holdings to securities priced in foreign currencies, and it can also invest beyond this threshold in U.S. dollar-denominated securities from foreign issuers.
PIMCO Stocks PLUS Bond Alpha Inst is most often compared with the following Financial Services names: