- ISIN
- US72202E3936
- CUSIP
- 72202E393
- Issuer
- PIMCO
- Inception Date
- Apr 30, 2018
- Category
- Multisector Bonds
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
PIPNX Performance Chart
PIMCO Income Fund Class I-3 (PIPNX) is up 0.9% since the beginning of the year. PIPNX is currently trading at $11 per share. Investors who bought $1,000 worth of PIPNX shares 5 years ago would now be looking at an investment worth $1,172.
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Returns By Period
PIMCO Income Fund Class I-3 (PIPNX) has returned 0.94% so far this year and 7.72% over the past 12 months.
PIMCO Income Fund Class I-3
- 1D
- 0.09%
- 1M
- 1.18%
- YTD
- 0.94%
- 6M
- 1.52%
- 1Y
- 7.72%
- 3Y*
- 7.39%
- 5Y*
- 3.23%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PIPNX Monthly Returns History
Based on dividend-adjusted daily data since Apr 30, 2018, PIPNX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 68% of months were positive and 32% were negative. The best month was Nov 2023 with a return of +3.9%, while the worst month was Mar 2020 at -8.0%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.
On a daily basis, PIPNX closed higher 43% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Mar 19, 2020 at -2.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | 1.34% | -2.46% | 0.81% | 0.71% | -0.00% | 0.94% | ||||||
| 2025 | 1.18% | 1.83% | 0.22% | 0.22% | 0.04% | 1.92% | 0.13% | 1.62% | 0.77% | 1.32% | 0.76% | 0.40% | 10.91% |
| 2024 | 0.61% | -0.52% | 1.28% | -1.75% | 1.78% | 0.42% | 2.33% | 0.79% | 1.34% | -1.63% | 1.46% | -0.81% | 5.32% |
| 2023 | 3.42% | -2.03% | 1.20% | 0.00% | -0.34% | 1.01% | 1.29% | -0.44% | -1.41% | -1.77% | 3.94% | 3.13% | 8.08% |
| 2022 | -1.01% | -2.47% | -0.79% | -2.66% | 0.63% | -3.63% | 2.73% | -1.15% | -4.38% | 0.33% | 3.37% | -0.21% | -9.14% |
| 2021 | 0.32% | -0.43% | -0.09% | 1.08% | 0.57% | 0.32% | 0.32% | 0.24% | -0.01% | -0.43% | -0.51% | 1.09% | 2.50% |
Benchmark Metrics
PIMCO Income Fund Class I-3 has an annualized alpha of 2.63%, beta of 0.09, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since April 30, 2018.
- This fund participated in 26.89% of S&P 500 Index downside but only 21.53% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.09 may look defensive, but with R2 of 0.16 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.16 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.63%
- Beta
- 0.09
- R²
- 0.16
- Upside Capture
- 21.53%
- Downside Capture
- 26.89%
Expense Ratio
PIPNX has an expense ratio of 0.77%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PIPNX ranks 44 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PIMCO Income Fund Class I-3 (PIPNX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PIPNX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.78 | -0.68 |
| Martin ratioReturn relative to average drawdown | 7.07 | 12.44 | -5.37 |
Dividends
Dividend History
PIMCO Income Fund Class I-3 provided a 5.68% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.64 | $0.65 | $0.54 | $0.51 | $0.47 | $0.57 | $0.68 | $0.43 |
Dividend yield | 5.68% | 5.86% | 6.15% | 5.08% | 4.89% | 3.91% | 4.73% | 5.66% | 3.66% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Income Fund Class I-3. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.24 | ||||||
| 2025 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.64 |
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.65 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.05 | $0.05 | $0.54 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 | $0.05 | $0.16 | $0.51 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Income Fund Class I-3. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PIMCO Income Fund Class I-3 was 13.42%, occurring on Oct 20, 2022. Recovery took 413 trading sessions.
The current PIMCO Income Fund Class I-3 drawdown is 0.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -13.42%Oct 2022 | 1y 1mo | 1y 7mo | 2y 9moSep 2021 - Jun 2024 |
COVID crash2020 | -13.40%Mar 2020 | 1mo 4d | 5mo 11d | 6mo 15dFeb 2020 - Aug 2020 |
2026 pullback2026 | -3.69%Mar 2026 | 25d | — | 3mo 23dMar 2026 - now |
2025 selloff2025 | -2.80%Apr 2025 | 7d | 1mo 24d | 2mo 1dApr 2025 - Jun 2025 |
2024 pullback2024 | -2.15%Dec 2024 | 2mo 19d | 1mo 16d | 4mo 5dOct 2024 - Feb 2025 |
Drawdown Indicators
| PIPNX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.42% | -56.78% | +43.36% |
Max Drawdown (1Y)Largest decline over 1 year | -3.69% | -9.10% | +5.41% |
Max Drawdown (3Y)Largest decline over 3 years | -3.95% | -18.90% | +14.95% |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | -25.43% | +12.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.97% | -1.80% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -10.71% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 2.03% | -0.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with PIPNX
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