PIMCO Credit Opportunities Bond Fund (PPCRX)

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PIMCO Credit Opportunities Bond Fund (PPCRX) is down 0.3% since the beginning of the year. PPCRX is currently trading at $10 per share. Investors who bought $1,000 worth of PPCRX shares 5 years ago would now be looking at an investment worth $1,149.

PIMCO Credit Opportunities Bond Fund (PPCRX) has returned -0.33% so far this year and 2.46% over the past 12 months. Over the last ten years, PPCRX has returned 3.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Sep 2, 2011, PPCRX's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.

Historically, 70% of months were positive and 30% were negative. The best month was Nov 2023 with a return of +3.3%, while the worst month was Mar 2020 at -9.3%. The longest winning streak lasted 23 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PPCRX closed higher 39% of trading days. The best single day was Mar 26, 2020 with a return of +1.6%, while the worst single day was Mar 18, 2020 at -3.2%.

PIMCO Credit Opportunities Bond Fund has an annualized alpha of 2.55%, beta of 0.06, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since September 02, 2011.

• This fund participated in 22.23% of S&P 500 Index downside but only 19.53% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.06 may look defensive, but with R2 of 0.13 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 0.13 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.

PPCRX has a high expense ratio of 1.00%, indicating above-average management fees.

PPCRX ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

PIMCO Credit Opportunities Bond Fund provided a 2.77% dividend yield over the last twelve months, with an annual payout of $0.27 per share.

The table displays the monthly dividend distributions for PIMCO Credit Opportunities Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the PIMCO Credit Opportunities Bond Fund. 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 Credit Opportunities Bond Fund was 14.38%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current PIMCO Credit Opportunities Bond Fund drawdown is 2.04%.

The chart below shows the rolling one-month volatility.