PIMCO TRENDS Managed Futures Strategy Fund Institutional Class (PQTIX)

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The chart shows the growth of an initial investment of $10,000 in PIMCO TRENDS Managed Futures Strategy Fund Institutional Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PIMCO TRENDS Managed Futures Strategy Fund Institutional Class (PQTIX) has returned 4.68% so far this year and 12.24% over the past 12 months. Over the last ten years, PQTIX has returned 3.86% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2014, PQTIX's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, your investment would double in approximately 14.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Sep 2022 with a return of +6.9%, while the worst month was Nov 2022 at -9.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PQTIX closed higher 50% of trading days. The best single day was Mar 9, 2020 with a return of +4.6%, while the worst single day was Nov 26, 2021 at -4.0%.

PIMCO TRENDS Managed Futures Strategy Fund Institutional Class has an annualized alpha of 6.17%, beta of -0.10, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

• This fund captured 4.63% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -25.91%) — a profile typical of hedging or uncorrelated assets.
• Beta of -0.10 may look defensive, but with R² of 0.03 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 0.03 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.

PQTIX has a high expense ratio of 1.54%, indicating above-average management fees.

PQTIX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for PIMCO TRENDS Managed Futures Strategy Fund Institutional Class (PQTIX) and compare them to a chosen benchmark (S&P 500 Index).

PIMCO TRENDS Managed Futures Strategy Fund Institutional Class provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for PIMCO TRENDS Managed Futures Strategy Fund Institutional Class. 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 TRENDS Managed Futures Strategy Fund Institutional Class. 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 TRENDS Managed Futures Strategy Fund Institutional Class was 27.65%, occurring on May 14, 2025. The portfolio has not yet recovered.

The current PIMCO TRENDS Managed Futures Strategy Fund Institutional Class drawdown is 12.38%.

The chart below shows the rolling one-month volatility.