- ISIN
- US72201U4638
- Issuer
- PIMCO
- Inception Date
- Dec 30, 2013
- Category
- Systematic Trend
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PQTPX Performance Chart
PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) is up 5.4% since the beginning of the year. PQTPX is currently trading at $11 per share. Investors who bought $1,000 worth of PQTPX shares 5 years ago would now be looking at an investment worth $1,211.
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Returns By Period
PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) has returned 5.39% so far this year and 20.09% over the past 12 months. Over the last ten years, PQTPX has returned 4.43% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
PIMCO TRENDS Managed Futures Strategy Fund
- 1D
- 0.91%
- 1M
- -0.42%
- YTD
- 5.39%
- 6M
- 5.89%
- 1Y
- 20.09%
- 3Y*
- 1.04%
- 5Y*
- 3.90%
- 10Y*
- 4.43%
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%
PQTPX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, PQTPX's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.
Historically, 59% of months were positive and 41% 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, PQTPX closed higher 50% of trading days. The best single day was Mar 9, 2020 with a return of +4.5%, while the worst single day was Nov 26, 2021 at -4.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.20% | 3.74% | -2.99% | 0.63% | 1.08% | -0.24% | 5.39% | ||||||
| 2025 | -1.83% | -2.36% | -0.30% | -3.03% | -2.81% | 2.03% | -0.73% | 3.28% | 3.07% | 1.69% | 1.27% | 2.41% | 2.41% |
| 2024 | -0.93% | 2.74% | 1.65% | 1.45% | -2.76% | -2.75% | -0.94% | -3.33% | 1.18% | -3.89% | 2.12% | 2.67% | -3.08% |
| 2023 | 0.72% | -0.09% | -7.03% | 1.91% | 3.76% | 0.00% | -2.26% | -3.89% | 4.34% | 1.02% | -5.85% | 3.88% | -4.21% |
| 2022 | 0.17% | 3.12% | 5.59% | 6.59% | -1.28% | 4.32% | -4.53% | 0.78% | 6.94% | -0.07% | -9.00% | -0.57% | 11.37% |
| 2021 | -0.49% | 1.57% | 2.03% | 1.61% | 2.42% | 0.83% | 1.18% | 1.79% | 3.27% | 2.91% | -4.82% | 1.89% | 14.83% |
Benchmark Metrics
PIMCO TRENDS Managed Futures Strategy Fund has an annualized alpha of 6.13%, beta of -0.10, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund captured 4.62% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -24.68%) - 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.
- Alpha
- 6.13%
- Beta
- -0.10
- R²
- 0.03
- Upside Capture
- 4.62%
- Downside Capture
- -24.68%
Expense Ratio
PQTPX has a high expense ratio of 1.51%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PQTPX ranks 73 for risk / return — better than 73% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) 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.
| PQTPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 2.78 | +1.48 |
| Martin ratioReturn relative to average drawdown | 11.63 | 12.44 | -0.81 |
Dividends
Dividend History
PIMCO TRENDS Managed Futures Strategy Fund provided a 1.27% dividend yield over the last twelve months, with an annual payout of $0.14 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.00 | $0.00 | $0.00 | $1.65 | $0.28 | $0.58 | $0.25 | $0.03 | $0.02 | $0.00 | $0.70 |
Dividend yield | 1.27% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO TRENDS Managed Futures Strategy Fund. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.19 | $1.65 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.17 | $0.28 |
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 TRENDS Managed Futures Strategy 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 TRENDS Managed Futures Strategy Fund was 27.86%, occurring on May 14, 2025. The portfolio has not yet recovered.
The current PIMCO TRENDS Managed Futures Strategy Fund drawdown is 12.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -27.86%May 2025 | 2y 6mo | — | 3y 8moOct 2022 - now |
Rate-hike selloffLate 2018 | -14.85%Nov 2018 | 3y 7mo | 10mo | 4y 5moMar 2015 - Sep 2019 |
Bear market2022 | -11.19%Aug 2022 | 1mo 27d | 2mo 1d | 3mo 28dJun 2022 - Oct 2022 |
2020 correction2020 | -10.87%Sep 2020 | 6mo 4d | 5mo 3d | 11mo 7dMar 2020 - Feb 2021 |
2019 pullback2019 | -6.73%Oct 2019 | 1mo 14d | 4mo 23d | 6mo 7dSep 2019 - Mar 2020 |
Drawdown Indicators
| PQTPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.86% | -56.78% | +28.92% |
Max Drawdown (1Y)Largest decline over 1 year | -4.66% | -9.10% | +4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -18.69% | -18.90% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -27.86% | -25.43% | -2.43% |
Max Drawdown (10Y)Largest decline over 10 years | -27.86% | -33.92% | +6.06% |
Current DrawdownCurrent decline from peak | -12.05% | -1.80% | -10.25% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -10.71% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 2.03% | -0.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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