PIMCO Long-Term Credit Bond Fund (PTCIX)

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PIMCO Long-Term Credit Bond Fund (PTCIX) is down 2.6% since the beginning of the year. PTCIX is currently trading at $8 per share. Investors who bought $1,000 worth of PTCIX shares 5 years ago would now be looking at an investment worth $833.

PIMCO Long-Term Credit Bond Fund (PTCIX) has returned -2.61% so far this year and 0.64% over the past 12 months. Over the last ten years, PTCIX has returned 1.93% per year, falling short of the S&P 500 Index benchmark, which averaged 13.29% annually.

Based on dividend-adjusted daily data since Jan 4, 2010, PTCIX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, an investment would double in approximately 12.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +10.2%, while the worst month was Mar 2020 at -10.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, PTCIX closed higher 50% of trading days. The best single day was Nov 10, 2022 with a return of +3.5%, while the worst single day was Mar 18, 2020 at -6.2%.

PIMCO Long-Term Credit Bond Fund has an annualized alpha of 5.95%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 04, 2010.

• This fund participated in 34.21% of S&P 500 Index downside but only 32.03% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.01 may look defensive, but with R2 of 0.00 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 0.00 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.

PTCIX has an expense ratio of 0.55%, placing it in the medium range.

PTCIX ranks 6 for risk / return — above 6% of mutual funds peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.

PIMCO Long-Term Credit Bond Fund provided a 5.56% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for PIMCO Long-Term Credit 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 Long-Term Credit 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 Long-Term Credit Bond Fund was 35.64%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current PIMCO Long-Term Credit Bond Fund drawdown is 17.64%.

The chart below shows the rolling one-month volatility.