PBDCX vs. PIMIX
Compare and contrast key facts about PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) and PIMCO Income Fund Institutional Class (PIMIX).
PBDCX is an actively managed fund by PIMCO. It was launched on Sep 3, 2004. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Performance
PBDCX vs. PIMIX - Performance Comparison
Loading graphics...
PBDCX vs. PIMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBDCX PIMCO Investment Grade Credit Bond Fund Class C | -1.80% | 7.27% | 2.10% | 6.82% | -17.38% | -2.01% | 6.29% | 13.44% | -3.12% | 6.73% |
PIMIX PIMCO Income Fund Institutional Class | -1.36% | 11.08% | 5.45% | 9.36% | -9.07% | 2.62% | 5.84% | 8.10% | 0.63% | 8.63% |
Returns By Period
In the year-to-date period, PBDCX achieves a -1.80% return, which is significantly lower than PIMIX's -1.36% return. Over the past 10 years, PBDCX has underperformed PIMIX with an annualized return of 1.75%, while PIMIX has yielded a comparatively higher 4.66% annualized return.
PBDCX
- 1D
- 0.56%
- 1M
- -3.44%
- YTD
- -1.80%
- 6M
- -1.12%
- 1Y
- 2.59%
- 3Y*
- 3.54%
- 5Y*
- -0.52%
- 10Y*
- 1.75%
PIMIX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.36%
- 6M
- 1.15%
- 1Y
- 6.07%
- 3Y*
- 7.20%
- 5Y*
- 3.38%
- 10Y*
- 4.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PBDCX vs. PIMIX - Expense Ratio Comparison
PBDCX has a 2.19% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Return for Risk
PBDCX vs. PIMIX — Risk / Return Rank
PBDCX
PIMIX
PBDCX vs. PIMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) and PIMCO Income Fund Institutional Class (PIMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PBDCX | PIMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 1.56 | -0.94 |
Sortino ratioReturn per unit of downside risk | 0.87 | 2.25 | -1.38 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.29 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.87 | -1.00 |
Martin ratioReturn relative to average drawdown | 2.88 | 7.56 | -4.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PBDCX | PIMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.56 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.72 | -0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 1.11 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 1.56 | -0.83 |
Correlation
The correlation between PBDCX and PIMIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PBDCX vs. PIMIX - Dividend Comparison
PBDCX's dividend yield for the trailing twelve months is around 3.39%, less than PIMIX's 5.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBDCX PIMCO Investment Grade Credit Bond Fund Class C | 3.39% | 3.55% | 3.21% | 2.45% | 2.46% | 3.48% | 2.69% | 2.82% | 3.04% | 3.33% | 2.76% | 5.47% |
PIMIX PIMCO Income Fund Institutional Class | 5.57% | 6.01% | 6.27% | 6.21% | 4.98% | 4.02% | 4.88% | 5.83% | 5.66% | 5.37% | 5.52% | 7.88% |
Drawdowns
PBDCX vs. PIMIX - Drawdown Comparison
The maximum PBDCX drawdown since its inception was -23.73%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PBDCX and PIMIX.
Loading graphics...
Drawdown Indicators
| PBDCX | PIMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.73% | -13.39% | -10.34% |
Max Drawdown (1Y)Largest decline over 1 year | -3.98% | -3.69% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -23.70% | -13.34% | -10.36% |
Max Drawdown (10Y)Largest decline over 10 years | -23.73% | -13.39% | -10.34% |
Current DrawdownCurrent decline from peak | -6.98% | -3.24% | -3.74% |
Average DrawdownAverage peak-to-trough decline | -4.00% | -1.69% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 0.92% | +0.28% |
Volatility
PBDCX vs. PIMIX - Volatility Comparison
PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) has a higher volatility of 2.21% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.88%. This indicates that PBDCX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PBDCX | PIMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.21% | 1.88% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 2.64% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.08% | 4.28% | +0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 4.75% | +1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.72% | 4.20% | +1.52% |