PCN vs. PONAX
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Income Fund Class A (PONAX).
PCN is managed by PIMCO. It was launched on Dec 20, 2001. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Performance
PCN vs. PONAX - Performance Comparison
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PCN vs. PONAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | -4.21% | 5.55% | 19.52% | 16.22% | -22.88% | 6.93% | -2.19% | 39.10% | -5.94% | 26.20% |
PONAX PIMCO Income Fund Class A | -1.42% | 10.63% | 5.02% | 8.96% | -9.34% | 2.21% | 5.40% | 7.65% | 0.21% | 8.19% |
Returns By Period
In the year-to-date period, PCN achieves a -4.21% return, which is significantly lower than PONAX's -1.42% return. Over the past 10 years, PCN has outperformed PONAX with an annualized return of 8.27%, while PONAX has yielded a comparatively lower 4.25% annualized return.
PCN
- 1D
- 3.48%
- 1M
- -4.53%
- YTD
- -4.21%
- 6M
- -6.22%
- 1Y
- -3.05%
- 3Y*
- 8.96%
- 5Y*
- 2.37%
- 10Y*
- 8.27%
PONAX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.42%
- 6M
- 0.98%
- 1Y
- 5.68%
- 3Y*
- 6.79%
- 5Y*
- 3.00%
- 10Y*
- 4.25%
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PCN vs. PONAX - Expense Ratio Comparison
PCN has a 0.85% expense ratio, which is lower than PONAX's 1.02% expense ratio.
Return for Risk
PCN vs. PONAX — Risk / Return Rank
PCN
PONAX
PCN vs. PONAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Income Fund Class A (PONAX). 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.
| PCN | PONAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.20 | 1.48 | -1.67 |
Sortino ratioReturn per unit of downside risk | -0.15 | 2.11 | -2.26 |
Omega ratioGain probability vs. loss probability | 0.97 | 1.28 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | -0.20 | 1.76 | -1.96 |
Martin ratioReturn relative to average drawdown | -0.66 | 7.07 | -7.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PCN | PONAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | 1.48 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.64 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 1.03 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.47 | -1.08 |
Correlation
The correlation between PCN and PONAX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PCN vs. PONAX - Dividend Comparison
PCN's dividend yield for the trailing twelve months is around 11.34%, more than PONAX's 5.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | 11.34% | 10.58% | 10.06% | 10.88% | 12.66% | 7.89% | 7.83% | 7.37% | 9.60% | 7.85% | 11.98% | 10.22% |
PONAX PIMCO Income Fund Class A | 5.20% | 5.61% | 5.86% | 5.86% | 4.66% | 3.62% | 4.48% | 5.42% | 5.24% | 4.97% | 5.13% | 7.45% |
Drawdowns
PCN vs. PONAX - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.12%, which is greater than PONAX's maximum drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for PCN and PONAX.
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Drawdown Indicators
| PCN | PONAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.12% | -13.64% | -47.48% |
Max Drawdown (1Y)Largest decline over 1 year | -13.78% | -3.69% | -10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -33.39% | -13.64% | -19.75% |
Max Drawdown (10Y)Largest decline over 10 years | -50.27% | -13.64% | -36.63% |
Current DrawdownCurrent decline from peak | -6.71% | -3.24% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -1.80% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 0.92% | +3.40% |
Volatility
PCN vs. PONAX - Volatility Comparison
PIMCO Corporate & Income Strategy Fund (PCN) has a higher volatility of 5.81% compared to PIMCO Income Fund Class A (PONAX) at 1.88%. This indicates that PCN's price experiences larger fluctuations and is considered to be riskier than PONAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCN | PONAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 1.88% | +3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 2.61% | +6.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 4.24% | +11.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 4.72% | +11.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 4.16% | +17.81% |