PIPNX vs. PIMIX
Compare and contrast key facts about PIMCO Income Fund Class I-3 (PIPNX) and PIMCO Income Fund Institutional Class (PIMIX).
PIPNX is managed by PIMCO. It was launched on Apr 30, 2018. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIPNX or PIMIX.
Correlation
The correlation between PIPNX and PIMIX is 1.00, 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.
Performance
PIPNX vs. PIMIX - Performance Comparison
Key characteristics
PIPNX:
1.83
PIMIX:
1.85
PIPNX:
2.74
PIMIX:
2.78
PIPNX:
1.35
PIMIX:
1.36
PIPNX:
3.11
PIMIX:
3.16
PIPNX:
7.71
PIMIX:
7.88
PIPNX:
0.95%
PIMIX:
0.95%
PIPNX:
4.02%
PIMIX:
4.03%
PIPNX:
-13.40%
PIMIX:
-13.39%
PIPNX:
-0.19%
PIMIX:
-0.19%
Returns By Period
The year-to-date returns for both investments are quite close, with PIPNX having a 1.56% return and PIMIX slightly higher at 1.57%.
PIPNX
1.56%
1.47%
2.23%
7.44%
2.94%
N/A
PIMIX
1.57%
1.48%
2.29%
7.56%
3.06%
4.42%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIPNX vs. PIMIX - Expense Ratio Comparison
PIPNX has a 0.77% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
PIPNX vs. PIMIX — Risk-Adjusted Performance Rank
PIPNX
PIMIX
PIPNX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class I-3 (PIPNX) 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.
Dividends
PIPNX vs. PIMIX - Dividend Comparison
PIPNX's dividend yield for the trailing twelve months is around 6.10%, less than PIMIX's 6.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIPNX PIMCO Income Fund Class I-3 | 6.10% | 6.16% | 6.10% | 6.28% | 3.92% | 4.73% | 5.66% | 3.66% | 0.00% | 0.00% | 0.00% | 0.00% |
PIMIX PIMCO Income Fund Institutional Class | 6.21% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
Drawdowns
PIPNX vs. PIMIX - Drawdown Comparison
The maximum PIPNX drawdown since its inception was -13.40%, roughly equal to the maximum PIMIX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PIPNX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
PIPNX vs. PIMIX - Volatility Comparison
PIMCO Income Fund Class I-3 (PIPNX) and PIMCO Income Fund Institutional Class (PIMIX) have volatilities of 0.93% and 0.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.