Fund Evaluator:
PIMCO Stocks PLUS Bond Alpha Inst (PSTKX)
Follow This Fund
Best Performing in Large Blend Over the Last Year
| 49.8% | PRIMECAP Odyssey Growth (POGRX) |
| 48.6% | Vanguard PRIMECAP Core Inv (VPCCX) |
| 45.8% | Vanguard PRIMECAP Adm (VPMAX) |
| 45.7% | Vanguard PRIMECAP Inv (VPMCX) |
| 42.3% | Midas Special Opportunities (MISEX) |
Fund Details
PIMCO Stocks PLUS Bond Alpha Inst Overview
PIMCO Stocks PLUS Bond Alpha Inst (PSTKX) is an actively managed U.S. Equity Large Blend fund. PIMCO launched the fund in 1993.
The investment seeks total return which exceeds that of the S&P 500 Index. The fund seeks to exceed the total return of the S&P 500 Index by investing under normal circumstances in S&P 500 Index derivatives, backed by a portfolio of fixed income instruments. "Fixed income instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. It may invest up to 30% of its total assets in securities denominated in foreign currencies and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.
About PIMCO Stocks PLUS Bond Alpha Inst (PSTKX)
There are 4 members of the management team with an average tenure of 5.64 years: Jing Yang (2018), Jerome Schneider (2025), Bryan Tsu (2018), Marc Seidner (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. PIMCO Stocks PLUS Bond Alpha Inst has 1018 securities in its portfolio. The top 10 holdings constitute 140.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
PIMCO Stocks PLUS Bond Alpha Inst is part of the Equity global asset class and is within the U.S. Equity fund group. PIMCO Stocks PLUS Bond Alpha Inst has 58.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.8%. There is 0.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 126.2% (67.6% domestic bond, 58.7% foreign bond and 0.0% convertible bond). PIMCO Stocks PLUS Bond Alpha Inst has -126.1% of the portfolio in cash.
Assets Under Management
The fund has $2 billion in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PSTKX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PIMCO Stocks PLUS Bond Alpha Inst expense ratio is above average compared to funds in the Large Blend category. PIMCO Stocks PLUS Bond Alpha Inst has an expense ratio of 0.79%, which is 3% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. PIMCO Stocks PLUS Bond Alpha Inst has a portfolio turnover rate of 539%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, PIMCO Stocks PLUS Bond Alpha Inst returned -0.1%, which earned it a grade of C, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
PIMCO Stocks PLUS Bond Alpha Inst has a trailing yield of 4.21%, which is above the 0.56% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
PIMCO Stocks PLUS Bond Alpha Inst Grades
Year to date, the fund has returned 10.3%, 1.0 percentage points better than the category, which translates into a grade of B. The fund has returned 20.0% over the past year (grade of B), 19.5% over the past three years (grade of B) and 12.0% per year over the past five years (grade of B) and 14.7% per year over the past 10 years (grade of B).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about PIMCO Stocks PLUS Bond Alpha Inst, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
PSTKX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PSTKX Return (NAV) | -0.1% | 4.4% | 20.0% | 19.5% | 12.0% | 14.7% |
| PSTKX Grade | C | B | B | B | B | B |
| +/- Category | -0.5% | 0.3% | 2.6% | 2.2% | 0.9% | 1.0% |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| PSTKX Tax Cost Ratio | na | na | 5.1% | 3.5% | 3.3% | 2.9% |
PSTKX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PSTKX Return (NAV) | 10.3% | 18.1% | 25.0% | 26.5% | -21.2% | 28.0% | 18.5% | 32.8% | -5.7% | 22.4% | 12.5% |
| PSTKX Grade | B | B | B | B | F | B | B | A | C | B | A |
| +/- Category | 1.0% | 2.2% | 2.9% | 2.8% | -3.9% | 1.4% | 0.9% | 2.9% | 0.2% | 1.1% | 2.3% |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 13.5% |
| Total Risk Index: | 1.10 - Above Average |
| Category Risk Index: | 1.02 - Above Average |
| Category Risk Grade: | D (70% Rank) |
| Beta: | 1.03 |
| R-Squared: | 100% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 4.2% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $2904 Mil |
| Fund Total Assets: | $2,194 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 539% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 8.0 years | |||
| Average Tenure: 5.6 years | |||
| Managers (Year): Yang Jing (2018), Tsu Bryan (2018), Seidner Marc (2021), Schneider Jerome (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 1018 |
| % in Top 10 Holdings: | 140.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 58.8% |
Portfolio Allocation |
|
| Domestic Stock: | 99.8% |
| Foreign Stock: | 0.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 67.6% |
| Foreign Bond: | 58.7% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | -126.1% |
Purchase Information
| Fund Family: | PIMCO |
| Phone Number: | 888-877-4626 |
| Website: | www.pimco.com |
| Status: | Open |
| Inception Date: | May 13, 1993 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.79% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | PIMCO Stocks PLUS Bond Alpha Inst |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
