PIMCO Monthly Income Fund (Canada)PIMCO Monthly Income Fund (Canada)PIMCO Monthly Income Fund (Canada)

PIMCO Monthly Income Fund (Canada)

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Key stats


Assets under management (AUM)
Fund flows (1Y)
Dividend yield (indicated)
5.98%
Discount/Premium to NAV
0.02%
Shares outstanding
Expense ratio
0.86%

About PIMCO Monthly Income Fund (Canada)


Brand
PIMCO
Home page
Inception date
Sep 29, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
Pimco Canada Corp. Funds
ISIN
CA72203R1047
The fund invests mainly in non-CAD-denominated fixed income securities of varying maturities. The fund is actively-managed and aims to maximize current income, while keeping a relatively low risk profile. PMIF will maintain consistent levels of income by having a global multi-sector approach in selecting bonds. The funds average portfolio duration ranges from 0-8 years. The portfolio can allocate a maximum of 50% in below-investment-grade securities and up to 20% in emerging markets. The fund will normally hedge its non-CAD currency exposure and limit it to 10% of its total assets.

Broaden your horizons with more funds linked to PMIF via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Securitized
Government
Stock breakdown by region
0.5%7%54%30%4%1%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PMIF trades at 18.32 CAD today, its price has risen 0.38% in the past 24 hours. Track more dynamics on PMIF price chart.
PMIF net asset value is 18.32 today — it's risen 1.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PMIF price has risen by 0.77% over the last month, and its yearly performance shows a 0.11% increase. See more dynamics on PMIF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.30% over the last month, showed a 4.32% increase in three-month performance and has increased by 6.76% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PMIF invests in bonds. See more details in our Analysis section.
PMIF expense ratio is 0.86%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PMIF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PMIF technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PMIF shows the buy signal. See more of PMIF technicals for a more comprehensive analysis.
Yes, PMIF pays dividends to its holders with the dividend yield of 5.98%.
PMIF trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PMIF shares are issued by Allianz SE
PMIF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 29, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.