PIMCO Income Fund Institutional Class (PIMIX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry.
PIMIX has IPO date of 2007-04-02, listed on the NASDAQ, a market capitalization of $225B.
PIMCO Income Fund Institutional Class is a fixed income fund that primarily seeks to maximize current income while pursuing long-term capital appreciation as a secondary objective. The fund invests at least 65% of its total assets in a diversified, multi-sector portfolio of fixed income instruments with varying maturities, which may include derivatives such as options, futures contracts, and swap agreements. The fund may allocate up to 50% of its total assets to high-yield securities rated below investment grade by major rating agencies including Moody's, S&P, and Fitch, or unrated securities as determined by PIMCO's analysis.
