PIMCO StocksPLUS Absolute Return Fund Institutional Class (PSPTX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry.
PSPTX has IPO date of 2002-07-01, listed on the NASDAQ, a market capitalization of $1.55B.
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. The fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 35% of its total assets.
