Morningstar

PIMCO GNMA and Government Securities Fund Class A PAGNX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.86  /  −0.45 %
  • Total Assets 1.3B
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 2.830%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Government Mortgage-Backed Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.36%
  • Effective Duration 5.10 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PAGNX

Will PAGNX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAGNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAGNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PAGNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Access to Pimco’s considerable skill managing mortgages in a government-focused portfolio.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

Pimco GNMA and Government Securities’ skilled team employs a disciplined, risk-conscious approach.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PAGNX

More PAGNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 6%

22.51 302M
Securitized

RFR USD SOFR/3.00000 03/19/25-5Y LCH Receive

20.50 275M
Government

10 Year Treasury Note Future Sept 26

14.46 194M
Government

Government National Mortgage Association 5%

13.23 178M
Securitized

Government National Mortgage Association 5.5%

11.81 159M
Securitized

RFR USD SOFR/3.50000 12/20/23-7Y CME Receive

10.40 140M
Government

Government National Mortgage Association 2%

9.99 134M
Securitized

Government National Mortgage Association 4%

8.09 109M
Securitized

Government National Mortgage Association 3.5%

7.39 99M
Securitized

Government National Mortgage Association 2.5%

6.93 93M
Securitized

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