PIMCO RAE US Small Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, PIMCO RAE US Small Fund held 332 positions with $3.79B in net assets. Its ten largest holdings made up 20.8% of the fund. The PMJIX share class costs 0.5% a year. Over the 12 months to May 2026, PMJIX returned 35.2%, with dividends reinvested. In 2026 Q2 it added 127 new positions and exited 67.
The Fund seeks long-term capital appreciation.
The fund invests at least 80% of its assets in small U.S. companies selected by sub-adviser Research Affiliates using a rules-based model that screens for value, quality, and momentum signals, then weights holdings by fundamental measures of company size such as sales, cash flow, dividends, and book value. The portfolio is rebalanced periodically to target weights, reflecting a value orientation. Because actual positions drift from targets as market prices change, the fund's returns depend on the timing and execution of those rebalancing trades.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Pimco Institutional US Government Money Market Fund | 2.93% | $110.96M | — | — |
SANMSanmina Corp | 2.73% | $103.38M | 408.5K | $253.08 |
2.25% | $85.17M | 786.1K | $108.35 | |
Jazz Pharmaceuticals PLC | 2.09% | $79.25M | 328.9K | $240.97 |
1.88% | $71.31M | 344.8K | $206.81 | |
1.88% | $71.28M | 210.7K | $338.40 | |
1.85% | $70.24M | 865.5K | $81.16 | |
1.78% | $67.48M | 1.3M | $53.78 | |
AYIAcuity Inc | 1.77% | $67.16M | 178.3K | $376.66 |
1.61% | $60.97M | 1.2M | $50.81 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 332 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.46% |
| Cash & short-term | 3.40% |
By sector
- Industrials
- 19.2%
- Consumer Discretionary
- 15.4%
- Information Technology
- 15.0%
- Financials
- 14.4%
- 9 other sectors
- 36.0%
- Industrials
- 19.2%
- Consumer Discretionary
- 15.4%
- Information Technology
- 15.0%
- Financials
- 14.4%
- Health Care
- 6.8%
- Energy
- 5.5%
- Real Estate
- 5.2%
- Materials
- 4.7%
- Communication Services
- 4.3%
- International
- 4.2%
- Cash
- 3.3%
- Consumer Staples
- 1.8%
- Utilities
- 0.4%
How it has done
PMJIX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.08%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 3 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.50% | +35.21% | +91.06% | +76.64% | -18.04% | |
| 0.60% | +35.21% | +90.57% | +75.96% | -18.02% | |
| 0.90% | +34.82% | +88.77% | +73.24% | -18.16% |
These classes hold the same portfolio, so the 3.40pp spread over 5 years is the cost difference between them — roughly 0.68pp a year — not a difference in what they own.
Fees & fund details
PIMCO RAE US Small Fund is an actively managed U.S. equity fund. 4% of PMJIX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.50% – 0.90%· PMJIX 0.50%
- Portfolio turnover
- 59.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
127 new· the largest 8
67 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Understand how this fund fits with the rest.
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