Stock Analysis Report

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Executive Summary

PCM Fund Inc. is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. More Details


Snowflake Analysis

Share Price & News

How has PCM Fund's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: PCM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PCM's weekly volatility (2%) has been stable over the past year.

Market Performance

7 Day Return




US Capital Markets


US Market

1 Year Return




US Capital Markets


US Market

Return vs Industry: PCM underperformed the US Capital Markets industry which returned 36.1% over the past year.

Return vs Market: PCM underperformed the US Market which returned 41.9% over the past year.

Shareholder returns

7 Day1.3%1.0%-0.7%
30 Day1.4%10.8%4.3%
90 Day3.7%17.0%8.1%
1 Year13.4%3.0%42.2%38.8%39.6%36.6%
3 Year30.9%0.3%40.1%29.7%53.5%43.7%
5 Year100.5%21.5%152.2%121.0%123.7%98.8%

Long-Term Price Volatility Vs. Market

How volatile is PCM Fund's share price compared to the market and industry in the last 5 years?

Simply Wall St News

No news available


Is PCM Fund undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PCM ($11.36) is trading below our estimate of fair value ($13.67)

Significantly Below Fair Value: PCM is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: PCM is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: PCM is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PCM's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: PCM is good value based on its PB Ratio (1.3x) compared to the US Capital Markets industry average (14.4x).

Future Growth

How is PCM Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PCM Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has PCM Fund performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PCM is currently unprofitable.

Growing Profit Margin: PCM is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: PCM is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.

Accelerating Growth: Unable to compare PCM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PCM is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (10.5%).

Return on Equity

High ROE: PCM has a negative Return on Equity (-8.93%), as it is currently unprofitable.

Financial Health

How is PCM Fund's financial position?

Financial Position Analysis

Short Term Liabilities: PCM's short term assets ($18.5M) do not cover its short term liabilities ($100.3M).

Long Term Liabilities: PCM's short term assets ($18.5M) exceed its long term liabilities ($1.3M).

Debt to Equity History and Analysis

Debt Level: PCM's debt to equity ratio (80.4%) is considered high.

Reducing Debt: PCM's debt to equity ratio has increased from 71.5% to 80.4% over the past 5 years.

Debt Coverage: PCM's debt is not well covered by operating cash flow (4.5%).

Interest Coverage: PCM is unprofitable, therefore interest payments are not well covered by earnings.

Balance Sheet


What is PCM Fund current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PCM's dividend (8.45%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: PCM's dividend (8.45%) is in the top 25% of dividend payers in the US market (3.72%)

Stability and Growth of Payments

Stable Dividend: PCM's dividends per share have been stable in the past 10 years.

Growing Dividend: PCM's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: PCM is paying a dividend but the company is unprofitable.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


PCM Fund has no CEO, or we have no data on them.

Leadership Team

Daniel Ivascyn
Group Chief Investment Officerno datano datano data
John Hague
no datano datano data
Alfred Murata
Co-Portfolio Manager3.75yrsno datano data
Bryan Tsu
Co-Portfolio Manager3.75yrsno datano data
Russell Gannaway
Co-Portfolio Manager 3.75yrsno datano data


Average Tenure

Experienced Management: PCM's management team is considered experienced (3.8 years average tenure).

Board Members

Alan Rappaport
Director10.75yrsUS$1.00kno data
Deborah DeCotis
Director9.75yrsUS$1.00kno data
Hans Kertess
Chairmanno dataUS$2.00kno data
John Maney
Director12.92yrsno datano data
William Ogden
Director12.92yrsUS$1.00kno data
Bradford Gallagher
Director10.5yrsUS$1.00kno data
James Jacobson
Director11.25yrsUS$2.00kno data


Average Tenure


Average Age

Experienced Board: PCM's board of directors are seasoned and experienced ( 11 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

PCM Fund Inc.'s company bio, employee growth, exchange listings and data sources

Key Information


  • PCM Fund Inc.
  • 650 Newport Center Drive
  • Newport Beach
  • California
  • 92660
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PCMNYSE (New York Stock Exchange)YesCommon StockUSUSDAug 1993


PCM Fund Inc. is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/02 23:55
End of Day Share Price2021/03/02 00:00
Annual Earnings2020/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.