PIMCO D Share Fund Issue
We addressed this issue in March 26, 2018: Total Return Bond Update. Apparently, judging from many emails we received, we believe there are still many confused users, especially in the context of the latest rebalances with respect to Fidelity and Schwab Core Mutual Fund portfolios. In the latest rebalance, the portfolios were involved with buying PSPDX (PIMCO StocksPLUS D) and PCRDX (PIMCO Commodity Real Ret Strat D).
Since these D share funds were effectively merged with their A share fund on March 23, 2018, these D share funds no longer exist. In fact, you wouldn’t be able to quote the above D share fund symbols anymore from other websites. However, as stated in the above newsletter, because of a technical convenience, MyPlanIQ still retains these symbols and they are just made to represent their A share funds.
Both A share funds PSPAX (PIMCO StocksPLUS A) and PCRAX (PIMCO Commodity Real Ret Strat A) are available to the brokerages as no transaction fee and no load (or load waived) funds. So users should consider purchase these funds instead.
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