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PIMCO CommoditiesPLUS Strategy Inst Fund (PCLIX)

Quick Facts Ticker: PCLIX Inception Date: 05/28/2010 Morningstar Category: Commodities Broad Basket Total Net Assets (mil): $4,097.00	Investment Strategy    What's this? The investment seeks total return which exceeds that of its benchmark consistent with prudent investment management. The fund invests in commodity-linked derivative instruments backed by an actively managed, low volatility portfolio of Fixed Income Instruments, and may also invest directly in commodities. "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. It is non-diversified.
Morningstar Style Box™   as of 12/31/2023    What's this?	Overall Morningstar Star Rating™   as of 03/31/2024    What's this? Out of 100 Commodities Broad Basket Funds Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.

Total Returns

Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

In situations where the net and gross total investment expense figures are different, the mutual fund or the underlying fund in which a Separate Account invests has waived/capped a portion of its management fees through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.

Month-End | Quarter-End

Average Annual Total Returns as of 03/31/2024

1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since      Inception* Total Return % 5.02 8.20 8.20 10.39 18.73 12.33 2.18 3.87 Bloomberg Commodity Index % 3.31 2.19 2.19 -0.56 9.11 6.38 -1.56 --- Commodities Broad Basket Category % 4.25 4.27 4.27 2.19 11.04 7.53 -0.72 --- Morningstar Percentile Rankings** --- --- --- 5 6 3 6 --- # of Funds in Category 113 110 110 106 100 96 63 ---

* Inception Date: 05/28/2010

**Morningstar percentile rankings are based on total returns.

Expenses   as of 03/31/2024 Total Investment Expense - Gross: 0.98% Total Investment Expense - Net: 0.81% Waiver Date: 07/31/2024 Total Investment Expense Gross Per $1,000 Invested: $9.80

Inv Manager or Sub-Advisor

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PIMCO

Portfolio Managers

   What's this?

Greg E. Sharenow Since 01/02/2015 B.A. , Northwestern University

Lewis Hagedorn Since 02/01/2022

Andrew Dewitt Since 02/01/2022

Bryan Tsu Since 02/01/2022

© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Returns shown for periods of less than one year are not annualized. Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company. Securities are offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Securities sold by a Principal Securities Registered Representative are offered through Principal Securities. Principal Securities and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths. Investors should carefully consider a mutual fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1-800-547-7754. Read the prospectus carefully before investing. Not FDIC Insured May Lose Value - Not a Deposit - No Bank Guarantee Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

Dow Jones UBS Commodity Index is composed of futures contracts on physical commodities.