Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -2.21% | -3.75% | -14.56% | -15.01% | -20.68% | -26.21% | -15.06% | -15.48% | -6.84% | -5.19% |
| Market-price total return | -0.94% | -2.50% | -11.37% | -8.83% | -11.15% | -15.62% | -3.86% | -5.25% | +3.61% | +5.51% |
| NAV return | -1.50% | -1.87% | -4.71% | -7.56% | -11.15% | -11.15% | -5.48% | -11.01% | -6.25% | -3.91% |
| NAV total return | -0.30% | -0.67% | -1.25% | -0.84% | -0.37% | +1.80% | +8.67% | +1.82% | +5.90% | +7.78% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.13% | 0.03% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.17% | 0.04% | as above |
| Volatility, 5 years | 0.20% | 0.04% | as above |
| Maximum drawdown, 3 years | -27.47% | -4.21% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | -0.38 | 1.27 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | -0.48 | 1.87 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.21 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.18 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for PCM Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.