# PIMCO Access Income Fund of Beneficial Interest (PAXS) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $13.31, market value $628 million.

## Valuation
- **P/E (trailing): 10.7×** (5-yr avg 6.5×, 3-yr avg 6.5×). PIMCO Access Income Fund of Beneficial Interest trades at 10.7× trailing earnings, well above its own five-year average of 6.5×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 11.0×**. Each dollar of revenue is priced at 11.0×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 13.6%** (5-yr avg 11.5%). Free cash flow equals 13.6% of the market value, in line with its five-year average of 11.5%. Above 5% is generally attractive.
- **Earnings yield: 9.3%**. The inverse of the P/E: 9.3% of the price is earned each year.

## Profitability
- **Net margin: 99.8%**. 99.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.2%**. 8.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 4.8%**. Each dollar of assets produces 4.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -35.9%**. Revenue fell 35.9% over the last year.
- **Free-cash-flow growth (3 yr): 113.0%/yr**. Free cash flow has compounded at 113.0% a year over three years.

## Financial health
- **Cash and short-term investments: $3 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 13.47%** ($1.79 per share, trailing). PIMCO Access Income Fund of Beneficial Interest yields 13.47%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 137%** (91% of free cash flow). The dividend exceeds earnings (137% payout), though free cash flow still covers it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Shareholder yield: 10.3%**. Dividends plus net buybacks return 10.3% of the market value a year.

## Price and momentum
- **Total return (1 yr): -10.4%** (YTD -8.2%, 3-mo -7.6%). The shares are down 10.4% over twelve months including dividends.
- **From 52-week high: -17.6%** (4.9% above the low). Trading 18% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.40** (volatility 13%). Beta of 0.40 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PAXS · Page: https://foliofundamentals.com/stocks/paxs

Not investment advice.