Convert between mutual fund classes
Summary of User’s Concerns and Solutions:
- The main problem reported by the user is whether they can convert shares between PIPAX and PISNX, and if so, how to do it on the website, including the associated costs.
- The user can place a trade on the website to exchange between the two funds or place a sell order for one and a buy order for the other.
- A link is provided to a guide on how to place trades for those unfamiliar with the process.
- PISNX has an online transaction fee of $49.95 for purchases, which is indicated on the fund’s research page.
- The user can compare the two funds using Fidelity’s Mutual Funds Research tool, with step-by-step instructions on how to do so provided.
Here’s the full thread
Can I convert shares between PIPAX and PISNX? Can it be done on the web site. If so, how? What is the cost? For a buy-and-old investor, is one class better than the other? Is the difference significant?
Hi, @JayG . We’re happy to help.
You can certainly place a trade on the website to either Exchange between these two funds, or place a sell order of one fund and a buy order for the other fund. If you’re unfamiliar with how to place trades, check out the link below which gives a quick overview.
How to trade: https://www.fidelity.com/learning-center/trading-investing/trading/how-to-trade-stocks-etf
Please know that PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) I-3 (PISNX) has an online transaction fee of $49.95 to buy it. On the fund’s research page, you will see a red tag labeled “FEE” to denote this.
If you’d like to compare these two funds, you can do so using our Mutual Funds Research tool on our website. I’ve linked you to the tool below.
Mutual Fund Research Tool: https://fundresearch.fidelity.com/fund-screener/
You can compare funds by following these steps:
1. Type the mutual fund symbol in the “Search or get a quote” section
2. Click on the “Compare” button in the “Similar Fund Picks from Fidelity” section
3. Add the funds you would like to compare in the “Symbol: Add” section
Please let us know if you have other questions! 🟢