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3 Best Mutual Funds to Buy From the PIMCO Portfolio
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Founded in 1971, Pacific Investment Management Company, LLC or PIMCO is an internationally acclaimed investment management firm. The company provides a wide range of financial services across the globe, with the help of more than 2,800 employees. PIMCO had around $2.2 trillion assets under management as of Sep 30, 2021.
PIMCO offers a broad line-up of investment solutions for the entire gamut of equities, bonds, currencies, real estate, alternative investments and risk-management services. Though the firm manages an array of mutual funds, it is best known for those based on fixed income.
PIMCO High Yield Municipal Bond Fund Class A invests the major portion of its assets in debt securities that are expected to provide income free from federal income tax. PYMAX may invest in investment-grade municipal bonds and not more than 30% of its assets in "private activity" bonds.
PIMCO High Yield Municipal Bond Fund Class A has returned 7% in three years. As of the end of September 2021, PYMAX held 724 issues, with 1.24% of its assets invested in PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%.
PIMCO RAE US Small Fund Class A seeks long-term capital growth. PMJAX invests the majority of its assets in securities of small-capitalization companies. It particularly focuses on small companies economically tied to the United States.
PIMCO RAE US Small Fund Class A has returned 21.2% in three years. Robert D. Arnott has been one of the fund managers of PMJAX since 2015.
PIMCO Fixed Income SHares: Series M fund aims for maximum total return along with the preservation of capital and prudent investment management. The fund invests the majority of its assets in a portfolio of domestic and foreign fixed income instruments of varying maturities that include mortgage- and other asset-backed securities, corporate-debt securities, and floating and variable rate debt instruments.
PIMCO Fixed Income SHares: Series M has three-year annualized returns of 6.3%. (FXIMX - Free Report) has an expense ratio of 0.02% compared with the category average of 0.97%.
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3 Best Mutual Funds to Buy From the PIMCO Portfolio
Founded in 1971, Pacific Investment Management Company, LLC or PIMCO is an internationally acclaimed investment management firm. The company provides a wide range of financial services across the globe, with the help of more than 2,800 employees. PIMCO had around $2.2 trillion assets under management as of Sep 30, 2021.
PIMCO offers a broad line-up of investment solutions for the entire gamut of equities, bonds, currencies, real estate, alternative investments and risk-management services. Though the firm manages an array of mutual funds, it is best known for those based on fixed income.
Below we share with you three top-ranked PIMCO mutual funds, viz., PIMCO High Yield Municipal Bond Fund Class A (PYMAX - Free Report) , PIMCO RAE US Small Fund Class A (PMJAX - Free Report) and PIMCO Fixed Income SHares: Series M (FXIMX - Free Report) . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
PIMCO High Yield Municipal Bond Fund Class A invests the major portion of its assets in debt securities that are expected to provide income free from federal income tax. PYMAX may invest in investment-grade municipal bonds and not more than 30% of its assets in "private activity" bonds.
PIMCO High Yield Municipal Bond Fund Class A has returned 7% in three years. As of the end of September 2021, PYMAX held 724 issues, with 1.24% of its assets invested in PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%.
PIMCO RAE US Small Fund Class A seeks long-term capital growth. PMJAX invests the majority of its assets in securities of small-capitalization companies. It particularly focuses on small companies economically tied to the United States.
PIMCO RAE US Small Fund Class A has returned 21.2% in three years. Robert D. Arnott has been one of the fund managers of PMJAX since 2015.
PIMCO Fixed Income SHares: Series M fund aims for maximum total return along with the preservation of capital and prudent investment management. The fund invests the majority of its assets in a portfolio of domestic and foreign fixed income instruments of varying maturities that include mortgage- and other asset-backed securities, corporate-debt securities, and floating and variable rate debt instruments.
PIMCO Fixed Income SHares: Series M has three-year annualized returns of 6.3%. (FXIMX - Free Report) has an expense ratio of 0.02% compared with the category average of 0.97%.
To view the Zacks Rank and the past performance of all PIMCO mutual funds, investors can click here to see the complete list of funds.
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