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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 more than 2,800 employees. PIMCO had around $1.82 trillion in assets under management as of Jun 30, 2022.
PIMCO offers a broad lineup 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 a fixed income.
PIMCO Inflation Response Multi-Asset Fund invests most of its assets in a combination of fixed-income securities of varying maturity periods alongside equity securities of affiliated and non-affiliated investment companies. PPRMX advisors may also invest a small portion of its assets in derivative instruments like forwards, options, futures contracts or swap agreements, to mitigate the negative effects of inflation.
PIMCO Inflation Response Multi-Asset Fund has three-year annualized returns of 5%. Daniel J. He has been one of the fund managers of PPRMX since 2019.
PIMCO All Asset seeks maximum real return alongside capital preservation. PASAX pursues its investment objective by investing most of its assets in the least expensive class of shares of any actively managed or smart beta funds (including mutual funds or exchange-traded funds) of the Trust, or PIMCO ETF Trust or PIMCO Equity Series.
PIMCO All Asset has three-year annualized returns of 2.7%. As of June 2022, PASAX held 28 issues, with 23.6% of its assets invested in PIMCO ALL ASSET MULTI RAE.
PIMCO All Asset Fund is considered a “fund of funds”, because it chooses to pursue its investment objective by investing in other funds. PATRX invests most of its assets in the least expensive class of shares of any actively managed or smart beta funds of the Trust, or PIMCO ETF Trust or PIMCO Equity Series, but does not invest in other fund of funds.
PIMCO All Asset Fund has three-year annualized returns of 2.4%. PATRX has an expense ratio of 0.82% compared with the category average of 1.29%.
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3 PIMCO Mutual Funds That Should Be on Your Radar
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 more than 2,800 employees. PIMCO had around $1.82 trillion in assets under management as of Jun 30, 2022.
PIMCO offers a broad lineup 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 a fixed income.
Below, we share with you three top-ranked PIMCO mutual funds — PIMCO Inflation Response Multi-Asset Fund (PPRMX - Free Report) , PIMCO All Asset (PASAX - Free Report) and PIMCO All Asset Fund (PATRX - Free Report) . Each has 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 PIMCO mutual funds.
PIMCO Inflation Response Multi-Asset Fund invests most of its assets in a combination of fixed-income securities of varying maturity periods alongside equity securities of affiliated and non-affiliated investment companies. PPRMX advisors may also invest a small portion of its assets in derivative instruments like forwards, options, futures contracts or swap agreements, to mitigate the negative effects of inflation.
PIMCO Inflation Response Multi-Asset Fund has three-year annualized returns of 5%. Daniel J. He has been one of the fund managers of PPRMX since 2019.
PIMCO All Asset seeks maximum real return alongside capital preservation. PASAX pursues its investment objective by investing most of its assets in the least expensive class of shares of any actively managed or smart beta funds (including mutual funds or exchange-traded funds) of the Trust, or PIMCO ETF Trust or PIMCO Equity Series.
PIMCO All Asset has three-year annualized returns of 2.7%. As of June 2022, PASAX held 28 issues, with 23.6% of its assets invested in PIMCO ALL ASSET MULTI RAE.
PIMCO All Asset Fund is considered a “fund of funds”, because it chooses to pursue its investment objective by investing in other funds. PATRX invests most of its assets in the least expensive class of shares of any actively managed or smart beta funds of the Trust, or PIMCO ETF Trust or PIMCO Equity Series, but does not invest in other fund of funds.
PIMCO All Asset Fund has three-year annualized returns of 2.4%. PATRX has an expense ratio of 0.82% compared with the category average of 1.29%.
To view the Zacks Rank and the past performance of all PIMCO mutual funds, investors can click here to see the complete list of PIMCO mutual funds.
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