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3 Zacks Rank #1 PIMCO Funds to Boost Your Returns

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Incepted in 1971, Pacific Investment Management Company, LLC also known as PIMCO offers a broad lineup of investment solutions that encompass the entire gamut of equities, bonds, currencies, real estates, alternative investments and risk management. With around $1.47 trillion assets under management (as of December 31, 2016), PIMCO is considered one of the world’s leading investment management firms across the globe.

Though the fund family manages a large number of mutual funds across a wide range, it is best known for its fixed income mutual funds. PIMCO prides itself in having more than 2,200 professionals across 12 global offices throughout the Asia, Americas and Europe. PIMCO established a strong reputation of innovation and continued to grow as a successful investment solutions provider across different asset classes.

Below we share with you three best-rated PIMCO mutual funds. 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 PIMCO funds.

PIMCO Global Bond (USD-Hedged) A (PAIIX - Free Report) invests the majority of its assets in Fixed Income Instruments that are economically linked to a minimum of three nations including the U.S. PAIIX generally invests at least 25% of its assets in Fixed Income Instruments, which are economically tied to non-U.S. countries. The fund may also invest in derivative instruments. PIMCO Global Bond (USD-Hedged) A returned 5% in the last one year.

PAIIX has an expense ratio of 0.90% compared with a category average of 0.98%.

PIMCO Income Fund A (PONAX - Free Report)  seeks growth of income and capital. PONAX invests a minimum of 65% of its assets in fixed income securities from a wide range of sectors. These securities may include options, futures contracts and swap agreements. The fund may invest not more than half of its assets in securities that are rated below investment grade. PIMCO Income A returned 10.1% in the last one year.

Alfred Murata is one of the fund managers of PONAX since 2013.

PIMCO StocksPLUS Small A (PCKAX - Free Report) maintains a portfolio by investing in fixed income securities related to the Russell 2000 Index including bonds and other derivatives in order to derive a higher return than the index. PCKAX invests in securities from public as well as private sectors issued worldwide. The fund focuses on investing in those fixed income instruments, which are actively managed by PIMCO. PIMCO StocksPLUS A returned 39.4% in the last one year.

As of September 2016, PCKAX held 495 issues, with 72.15% of its assets invested in Ru20intr Trs Equity 3ml-74 *Bullet* Bps.

To view the Zacks Rank and past performance of all PIMCO mutual funds, investors can click here to see the complete list of funds.

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