We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Pacific Investment Management Company, LLC (commonly known as PIMCO) is an internationally acclaimed investment management firm. The company provides a wide range of financial services in 12 countries with the help of more than 2,100 employees and over 650 professionals. PIMCO has around $1.47 trillion assets under management as of December 31, 2016.
PIMCO offers a broad lineup of investment solutions to its clients that encompass the entire gamut of equities, bonds, currencies, real estates, alternative investments and risk management. Though the firm manages an array of mutual funds, it is best known for those based on fixed income.
PIMCO Short-Duration Muni Income A(PSDAX - Free Report) seeks growth of income exempted from federal income tax, as well as preservation of capital. PSDAX invests a bulk of its assets in debt securities whose interest is free from federal income tax. The fund may also invest at least one-fourth of its assets in bonds of companies based in New York and California. PIMCO Short-Duration Muni Income A has a three-year annualized return of 0.5%.
PSDAX has an expense ratio of 0.73% compared with the category average of 0.94%.
PIMCO Income D invests more than 65% of its assets in a multi-sector portfolio of fixed income securities. PONDX may also invest around half of its assets in high yield debt securities. The fund seeks growth of income and capital. PIMCO Income D has a three-year annualized return of 5.7%.
As of December 2016, PONDX held 5008 issues, with 5.63% of its assets invested in Cdx Hy25 5y Ice.
PIMCO StocksPLUS International (USD-Hedged) D seeks returns ahead of the fund’s benchmark index. PIPDX invests heavily in foreign equity derivatives and fixed income instruments issued by both domestic and foreign entities. PIMCO StocksPLUS International (USD-Hedged) D has a three-year annualized return of 7.6%.
PIPDX has an expense ratio of 1.15% compared with the category average of 1.16%.
Image: Bigstock
3 Top-Ranked PIMCO Mutual Funds to Consider
Pacific Investment Management Company, LLC (commonly known as PIMCO) is an internationally acclaimed investment management firm. The company provides a wide range of financial services in 12 countries with the help of more than 2,100 employees and over 650 professionals. PIMCO has around $1.47 trillion assets under management as of December 31, 2016.
PIMCO offers a broad lineup of investment solutions to its clients that encompass the entire gamut of equities, bonds, currencies, real estates, alternative investments and risk management. 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 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 Short-Duration Muni Income A(PSDAX - Free Report) seeks growth of income exempted from federal income tax, as well as preservation of capital. PSDAX invests a bulk of its assets in debt securities whose interest is free from federal income tax. The fund may also invest at least one-fourth of its assets in bonds of companies based in New York and California. PIMCO Short-Duration Muni Income A has a three-year annualized return of 0.5%.
PSDAX has an expense ratio of 0.73% compared with the category average of 0.94%.
PIMCO Income D invests more than 65% of its assets in a multi-sector portfolio of fixed income securities. PONDX may also invest around half of its assets in high yield debt securities. The fund seeks growth of income and capital. PIMCO Income D has a three-year annualized return of 5.7%.
As of December 2016, PONDX held 5008 issues, with 5.63% of its assets invested in Cdx Hy25 5y Ice.
PIMCO StocksPLUS International (USD-Hedged) D seeks returns ahead of the fund’s benchmark index. PIPDX invests heavily in foreign equity derivatives and fixed income instruments issued by both domestic and foreign entities. PIMCO StocksPLUS International (USD-Hedged) D has a three-year annualized return of 7.6%.
PIPDX has an expense ratio of 1.15% compared with the category average of 1.16%.
To view the Zacks Rank and past performance of all PIMCO mutual funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>