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3 Top-Ranked PIMCO Mutual Funds to Buy for Long-Term Wealth Creation

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Founded in 1971, Pacific Investment Management Company, LLC or PIMCO, is an internationally acclaimed investment management firm. Headquartered in Newport Beach, CA, the company provides a wide range of financial services across the globe, with more than 3,220 employees. PIMCO had around $2.27 trillion in assets under management as of March 31, 2026. It is present in 24 locations across the Americas, Europe and Asia.

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 fixed income.

Below, we share with you three PIMCO mutual funds, viz., Pimco Rae US Fund (PKAAX - Free Report) , Pimco Dividend And Income Fund (PQIZX - Free Report)  and Pimco Municipal Bond (PMLCX - 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 Rae US Fund invests most of its net assets in a portfolio of stocks of large-cap companies that are economically tied to the United States. PKAAX sub-advisors choose to invest in companies that meet certain liquidity and capacity requirements.

Pimco Rae Us Fund has three-year annualized returns of 20.6%. As of the end of December 2025, PKAAX held 132 issues, with 4.6% of its assets invested in Cisco Systems.

Pimco Dividend And Income Fund invests most of its net assets in a diversified portfolio of income-producing investments consisting of equity and equity-related securities. PQIZX advisors choose to invest in stocks using PIMCO’s systematic equity income strategy.

Pimco Dividend And Income Fund has three-year annualized returns of 14.7%. PQIZX has an expense ratio of 1.05%.

Pimco Municipal Bond fund seeks high current income by investing most of its net assets in debt securities that are exempt from federal income tax. PMLCX advisors may also invest in U.S. government securities and money market instruments.

Pimco Municipal Bond fund has three-year annualized returns of 3.6%. David Hammer has been the fund manager of PMLCX since August 2015.

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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