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Morningstar

PIMCO Mortgage-Backed Securities I2 PMRPX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.38  /  +0.26 %
  • Total Assets 141.6 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 1.220%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.59%
  • Effective Duration 5.71 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 12:10 AM GMT+0

Morningstar’s Analysis PMRPX

Will PMRPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PMRPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMRPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PMRPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

PIMCO Mortgage-Backed Securities I2’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings PMRPX

More PMRPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

3 Month SOFR Future Mar 24

62.67 90.3 Mil
Government

10 Year Treasury Note Future Mar 24

22.89 33.0 Mil
Government

RFR USD SOFR/4.00000 12/20/23-3Y CME Pay

22.77 32.8 Mil
Government

Federal National Mortgage Association 6.5%

20.78 29.9 Mil
Securitized

RFRF USD SF+26.161/0.2* 06/16/21-3Y LCH Pay

13.19 19.0 Mil
Government

Federal National Mortgage Association 2%

12.34 17.8 Mil
Securitized

RFRF USD SF+26.161/1.50 8/04/23-2Y* CME Pay

11.32 16.3 Mil
Government

Federal National Mortgage Association 5%

9.97 14.4 Mil
Securitized

RFRF USD SF+26.161/1.40 7/05/23-2Y* CME Pay

8.05 11.6 Mil
Government

Federal National Mortgage Association 5.5%

8.03 11.6 Mil
Securitized