PIMCO Gets Back to Business
While everyone has been focused on outflows, the firm has been quietly posting strong performance numbers across its flagship funds.
This analyst blog is part of our coverage of the 2015 Morningstar Investment Conference.
While news surrounding PIMCO the past nine months has been more about asset outflows than anything else, they have quietly been posting strong performance numbers across their flagship funds, such as PIMCO Income (PIMIX). For example, PIMCO Income is in the top 6% of multisector-bond funds year to date through May 2015.
Thomas Boccellari does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.