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Morningstar

PIMCO Real Return Admin PARRX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.67  /  0.19 %
  • Total Assets 8.9 Bil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.920%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Inflation-Protected Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.79%
  • Effective Duration 6.23 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 AM GMT+0

Morningstar’s Analysis PARRX

Will PARRX 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 PARRX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PARRX 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 PARRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still one of the best.

Senior Analyst Peter Marchese

Peter Marchese

Senior Analyst

Summary

Pimco Real Return's resources still stand out compared to its peer group. With four seasoned managers, who draw on Pimco’s investment committee for macro guidance, and sector specialty teams for security selection recommendations, the fund’s cheaper institutional shares merit Morningstar Analyst Ratings of Silver and Bronze, while the rest are rated Neutral.

by Peter Marchese
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PARRX

More PARRX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 772
  • Other Holdings 146
  • % Assets in Top 10 Holdings −20.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

9.79
921,428,576
—

EUROPEAN MONETARY UNION EURO Purchased

8.62
811,773,384
Derivative

IRS EUR 3.00000 09/20/23-10Y LCH Receive

4.64
437,161,598
Government

RFR USD SOFR/4.25000 12/20/23-2Y LCH Pay

4.29
403,500,000
Government

United States Treasury Notes 0.125%

4.08
383,952,116
Government

United States Treasury Notes 0.5%

3.90
366,881,156
Government

IRS EUR -0.52600 11/21/22-1Y (WHT) LCH Receive

3.87
364,768,781
Government

Fin Fut Us Ultra 10Yr Cbt 09/20/23

3.56
335,302,805
Government

United States Treasury Notes 0.125%

3.52
331,457,885
Government

TRS R 5.24/91282CCM1 MYC

3.52
330,950,067
—