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PIMCO All Asset R PATRX

Analyst rating as of
NAV / 1-Day Return
11.28  /  0.70 %
Total Assets
14.8 Bil
Adj. Expense Ratio
1.565%
Expense Ratio
1.885%
Fee Level
Average
Longest Manager Tenure
18.24 years
Category
US Fund Tactical Allocation
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Status
Open
TTM Yield
3.17%
Turnover
44%
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Morningstar’s Analysis

Will PATRX outperform in future?

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

Very contrarian.

Senior Analyst

Summary

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Pimco All Asset’s subadvisor Research Affiliates employs an unconstrained, systematic, valuation-based process to asset allocation and employs a similar approach for many of its underlying equity and alternative strategies. By tilting toward niche areas and deep-value assets, the fund can exhibit prolonged periods of risk-adjusted underperformance, making it difficult to hold for the long term. We are downgrading its Process rating to Average. With this change, its Morningstar Analyst Rating falls to Neutral across the fund’s share classes.

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