Pimco All Asset All Authority’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. Relative to Pimco All Asset, this fund uses leverage and can take a short position in the S&P 500, which results in even more pronounced tilts in niche and deep-value assets, and higher volatility. We are maintaining our Morningstar Analyst Rating of Neutral across all share classes.
PIMCO All Asset All Authority C PAUCX
NAV / 1-Day Return
8.12
/
0.98
%
Total Assets
2.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
2.440%
Expense Ratio
4.190%
Fee Level
Average
Longest Manager Tenure
17.09
years
Category
US Fund Tactical Allocation
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
2.17%
Turnover
45%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PAUCX 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 PAUCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PAUCX 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 PAUCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
More contrarian than Pimco All Asset.
