Morningstar

PIMCO RealPath Blend 2065 Fund Class A PBLLX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 16.61  /  −2.81 %
  • Total Assets 65.9M
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.500%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Target-Date 2065
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Status Open
  • TTM Yield 2.11%
  • Turnover 28%

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:53 AM GMT+0

Morningstar’s Analysis PBLLX

Will PBLLX outperform in the 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 PBLLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A leadership transition tests this series’ strong framework.

Senior Analyst David Reyna

David Reyna

Senior Analyst

Summary

Lead portfolio manager Erin Browne’s departure in May 2026 lowers conviction in Pimco RealPath Blend target-date series, resulting in a People Pillar downgrade to Above Average from High. The series retains an experienced bench of managers and a strong open-architecture approach that combines low-cost passive equity with Pimco’s active fixed-income lineup, which should continue to serve investors well.

by David Reyna
Rated on Published on

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Portfolio Holdings PBLLX

More PBLLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 97.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard Institutional Index I

50.39 27M
—

Vanguard Developed Markets Index Instl

25.61 14M
—

Vanguard Emerging Mkts Stock Idx Instl

10.78 6M
—

Vanguard Small Cap Index Admiral Shares

5.48 3M
—

Pimco Fds

4.00 2M
Cash and Equivalents

FNRETR TRS EQUITY SOFR+52 MYI

1.52 830,319
—

PIMCO Real Return Instl

1.06 577,821
—

PIMCO Total Return Instl

0.84 456,893
—

PIMCO Emerging Mkts Lcl Ccy and Bd Instl

0.64 349,829
—

FNRETR TRS EQUITY SOFR+69 JPM

0.64 348,198
—

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