Morningstar

PIMCO RealPath Blend Income Fund Institutional Class PBRNX

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  • NAV / 1-Day Return$12.45  /  −0.72%
  • Fund Size$533.4M
  • Adjusted Expense Ratio0.340%
  • Net Expense Ratio0.040%
  • Fee Level: DistributionBelow Average
  • Share Class TypeInstitutional
  • Morningstar CategoryTarget-Date Retirement
  • Equity Style Box (Funds)Large Blend
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Investment StatusOpen
  • TTM Yield5.74%
  • Turnover Ratio32%
NAV and 1-Day Return as of

Morningstar’s Analysis PBRNX

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

  • People Pillar

    The People Pillar is our evaluation of the PBRNX 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 PBRNX’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 PBRNX

More PBRNX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings94.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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