Pimco GNMA and Government Securities’ judicious team employs a disciplined, risk-conscious approach. Under our enhanced ratings methodology, its cheapest share classes earn a Morningstar Analyst Rating upgrade to Gold, its most expensive earns a downgrade to Neutral, and the remaining retain a Silver.
PIMCO GNMA and Government Secs C PCGNX
NAV / 1-Day Return
11.39
/
0.09
%
Total Assets
2.1 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.
1.650%
Expense Ratio
1.980%
Fee Level
Above Average
Longest Manager Tenure
8.77
years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
1,000
Status
Open
TTM Yield
0.88%
Effective Duration
1.64
years
Premium
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 PCGNX 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 PCGNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PCGNX 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 PCGNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This government mortgage strategy is having a moment.
