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Morningstar

PIMCO Commodity Real Ret Strat A PCRAX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 12.58  /  0.64 %
  • Total Assets 5.6 Bil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.440%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Commodities Broad Basket
  • Investment Style —
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Status Open
  • TTM Yield 15.50%
  • Turnover 77%

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 1:37 AM GMT+0

Morningstar’s Analysis PCRAX

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

People Pillar

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

Experienced and disciplined.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

Recent changes to the leadership roster don't dull our view of Pimco Commodity Real Return strategy, which continues to benefit from robust resources and a disciplined approach to a diversified commodities offering. The cheapest share classes receive a Morningstar Analyst Rating of Silver, and the more expensive share classes receive a Bronze rating.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings PCRAX

More PCRAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 566
  • Other Holdings 279
  • % Assets in Top 10 Holdings 2.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.125%

14.26
807,118,190
Government

5 Year Treasury Note Future Dec 23

10.34
585,602,657
Government

United States Treasury Notes 0.125%

8.53
483,200,091
Government

EUROPEAN MONETARY UNION EURO Purchased

7.93
448,962,486
Derivative

Pimco Cayman Cmdty Fd Ltd Instl

7.50
424,552,116
—

IRS EUR 3.00000 03/20/24-10Y LCH Receive

7.06
399,638,985
Government

United States Treasury Notes 0.5%

6.95
393,462,145
Government

TRS R 5.49/91282CDC2 BPS

6.82
386,010,091
—

RFR USD SOFR/4.25000 12/20/23-2Y LCH Pay

6.70
379,500,000
Government

Ultra 10 Year US Treasury Note Future Dec 23

6.14
347,827,516
Government