Morningstar

PIMCO Commodity and Real Return Bond Alpha Fund Class I-2 PCRPX

Medalist Rating as of Apr 27, 2026 See PIMCO Investment Hub

Strategy

The investment seeks maximum real return, consistent with prudent investment management. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a combination of commodity instruments and Fixed Income Instrument investments. It invests in commodity-linked derivative instruments, including swap agreements, futures, options on futures, commodity index-linked notes and commodity options that provide exposure to the investment returns of the commodities markets, without investing directly in physical commodities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PCRIX	PIMCO Commodity and Real Return Bond Alpha Fund Institutional Class	Institutional	Open			Jun 28, 2002	$2.38B	0.740%	Below Average	$1M	−$106.76M
PCRRX	PIMCO Commodity and Real Return Bond Alpha Fund Administrative Class	Institutional	Open			Feb 14, 2003	$154.83M	0.990%	Above Average	$1M	−$16.93M
PCRPX	PIMCO Commodity and Real Return Bond Alpha Fund Class I-2	Institutional	Open			Apr 30, 2008	$1.58B	0.840%	Average	$1M	$119.65M
PCRNX	PIMCO Commodity and Real Return Bond Alpha Fund Class I-3	Institutional	Open			Apr 27, 2018	$57.73M	0.890%	Above Average	$1M	−$3.32M
PCRAX	PIMCO Commodity and Real Return Bond Alpha Fund Class A	Front Load	Open			Nov 29, 2002	$256.99M	1.140%	Average	$1,000	−$15.17M
PCRCX	PIMCO Commodity and Real Return Bond Alpha Fund Class C	Level Load	Open			Nov 29, 2002	$25.06M	1.890%	Average	$1,000	−$7.34M
PCSRX	PIMCO Commodity and Real Return Bond Alpha Fund Class R	Retirement, Medium	Open			Mar 12, 2010	$38.67M	1.390%	Average	$0	−$866,715.35

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