Morningstar

PIMCO Inflation Response Multi-Asset Fund Class I-3 PFRMX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$8.57  /  −0.58%
  • Fund Size$2.0B
  • Adjusted Expense Ratio0.840%
  • Net Expense Ratio2.210%
  • Fee Level: DistributionAbove Average
  • Share Class TypeInstitutional
  • Morningstar CategoryGlobal Conservative Allocation
  • Equity Style Box (Funds)Mid Blend
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Investment StatusOpen
  • TTM Yield14.01%
  • Turnover Ratio255%
NAV and 1-Day Return as of

Morningstar’s Analysis PFRMX

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

  • People Pillar

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

An impressive team with a nuanced approach to inflation-sensitive returns.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

The team behind Pimco Inflation Response Multi-Asset continues to impress with its considerable experience and resources, despite some changes. Management consistently applies a thorough, hands-on approach to inflation-sensitive total returns.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings PFRMX

More PFRMX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings39.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pimco Cayman Commodity Fund Vii Ltd

30.93669M
—

3 Month SOFR Future Dec 26

20.11435M
Government

RFR USD SOFR/3.32500 07/06/26-4Y* LCH Receive

10.62230M
Government

EUROPEAN MONETARY UNION EURO Purchased

8.97194M
Derivative

Federal National Mortgage Association 4.5%

6.89149M
Securitized

IRS EUR 2.75000 09/16/26-10Y LCH Receive

6.77146M
Government

PIMCO Em Mkts Ccy and S/T Invsmt Instl

6.45140M
—

Long-Term Euro BTP Future Sept 26

6.31137M
Government

RFR USD SOFR/4.00000 09/30/26-9Y* LCH Receive

6.21134M
Government

Federal National Mortgage Association 4.5%

5.75124M
Securitized

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