Pimco Investment Grade Credit Bond benefits from the skill of its veteran lead manager, the support of an impressive group of corporate bond managers and analysts, and a versatile process that draws on the firm's robust macroeconomic and fundamental research. Its cheapest share classes earn a Morningstar Analyst Rating of Silver, while its more expensive ones are rated Bronze or Neutral.
PIMCO Investment Grade Credit Bond Adm PGCAX
NAV / 1-Day Return
11.10
/
0.28
%
Total Assets
19.2 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.
0.750%
Expense Ratio
1.100%
Fee Level
High
Longest Manager Tenure
18.66
years
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
1,000,000
Status
Open
TTM Yield
3.08%
Effective Duration
7.86
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 PGCAX 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 PGCAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PGCAX 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 PGCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This corporate-bond strategy will see better days ahead.
