Morningstar

PIMCO Inflation Response Multi-Asset Fund Institutional PIRMX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.63  /  0.00
  • Total Assets 2.1B
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 2.060%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Global Conservative Allocation
  • Investment Style Mid Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 14.28%
  • Turnover 255%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PIRMX

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

  • People Pillar

    The People Pillar is our evaluation of the PIRMX 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 PIRMX’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 PIRMX

More PIRMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pimco Cayman Commodity Fund Vii Ltd

30.93 669M
—

3 Month SOFR Future Dec 26

20.11 435M
Government

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

10.62 230M
Government

EUROPEAN MONETARY UNION EURO Purchased

8.97 194M
Derivative

Federal National Mortgage Association 4.5%

6.89 149M
Securitized

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

6.77 146M
Government

PIMCO Em Mkts Ccy and S/T Invsmt Instl

6.45 140M
—

Long-Term Euro BTP Future Sept 26

6.31 137M
Government

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

6.21 134M
Government

Federal National Mortgage Association 4.5%

5.75 124M
Securitized

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