Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
PIMCO Mortgage-Backed Securities A PMRAX
- NAV / 1-Day Return 8.61 / +0.51 %
- Total Assets 138.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.520%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.37%
- Effective Duration 5.20 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PMRAX
Will PMRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 65.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month SOFR Future Mar 24 | 63.12 | 89.9 Mil | Government |
RFR USD SOFR/4.00000 12/20/23-3Y CME Pay | 23.02 | 32.8 Mil | Government |
10 Year Treasury Note Future June 24 | 22.78 | 32.5 Mil | Government |
Federal National Mortgage Association 6.5% | 20.23 | 28.8 Mil | Securitized |
RFR USD SOFR/4.10000 02/05/24-1Y LCH Pay | 14.74 | 21.0 Mil | Government |
RFR USD SOFR/4.60000 02/05/24-1Y LCH Receive | 14.67 | 20.9 Mil | Government |
RFR USD SOFR/4.60000 02/06/24-1Y LCH Pay | 14.04 | 20.0 Mil | Government |
Federal National Mortgage Association 2% | 13.76 | 19.6 Mil | Securitized |
RFRF USD SF+26.161/0.2* 06/16/21-3Y LCH Pay | 13.33 | 19.0 Mil | Government |
RFRF USD SF+26.161/1.50 8/04/23-2Y* CME Pay | 11.44 | 16.3 Mil | Government |