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PIMCO Mortgage-Backed Securities A PMRAX

Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.50  /  0.34 %
  • Total Assets 141.7 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 1.520%
  • Distribution Fee Level Above Average
  • 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 5.32%
  • Effective Duration 6.21 years

Morningstar’s Analysis PMRAX

Will PMRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

PIMCO Mortgage-Backed Securities A’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings PMRAX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 846
  • Other Holdings 35
  • % Assets in Top 10 Holdings 67.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

3 Month SOFR Future Mar 24

49.79
65,762,638
Government

Cash Offset

37.26
49,210,691

RFR USD SOFR/4.00000 12/20/23-3Y CME Pay

24.83
32,800,000
Government

10 Year Treasury Note Future Dec 23

21.92
28,950,281
Government

Federal National Mortgage Association 5%

15.00
19,813,828
Securitized

Federal National Mortgage Association 2%

14.59
19,269,508
Securitized

RFRF USD SF+26.161/0.2* 06/16/21-3Y LCH Pay

14.39
19,000,000
Government

Federal National Mortgage Association 6.5%

13.07
17,268,531
Securitized

RFRF USD SF+26.161/1.50 8/04/23-2Y* CME Pay

12.34
16,300,000
Government

RFRF USD SF+26.161/1.40 7/05/23-2Y* CME Pay

8.78
11,600,000
Government