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PIMCO Total Return Admin PTRAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See PIMCO Investment Hub

Morningstar’s Analysis PTRAX

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

  • People Pillar

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

Despite some recent changes, fundamental strengths remain.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Pimco Total Return’s standout team and vast resources remain among the best in the business, but recent process enhancements introduce some uncertainty. In recognition of this, the fund’s Process Pillar rating has been downgraded to Above Average from High, while its People Pillar rating remains at High.

by Mike Mulach
Rated on Published on

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