For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. PIMCO Active Bond ETF BOND Morningstar Analyst Rating Analyst rating as of Aug 12, 2020. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. High performance is defined as a significant increase in either 1) a fund’s total return in excess of that of the fund’s benchmark between reporting periods or 2) a fund’s total return in excess of the fund’s historical returns between reporting periods. A new or smaller Fund’s performance may not represent how the Fund is expected to or may perform in the long-term. None of the information on this page is directed at any investor or category of investors. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, the modification by alpha dispersion is not used. The data that can be found in each tab includes historical performance, the different fees in each fund, the initial investment required, asset allocation, manager information, and much more. Based on risk-adjusted returns as of 11/30/2020, Read Morningstar’s recent review of the PIMCO Total Return Fund. High Growth The two high-growth funds offer a cautionary tale. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that a fund will deliver a weighted pillar score above a predetermined threshold within its peer group. "Core bond funds… 4 Stars (543 funds rated); 5 Yrs. Bloomberg Barclays U.S. International Bond Fund (U.S. Dollar-Hedged), LDUR - Enhanced Low Duration Active Exchange-Traded Fund, MINT - Enhanced Short Maturity Active Exchange-Traded Fund, MFEM - RAFI Dynamic Multi-Factor Emerging Markets Equity ETF, MFDX - RAFI Dynamic Multi-Factor International Equity ETF, MFUS - RAFI Dynamic Multi-Factor U.S. Equity ETF, Targeted Municipal Ladder Managed Account, Gurtin Municipal Extended Value Managed Account, Gurtin Municipal Intermediate Value Managed Account, Gurtin Municipal Stability Managed Account, EMNT - Enhanced Short Maturity Active ESG Exchange-Traded Fund, PIMCO LLC CRS (Client Relationship Summary), PIMCO Investments CRS (Customer Relationship Summary). Bond investments may be worth more or less than the original cost when redeemed. Explore PIMCO’s wide range of tax-advantaged strategies, Timely insights on global markets and macroeconomics. BOND | A complete PIMCO Active Bond ETF exchange traded fund overview by MarketWatch. Information regarding responsible practices is obtained through voluntary or third-party reporting, which may not be accurate or complete, and PIMCO is dependent on such information to evaluate a company’s commitment to, or implementation of, responsible practices. The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause the Manager Research Group’s expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund. Investments made by a Fund and the results achieved by a Fund are not expected to be the same as those made by any other PIMCO-advised Fund, including those with a similar name, investment objective or policies. ©2020 PIMCO. For passive funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that a fund will be able to deliver a higher alpha net of fees than the lesser of the relevant Morningstar category median or 0. 3 Stars (543 funds rated); 5 Yrs. All Rights Reserved. The fund has the ability to broadly diversify across industries, issuers and regions of the corporate bond sector and can seek to add value through investments in high quality U.S. government bonds, mortgages and foreign bonds… No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. New Funds have limited operating histories for investors to evaluate and new and smaller Funds may not attract sufficient assets to achieve investment and trading efficiencies. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. Bond Index also is one of the best bond funds for investors pinching pennies. Investing in derivatives could lose more than the amount invested. Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED. Learn how we've helped investors around the world navigate decades of market change. Source: SIMFA https://www.sifma.org/resources/research/fact-book/ as of 12/31/18. Source: PIMCO, Bloomberg. This and other information are contained in the fund’s prospectus and summary prospectus, if available, which may be obtained by contacting your investment professional or PIMCO representative or by visiting www.pimco.com. FXNAX, which can be productive in almost any economic and interest-rate environment, charges a … All Rights Reserved. The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. The index covers the U.S. investment grade fixed-rate bond market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. Past performance is not a guarantee or a reliable indicator of future results. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. Guided by PIMCO’s global perspective and on-the-ground insights into country fundamentals, the Fund targets a portfolio of primarily investment grade bonds from around the developed world, making this … Additionally, they can cover international and domestic bonds. For both active and passive strategies, performance has no explicit weight as it is incorporated into the analysis of people and process; price at the share-class level (where applicable) is directly subtracted from an expected gross alpha estimate derived from the analysis of the other pillars. The company traded as high as $97.91 … ©2020 PIMCO. PIMCO Total Return Fund has a history of actively pursuing these benefits. PIMCO Investments LLC, distributor, 1633 Broadway, New York, NY 10019, is a company of PIMCO. The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. The Morningstar Analyst Rating™ is not a credit or risk rating. This material contains the current opinions of the manager and such opinions are subject to change without notice. Past performance is not a guarantee or a reliable indicator of future performance. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. PIMCO and PIMCO Investments is solely responsible for its content. Overall Morningstar Rating™ among 543 funds. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. This material contains the current opinions of the manager and such opinions are subject to change without notice. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of PIMCO nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. Pimco Active Bond ETF blends the firm's well-known investment acumen with more-obscure specialties to provide a risk-conscious income-focused strategy. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Additionally, PIMCO … PIMCO Investments is the distributor of PIMCO investment products, and any PIMCO Content relating to those investment products is the sole responsibility of PIMCO Investments. PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Overview. The value of most bonds and bond strategies are impacted by changes in interest rates. Learn more about mutual funds at fidelity.com. Aggregate Index represents securities that are SEC-registered, taxable and dollar-denominated. Simple, effective digital platform that helps gain the edge you and your clients deserve. The performance figures presented reflect the total return performance for the Institutional Class shares (after fees) and reflect changes in share price and reinvestment of dividend and capital gain distributions. 192083 Eingetragener Firmensitz LEI: 549300KW6332H0XL8X85, TEL: +1 212-776-1500 FAX: +1 212-776-1520, TEL: +55 (11) 3957-3300 FAX: +55 (11) 3957-3320, Registration No. A multisector bond fund floats between sectors to capitalize on the best opportunities. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. Assets under management: $5.2 billion. 199804652K LEI: 549300JX6BNKEHZFQE44, TEL: (858) 436-2200 FAX: (858) 436-2201, TEL: 612-9279-1771 FAX: 612-9279-2580, ABN 54 084 280 508 AFS Licence 246862 LEI: 549300RE60KX7TX1DZ43, TEL: 813-5777-8150 FAX: 813-5777-8151, TEL: +1 416 368 3350 FAX: +1 416 368 3576, Registered in Switzerland, Company No. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. It earns a Morningstar … 68.69% of … There is no assurance that the socially responsible investing strategy and techniques employed will be successful. Please read them carefully before you invest or send money. While many investors are familiar with government bonds, such as U.S. Treasuries, fixed income is an immense asset class that spans the risk-reward spectrum. Pacific Investment Management Company LLC, Shareholder Services TEL: 800-927-4648 6AM - 4PM PST, Gurtin Municipal Bond Management, a PIMCO Company, TEL: (858) 436-2200 FAX: (858) 436-2201, TEL: +44 (0) 20 3640 1000 FAX: +44 (0) 20 3640 1007, Shareholder services TEL: +44 (0) 20 3640 1407 9AM to 5PM, Registered in UK and Wales, Company No. For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx. Past performance is no guarantee of future results. Explore insights and resources to help you learn more about the possibilities of fixed income. The impact of the weighted pillar scores for people, process and parent on the final Analyst Rating is further modified by a measure of the dispersion of historical alphas among relevant peers. PTTRX Total Return Fund Simple, practical responses to some of the most commonly asked questions about bonds. 3 Stars (379 funds rated); 5 Yrs. SEC yield: 1.7% … 3 Stars (338 funds rated). Historically, bonds have offered greater stability than riskier investments such as stocks. Investors should consult their investment professional prior to making an investment decision. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS)’s share price shot up 0% on Wednesday . For nearly 50 years, PIMCO has navigated shifting market conditions to become the global fixed income leader we are today. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Explore how bonds can help your clients diversify their portfolios and mitigate the potential impact of market volatility. Core Strategies, discusses performance differences amid core bond funds, and how a focus on quality, liquidity and diversification has helped PIMCO Total Return provide portfolio ballast in this crisis. The PIMCO Total Return Fund II was rated against the following numbers of Intermediate Core Bond funds over the following time periods: Overall 4 Stars (379 funds rated); 3 Yrs. The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. 4 Stars (333 funds rated). PIMCO and PIMCO Investments is solely responsible for its content. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. 5 Stars (330 funds rated); 10 Yrs. Bond investments may be worth more or less than the original cost when redeemed. Gurtin Municipal Bond Management, a PIMCO Company 444 W. Lake Street, Suite 2333 Chicago, IL 60606 444 W Lake St #2333. Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED. TEL: (858) 436-2200 FAX: (858) 436-2201 The Pool offers access to … Check the background of this firm on FINRA's BrokerCheck. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Pacific Investment Management Company, better known as PIMCO, is one of the largest investment management firms in the world, with more than $1.2 trillion in assets under management. For skilled active managers, this universe represents a world of possibilities for pursuing return potential. Share this experience with your Financial Advisor. Total Return Fund has outperformed its benchmark for over 90% of rolling 3-year periods net of fees since inception. Investment return and the principal value of an investment will fluctuate. PIMCO Total Return Fund is a diversified portfolio of high-quality bonds that is actively managed to seek maximized total return while preserving principal. CH-020.4.038.582-2 LEI: 549300GHCCJWKY72R127. For performance current to the most recent month-end, visit www.pimco.com or call (888) 87-PIMCO. Socially responsible norms differ by region. It is not possible to invest directly in an index. The value of most bonds and bond strategies are impacted by changes in interest rates. Our process has helped millions of investors pursue returns and manage risks over meaningful timeframes. Check the background of this firm on FINRA's BrokerCheck. A word about risk: Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. PIMCO Climate Bond Fund seeks to be a global climate action leader in fixed income, giving special investment consideration to long-term climate risks and opportunities, consistent with prudent … To find out detailed information on PIMCO Bond in the U.S., click the tabs in the table below. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. As of 30 June 2020. All periods longer than one year are annualized. All rights reserved. Subscribe now to receive PIMCO’s core bond insights, including blog posts, videos, webcasts and charts. The level of the rating relates to the level of expected positive net alpha relative to Morningstar category peers for active funds. The information contained herein: (1) is proprietary to Morningstar (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. … Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Connect with your Financial Advisor to explore investing with PIMCO. PHK | A complete PIMCO High Income Fund mutual fund overview by MarketWatch. Colonial FirstChoice - PIMCO Wholesale Austrailian Bond. PIMCO Bond. The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The Adjusted Expense Ratio excludes certain investment expenses, such as interest expense from borrowings and repurchase agreements and dividend expense from investments on short sales, incurred directly by the Fund or indirectly through the Fund’s investments in underlying PIMCO Funds (if applicable), none of which are paid to PIMCO. If you are an individual retirement investor, contact your financial advisor or other fiduciary unrelated to PIMCO about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. For passive strategies, process receives an 80% weighting, while people and parent each receive a 10% weighting. Fidelity U.S. You have not saved any content. A word about risk: All investments contain risk and may lose value. Source: Morningstar Direct. Analyst Ratings ultimately reflect the Manager Research Group’s overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of PIMCO nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. In general, the calculation will incorporate the yield based on the notional value of all derivative instruments held by a Fund… The PIMCO Total Return ESG Fund was rated against the following numbers of Intermediate Core-Plus Bond funds over the following time periods: Overall 3 Stars (543 funds rated); 3 Yrs. 3 Stars (252 funds rated). 89% of active core bond funds outperform their benchmark – one reason we're passionate about an active fixed income approach. The Pimco Income Fund Class A falls within Morningstar’s multisector bond category. The PIMCO Managed Core Bond Pool follows PIMCO’s forward-looking investment process to balance the trade-offs offered by today’s market. Find out more at Eureka Report All data as of 30 June 2020. 2604517 LEI: 549300GHCCJWKY72R127, TEL: +39 02 9475 5400 FAX: +39 02 9475 5402, Iscritta al Registro delle Imprese in Italia al n. 10005170963 LEI: 549300GHCCJWKY72R127, TEL: +49 89 26209 6000 FAX: +49 89 26209 6005, Registriert in Deutschland, Firmennr. Diversification does not ensure against loss. View the latest ETF prices and news for better ETF investing. Pacific Investment Management Company LLC, 650 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. He decamped in 2014, and joined Janus Henderson to manage a global macro bond fund … Pimco Income is designed to deliver a steady income stream. See PIMCO Investment Grade Credit Bond Fund (PBDAX) mutual fund ratings from all the top fund analysts in one place. PIMCO Investments is the distributor of PIMCO investment products, and any PIMCO Content relating to those investment products is the sole responsibility of PIMCO Investments. PIMCO is uniquely qualified to respond to recent changes in the municipal bond market, with an extensive network of credit research capabilities to address concerns about creditworthiness, which is critical to municipal bond investing. Now more than ever, bonds may offer important benefits to help you stay on track with your long-term goals. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market’s perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. Performance quoted represents past performance. TEL: (858) 436-2200 FAX: (858) 436-2201 The PIMCO Total Return Fund was rated against the following numbers of Intermediate Core-Plus Bond funds over the following time periods: Overall 3 Stars (543 funds rated); 3 Yrs. See PIMCO Investment Grade Credit Bond Fund performance, holdings, fees, … PIMCO Funds PIMCO is a company that sells mutual funds with $418,863M in assets under management. PIMCO Investments LLC (“PIMCO Investments”) is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (“FINRA”). At over $100 trillion1, the vast global bond market offers your clients a range of opportunities to pursue attractive income and total return potential, depending on their tolerance for risk. PIMCO Investments LLC (“PIMCO Investments”) is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (“FINRA”). Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. Analyze the Fund PIMCO International Bond Fund (U.S. Dollar-Hedged) Class A having Symbol PFOAX for type mutual-funds and perform research on other mutual funds. Based on risk-adjusted returns as of 11/30/2020, Overall Morningstar Rating™ among 379 funds. Investors look to core bonds for three primary reasons: diversification, capital preservation and attractive performance. View mutual fund news, mutual fund market and mutual fund interest rates. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. There is no assurance that any fund, including any fund that has experienced high or unusual performance for one or more periods, will experience similar levels of performance in the future. Why bonds? The bonds can be of various duration lengths, credit quality or type. The PIMCO Total Return Fund IV was rated against the following numbers of Intermediate Core Bond funds over the following time periods: Overall 4 Stars (379 funds rated); 3 Yrs. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Finding opportunities to enhance yield while managing the growing credit risk aren't possible for passive - but are critical for investors in today's markets. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Fund Overview. PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Scott Mather, CIO U.S. The minimum initial investment for Institutional, I-2, I-3 and Administrative class shares is $1 million; however, it may be modified for certain financial intermediaries who submit trades on behalf of eligible investors. Morningstar Rating™ as of 30 November 2020 for the institutional share class; other classes may have different performance characteristics. If you are an individual retirement investor, contact your financial advisor or other fiduciary unrelated to PIMCO about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. They consider quantitative and qualitative factors in their research. There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. Copyright PIMCO 2020. The funds will actually hold the bonds … 3 Stars (456 funds rated); 10 Yrs. Aggregate Index. A rating is not a recommendation to buy, sell or hold a fund. Differences in the Fund’s performance versus the index and related attribution information with respect to particular categories of securities or individual positions may be attributable, in part, to differences in the pricing methodologies used by the Fund and the index. In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Access PIMCO's industry leading market insights and resources. Gross Expense Ratio: 0.71%. Unusual performance is defined as a significant change in a fund’s performance as compared to one or more previous reporting periods. Despite Pimco Total Return's () excellent performance, which resulted in the fund boosting its capital base by 44% during … 3 Stars (456 funds rated); 10 Yrs. PIMCO Total Return Fund is a diversified portfolio of high-quality bonds that is actively managed to seek maximized total return while preserving principal. Pacific Investment Management Company LLC (“PIMCO”) is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Find the latest PIMCO Active Bond Exchange-Trad (BOND) stock quote, history, news and other vital information to help you with your stock trading and investing. Learn more about this managed fund including fund information, strategy, asset allocation & performance. Current performance may be lower or higher than performance shown. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. Benchmark: Bloomberg Barclays U.S. Learn how PIMCO, a global leader in actively managed bond funds, pursues steady income, keeps risk in check and taps into growth for you. Shares may be worth more or less than original cost when redeemed. PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Copyright PIMCO 2020. Gross cofounded PIMCO, an investment management firm, in 1971 and became known as a superstar bond fund manager. A Fund may be forced to sell a comparatively large portion of its portfolio to meet significant shareholder redemptions for cash, or hold a comparatively large portion of its portfolio in cash due to significant share purchases for cash, in each case when the Fund otherwise would not seek to do so, which may adversely affect performance. iShares Core Total USD Bond Market ETF. 89% of active core bond funds outperform their benchmark – one reason we're passionate about an active fixed income approach. Reaffirmed GOLD >. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Gurtin Municipal Bond Management, a PIMCO Company 444 W. Lake Street, Suite 2333 Chicago, IL 60606 444 W Lake St #2333. Earning income is an important goal for many investors, and they have often relied on bonds to help them achieve it. For active funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that an active fund will be able to deliver positive alpha net of fees relative to the standard benchmark index assigned to the Morningstar category. Above benchmark performance over a 5-year period (after fees).*. Learn what a global leader in active fixed income, Bonds You Can Build On Bonds You Can Build On, PIMCO LLC CRS (Client Relationship Summary), PIMCO Investments CRS (Customer Relationship Summary). Adjusted Expense Ratio: 0.46%.