PIMCO RAE Worldwide Fundamental Advantage PLUS Fund Class A (PWWAX)

9.40
Net Asset Value
-0.11%
1 Day
-1.16%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
3.75
Sales Expenses
1.39%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks total return which exceeds that of its benchmark. The fund seeks to achieve its investment objective under normal circumstances by obtaining exposure to a global equity market neutral portfolio of stocks ("RAE Worldwide Fundamental Advantage Model Portfolio"), and complementing this market neutral portfolio with absolute return bond alpha strategy ("AR Bond Alpha Strategy"). It may invest up to 25% of its total assets in securities and instruments that are economically tied to emerging market countries, but may gain emerging markets exposure beyond this limit through other securities and instruments.

Performance

1 month+0.75% 3 years--
3 months-0.08% 5 years--
1 year-4.16% Since inception-1.61%
Data through --

Peer Comparisonvs. Market neutral

 PWWAXCategory
Performance 5-yr return--+1.09%
Expense ratio1.39%1.75%
Risk 5 year sharpe ratio--0.15
Net assets$1.8B$552.2M
Average market cap--$36.3B
Average P/E--20.3
Portfolio turnover394%394%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyPIMCO
Fund manager & tenureRobert Arnott / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income106.35%
Other0.21%
U.S. stock0.00%
International stock0.00%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account