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

8.92
Net Asset Value
-0.11%
1 Day
+3.24%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
3.75
Sales Expenses
1.40%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. 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 also invest up to 10% of its total assets in preferred stocks. The fund will invest in instruments that are economically tied to at least three countries (one of which may be the United States).

Performance

1 month+1.02% 3 years-2.36%
3 months-0.67% 5 years--
1 year-3.10% Since inception-2.82%
Data through --

Peer Comparisonvs. Market neutral

 PWWAXCategory
Performance 5-yr return--+0.97%
Expense ratio1.40%1.66%
Risk 5 year sharpe ratio--0.02
Net assets$688.9M$453.6M
Average market cap--$25.5B
Average P/E--14.7
Portfolio turnover530%530%

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Fund Management and Purchase Info

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

Holdings

Fixed income52.37%
Cash46.43%
Other1.19%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 97.24%
-- 97.18%
-- 51.21%
-- 35.59%
-- 27.34%
-- 25.59%
-- 24.59%
-- 18.58%
-- 13.69%
-- 11.55%

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