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PIMCO Credit Absolute Return Fund Institutional (PCARX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long-short credit
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks maximum total return- consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities- which may be represented by forwards or derivatives such as options- futures contracts or swap agreements. It may invest in both investment grade and high yield securities ("junk bonds") subject to a maximum of 50% of its total assets in securities rated below B- by Moody's- or equivalently rated by S&P or Fitch- or- if unrated- determined by PIMCO to be of comparable quality.


1 month+0.82% 3 years+4.28%
3 months+0.92% 5 years+3.04%
1 year+7.14% Since inception+3.87%
Data through --

Peer Comparisonvs. Long-short credit

Performance 5-yr return+3.04%+1.49%
Expense ratio0.91%1.57%
Risk 5 year sharpe ratio0.930.53
Net assets$471.8M$434.0M
Average market cap$48.4B$15.6B
Average P/E19.917.3
Portfolio turnover146%146%

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Fund Management and Purchase Info

Fund familyPimco
Fund manager & tenureMark Kiesel / 6 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


Fixed income37.50%
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
-- 19.49%
-- 17.36%
-- 12.08%
-- 9.29%
-- 8.87%
-- 8.63%
-- 7.97%
-- 6.88%
-- 6.73%
-- 5.82%