PIMCO Credit Absolute Return Fund Institutional (PCARX)

Net Asset Value
1 Day
Overall Morningstar Rating
Nontraditional bond
Style or Category
No Load
Sales Expenses
Expense Ratio
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- Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.


1 month-0.10% 3 years+3.48%
3 months-1.03% 5 years--
1 year+1.62% Since inception+3.65%
Data through --

Peer Comparisonvs. Nontraditional bond

Performance 5-yr return--+3.38%
Expense ratio0.90%1.39%
Risk 5 year sharpe ratio--1.01
Net assets$1.2B$1.4B
Average market cap$14.3B$26.8B
Average P/E22.715.3
Portfolio turnover318%318%

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Fund Management and Purchase Info

Fund familyPIMCO
Fund manager & tenureMark Kiesel / 3 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


Fixed income57.21%
U.S. stock1.24%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Irs Usd 2.000 06/18/14-5y Cme23.85%
-- Irs Aud 3.250 09/21/16-1y (Grn) Cme13.18%
-- 5 Year US Treasury Note Future Dec1411.81%
-- 10 Year US Treasury Note Future Dec149.76%
-- Irs Usd 2.700 07/18/14-10y Cme3.91%
-- US Treasury Note 2.25%3.06%
-- Irs Usd 3.000 06/20/18-5y Cme1.95%
-- Irs Eur 0.400 03/14/14-1y (Wht) Cme1.84%
-- Irs Jpy 1.000 09/18/13-10y Cme1.78%
-- Irs Gbp 2.750 03/18/15-10y Cme1.61%

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