PIMCO Credit Absolute Return Fund Institutional (PCARX)

10.61
Net Asset Value
0.00%
1 Day
+1.05%
Year-to-Date
Overall Morningstar Rating
Nontraditional bond
Style or Category
No Load
Sales Expenses
0.90%
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.

Performance

1 month+0.29% 3 years--
3 months+0.86% 5 years--
1 year+0.76% Since inception+4.47%
Data through --

Peer Comparisonvs. Nontraditional bond

 PCARXCategory
Performance 5-yr return--+6.85%
Expense ratio0.90%1.39%
Risk 5 year sharpe ratio--1.59
Net assets$2.6B$1.7B
Average market cap--$30.7B
Average P/E--16.9
Portfolio turnover226%226%

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 & tenureMark Kiesel / 2 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income141.71%
Other0.39%
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

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.