Total Return ESG Fund

PTSAX

Updated December 07, 2018

Objective

Seeks maximum total return, consistent with preservation of capital and prudent investment management

Primary Portfolio

Intermediate-term fixed income securities with a concentration on socially conscious companies

Overview

Fund Overview

Anchor your portfolio with a solid, socially-conscious core

PIMCO’s Total Return family of funds has focused on maximizing total return potential while protecting principal. That emphasis has helped the fund deliver attractive returns through the ups and downs of bond market cycles since 1991. Total Return ESG, built on the Total Return foundation, uses environmental-, social-, and governance-related (ESG) criteria to choose securities that comprise the fund and to proactively engage with issuers to realize ESG-related objectives.

Why Invest In This Fund

Quality, diversification, flexibility

As a true core bond holding, the fund emphasizes higher quality, intermediate-term bonds and aims to avoid concentrated risk exposure through global diversification. It also has considerable flexibility to respond to changing economic conditions to help manage overall risk and increase total return potential. This flexible, risk-focused approach has helped the fund deliver attractive returns across varying market and interest rate environments.

Investing for sustainability and impact as well as returns

The fund seeks to influence positive change while using its time-tested investment process to deliver strong, long-term performance. PIMCO’s approach to sustainable investing integrates dedicated ESG research with a robust credit research process to identify relative value opportunities while optimizing the portfolio using ESG-based criteria. This approach also seeks to actively engage with issuers with the goal of improving their ESG-related business practices.

A risk-focused approach

Unlike funds that simply seek the highest yield, the fund aims to provide investors with a combination of income and capital appreciation potential. It is guided by a forward-looking, risk-focused philosophy that aims to identify risk early while also being positioned to capture attractive returns.

Our Expertise

The fund’s expert portfolio management team - Scott Mather, CIO U.S. Core Strategies, Mike Amey, head of PIMCO’s ESG strategies, Mark Kiesel, CIO Global Credit, and Mihir Worah, CIO Real Return and Asset Allocation - is supported by the full spectrum of PIMCO’s global resources and four decades of active bond management experience.

PRIMARY BENCHMARK

Bloomberg Barclays U.S. Aggregate Index

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays U.S. Aggregate Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

Monthly with Daily Accrual

SHARE CLASS INCEPTION

05/01/1991

CUSIP

693390866

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Managers

Scott A. Mather

CIO U.S. Core Strategies

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Mike Amey

Head of Sterling Portfolio Management and ESG Strategies

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Mark R. Kiesel

CIO Global Credit

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Mihir P. Worah

CIO Asset Allocation and Real Return

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Yields & Distributions