Total Return Fund IV

PTUIX

Updated July 02, 2020

Objective

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

Primary Portfolio

Intermediate-term, investment grade bonds

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Overview

Fund Overview

Anchor your portfolio with a solid core

Similar to the Total Return Strategy, which launched in 1987, the fund aims to provide investors with a combination of income, capital appreciation and preservation potential.

Why Invest In This Fund

Quality, diversification, flexibility

The fund emphasizes higher quality, intermediate-term bonds and aims to avoid concentrated risk exposure by being globally diversified. While it can invest in a broad array of sectors and instruments, it does comply with certain limits on interest rate exposure, credit risk and derivative usage.

Strong long-term returns

Since inception, the fund has helped anchor investors’ portfolios as a true core bond holding. Its flexibility and risk-focused approach have helped it deliver positive returns across varying market and interest rate environments.

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, Mark Kiesel, CIO Global Credit and Mohit Mittal, managing director and senior member of the credit portfolio management team – is supported by the full spectrum of PIMCO’s global resources and nearly five 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

05/26/2011

CUSIP

72201W717

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Managers

Mohit Mittal began managing the fund on 10 December 2019.

Scott A. Mather

CIO U.S. Core Strategies

View Profile for Scott A. Mather

Mark R. Kiesel

CIO Global Credit

View Profile for Mark R. Kiesel

Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

View Profile for Mohit Mittal

Yields & Distributions