Total Return Fund

PTTRX

Updated April 03, 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

30+ years delivering the key benefits of core bonds

Backed by the breadth and depth of PIMCO’s global resources and actively managed with a risk-focused approach by three industry-renowned portfolio managers, PIMCO Total Return Fund is a true core bond holding made up of high-quality, intermediate-term bonds that can serve as a portfolio anchor no matter which way the markets move.

Why Invest In This Fund

Strong portfolio diversification potential

Emphasizing higher-quality, intermediate-term bonds that are selected across sectors and geographies in order to avoid concentration risk, particularly with respect to credit, the fund is designed to perform well when equity markets, which often move in lock-step with credit, are weak.

Impressive total return track record

Over 30+ years, the fund has established a legacy of outperformance, helping to deliver attractive total returns across varying market and interest rate environments

An active advantage

Actively managed with a risk-focused approach to preserve capital while seeking to deliver attractive total returns, the fund has considerable flexibility to invest across a global opportunity set, helping to mitigate risk and preserve capital while finding opportunities amid changing economic conditions.

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

05/11/1987

CUSIP

693390700

RELATED

Managers

Mohit Mittal began managing the fund on 10 December 2019.

Scott A. Mather

CIO U.S. Core Strategies

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Mark R. Kiesel

CIO Global Credit

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Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

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Yields & Distributions

Historical Prices & Distributions

Distribution Yield (At Nav) 1 as of 02/29/2020 2.90%
1 - Day Distribution Yield as of 04/03/2020 -
30-Day SEC Yield as of 02/29/2020 1.96%
Latest Dividend Distribution ($ Share)2 as of 03/31/2020 $0.026913290
Dividend Distribution (YTD) 3 as of 03/31/2020 $0.077049260

disclosures

1The distribution yield for monthly paying Funds is calculated by annualizing actual dividends distributed for the monthly period ended on the date shown and dividing by the net asset value on the last business day for the same period. The distribution yield for quarterly paying Funds is calculated by taking the average of the prior four quarterly distribution yields. The quarterly distribution yields are calculated by annualizing actual dividends distributed for the quarterly period ended on the most recent quarterly distribution date and dividing by the net asset value for the same date. The distribution yield for annual paying Funds is calculated by taking the annual distribution divided by the Fund’s net asset value on ex-date. The yield is annualized if the Fund incepted less than a year ago. The yield does not include long- or short-term capital gains distributions.
2Data does not include special cash dividends.
3Data is based on distributions since the most recent calendar year end and does not include special cash dividends.
The 30 day SEC Yield is computed under an SEC standardized formula based on net income earned over the past 30 days.

Fees & Expenses

Effective as of 07/31/2019
Gross Expense Ratio 0.71%
Adjusted Expense Ratio 0.46%
The Adjusted Expense Ratio excludes certain investment expenses, such as interest expense from borrowings and repurchase agreements and dividend expense from investments on short sales, incurred directly by the Fund or indirectly through the Fund’s investments in underlying PIMCO Funds (if applicable), none of which are paid to PIMCO.

Prices & Performance

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Daily Statistics

All data as of 04/03/2020

NAV $10.54 One Day Return 0.02%
Daily Change $0.00 Daily YTD Return 2.72%

All data as of