Total Return Fund

PTTRX

Updated December 07, 2018

Objective

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

Primary Portfolio

Intermediate-term, investment grade bonds

Overview

 

Fund Overview

A solid core bond choice for millions of investors

Since 1987, the fund has focused on maximizing total return potential while protecting principal. That emphasis has helped it deliver attractive returns through the ups and downs of bond market cycles.

Why Invest In This Fund

Quality, diversification, flexibility

The fund emphasizes higher-quality, intermediate-term bonds and aims to avoid concentration risk by being more globally diversified than many core bond funds. It also has considerable flexibility to respond to changing economic conditions, helping to manage risk and increase total return potential.

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 attractive 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 is CIO U.S. Core Strategies, Mark Kiesel is CIO Global Credit and Mihir Worah is CIO Real Return and Asset Allocation – is supported by the full spectrum of PIMCO's global resources and our 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

05/11/1987

CUSIP

693390700

RELATED

Managers

 

Scott A. Mather

CIO U.S. Core 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

Historical Prices & Distributions

Distribution Yield (At Nav) 1 as of 10/31/2018 2.76%
1 - Day Distribution Yield as of - -
30 - Day SEC Yield2