Bonds that endure

Learn what a global leader in active fixed income can do for you.

Why PIMCO

Why PIMCO

We believe that active management is the responsible way to invest our clients' assets in fixed income.

For nearly 50 years, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting market conditions.

Discover Why Bonds are Different
83 91%

Percentage of PIMCO assets
outperforming benchmarks over a 5-year period (after fees)1.

Our clients rely on an investment process that has been tested in virtually every market environment.

Bringing together our investment professionals from across the globe, PIMCO's investment process is designed to promote fresh ideas and differing points of view.

We innovate to give our clients an edge.

Innovation has long been part of the fabric of PIMCO’s culture. Explore how we assess shifting risks and opportunities to build forward-looking solutions for investors.

Total Return

1971 PIMCO is founded and innovates a total return approach to bond investing.

Mortgages

1975 PIMCO begins using mortgage-backed securities in client portfolios, making the firm one of the earliest investors in the sector.

StocksPLUS®

1986 Four years after S&P 500® Index futures contracts begin trading, PIMCO introduces StocksPLUS® strategies – groundbreaking portable alpha strategies that pair equity index futures with actively managed bond portfolios.

Long Duration

1988 PIMCO becomes one of the first firms to offer long duration management of liabilities as a dedicated strategy.

TIPS

1997 PIMCO launches a Treasury Inflation- Protected Securities (TIPS)-focused strategy on the same day as the first U.S. TIPS auction.

Commodities

2000 Building on the firm's Real Return practice, PIMCO expands into commodities and goes on to become one of the world's largest commodities managers.

Alternatives

2004 PIMCO launches alternatives strategies and expands the line in response to capital markets innovation.

Systematic Value

2005 PIMCO and Research Affiliates partner to launch the first fund based on a fundamentally weighted equity approach, the flagship in what becomes a suite of systematic value strategies.

Active ETFs

2009 PIMCO introduces one of the first actively managed exchange-traded funds (ETFs). Today we are the world's largest active ETF manager.

ESG

2017 PIMCO launches a Global ESG Investment Platform to help clients achieve their investment goals, while influencing positive change. The firm's size and long-lasting relationships with issuers have helped us be a leader in ESG engagement for fixed income.

Behavioral Science

2018 PIMCO and the Center for Decision Research at The University of Chicago Booth School of Business announce an innovative partnership to support research at the forefront of behavioral science.

Climate Solutions

2019 Launches one of the first sustainably-themed fixed income solutions to target global climate action.

1 As of 30 September 2020. SOURCE: PIMCO Based on PIMCO managed portfolios with at least a 5-years history. The after-fees performance of each portfolio was compared to the portfolio’s primary benchmark. If the after-fees portfolio performance was greater than the benchmark performance for a given period, the assets in that portfolio were included in the outperforming data. Benchmark outperformance indicates the performance of a portfolio as compared to its benchmark. As such, it does not indicate that a portfolio’s performance was positive during any given period. For example, if a portfolio declined 3% during a given period, and its benchmark declined 4%, the portfolio would have outperformed its benchmark, even though it lost value during the period. Certain absolute return oriented portfolios contained within the data may inflate the data either positively or negatively due to the low return/volatility characteristics of the primary benchmark. For example a portfolio measured against 3-month USD Libor would be more likely to out- or underperform its benchmark. No measure of past performance should be understood to ensure that future performance will be positive, whether on a relative or absolute basis.

Our Solutions

Our Solutions

Choose Solution

Anchor Your Portfolio With Fixed Income

Bonds have an important role to play in many portfolios, offering the potential for income, capital preservation and less volatile returns than riskier investments. PIMCO’s fixed income strategies draw on the experience and resources of a global leader in active bond management.

A Different Approach to Equities

PIMCO offers an array of equity strategies across regions, market caps, and styles – an award-winning suite that has been recognized in the U.S. five times as “Equity Asset Class, Large Company” by Lipper.3

3 Years 2019, 2013, 2012, 2011 and 2010. Data as of 31 December 2018. Lipper Asset Class Group Awards are awarded to eligible fund family groups and not individual funds. From Lipper Fund Awards from Refinitiv, ©2019 Refinitiv. All rights reserved. Used under license.

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Diversify With Alternatives

The strength of PIMCO‘s platform provides access to alternative opportunities for superior outcomes.

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Actively Invest Across Asset Classes

Our comprehensive multi-asset solutions, including our RealPath Blend target date funds, draw on PIMCO’s macroeconomic views across major asset classes.

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Plan for Retirement

PIMCO is dedicated to helping clients pursue their long-term financial goals and has deep expertise in the retirement market, from LDI to defined contribution to wealth management – all of which seek to deliver consistent income to retirees and help manage their assets throughout retirement.

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Explore Model Portfolios

Our model portfolios leverage PIMCO’s time-tested investment process and active management expertise to help advisors efficiently deliver innovative investment solutions to their clients.

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Invest Sustainably With ESG Solutions

We are committed to pushing global bond markets toward a sustainable future on behalf of investors.

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Efficiently Access Markets Through ETFs

PIMCO exchange-traded funds provide investors access to the full strength of our investment platform – all with the daily transparency, intraday pricing and low investment minimums that the ETF vehicle provides.

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Access Public and Private Opportunities

Interval funds can provide access to less liquid, potentially high-yielding securities as an alternative source of return.

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Assets Under Management

PIMCO manages assets entrusted to us by central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. Our scale and specialized resources have helped build a diverse platform of product offerings.

Assets Under Management

PIMCO manages assets for central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. Our scale and specialized resources have helped build a diverse platform of product offerings.

  • Alternatives: 2%
  • Asset Allocation: 2%
  • Cash Management: 8%
  • Core: 13%
  • Credit: 17%
  • Diversified Income: 2%
  • Emerging Markets: 2%
  • Equities: 2%
  • Global: 8%
  • Income: 18%
  • Long Duration: 13%
  • Mortgages: 4%
  • Municipals: 2%
  • Other: 1%
  • Real Return: 3%

2 Assets include $16.1 billion in assets of clients contracted with Gurtin Fixed Income Management, LLC, an affiliate and wholly-owned subsidiary of PIMCO.

Leadership

Striving for excellence on behalf of our clients

PIMCO’s leadership is committed to maintaining our culture of putting clients first and holding our people and practices to the highest standards.

Expert Partners

Embracing diverse perspectives

PIMCO has long believed that encouraging different points of view is critical to long term success. One way we do this is by inviting outside experts to share their insights and help us test our thinking.

Global Advisory Board

PIMCO’s Global Advisory Board meets several times a year at our Newport Beach headquarters and contributes to our economic forums.

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PIMCO Decision Research Laboratories

Through our partnership with The Center for Decision Research at The University of Chicago Booth School of Business, we support research at the forefront of behavioral science.

PIMCO Labs

PIMCO Fellowships at the California Institute of Technology

By sponsoring postdoctoral and graduate fellowships at Caltech, PIMCO is establishing critical links with researchers at the cutting edge of technological change.

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NY team Purpose@PIMCO

Purpose at PIMCO

We Give. We Act. We Advocate.

At PIMCO, we understand both the opportunity and obligation to effect meaningful social change. Aligning with the UN Sustainable Development Goals, PIMCO’s focus on hunger and gender equality reflects our belief that these issues are critical to human development and worldwide economic growth.

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Get in Touch

How can PIMCO help you?

For more information and answers to your questions, please contact us.

Disclosures

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund’s prospectus and summary prospectus, if available, which may be obtained by contacting your investment professional or PIMCO representative. Click here for a complete list of the PIMCO Funds prospectuses and summary prospectuses. For ETFs click here. Please read them carefully before you invest or send money.

Exchange Traded Funds (“ETF”) are afforded certain exemptions from the Investment Company Act. The exemptions allow, among other things, for individual shares to trade on the secondary market. Individual shares cannot be directly purchased from or redeemed by the ETF. Purchases and redemptions directly with ETFs are only accomplished through creation unit aggregations or “baskets” of shares. Shares of an ETF are bought and sold at market price (not NAV). Brokerage commissions will reduce returns. Investment policies, management fees and other information can be found in the individual ETF’s prospectus. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Due to the costs inherent in buying or selling Fund shares, frequent trading may detract significantly from investment returns. Investment in Fund shares may not be advisable for investors who expect to engage in frequent trading. Current holdings are subject to risk. Holdings are subject to change at any time. An investment in an ETF involves risk, including the loss of principal. Investment return, price, yield and Net Asset Value (NAV) will fluctuate with changes in market conditions. Investments may be worth more or less than the original cost when redeemed. ETF shares may be bought or sold throughout the day at their market price on the exchange on which they are listed. However, there can be no guarantee that an active trading market for PIMCO ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Premiums (when market price is above NAV) or discounts (when market price is below NAV) reflect the differences (expressed as a percentage) between the NAV and the Market Price of the Fund on a given day, generally at the time the NAV is calculated. A discount or premium could be significant. Data in chart format displaying the frequency distribution of discounts and premiums of the Market Price against the NAV can be found for each Fund at pimcoetfs.com.

Interval funds are an unlisted closed-end fund. Limited liquidity is provided to shareholders only through the fund’s quarterly offers to repurchase between 5% to 25% of its outstanding shares at net asset value (subject to applicable law and approval of the Board of Trustees, the Fund currently expects to offer to repurchase 10% of outstanding shares per quarter). There is no secondary market for the fund’s shares and none is expected to develop. Investors should consider shares of the fund to be an illiquid investment. It is important to note that differences exist between the fund’s daily internal accounting records, the fund’s financial statements prepared in accordance with U.S. GAAP, and recordkeeping practices under income tax regulations. It is possible that the fund may not issue a Section 19 Notice in situations where the fund’s financial statements prepared later and in accordance with U.S. GAAP or the final tax character of those distributions might later report that the sources of those distributions included capital gains and/or a return of capital. Please see the fund’s most recent shareholder report for more details. The fund’s distribution rate may be affected by numerous factors, including changes in realized and projected market returns, fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the fund distribution rate at a future time. An investment in an interval fund is not suitable for all investors. Unlike typical closed-end funds an interval fund’s shares are not typically listed on a stock exchange. Although interval funds provide limited liquidity to investors by offering to repurchase a limited amount of shares on a periodic basis, investors should consider shares of the Fund to be an illiquid investment. Investments in interval funds are therefore subject to liquidity risk as an investor may not be able to sell the shares at an advantageous time or price. The Fund anticipates that no secondary market will develop for its shares. There is no guarantee that an investor will be able to tender all of their requested Fund shares in a periodic repurchase offer.

Past performance is not a guarantee or a reliable indicator of future results.

A word about risk: All investments contain risk and may lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Equities may decline in value due to both real and perceived general market, economic and industry conditions. Alternatives involve a high degree of risk and prospective investors are advised that these strategies are suitable only for persons of adequate financial means who have no need for liquidity with respect to their investment and who can bear the economic risk, including the possible complete loss, of their investment. Management risk is the risk that the investment techniques and risk analyses applied by PIMCO will not produce the desired results, and that certain policies or developments may affect the investment techniques available to PIMCO in connection with managing the strategy.

Socially responsible investing is qualitative and subjective by nature, and there is no guarantee that the criteria utilized, or judgment exercised, by PIMCO will reflect the beliefs or values of any one particular investor. Information regarding responsible practices is obtained through voluntary or third-party reporting, which may not be accurate or complete, and PIMCO is dependent on such information to evaluate a company’s commitment to, or implementation of, responsible practices. Socially responsible norms differ by region. There is no assurance that the socially responsible investing strategy and techniques employed will be successful.

Target Date Funds are designed to provide investors with a comprehensive retirement solution tailored to the time when they expect to retire and plan to start withdrawing money (the "target date"). Each Fund follows a target asset allocation schedule that changes over time to help reduce portfolio risk, increasing its exposure to conservative investments as the target date approaches. The principal value of the Fund is not guaranteed at any time, including the target date.

There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and each investor should evaluate their ability to invest long-term, especially during periods of downturn in the market. Investors should consult their investment professional prior to making an investment decision.

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.

PIMCO Investments LLC, distributor, 1633 Broadway, New York, NY 10019, is a company of PIMCO.

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