I have several PIMCO funds (PTTDX,PASAX,PFRAX,PHYAX,PLDAX) and of these PTTDX is the poorest performer YTD:
This fund has beaten all of the others you list for 3,5 and 10 year performance so far. Go to:
and enter your other funds. This calculator shows $10000 growth with reinvested dividends factored in.
PEBIX (emerging markets bond), and PEMDX (lower limit but higher fee cousin) are the only two that have beaten it over 5 and 10 years, IF you are OK with the crazy volatilty in a stock market crash.
$10000 in PTTDX 5 years ago would be ~$13500 now, with little downside during the crash. This same amount would give $14500 in PEBIX/PEMDX IF you could stomach holding on while it dropped from $14k to $11k in the crash then jumped back to $14k again in the rally.
I'm not willing to put anything major into PEBIX just yet, mostly because U.S. housing losses are not even close to over, and the market could very well re-visit the toilet again in 2010 or 2011.
This fund will PRESERVE your nest egg in a crash.
Bill Gross is THE man, and the reason to buy a fund is who is running it. I have complete faith, and am buying some pttdx for myself on next pullback. My wife has it in her 401k (actually ptrax, institutional version of pttdx), and I have been pleasantly surprised after checking it out.
Also bought huge into PRHYX in April because of the fund manager, and am quite satisfied.
<< Wow, you must be really rich. 3 of the 5 funds you named have a $5 million minimum investment. I call B/S on your whole post. >>
I hold these funds in an annuity which allows purchase of these and other funds without minimum restrictions.
Bingo - this is not a stock fund and should neither fluctuate like one nor hit the highs and lows that a stock fund does. Comparing it to stock funds is a mistake. There's room for both in a balanced portfolio though.
>Yeah, but ... look at the wild swings on your chart for >the others - this is intended to be the "middle of the >road" return - steady eddie.
The plots do not take into account the capital gain distribution of #0.50 in Dec 2008. They only plot NAV's for the period. In order to understand a position in all five funds you must add the $0.50 cap gain back into the total assets invested. On a cap gain adjusted basis from Dec 2008 the current adjusted NAV would be $11.82. Graphing software cannot take into account cap gain distributions that are "totally returned" to shareholders and the NAV is always under reported