|Expense Ratio (net)||0.74%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (3Y Monthly)||0.33|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Mar 30, 2007|
Money market funds took in a robust $41.3 billion. With the Fed signaling a slowdown in rate increases, bond investors have decided it's safe to go back into the water. This stands in stark contrast to the fear that gripped bond investors in late 2018.
In the spring of 2013, PIMCO Total Return PTTRX was the world's largest mutual fund. Intermediate-term bond funds by nature are sedate, and PIMCO Total Return has been no exception. Along with the fracas at TCW (when the company terminated Jeff Gundlach), the outflows at PIMCO Total Return--and the subsequent exit of co-founder Bill Gross--generated arguably the most attention ever placed on a bond fund.
The following is our latest Fund Analyst Report for PIMCO Income PIMIX . Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Dan Ivascyn and Alfred Murata make effective use of PIMCO's bountiful human and analytical resources, including a very large group of mortgage and real estate specialists.