|Expense Ratio (net)||0.72%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (3Y Monthly)||0.36|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Mar 30, 2007|
Most veteran market observers agree than an array of factors, from trade disputes to rising interest rates, will create more turbulence as an aging bull market becomes more vulnerable to emotion-driven selloffs. Jason Trennert, chairman of Strategas Securities LLC, a market-research firm, agrees with that assessment.
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.