Fund Research and Analysis

by Miriam Sjoblom, CFA
To gain an edge in the U.S. Treasury Inflation-Protected Securities market, PIMCO Real Return makes full use of the firm’s formidable global fixed-income resources, earning a Morningstar Analyst Rating of Silver. This fund is backed by a strong team.  Read more 

Process Pillar:Positive

To beat the Bloomberg Barclays U.S. TIPS Index, the team looks to obtain cost-efficient exposure to U.S. Treasury Inflation-Protected Securities and other inflation-linked bonds by seeking better execution   Read more 

Performance Pillar:Positive

This fund has generated impressive long-term returns since Mihir Worah took over almost a decade ago. Its 3.8% annualized return from January 2008 through November 2017 beat all but three of its inflation-protected   Read more 

People Pillar:Positive

Its senior-most manager, Mihir Worah, joined PIMCO in 2001 and has led the firm’s real return team and this fund since 2007. He became one of the six deputy CIOs and began leading its asset-allocation effort in early 2014. After Bill Gross left in September   Read more 

Price Pillar:Negative

The fund's Institutional share class, which soaked up just over half the fund's $11.6 billion asset base as of November 2017, carries a 0.45% expense ratio, on par with the category median for similarly   Read more 

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