Fund Research and Analysis

by Miriam Sjoblom, CFA
PIMCO Real Return has mostly thrived since manager Mihir Worah took the reins in December 2007, and it remains backed by a time-tested process and deep research bench. It has had a couple personnel hiccups lately but still has an excellent long-term   Read more 

Process Pillar:Positive

In an effort 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   Read more 

Performance Pillar:Positive

This fund periodically stumbles but has triumphed over the long term. Since Mihir Worah took over at the end of 2007, its 3.9% annualized gain through November 2016 topped the Bloomberg Barclays U.S.  Read more 

People Pillar:Positive

PIMCO's real return team, led since 2007 by lead manager Mihir Worah, backs this fund. Worah joined PIMCO in 2001. He became one of the firm's six deputy CIOs and took on leadership of its struggling global multiasset strategies following Mohamed El-Erian's   Read more 

Price Pillar:Negative

The fund's Institutional share class, which soaked up just over half the fund's $11.3 billion asset base as of November 2016, carries a 0.45% expense ratio, on par with the category median for similarly   Read more 

5 Medalists in the Long-Short Equity Category 
Watch more 

Premium Membership

View all of our analyst reports with a free trial to Premium.