Welcome to MutualFunds.com. Please help us personalize your experience.
Your personalized experience is almost ready.
Thank you!
Check your email and confirm your subscription to complete your personalized experience.
Thank you for your submission, we hope you enjoy your experience
The PIMCO Commodity RealReturn Strategy Fund Institutional Class (PCRIX) is a low-cost, actively managed fund that is designed to seek real return (meaning after inflation). The fund does this by betting on commodities futures via the Bloomberg Commodity Index Total Return, an index of futures contracts on 20 physical commodities. PCRIX collateralizes its futures positions with Treasury Inflation-Protected Securities (TIPS), which have inflation-linked coupons. The fund aims to provide a return that beats inflation over time.
Given the fund’s focus on real return after inflation, PCRIX makes for an ideal core position in a portfolio as the commodity anchor. The fund is managed by Pacific Investment Management Company.
Subscribe to receive FREE updates, insigns, and more, straight to your inbox
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.1% | -3.6% | 18.6% | 50.66% |
| 1 Yr | -16.4% | -27.6% | 10.7% | 97.15% |
| 3 Yr | -5.3%* | -9.2% | 14.1% | 98.40% |
| 5 Yr | -24.7%* | -24.5% | 8.6% | 99.93% |
| 10 Yr | -14.6%* | -14.3% | 9.7% | 99.89% |
* Annualized
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -18.2% | -34.6% | 1.6% | 92.90% |
| 2017 | -5.4% | -12.4% | 33.2% | 98.60% |
| 2016 | 13.5% | -65.8% | 23.3% | 1.92% |
| 2015 | -64.8% | -64.9% | 4.8% | 99.94% |
| 2014 | -18.4% | -59.3% | 68.3% | 98.79% |
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.1% | -3.6% | 18.6% | 51.55% |
| 1 Yr | -13.4% | -25.5% | 11.4% | 95.57% |
| 3 Yr | -1.3%* | -9.2% | 14.1% | 93.66% |
| 5 Yr | -21.9%* | -21.8% | 47.6% | 99.93% |
| 10 Yr | -8.5%* | -12.6% | 13.3% | 99.78% |
* Annualized
| Period | PCRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -15.2% | -32.7% | 1.6% | 92.77% |
| 2017 | 2.7% | -8.4% | 33.2% | 95.02% |
| 2016 | 14.2% | -65.2% | 23.3% | 3.78% |
| 2015 | -62.8% | -62.9% | 9.2% | 99.94% |
| 2014 | -18.1% | -28.5% | 76.9% | 99.33% |
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.16 B | 608 K | 144 B | 12.46% |
| Number of Holdings | 898 | 2 | 13342 | 15.81% |
| Net Assets in Top 10 | 3.26 B | -752 M | 26.4 B | 10.50% |
| Weighting of Top 10 | 112.04% | 0.0% | 3196.0% | 3.29% |
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| Bonds | 103.44% | -342.57% | 261.66% | 1.64% |
| Other | 2.21% | -253.31% | 51.84% | 16.95% |
| Convertible Bonds | 0.70% | -0.09% | 39.88% | 23.47% |
| Preferred Stocks | 0.04% | 0.00% | 65.70% | 58.00% |
| Stocks | 0.00% | -18.54% | 99.89% | 99.49% |
| Cash | -6.38% | -285.07% | 453.71% | 96.65% |
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| Government | 58.16% | -203.24% | 254.66% | 2.15% |
| Securitized | 24.54% | 0.00% | 43.20% | 4.43% |
| Corporate | 23.04% | 0.00% | 93.54% | 26.94% |
| Municipal | 0.00% | 0.00% | 99.76% | 97.47% |
| Derivative | -1.18% | -190.53% | 70.06% | 95.32% |
| Cash & Equivalents | -6.76% | -278.69% | 455.04% | 96.46% |
| Weighting | Return Low | Return High | PCRIX % Rank | |
|---|---|---|---|---|
| US | 95.08% | -337.34% | 210.96% | 1.83% |
| Non US | 8.36% | -84.44% | 144.19% | 27.13% |
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.39% | 0.00% | 11.64% | 26.06% |
| Management Fee | 0.74% | 0.00% | 2.50% | 80.52% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.25% | 0.00% | 0.83% | 93.68% |
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.14% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.11% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PCRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 148.00% | 0.00% | 6067.00% | 89.31% |
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.06% | 0.00% | 0.31% | 1.08% |
| PCRIX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
| Date | Amount |
|---|---|
| Mar 14, 2019 | $0.029 |
| Dec 26, 2018 | $0.095 |
| Sep 13, 2018 | $0.104 |
| Jun 14, 2018 | $0.130 |
| Dec 27, 2017 | $0.149 |
| Sep 14, 2017 | $0.163 |
| Jun 15, 2017 | $0.184 |
| Mar 16, 2017 | $0.055 |
| Dec 28, 2016 | $0.012 |
| Sep 15, 2016 | $0.033 |
| Jun 16, 2016 | $0.020 |
| Dec 29, 2015 | $0.129 |
| Sep 17, 2015 | $0.144 |
| Jun 18, 2015 | $0.244 |
| Sep 18, 2014 | $0.088 |
| Sep 19, 2013 | $0.048 |
| Jun 20, 2013 | $0.158 |
| Mar 21, 2013 | $0.126 |
| Dec 27, 2012 | $0.078 |
| Sep 20, 2012 | $0.224 |
| Jun 21, 2012 | $0.166 |
| Mar 22, 2012 | $0.236 |
| Dec 28, 2011 | $3.356 |
| Sep 15, 2011 | $1.701 |
| Jun 16, 2011 | $1.891 |
| Mar 17, 2011 | $1.021 |
| Dec 31, 2010 | $0.802 |
| Sep 16, 2010 | $0.919 |
| Jun 17, 2010 | $0.817 |
| Mar 18, 2010 | $0.786 |
| Dec 30, 2009 | $0.807 |
| Sep 17, 2009 | $0.500 |
| Jun 18, 2009 | $0.369 |
| Mar 19, 2009 | $0.307 |
| Dec 30, 2008 | $0.390 |
| Sep 18, 2008 | $1.042 |
| Jun 19, 2008 | $1.103 |
| Mar 20, 2008 | $0.959 |
| Dec 27, 2007 | $1.679 |
| Sep 20, 2007 | $0.842 |
| Jun 21, 2007 | $0.768 |
| Mar 22, 2007 | $0.566 |
| Dec 27, 2006 | $1.280 |
| Sep 21, 2006 | $0.207 |
| Jun 22, 2006 | $0.287 |
| Dec 29, 2005 | $7.992 |
| Sep 22, 2005 | $1.960 |
| Jun 23, 2005 | $0.848 |
| Mar 24, 2005 | $0.875 |
| Dec 29, 2004 | $1.409 |
| Sep 16, 2004 | $0.606 |
| Jun 17, 2004 | $0.450 |
| Mar 18, 2004 | $0.977 |
| Dec 30, 2003 | $4.427 |
| Sep 18, 2003 | $0.143 |
| Jun 19, 2003 | $0.175 |
| Dec 30, 2002 | $3.059 |
| PCRIX | Category Low | Category High | PCRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.05% | -4.09% | 6.99% | 31.50% |
| PCRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Manager
Start Date
Tenure
Tenure Rank
Dec 31, 2007
11.34
11.3%
Mr. Worah is CIO Asset Allocation and Real Return and a managing director in the Newport Beach office. He is a member of the Investment Committee and the Executive Committee, and oversees portfolio management for the U.S. He is a generalist portfolio manager who manages a variety of fixed income, commodity and multi-asset portfolios.
Manager
Start Date
Tenure
Tenure Rank
Jan 02, 2015
4.33
4.3%
. Johnson is a managing director in the Newport Beach office and a portfolio manager focusing on commodity, quantitative and multi-asset strategies. He specializes in structural risk premiums as well as overall portfolio construction, and leads the quantitative strategies portfolio management group. In 2012 he co-authored “Intelligent Commodity Indexing,” published by McGraw-Hill. Prior to joining PIMCO in 2004, he was a research fellow at NASA's Jet Propulsion Laboratory, helping to develop Mars missions and new methods of autonomous navigation. He has 14 years of investment experience and holds a master’s degree in financial mathematics from the University of Chicago and an undergraduate degree from California Polytechnic State University.
Manager
Start Date
Tenure
Tenure Rank
Nov 01, 2018
0.49
0.5%
Mr. Sharenow is an executive vice president in the Newport Beach office and a portfolio manager focusing on real assets. Prior to joining PIMCO in 2011, he was an energy trader at Hess Energy Trading, Goldman Sachs, and DE Shaw. Mr. Sharenow was previously senior energy economist at Goldman Sachs. He holds bachelor's degrees in mathematical methods in the social sciences and in economics from Northwestern University.
Manager
Start Date
Tenure
Tenure Rank
Jan 09, 2019
0.3
0.3%
Mr. Rodosky is a managing director in the Newport Beach office and a portfolio manager covering Treasury bonds, agencies and futures. He is the lead portfolio manager for long duration strategies. Prior to joining PIMCO in 2001, Mr. Rodosky was vice president of institutional sales with Merrill Lynch. He has 22 years of investment experience and holds a master's degree in financial markets from Illinois Institute of Technology. He received an undergraduate degree from Villanova University.
Tenure Analysis
Category Low
0.0
Category High
38.35
Category Average
6.56
Category Mode
6.95
MUTUAL FUND EDUCATION
MUTUAL FUND EDUCATION
