PIMCO Mortgage-Backed Securities Fund

Scorecard
3 / 5 Stars
Lipper
5 5 5 5 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
B (Buy)

U.S. News evaluated 280 Intermediate-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.75 percent over the past year, 3.57 percent over the past three years, 6.50 percent over the past five years, and 5.27 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.3%
1 Year 0.7%
3 Years (Annualized) 3.6%
5 Years (Annualized) 6.5%
10 Years (Annualized) 5.3%

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Summary

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of assets in a diversified portfolio of mortgage-related Fixed Income Instruments of varying maturities (such as mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage-backed securities and mortgage dollar rolls), which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.

Fees

Fees are Above Average compared to funds in the same category.
PIMCO Mortgage-Backed Securities Fund has an expense ratio of 0.50 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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