PIMCO Long-Term Credit Fund

U.S. News evaluated 30 Long-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 17.34 percent over the past year, and 15.31 percent over the past three years.

Trailing Returns Updated 04.30.2013
Year to date 4.7%
1 Year 17.3%
3 Years (Annualized) 15.3%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks total return which exceeds that of its benchmark, consistent with preservation of capital and prudent investment management. The fund normally invests at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It invests primarily in investment grade debt securities, but may invest up to 20% of its total assets in junk bonds that are rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.

Fees

Fees are Above Average compared to funds in the same category.
PIMCO Long-Term Credit Fund has an expense ratio of 0.65 percent.

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Risk

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

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