5 / 5 Stars
5 5 4 5 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 80 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 9.37 percent over the past year, 10.52 percent over the past three years, and 13.99 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.2%|
|3 Years (Annualized)||10.5%|
|5 Years (Annualized)||14.0%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize current income; long-term capital appreciation is a secondary objective. The fund invests at least 65% of its total assets in a multi-sector 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 may invest up to 50% of its total assets in high yield securities rated below investment grade but rated at least Caa by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. The fund is non-diversified.
Fees are Low compared to funds in the same category.
PIMCO Income Fund has an expense ratio of 1.10 percent.
Risk is Average compared to funds in the same category according to Morningstar.