Not Scored in Nontraditional Bond
U.S. News evaluated 41 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 2 / 5 Stars |
| Lipper | 4 4 5 4 1 |
| Zacks Investment Research | 5 (Strong Sell) |
| Standard & Poor's | --- |
| TheStreet.com | D- (Sell) |
Fund Overview
The investment seeks maximum long-term return, consistent with preservation of capital and prudent investment management. The fund 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 may invest in both investment-grade securities and high-yield securities. The fund may invest up to 50% of total assets in securities and instruments that are economically tied to emerging market countries. It may also invest up to 10% of total assets in preferred stocks.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 1.7% |
| 1 Year | 0.9% |
| 3 Years (Annualized) | 6.1% |
| 5 Years (Annualized) | |
| 10 Years (Annualized) |
Fund Opinion
"In our view, PIMCO Unconstrained represents the closest thing to a 'go-anywhere' bond fund that can maximize the potential value added by the various professionals at PIMCO."
Litman Gregory 2011-02-14
Performance
The fund has returned 0.90 percent over the past year, and 6.09 percent over the past three years.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 159.91 | 50.26 | 109.65 |
| Stocks | 0.0 | 0.0 | 0.0 |
| Bonds | 99.51 | 17.77 | 81.73 |
| Other | 2.41 | 9.4 | -6.99 |
| Foreign Bonds | 88.71 | 173.47 | -84.75 |
| Foreign Stocks | 0.01 | 0.0 | 0.01 |
| Convertible | 0.05 | 0.0 | 0.05 |
| Preferred | 0.31 | 0.0 | 0.31 |
Updated 12.31.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 12.31.2011
| % Net Assets | |
|---|---|
| Ois Usd P 1.09/Fedl01 09/17/14 Myc | 26.95 |
| Ois Usd P 1.09/Fedl01 09/17/14 Dub | 22.1 |
| Irs Usd 3ml/3.5 06/15/11 Cme | 18.89 |
| Irs Usd 3ml/2.5 06/15/11 Cme | 12.48 |
| Fin Fut Us 5yr Cbt 03/30/12 | 9.61 |
Fees
PIMCO Unconstrained Bond Fund has an expense ratio of 1.30 percent.
