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PIMCO All Asset Fund
mutual fund
PATRX
Payout Change
Pending
Price as of:
$10.92
+0.03
+0.28%
primary theme
Tactical Allocation
PATRX (Mutual Fund)
PIMCO All Asset Fund
Payout Change
Pending
Price as of:
$10.92
+0.03
+0.28%
primary theme
Tactical Allocation
PATRX (Mutual Fund)
PIMCO All Asset Fund
Payout Change
Pending
Price as of:
$10.92
+0.03
+0.28%
primary theme
Tactical Allocation
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.4%
1 yr return
3.9%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
4.0%
Net Assets
$12 B
Holdings in Top 10
76.9%
52 WEEK LOW AND HIGH
$10.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 92.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PATRX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return 4.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 9.13%
- Dividend Yield 6.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePIMCO All Asset Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateMar 22, 2006
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Arnott
Fund Description
The Fund is a “fund of funds,” which is a term used to describe mutual funds that pursue their investment objective by investing all or a significant portion of their assets in other funds. The Fund seeks to achieve its investment objective by investing under normal circumstances substantially all of its assets in the least expensive class of shares of any actively managed or smart beta funds (including mutual funds or exchange-traded funds) of the Trust, or PIMCO ETF Trust or PIMCO Equity Series, each an affiliated open-end investment company, except other funds of funds and PIMCO California Municipal Intermediate Value Fund, PIMCO California Municipal Opportunistic Value Fund, PIMCO National Municipal Intermediate Value Fund and PIMCO National Municipal Opportunistic Value Fund (collectively, “Underlying PIMCO Funds”). As used in the investment objective, “real return” equals total return less the estimated cost of inflation, which is typically measured by the change in an official inflation measure, and “real capital” equals capital less the estimated cost of inflation measured by the change in an official inflation measure. In addition to investing in Underlying PIMCO Funds, at the discretion of Pacific Investment Management Company LLC (“PIMCO”) and without shareholder approval, the Fund may invest in additional Underlying PIMCO Funds created in the future.The Fund invests its assets in shares of the Underlying PIMCO Funds and does not invest directly in stocks or bonds of other issuers. Research Affiliates, the Fund’s asset allocation sub-adviser, determines how the Fund allocates and reallocates its assets among the Underlying PIMCO Funds. In doing so, the asset allocation sub-adviser seeks concurrent exposure to a broad spectrum of asset classes.Investments in Underlying PIMCO Funds. The Fund may invest in any or all of the Underlying PIMCO Funds, but will not normally invest in every Underlying PIMCO Fund at any particular time. The Fund’s investment in a particular Underlying PIMCO Fund normally will not exceed 50% of its total assets. The Fund will not invest in the Short Strategy Underlying PIMCO Funds, which seek to gain a negative exposure to an asset class such as equities; however, certain Underlying PIMCO Funds may take short positions and/or may have a net short equity exposure under certain market conditions. The Fund’s combined investments in the Equity-Related Underlying PIMCO Funds will not exceed 50% of its total assets. In addition, the Fund’s combined investments in Inflation-Related Underlying PIMCO Funds, which seek to gain exposure to an asset class such as U.S. Treasury Inflation-Protected Securities (“TIPS”), commodities, or real estate, normally will not exceed 75% of its total assets.Asset Allocation Investment Process. The Fund’s assets are not allocated according to a predetermined blend of shares of the Underlying PIMCO Funds. Instead, the Fund’s asset allocation sub-adviser considers a broad range of quantitative data and qualitative inputs, both in isolation and to a material degree as inputs into a series of quantitative models that inform the final allocation and trading decisions, which are made by the Fund’s portfolio managers. The quantitative data and qualitative inputs considered include (but are not limited to) macroeconomic data relating to U.S. and foreign economies (such as economic growth measures, inflation measures, production and consumption measures and monetary policies) and financial market data relating to U.S. and foreign asset classes (such as yield levels, income growth rates, valuation measures, credit and default risk measures and financial statement data). These data points are primarily used as inputs to a series of quantitative models, which collectively enable the asset allocation sub-adviser to construct multiple optimized model portfolios for consideration in determining the Fund’s actual allocation and trading approach. These include models relating to capital markets expectations, macroeconomic regimes, risk regimes, factor analysis of Underlying PIMCO Funds and portfolio construction. Multiple model portfolios are constructed so that the portfolio managers can assess the implications, attributes and tradeoffs of different asset allocation approaches in determining the final allocation and trading decisions, in seeking to achieve the objectives of the Fund.In addition to these quantitative and model-driven considerations, which comprise a majority of the asset allocation investment process, the portfolio managers also may consider various qualitative inputs in refining their final allocation and trading decisions. These may include qualitative macroeconomic and financial market views held by the asset allocation sub-adviser and PIMCO, as well as subjective assessments of liquidity risk, risk premia attractiveness, expected net flows into the Fund and investor behavioral factors.The Fund’s asset allocation sub-adviser has the flexibility to reallocate the Fund’s assets among any or all of the Underlying PIMCO Funds based on the asset allocation sub-adviser’s ongoing analyses of the absolute and relative attractiveness of the asset class and other investment exposures represented in each. These include (but are not limited to) exposures relating to U.S. and foreign equity, fixed income, currency and commodity markets, as well as idiosyncratic exposures of specific companies, countries, issuers or risk premia. While these analyses are updated and reviewed frequently, material shifts in asset allocation positioning are typically staged over longer periods of time, which reflects multiple considerations including market momentum, seeking best trading execution and monitoring portfolio turnover.
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PATRX - Performance
Return Ranking - Trailing
| Period | PATRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -5.3% | 34.1% | 82.33% |
| 1 Yr | 3.9% | -4.9% | 34.9% | 81.86% |
| 3 Yr | -0.4%* | -19.2% | 12.9% | 75.59% |
| 5 Yr | 4.0%* | -12.5% | 21.9% | 58.42% |
| 10 Yr | 3.9%* | -5.7% | 9.2% | 57.55% |
* Annualized
Return Ranking - Calendar
| Period | PATRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.7% | -18.9% | 60.2% | 63.55% |
| 2022 | -17.8% | -48.5% | 0.1% | 58.22% |
| 2021 | 2.8% | -19.0% | 48.3% | 54.25% |
| 2020 | 4.3% | -16.5% | 52.8% | 59.90% |
| 2019 | 8.4% | -8.5% | 26.6% | 70.05% |
Total Return Ranking - Trailing
| Period | PATRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -5.3% | 34.1% | 82.33% |
| 1 Yr | 3.9% | -4.9% | 34.9% | 81.86% |
| 3 Yr | -0.4%* | -19.2% | 12.9% | 75.59% |
| 5 Yr | 4.0%* | -12.5% | 21.9% | 58.42% |
| 10 Yr | 3.9%* | -5.7% | 9.2% | 57.55% |
* Annualized
Total Return Ranking - Calendar
| Period | PATRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.8% | -11.7% | 61.8% | 64.02% |
| 2022 | -12.2% | -48.5% | 4.6% | 38.03% |
| 2021 | 14.8% | -14.2% | 48.3% | 27.83% |
| 2020 | 7.7% | -11.7% | 77.4% | 52.97% |
| 2019 | 11.4% | -3.9% | 28.4% | 70.56% |
NAV & Total Return History
PATRX - Holdings
Concentration Analysis
| PATRX | Category Low | Category High | PATRX % Rank | |
|---|---|---|---|---|
| Net Assets | 12 B | 2.31 M | 12 B | 1.40% |
| Number of Holdings | 26 | 2 | 2477 | 65.12% |
| Net Assets in Top 10 | 9.57 B | 1.55 M | 9.57 B | 1.40% |
| Weighting of Top 10 | 76.86% | 20.0% | 134.8% | 46.51% |
Top 10 Holdings
- PIMCO FDS/ALL ASSET MULTI ALL ASSET MULTI RAE PLUS FD 19.15%
- PIMCO FUNDS/ALL ASSET MULTI RL ALL ASSET MULTI REAL FD 15.62%
- PIMCO LOW DURATION FUND/UNITED PIMCO LOW DURATION INST 11.07%
- PIMCO TOTAL RETURN FUND PIMCO TOTAL RETURN FUND INST 8.62%
- PIMCO INTERNATIONAL BOND FUND PIMCO INTL BND USD HGD INS 5.45%
- PIMCO EMERGING MARKETS LOCAL C PIMCO E/M LCL CUR + BND INST 3.61%
- PIMCO RAE FUNDAMENTAL ADVANTAG PIMCO RAE FDMTL ADV PLUS INS 3.41%
- PIMCO RAE WORLDWIDE LONG/SHORT PIMCO RAE WW L/S PLUS INST 3.40%
- PIMCO TRENDS MANAGED FUTURES S PIMCO TRENDS MGD FUT STR INS 3.39%
- PIMCO RAE EMERGING MARKETS FUN PIMCO RAE EMERG MRKT INST 3.14%
Asset Allocation
| Weighting | Return Low | Return High | PATRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.27% | 0.00% | 133.08% | 17.67% |
| Convertible Bonds | 1.12% | 0.00% | 8.92% | 21.40% |
| Cash | 0.73% | -33.22% | 90.14% | 79.53% |
| Preferred Stocks | 0.00% | -0.16% | 5.36% | 37.21% |
| Other | 0.00% | -29.71% | 154.73% | 56.28% |
| Bonds | 0.00% | 0.00% | 106.59% | 54.42% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PATRX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 91.12% | 85.43% |
| Technology | 0.00% | 0.00% | 85.77% | 90.07% |
| Real Estate | 0.00% | 0.00% | 99.45% | 89.40% |
| Industrials | 0.00% | 0.00% | 23.85% | 88.74% |
| Healthcare | 0.00% | 0.00% | 38.63% | 86.75% |
| Financial Services | 0.00% | 0.00% | 98.22% | 88.08% |
| Energy | 0.00% | 0.00% | 60.89% | 85.43% |
| Communication Services | 0.00% | 0.00% | 21.61% | 87.42% |
| Consumer Defense | 0.00% | 0.00% | 37.51% | 87.42% |
| Consumer Cyclical | 0.00% | 0.00% | 25.83% | 87.42% |
| Basic Materials | 0.00% | 0.00% | 56.73% | 86.09% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PATRX % Rank | |
|---|---|---|---|---|
| US | 99.27% | 0.00% | 133.08% | 17.67% |
| Non US | 0.00% | -1.94% | 37.95% | 43.26% |
PATRX - Expenses
Operational Fees
| PATRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.65% | 0.45% | 10.24% | 17.67% |
| Management Fee | 0.43% | 0.00% | 1.50% | 14.42% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 73.94% |
| Administrative Fee | 0.25% | 0.05% | 0.70% | 73.91% |
Sales Fees
| PATRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| PATRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
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.
| PATRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 92.00% | 1.75% | 441.00% | 44.19% |
PATRX - Distributions
Dividend Yield Analysis
| PATRX | Category Low | Category High | PATRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 6.10% | 0.00% | 24.95% | 13.49% |
Dividend Distribution Analysis
| PATRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PATRX | Category Low | Category High | PATRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 9.13% | -2.01% | 13.72% | 5.12% |
Capital Gain Distribution Analysis
| PATRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 12, 2024 | $0.166 | OrdinaryDividend |
| Mar 14, 2024 | $0.085 | OrdinaryDividend |
| Dec 28, 2023 | $0.158 | OrdinaryDividend |
| Sep 07, 2023 | $0.085 | OrdinaryDividend |
| Jun 08, 2023 | $0.026 | OrdinaryDividend |
| Mar 09, 2023 | $0.052 | OrdinaryDividend |
| Dec 29, 2022 | $0.431 | OrdinaryDividend |
| Sep 08, 2022 | $0.051 | OrdinaryDividend |
| Jun 09, 2022 | $0.116 | OrdinaryDividend |
| Mar 10, 2022 | $0.132 | OrdinaryDividend |
| Dec 30, 2021 | $0.352 | OrdinaryDividend |
| Sep 09, 2021 | $0.395 | OrdinaryDividend |
| Jun 10, 2021 | $0.307 | OrdinaryDividend |
| Mar 11, 2021 | $0.382 | OrdinaryDividend |
| Dec 30, 2020 | $0.159 | OrdinaryDividend |
| Sep 10, 2020 | $0.132 | OrdinaryDividend |
| Jun 11, 2020 | $0.060 | OrdinaryDividend |
| Mar 12, 2020 | $0.018 | OrdinaryDividend |
| Dec 30, 2019 | $0.144 | OrdinaryDividend |
| Sep 12, 2019 | $0.080 | OrdinaryDividend |
| Jun 13, 2019 | $0.052 | OrdinaryDividend |
| Mar 14, 2019 | $0.042 | OrdinaryDividend |
| Dec 27, 2018 | $0.310 | OrdinaryDividend |
| Sep 13, 2018 | $0.089 | OrdinaryDividend |
| Jun 14, 2018 | $0.078 | OrdinaryDividend |
| Mar 15, 2018 | $0.045 | OrdinaryDividend |
| Dec 28, 2017 | $0.233 | OrdinaryDividend |
| Sep 14, 2017 | $0.132 | OrdinaryDividend |
| Jun 15, 2017 | $0.092 | OrdinaryDividend |
| Mar 16, 2017 | $0.011 | OrdinaryDividend |
| Dec 29, 2016 | $0.218 | OrdinaryDividend |
| Sep 15, 2016 | $0.035 | OrdinaryDividend |
| Jun 16, 2016 | $0.037 | OrdinaryDividend |
| Mar 17, 2016 | $0.033 | OrdinaryDividend |
| Dec 30, 2015 | $0.172 | OrdinaryDividend |
| Sep 17, 2015 | $0.067 | OrdinaryDividend |
| Jun 18, 2015 | $0.065 | OrdinaryDividend |
| Mar 19, 2015 | $0.013 | OrdinaryDividend |
| Dec 30, 2014 | $0.295 | OrdinaryDividend |
| Sep 18, 2014 | $0.082 | OrdinaryDividend |
| Jun 19, 2014 | $0.070 | OrdinaryDividend |
| Mar 20, 2014 | $0.049 | OrdinaryDividend |
| Dec 30, 2013 | $0.272 | OrdinaryDividend |
| Sep 19, 2013 | $0.078 | OrdinaryDividend |
| Jun 20, 2013 | $0.065 | OrdinaryDividend |
| Mar 21, 2013 | $0.044 | OrdinaryDividend |
| Dec 31, 2012 | $0.025 | ExtraDividend |
| Dec 27, 2012 | $0.313 | OrdinaryDividend |
| Sep 20, 2012 | $0.053 | OrdinaryDividend |
| Jun 21, 2012 | $0.051 | OrdinaryDividend |
| Mar 22, 2012 | $0.098 | OrdinaryDividend |
| Dec 28, 2011 | $0.428 | OrdinaryDividend |
| Sep 15, 2011 | $0.140 | OrdinaryDividend |
| Jun 16, 2011 | $0.105 | OrdinaryDividend |
| Mar 17, 2011 | $0.044 | OrdinaryDividend |
| Dec 31, 2010 | $0.551 | OrdinaryDividend |
| Sep 16, 2010 | $0.125 | OrdinaryDividend |
| Jun 17, 2010 | $0.136 | OrdinaryDividend |
| Mar 18, 2010 | $0.089 | OrdinaryDividend |
| Dec 30, 2009 | $0.527 | OrdinaryDividend |
| Sep 17, 2009 | $0.106 | OrdinaryDividend |
| Jun 18, 2009 | $0.100 | OrdinaryDividend |
| Mar 19, 2009 | $0.067 | OrdinaryDividend |
| Dec 30, 2008 | $0.300 | OrdinaryDividend |
| Sep 18, 2008 | $0.096 | OrdinaryDividend |
| Jun 19, 2008 | $0.101 | OrdinaryDividend |
| Mar 20, 2008 | $0.103 | OrdinaryDividend |
| Dec 27, 2007 | $0.530 | OrdinaryDividend |
| Sep 20, 2007 | $0.163 | OrdinaryDividend |
| Jun 21, 2007 | $0.126 | OrdinaryDividend |
| Mar 22, 2007 | $0.072 | OrdinaryDividend |
| Dec 27, 2006 | $0.340 | OrdinaryDividend |
| Dec 13, 2006 | $0.001 | CapitalGainShortTerm |
| Dec 13, 2006 | $0.036 | CapitalGainLongTerm |
| Sep 21, 2006 | $0.130 | OrdinaryDividend |
| Jun 22, 2006 | $0.121 | OrdinaryDividend |
| Mar 23, 2006 | $0.063 | OrdinaryDividend |
PATRX - Fund Manager Analysis
Managers
Robert Arnott
Start Date
Tenure
Tenure Rank
Jul 31, 2002
19.85
19.9%
Mr. Arnott is the founder and chairman of Research Affiliates, a subadvisor to PIMCO. In 2002, he established Research Affiliates as a research-intensive asset management firm that focuses on innovative asset allocation and alternative indexation products. He previously served as chairman of First Quadrant, as president of TSA Capital Management (now part of Analytic Investors), and as vice president at The Boston Company. He also was global equity strategist at Salomon Brothers. He has published more than 100 articles in journals such as the Journal of Portfolio Management, the Harvard Busine
Christopher Brightman
Start Date
Tenure
Tenure Rank
Nov 07, 2016
5.56
5.6%
Chris Brightman, Chief Executive Officer, Research Affiliates, since July 2021, and Chief Investment Officer since April 2014. Previously at Research Affiliates, Mr. Brightman served as a Managing Director and Head of Investment Management. Prior to joining Research Affiliates in 2010, Mr. Brightman was chief executive officer of the University of Virginia Investment Management Company.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 33.83 | 6.69 | 13.0 |
