PIMCO Total Return Fund INSTL (PTTRX)

All data as of 04/30/13, unless otherwise indicated.
PIMCO
Maturity (%)
as of 04/30/13
<1 Year 0.00
1-3 Years 20.00
3-5 Years 31.00
5-10 Years 40.00
10-20 Years 9.00
20+ Years 0.00
Effective Maturity (yrs) 6.61
Duration
as of 04/30/13
Effective Duration (yrs) 5.04

indicates an increase since the prior month.

indicates a decrease since the prior month

indicates no change since the prior month.

Sector Allocation (%)1
as of 04/30/13
as of 03/31/13
Government - Treasury2 33 39
Government - Agency3 4 4
Swaps and Liquid Rates4 -3 -3
Mortgage 33 34
Invest. Grade Credit 9 7
High Yield Credit 3 3
Non-U.S. Developed 11 10
Emerging Markets 7 8
Municipal 5 5
Other 1 1
Money Market and Net Cash Equivalents5 -3 -8
Risk (Trailing 3 Years)
as of 04/30/13
Beta 0.76
Standard Deviation 3.18
R2 0.33

 

1  Market Value Exposure (based on percentage of net asset value)
2  Includes US Treasury notes, bonds, futures, and inflation-protected securities
3  Includes US agencies, FDIC-guaranteed and government-guaranteed corporate securities, and supranationals
4  Includes US dollar denominated interest rate swaps, swaptions, options, and other rate related derivatives. Other portfolio derivatives, where applicable, may be included as part of other sectors based upon their underlying risk characteristics
5  Money Market and Net Cash Equivalents is defined as liquid investment grade securities with duration less than one year
Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund’s prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor or PIMCO representative.  Click here for a complete list of the PIMCO Funds prospectuses and summary prospectuses. Please read them carefully before you invest or send money.

A word about risk:
Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market’s perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. The credit quality of a particular security or group of securities does not ensure the stability or safety of the overall portfolio. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss. The value of most bond funds and fixed income securities are impacted by changes in interest rates. Bonds and bond funds with longer durations tend to be more sensitive and more volatile than securities with shorter durations; bond prices generally fall as interest rates rise.

References to specific sectors, securities or issuers are for illustrative purposes only. All holdings are subject to change daily. All share classes have the same portfolio but different expenses.

Risk Section Source: IDS GmbH-Analysis and Reporting Services, an investment analysis and reporting service which is a subsidiary of Allianz SE. This section is based on the actual share class and measures volatility. The overall market is represented by the unmanaged index which is the fund’s official benchmark in its prospectus. Beta measures the market related volatility of a portfolio. The beta of the market is 1 by definition. A beta greater than 1 indicates that a portfolios market risk is greater than the overall markets, while a beta less than 1 indicates a lower market risk. It is important to note that having a low market risk does not necessarily imply low volatility. A portfolio may have a low beta while experiencing volatility due to factors independent of the market. R-squared measures the percentage of a portfolio's movements that are explained by movements in the overall market. Standard deviation is an absolute measure of volatility measuring dispersion about an average which, for a mutual fund, depicts how widely the returns varied over a certain period of time.  Duration is a measure of a portfolio’s price sensitivity expressed in years. 
 
Duration is a measure of a portfolio’s price sensitivity expressed in years. Effective duration is the duration for a bond with an embedded option when the value is calculated to include the expected change in cash flow caused by the option as interest rates change.

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