PIMCO RealPath Blend 2045 Fund Class Institutional

Frequently Asked Questions About PVQNX

What does PVQNX invest in?

This fund is tailored for individuals seeking expert oversight of a diversified investment portfolio, primarily geared towards retirement planning. It possesses the flexibility to allocate its capital across a broad spectrum of underlying holdings. These may include Institutional Class or Class M shares sourced from the PIMCO Equity Series (known as the "Trust"), various PIMCO Funds, and other related PIMCO investment vehicles, such as those within the PIMCO ETF Trust. Notably, the fund explicitly avoids investing in other "funds of funds" strategies or in PIMCO Funds specifically managed by Gurtin Municipal Bond Management. Furthermore, it retains the option to invest in certain non-affiliated funds, provided they meet the registration requirements under the 1940 Act.

What is the expense ratio of PVQNX?

PIMCO RealPath Blend 2045 Fund Class Institutional (PVQNX) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

What is PVQNX's dividend yield?

PVQNX's trailing-twelve-month yield is 4.96%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PVQNX?

Effective duration measures PVQNX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PVQNX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PVQNX?

PVQNX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PVQNX?

Yield to maturity (YTM) is the total return you'd earn from PVQNX if every bond in the portfolio is held to maturity at the current price. PVQNX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.