PIMCO All Asset Fund (PASAX) Class A

PIMCO bond mutual funds are among the top mutual fund for investor to invest in. Pimco CEO Mohamed El-Erian and PIMCO CIO Bill Gross are among the top fund managers managing various mutual funds offered by PIMCO. One of the top balanced funds offered by PIMCO is PIMCO All Asset A (PASAX) fund.


The PIMCO All Asset A fund primary objective is to seek maximum real return, consistent with real capital preservation and prudent investment management. This Hybrid fund typically invests all of its assets in Institutional Class or Class M shares of other PIMCO funds except the All Asset All Authority fund, Global Multi-Asset and the RealRetirement funds. This balanced fund is classified as non-diversified mutual fund, however it invests in diversified underlying holdings.

Fund Details
  • Fund Inception Date: 04/30/2003
  • Ticker Symbol: PASAX
  • CUSIP: 72200Q711
  • Beta (3yr): 0.71
  • Rank in category (YTD): 18%
  • Category: World Allocation
  • Distribution Rate: 7.32%
  • Capital Gains: 0%
  • Expense Ratio: 0.76%
  • Sales Load: 3.75%
  • Net Assets: $ 24.25 billion
  • Number of Years Up: 6 years
  • Number of Years Down: 1 year
  • Annual Turnover Rate: 77%
Updated on 1/4/2012

PIMCO All Asset Fund details
Since its inception, this world allocation balanced fund has been managed by Robert D. Arnott. Arnott has started managing the Institutional Class of this balanced fund (ticker: PAAIX) since its inception in July 2002. The dividend of this fund is distributed quarterly. The dividend yield is 7.32%. The most recent dividend distribution was in September 2011 ($0.15). This PASAX fund has total net assets of $24.25 billion.

Morningstar gave this PASAX fund with 4-stars rating for its performance. This best hybrid fund has recorded 6 years of positive return within the 7 years of its inception. The only year when it contributed negative return so far was in 2008 with -15.91%. The best 1-year total return was in 2009 (22.20%). Based on the load adjusted return, this fund has returned 13.65% over the past 3-year and 3.80% over the past 5-year.

To buy this top rated PIMCO fund, investor may need a minimum initial investment of $1,000 for his/her brokerage account. The minimum subsequent investment is $50. This amount also applies for IRA account (i.e. tax deferred account) as well. This fund has 12b1 fee of 0.25% and the front-end sales load fee is 3.75%. This fund is available at 96 brokerages like Edward Jones, Raymond James, E Trade Load Fee, Prudential Retail, Firstrade, Morgan Stanley Advisors, etc. This fund is available in many other classes such as:
  • Class B: PASBX
  • Class C: PASCX
  • Class D: PASDX
  • Class P: PALPX
  • Class R: PATRX
  • Class Institutional: PAAIX
  • Class Admin: PAALX
The top strategies as of November 30, 2011 are Credit Strategies (29.20%), EM and Global Bond Strategies (23.00%), Inflation Rated Strategies (17.53%), Global Equity Strategies (13.42%), US Core and Long Maturity Bond Strategies (8.26%), Alternative Bond Strategies (4.27%) and US Equity Strategies (4.25%).

Investing Risk

According to the fund’s prospectus, the Principal Investment Risks of this balanced fund are Allocation Risks, Underlying PIMCO Fund Risk, Issuer Non-Diversification Risk, Interest Rate Risk, Credit Risk, High Yield Risk, Distressed Company Risk, Market Risk, Issuer Risk, Liquidity Risk, Derivatives Risk, Commodity Risk, Equity Risk, Mortgage-Related and Other Asset-Backed Risk, Foreign (non-U.S.) Investment Risk, Real Estate Risk, Emerging Markets Risk, Currency Risk, leveraging risk, and more.

  • Low portfolio turnover rate
  • Low expense ratio fee and highly rated
  • Low minimum to invest (only $1,000)
  • It has a sales load

Disclosure: No Position

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