PIMCO All Asset All Authority Fund (PAUAX)

PIMCO All Asset All Authority Fund (PAUAX) is a popular fund of funds. This mutual fund utilizes its assets to purchase Institutional Class or Class M shares of any funds of the Trust or PIMCO Equity Series or PIMCO ETF Trust. This mutual fund also has a high yield.

PAUAX Fund Profile

• Fund Inception Date: 07/29/2005
• Ticker Symbol: PAUAX
• CUSIP: 72200Q232
• Beta (3yr): 0.93
• Rank in category (YTD): 82%
• Category: Tactical Allocation
• Distribution Yield: 5.05%
• Capital Gains: -
• Expense Ratio: 1.68%
• Net Assets: $ 24.7 billion
• Number of Years Up: 6 years
• Number of Years Down: 2 years
• Annual Turnover Rate: 65%

PIMCO All Asset All Authority Fund Info

The current fund manager is Robert D. Arnott since 2003. This popular tactical allocation fund has large total net assets of $24.7 billion. It also has annual expense ratio of 1.68. It has a high dividend yield of 5.05%.

The most recent distribution was given in April 2014 in the amount of $0.07.

Tactical Allocation Mutual Fund

Morningstar analysts rank this PIMCO All Asset All Authority fund with 2-stars and Silver ratingSince the inception in 2003, this fund has returned in 6 years of positive return. It has its best 1-year total return in 2009 (18.65%). Based on the load adjusted returns, it has returned 3.70% over the past 5 years and 4.92% over the past 10-years.

More: Best PIMCO Funds

This load fund is available for purchase through 106 brokerages, such as Scottrade, E TRADE Financial, Schwab Institutional, TD Ameritrade, Matrix Financial Solutions, etc. The minimum initial investment is $1,000.

The top holdings as of November 2014 are PIMCO StocksPLUS AR Short Strategy Institutional, PIMCO Income Institutional, PIMCO Emerging Local Bond Institutional, PIMCO Emerging Markets Currency Institutional, and PIMCO Worldwide Fundamental Advantage AR Strategy Institutional. Top 3 sectors are consumer defensive, energy, and financial services.

More: PIMCO Investment Grade Corporate Bond Fund

According to the fund’s website, the principal risks of investing in this PIMCO fund are market risk, interest rate risk, credit risk, investment style risk, income risk and derivatives risk.

Other classes of this fund are:

• PIMCO All Asset All Authority A LW (PAUAX.LW)
• PIMCO All Asset All Authority Admin
• PIMCO All Asset All Authority C (PAUCX)
• PIMCO All Asset All Authority D (PAUDX)
• PIMCO All Asset All Authority Institutional (PAUIX)
• PIMCO All Asset All Authority P (PAUPX)