PIMCO Commodity and Real Ret Bd Alp Inst (PCRIX)
PIMCO Commodity and Real Ret Bd Alp Inst operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $16.40, down 0.85% on the session, giving a market capitalisation of $4.08B. Its beta of 0.95 implies it has historically moved less than the broad market.
The fund aims to achieve the highest possible real (inflation-adjusted) return, always adhering to sound investment principles. Its main strategy involves investing, under normal market conditions, in derivative instruments tied to commodities. These derivatives are underpinned by a diversified portfolio that includes inflation-indexed securities and various other fixed-income assets. Such fixed-income holdings comprise a wide range of debt instruments, like bonds and other securities, issued by public or private sector entities in both the U.S. and other countries. The fund also has the option to deploy capital into commodity index-linked notes, which can be structured with or without leverage.
PIMCO Commodity and Real Ret Bd Alp Inst is most often compared with the following Financial Services names: