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PIMCO Long Duration Total Return Fund (PLRIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks maximum total return, consistent with prudent investment management. The fund invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. It may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.

Looking to diversify beyond PLRIX? The mutual funds below have the lowest correlation with PLRIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PLRIX.

Best Diversifiers for PLRIX

1 mutual funds have low correlation with PLRIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Series Floating Rate High Income Fund (FFHCX) (High Yield Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.13 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FFHCX
Fidelity Series Floating Rate High Income Fund0.120.120.13
93
High Yield BondsPLRIX vs FFHCX
PMJIX
PIMCO RAE US Small Fund0.320.240.08
72
Small Cap Value EquitiesPLRIX vs PMJIX

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