PIMCO Long-Term Real Return Fund (PRAIX)

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The chart shows the growth of an initial investment of $10,000 in PIMCO Long-Term Real Return Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PIMCO Long-Term Real Return Fund (PRAIX) has returned -1.89% so far this year and -2.46% over the past 12 months. Over the last ten years, PRAIX has returned 0.87% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2002, PRAIX's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, your investment would double in approximately 13.2 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2008 with a return of +11.7%, while the worst month was Sep 2022 at -15.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PRAIX closed higher 49% of trading days. The best single day was Mar 20, 2020 with a return of +12.7%, while the worst single day was Mar 17, 2020 at -7.6%.

PIMCO Long-Term Real Return Fund has an annualized alpha of 6.37%, beta of -0.08, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 03, 2002.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.79%) than losses (10.01%) — typical of diversified or defensive assets.
• Beta of -0.08 may look defensive, but with R² of 0.02 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.02 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PRAIX has an expense ratio of 0.50%, placing it in the medium range.

PRAIX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for PIMCO Long-Term Real Return Fund (PRAIX) and compare them to a chosen benchmark (S&P 500 Index).

PIMCO Long-Term Real Return Fund provided a 4.63% dividend yield over the last twelve months, with an annual payout of $0.52 per share.

The table displays the monthly dividend distributions for PIMCO Long-Term Real Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the PIMCO Long-Term Real Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PIMCO Long-Term Real Return Fund was 43.52%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current PIMCO Long-Term Real Return Fund drawdown is 35.44%.

The chart below shows the rolling one-month volatility.