PIMCO Long-Term Real Return Fund (PRAIX)
The investment seeks maximum real return, consistent with prudent investment management. The fund invests at least 80% of its net assets in inflation-indexed bonds of varying maturities issued by the U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations. Assets not invested in inflation-indexed bonds may be invested in other types of Fixed Income Instruments. It invests primarily in investment grade securities, but may invest up to 20% of its total assets in junk bonds rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.
Fund Info
US72200Q5053
Nov 11, 2001
$1,000,000
Expense Ratio
PRAIX features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
PIMCO Long-Term Real Return Fund had a return of 2.46% year-to-date (YTD) and 1.94% in the last 12 months. Over the past 10 years, PIMCO Long-Term Real Return Fund had an annualized return of -3.50%, while the S&P 500 had an annualized return of 11.31%, indicating that PIMCO Long-Term Real Return Fund did not perform as well as the benchmark.
PRAIX
2.46%
2.73%
-5.74%
1.94%
-11.18%
-3.50%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PRAIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.03% | 2.46% | |||||||||||
| 2024 | -0.07% | -2.13% | 0.83% | -5.41% | 3.87% | 0.90% | 3.76% | 1.37% | 2.69% | -4.55% | 0.85% | -5.67% | -4.12% |
| 2023 | 4.92% | -2.79% | 3.29% | -0.27% | -1.95% | 0.83% | -1.68% | -3.64% | -6.82% | -4.52% | 7.84% | 6.07% | 0.14% |
| 2022 | -6.24% | 0.19% | -3.00% | -7.35% | -6.29% | -7.48% | 8.84% | -4.12% | -15.53% | 2.10% | 5.72% | -5.73% | -34.34% |
| 2021 | -0.61% | -5.97% | -2.13% | 2.34% | 2.26% | 3.51% | 4.32% | -0.14% | -2.07% | 2.27% | 3.87% | -8.79% | -2.07% |
| 2020 | 7.02% | 2.69% | -1.53% | 6.79% | -0.49% | 1.72% | 7.12% | -0.73% | -0.27% | -1.65% | 3.36% | -25.03% | -5.45% |
| 2019 | 2.86% | -0.96% | 4.59% | -0.25% | 5.04% | -0.25% | 1.30% | 8.01% | -3.07% | -0.74% | 1.10% | -3.16% | 14.78% |
| 2018 | -1.39% | -3.06% | 1.83% | 0.30% | -0.34% | 1.69% | -0.88% | 0.43% | -2.39% | -4.49% | 0.82% | 0.99% | -6.48% |
| 2017 | 1.50% | 1.57% | -0.20% | 0.88% | -0.08% | -1.30% | 0.38% | 2.32% | -1.06% | 0.71% | 0.97% | 2.89% | 8.85% |
| 2016 | 1.72% | 1.31% | 4.22% | 1.01% | -1.41% | 3.95% | 3.04% | -0.09% | 0.51% | -1.43% | -4.20% | -0.67% | 7.90% |
| 2015 | 5.41% | -2.23% | -1.13% | 0.15% | -2.54% | -2.46% | 1.76% | -2.50% | -2.22% | 1.59% | -0.34% | -2.01% | -6.63% |
| 2014 | 4.27% | 0.99% | -0.45% | 2.57% | 3.71% | 0.40% | 0.66% | 1.79% | -4.71% | 1.83% | 0.75% | -1.17% | 10.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PRAIX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Long-Term Real Return Fund (PRAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO Long-Term Real Return Fund provided a 4.56% dividend yield over the last twelve months, with an annual payout of $0.54 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.54 | $0.54 | $0.60 | $1.55 | $1.40 | $0.77 | $0.78 | $0.72 | $0.71 | $0.39 | $0.48 | $0.46 |
Dividend yield | 4.56% | 4.63% | 4.75% | 11.72% | 6.32% | 3.20% | 2.97% | 3.06% | 2.76% | 1.58% | 2.09% | 1.83% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.01 | $0.00 | $0.01 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.05 | $0.11 | $0.13 | $0.07 | $0.04 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.54 |
| 2023 | $0.02 | $0.00 | $0.04 | $0.09 | $0.06 | $0.10 | $0.05 | $0.06 | $0.04 | $0.08 | $0.05 | $0.00 | $0.60 |
| 2022 | $0.09 | $0.07 | $0.16 | $0.20 | $0.29 | $0.13 | $0.21 | $0.25 | $0.01 | $0.01 | $0.05 | $0.09 | $1.55 |
| 2021 | $0.00 | $0.02 | $0.09 | $0.12 | $0.14 | $0.16 | $0.16 | $0.18 | $0.11 | $0.05 | $0.05 | $0.32 | $1.40 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.04 | $0.45 | $0.77 |
| 2019 | $0.01 | $0.01 | $0.02 | $0.06 | $0.17 | $0.14 | $0.06 | $0.01 | $0.04 | $0.01 | $0.03 | $0.22 | $0.78 |
| 2018 | $0.00 | $0.00 | $0.12 | $0.14 | $0.07 | $0.12 | $0.11 | $0.05 | $0.01 | $0.02 | $0.04 | $0.05 | $0.72 |
| 2017 | $0.01 | $0.00 | $0.16 | $0.10 | $0.04 | $0.10 | $0.03 | $0.03 | $0.00 | $0.09 | $0.15 | $0.01 | $0.71 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 | $0.13 | $0.01 | $0.02 | $0.06 | $0.05 | $0.39 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 | $0.07 | $0.08 | $0.01 | $0.01 | $0.01 | $0.19 | $0.48 |
| 2014 | $0.02 | $0.03 | $0.01 | $0.02 | $0.14 | $0.10 | $0.05 | $0.04 | $0.00 | $0.00 | $0.01 | $0.03 | $0.46 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 83.20%, occurring on Mar 24, 2023. The portfolio has not yet recovered.
The current PIMCO Long-Term Real Return Fund drawdown is 52.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.2% | Dec 11, 2012 | 2589 | Mar 24, 2023 | — | — | — |
| -24.97% | Mar 13, 2008 | 178 | Nov 24, 2008 | 395 | Jun 22, 2010 | 573 |
| -17.18% | Nov 3, 2010 | 69 | Feb 10, 2011 | 119 | Aug 2, 2011 | 188 |
| -15.84% | Nov 8, 2011 | 23 | Dec 9, 2011 | 247 | Dec 6, 2012 | 270 |
| -12.78% | Jun 16, 2003 | 32 | Jul 31, 2003 | 144 | Feb 26, 2004 | 176 |
Volatility
Volatility Chart
The current PIMCO Long-Term Real Return Fund volatility is 3.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.