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PIMCO Long-Term Credit Bond Fund (PTCIX) Diversifiers

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

The investment seeks total return which exceeds that of its benchmark, consistent with preservation of capital and prudent investment management. The fund normally invests at least 80% of its 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. It invests primarily in investment grade debt securities, but may invest up to 20% of its total assets in junk bonds that are 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.

Looking to diversify beyond PTCIX? The mutual funds below have the lowest correlation with PTCIX — 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 PTCIX.

Best Diversifiers for PTCIX

0 mutual funds have low correlation with PTCIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) (High Yield Bonds) with a 1Y correlation of 0.33, down from 0.44 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FHYTX
Federated Hermes Opportunistic High Yield Bond Fun...0.330.460.44
52
High Yield BondsPTCIX vs FHYTX
PMJIX
PIMCO RAE US Small Fund0.370.300.16
72
Small Cap Value EquitiesPTCIX vs PMJIX

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Diversification Analysis

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