PAALX

About PAALX

PIMCO All Asset Fund Administrative Class is a tactical allocation mutual fund designed to pursue maximum real return while maintaining prudent risk management. Its primary purpose is to offer diversified exposure by investing across a broad spectrum of asset classes, utilizing a systematic value-oriented approach led by experienced management. The fund achieves diversification by allocating substantially all its assets into a variety of underlying PIMCO funds, representing a mix of equities, fixed income, and alternative strategies—evident in significant holdings such as low duration bonds, total return strategies, international and emerging market bonds, and managed futures. A notable feature of the fund is its dynamic allocation process, allowing it to shift weights among sectors and regions based on the manager’s assessment of relative value and long-term return potential. This results in distinct portfolio exposures that may diverge meaningfully from conventional balanced or world allocation funds. The fund targets investors seeking inflation-protected, real-return optimization rather than strictly capital appreciation or income. With over $11 billion in assets and a below-average expense profile, it is positioned as a diversified solution within the tactical allocation category, offering potential stability and flexibility through market cycles.