PBLLX

About PBLLX

PIMCO RealPath Blend 2065 Fund A is a target-date mutual fund designed to support investors planning to retire around the year 2065. Its primary purpose is to provide a comprehensive investment solution that begins with a higher allocation to growth-oriented assets and gradually shifts toward a more conservative allocation as the target retirement year approaches. The fund employs a diversified approach, blending actively managed fixed income strategies from PIMCO with passively managed equity exposures offered through Vanguard funds. Beyond traditional equities and bonds, the portfolio can include assets such as real estate, emerging market securities, commodities, high-yield bonds, and Treasury Inflation-Protected Securities, enhancing diversification. The asset allocation follows a glide path that becomes more defensive over time, aiming to reduce risk and preserve capital closer to retirement. This fund serves as a core retirement holding for investors seeking a set-it-and-forget-it solution aligned with a specific retirement date, contributing to retirement planning within defined contribution and benefit plans. Risk mitigation features are emphasized, particularly as the fund nears its target date, positioning it as part of a strategy to support income replacement and standard of living during retirement.