PGMAX

About PGMAX

PIMCO Global Core Asset Allocation Fund Class A is a multi-asset mutual fund designed to seek a total return exceeding a blend of global equities and fixed income, specifically targeting performance above 60% MSCI All Country World Index and 40% Barclays Global Aggregate Bond Index. The fund utilizes a dynamic asset allocation approach by investing in a broad spectrum of asset classes and other investment vehicles worldwide. Its portfolio includes a mix of equities, government and corporate bonds, exchange-traded funds, and unique financial instruments such as total return swaps. The fund's strategy is rooted in global macroeconomic views, aiming for diversification and risk management across regions and asset classes. Managed by PIMCO’s experienced investment team, the fund holds nearly 1,000 positions, reflecting significant diversification. PIMCO Global Core Asset Allocation Fund Class A plays a prominent role in the market for investors seeking exposure to global multi-asset strategies, though it is notable for its higher-than-average expense ratio relative to peers and a semi-annual distribution policy.