About PIRMX
The PIMCO Inflation Response Multi-Asset Fund Institutional is a mutual fund designed to help investors address the challenges posed by rising inflation. Its primary function is to provide a diversified approach to inflation mitigation by investing across a range of global asset classes, including fixed income instruments of various maturities, equities, commodity-linked securities, and derivatives. The fund typically limits its exposure to U.S. securities to no more than 75% of assets, maintaining a global perspective.
Categorized as a global conservative allocation fund, this asset prioritizes the preservation of capital while seeking modest growth, aiming for volatility in line with a 15% to 30% strategic equity allocation. The portfolio is actively managed by a team of experienced professionals at PIMCO, leveraging both traditional and alternative investment strategies to enhance inflation sensitivity while attempting to mitigate equity and interest rate risks. The fund pays quarterly dividends and is particularly notable for its use of inflation-sensitive securities, such as Treasury Inflation-Protected Securities (TIPS), commodities, and related derivatives, positioning it as a potential hedge against sustained increases in consumer prices.
The PIMCO Inflation Response Multi-Asset Fund Institutional plays a significant role in the market as a specialized vehicle for institutional investors seeking an actively managed, multi-asset approach to managing inflation risk within a diversified portfolio.
Fund Family PIMCO
Category Flexible Portfolio
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PIRMX
Share Class Institutional
Index Index is not available on Lipper Database
PIRMX had a total return of 7.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.71%.
