PIMCO RealPath Blend 2040 Institutional (PVPNX)

Fund Assets	621.28M
Expense Ratio	0.407%
Min. Investment	$1,000,000
Turnover	15.00%
Dividend (ttm)	0.66
Dividend Yield	3.58%
Dividend Growth	64.98%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 10, 2026

Previous Close	18.33
YTD Return	9.77%
1-Year Return	12.24%
5-Year Return	45.26%
52-Week Low	16.50
52-Week High	18.95
Beta (5Y)	0.79
Holdings	23
Inception Date	Dec 31, 2014

About PVPNX

PIMCO RealPath Blend 2040 Fund Institutional Class is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. The fund employs a diversified asset allocation strategy, adjusting its mix of stocks, bonds, and cash equivalents over time to align with a glide path that becomes more conservative as the target date approaches. Its core purpose is to maximize total return while maintaining prudent investment management, offering a professionally managed solution for long-term retirement savings. The fund is part of a broader series of target-date portfolios, each tailored to specific projected retirement years, enabling investors to select a fund that best matches their retirement timeline. The management team actively rebalances the portfolio, gradually shifting from higher-growth, equity-oriented allocations toward more income- and capital-preservation-focused assets as 2040 draws nearer. By integrating various asset classes, the fund provides exposure to multiple sectors and geographies, aiming to manage risk and capitalize on growth opportunities throughout the investment horizon. PIMCO RealPath Blend 2040 Fund Institutional Class is notable for its disciplined, benchmark-driven strategy targeting individuals with a definitive retirement date in mind.

• Fund Family: PIMCO
• Category: Target-Date 2040
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PVPNX
• Share Class: Institutional Class
• Index: S&P Target Date 2040 TR

Performance

PVPNX had a total return of 12.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.82%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PVPAX	Class A	0.82%

Top 10 Holdings

95.60% of assets

Name	Symbol	Weight
Vanguard Institutional Index Instl Pl	VIIIX	41.45%
Vanguard Developed Markets Index Ins Pls	VDIPX	18.62%
Vanguard Emerging Mkts Stock Idx Instl	VEMIX	9.01%
PIMCO Total Return Instl	PTTRX	6.69%
PIMCO Income Instl	PIMIX	3.85%
Vanguard MStar Small Cap Index Instl	VSCIX	3.85%
PIMCO Long-Term Real Return Instl	PRAIX	3.66%
PIMCO Emerging Mkts Lcl Ccy and Bd Instl	PELBX	3.20%
PIMCO Real Return Instl	PRRIX	2.85%
PIMCO Long-Term US Government Instl	PGOVX	2.42%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 10, 2026	$0.10328	Sep 10, 2026
Jun 11, 2026	$0.17557	Jun 11, 2026
Mar 12, 2026	$0.04391	Mar 12, 2026
Dec 30, 2025	$0.33626	Dec 30, 2025
Dec 11, 2025	$0.40868	Dec 11, 2025
Sep 11, 2025	$0.04321	Sep 11, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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