PIMCO Target Return - Managed Fund

Fund Objective

To maximise total returns in excess of the Bloomberg AusBond Bank Bills Index consistent with prudent capital preservation and income generation

Fund Strategy

In pursuing the Fund's investment objective, PIMCO applies a wide range of diverse strategies including Duration analysis, Credit analysis, Relative Value analysis, Sector Allocation and Rotation and security selection. PIMCO's investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in Duration with a view to creating a steady stream of returns.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.27%	2.42%	4.12%	8.83%	7.68%	6.16%	5.22%	3.43%
Growth return	1.27%	2.19%	3.88%	8.58%	7.56%	6.07%	-0.6%	0.01%
Income return	0%	0.23%	0.24%	0.25%	0.12%	0.09%	5.82%	3.42%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.33%	1.05%	3.11%	4.31%	4.73%	3.74%	-0.03%	2.14%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIMCO Target Return

Cash: 0.12%

Fixed Interest: 99.88%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 6.57%

Fixed Interest: 92.51%

Australian Equities: 0.63%

International Equities: 0.02%

Property & Infrastructure: 0.02%

Alternatives: 0.25%

General Information

Fund Details

Type	Description
Fund Name	PIMCO Target Return (Wholesale)
APIR Code	ETL0050AU
Sector/Asset Class	Unconstrained Fixed Income
Morningstar Rating	(as at 30 Apr 2017)
Legal Structure	Investment Fund
Fund Inception	6 Sep 2007
Fund Size	$112.17 million (as at 31 Aug 2025)
Entry Price	$962.8187 (as at 31 Aug 2025)
Exit Price	$961.8559 (as at 31 Aug 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.62% (as at 2 Oct 2023)
Indirect Cost Ratio (ICR)	0.54% (as at 30 Jun 2015)
Minimum initial investment	$30,000,000
Minimum additional investments	$5,000,000
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025)	Type	% of Portfolio
Pimco Abs Rt Stra Iii Offshor A1	Mutual Fund - Unspecified	30.59%
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FAQs about the PIMCO Target Return

What is the objective of the PIMCO Target Return managed fund?

The objective of the PIMCO Target Return managed fund is To maximise total returns in excess of the Bloomberg AusBond Bank Bills Index consistent with prudent capital preservation and income generation

What is the strategy for the PIMCO Target Return managed fund?

The strategy of the PIMCO Target Return managed fund is In pursuing the Fund's investment objective, PIMCO applies a wide range of diverse strategies including Duration analysis, Credit analysis, Relative Value analysis, Sector Allocation and Rotation and security selection. PIMCO's investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in Duration with a view to creating a steady stream of returns.

What is the APIR code of the PIMCO Target Return managed fund?

The APIR code of the PIMCO Target Return managed fund is ETL0050AU.

What was PIMCO Target Return’s total return last month?

PIMCO Target Return’s total return last month was 1.27%. This was made up of a growth return of 1.27% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was PIMCO Target Return’s total return for the last three months?

PIMCO Target Return’s total return for the last three months was 2.42%. This was made up of a growth return of 2.19% and an income return of 0.23%%. These returns were calculated as at 31 Aug 2025.

What is PIMCO Target Return’s one-year total return?

PIMCO Target Return’s one-year total return is 8.83%. This was made up of a growth return of 8.58% and an income return of 0.25%. These returns were calculated as at 31 Aug 2025.

What is PIMCO Target Return’s three-year total return?

PIMCO Target Return’s one-year total return is 6.16%. This was made up of a growth return of 6.07% and an income return of 0.09%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the PIMCO Target Return managed fund?

The asset allocation of the PIMCO Target Return managed fund is :

Cash: 0.12%

Fixed Interest: 99.88%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

What sector/asset class does the PIMCO Target Return managed fund belong to?

The PIMCO Target Return managed fund belongs to the Unconstrained Fixed Income sector/asset class.

What is the size of the PIMCO Target Return managed fund?

As at 31 Aug 2025, the size of the PIMCO Target Return managed fund was $112.17 million.

What is the inception date of the PIMCO Target Return managed fund?

The PIMCO Target Return managed fund has an inception date of 6 Sep 2007.

What is the current entry price of the PIMCO Target Return managed fund?

The current entry price of the PIMCO Target Return managed fund is $962.8187 per unit and the current exit price is $961.8559 per unit (as at 31 Aug 2025).

What is the current exit price of the PIMCO Target Return managed fund?

The current exit price of the PIMCO Target Return managed fund is $961.8559 per unit and the current entry price is $962.8187 per unit (as at 31 Aug 2025).

What is the minimum investment amount for the PIMCO Target Return managed fund?

The minimum initial investment amount for the PIMCO Target Return managed fund is $30,000,000. Minimum additional investment is $5000000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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