Pimco Fundamental Advantage Fund Quote

PTFAX Fund  USD 8.30  0.03  0.36%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 40

 
100  
 
Zero
Below Average
Pimco Fundamental is trading at 8.30 as of the 28th of March 2024; that is 0.36% increase since the beginning of the trading day. The fund's open price was 8.27. Pimco Fundamental has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Pimco Fundamental Advantage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its investment objective under normal circumstances by obtaining long exposure to a portfolio of stocks and short exposure to the SP 500 Index , and complementing this equity market neutral exposure with absolute return bond alpha strategy. More on Pimco Fundamental Advantage

Pimco Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pimco Fundamental's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pimco Fundamental or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationPIMCO Funds, Large Growth Funds, Equity Market Neutral Funds, Equity Market Neutral, PIMCO (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of August 2022
Fiscal Year EndMarch
Pimco Fundamental Advantage [PTFAX] is traded in USA and was established 28th of March 2024. Pimco Fundamental is listed under PIMCO category by Fama And French industry classification. The fund is listed under Equity Market Neutral category and is part of PIMCO family. This fund at this time has accumulated 640.08 M in assets with minimum initial investment of 1 K. Pimco Fundamental is currently producing year-to-date (YTD) return of 2.13% with the current yeild of 0.06%, while the total return for the last 3 years was 0.76%.
Check Pimco Fundamental Probability Of Bankruptcy

Instrument Allocation

Pimco Fundamental Target Price Odds Analysis

Based on a normal probability distribution, the odds of Pimco Fundamental jumping above the current price in 90 days from now is about 1.05%. The Pimco Fundamental Advantage probability density function shows the probability of Pimco Fundamental mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Pimco Fundamental Advantage has a beta of -0.1046 indicating as returns on benchmark increase, returns on holding Pimco Fundamental are expected to decrease at a much lower rate. During the bear market, however, Pimco Fundamental Advantage is likely to outperform the market. Additionally, pimco Fundamental Advantage has an alpha of 0.0487, implying that it can generate a 0.0487 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.3HorizonTargetOdds Above 8.3
98.89%90 days
 8.30 
1.05%
Based on a normal probability distribution, the odds of Pimco Fundamental to move above the current price in 90 days from now is about 1.05 (This Pimco Fundamental Advantage probability density function shows the probability of Pimco Mutual Fund to fall within a particular range of prices over 90 days) .

Pimco Fundamental Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pimco Fundamental market risk premium is the additional return an investor will receive from holding Pimco Fundamental long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pimco Fundamental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pimco Fundamental's alpha and beta are two of the key measurements used to evaluate Pimco Fundamental's performance over the market, the standard measures of volatility play an important role as well.

Pimco Fundamental Against Markets

Picking the right benchmark for Pimco Fundamental mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pimco Fundamental mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pimco Fundamental is critical whether you are bullish or bearish towards Pimco Fundamental Advantage at a given time. Please also check how Pimco Fundamental's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pimco Fundamental without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Pimco Mutual Fund?

Before investing in Pimco Fundamental, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pimco Fundamental. To buy Pimco Fundamental fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pimco Fundamental. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Pimco Fundamental fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Pimco Fundamental Advantage fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Pimco Fundamental Advantage fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Pimco Fundamental Advantage, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Pimco Fundamental Advantage?

The danger of trading Pimco Fundamental Advantage is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pimco Fundamental is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pimco Fundamental. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pimco Fundamental is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pimco Fundamental Advantage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Pimco Fundamental information on this page should be used as a complementary analysis to other Pimco Fundamental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Pimco Mutual Fund analysis

When running Pimco Fundamental's price analysis, check to measure Pimco Fundamental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pimco Fundamental is operating at the current time. Most of Pimco Fundamental's value examination focuses on studying past and present price action to predict the probability of Pimco Fundamental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pimco Fundamental's price. Additionally, you may evaluate how the addition of Pimco Fundamental to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Pimco Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Fundamental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.