SOURCE: PIMCO

PIMCO

May 21, 2015 10:17 ET

PIMCO Launches RealPath Blend, a Semi-Active Target Date Solution

A Cost Conscious Approach Combining Active Fixed Income With Passive Equity

NEWPORT BEACH, CA--(Marketwired - May 21, 2015) - PIMCO, a leading global investment management firm, is expanding its target-date fund offerings with RealPath Blend, which is designed to help investors build wealth while generating enough income to sustain their lifestyles throughout retirement.

"Underpinning RealPath Blend is the same philosophy we've been following since 2008: it's not just how much you have at retirement, it's how much you can afford in retirement that really counts," said Rick Fulford, Executive Vice President and Head of U.S. Retirement at PIMCO.

Powered by the same unique glide path used in RealPath, which is PIMCO's fully active target date solution, RealPath Blend optimizes cost without compromising value by combining active management for fixed income and passive indexing for equity allocations.

PIMCO's distinctive glide path includes investments beyond traditional stocks and bonds that can help deliver strong returns in a variety of market scenarios. In addition, RealPath Blend's explicit focus on downside risk management should limit potential losses in challenging markets.

"RealPath Blend seeks to give savers the confidence and certainty they deserve when planning for retirement by smoothing the experience and helping them stay invested throughout market cycles," said Fulford.

The funds and the ticker symbols for their respective institutional shares are as follows:

     
RealPath Blend, semi-active target date solution:   RealPath, fully active target date solution:
     
PIMCO RealPath Blend Income Fund (PBRNX)   PIMCO RealPath Income Fund (PRIEX)
PIMCO RealPath Blend 2020 Fund (PBZNX)   PIMCO RealPath 2020 Fund (PRWIX)
PIMCO RealPath Blend 2025 Fund (PPZRX)   PIMCO RealPath 2025 Fund (PENTX)
PIMCO RealPath Blend 2030 Fund (PBPNX)   PIMCO RealPath 2030 Fund (PRLIX)
PIMCO RealPath Blend 2035 Fund (PDGZX)   PIMCO RealPath 2035 Fund (PIVIX)
PIMCO RealPath Blend 2040 Fund (PVPNX)   PIMCO RealPath 2040 Fund (PROIX)
PIMCO RealPath Blend 2045 Fund (PVQNX)   PIMCO RealPath 2045 Fund (PFZIX)
PIMCO RealPath Blend 2050 Fund (PPQZX)   PIMCO RealPath 2050 Fund (PRMIX)
PIMCO RealPath Blend 2055 Fund (PRQZX)   PIMCO RealPath 2055 Fund (PRQIX)
     
     

About PIMCO

PIMCO is a leading global investment management firm, with offices in 12 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund's prospectus and summary prospectus, if available, which may be obtained by contacting your investment professional or PIMCO representative or by visiting www.pimco.com/investments. Please read them carefully before you invest or send money.

A word about risk: The funds invest in other funds and performance is subject to underlying investment weightings which will vary. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and the current low interest rate environment increases this risk. Current reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market's perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. Investing in foreign-denominated and/or -domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Inflation-linked bonds (ILBs) issued by a government are fixed-income securities whose principal value is periodically adjusted according to the rate of inflation; ILBs decline in value when real interest rates rise. High yield, lower-rated securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Investments in illiquid securities may reduce the returns of a portfolio because it may be not be able to sell the securities at an advantageous time or price. Equities may decline in value due to both real and perceived general market, economic and industry conditions. Derivatives may involve certain costs and risks, such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO and YOUR GLOBAL INVESTMENT AUTHORITY are trademarks or registered trademarks of Allianz Asset Management of America L.P. and Pacific Investment Management Company LLC, respectively, in the United States and throughout the world. ©2015 PIMCO.

PIMCO Investments LLC, distributor, 1633 Broadway, New York, NY, 10019 is a company of PIMCO.

Contact Information

  • PRESS RELEASE
    Contact:
    Agnes Crane
    PIMCO - Media Relations
    212-739-4212