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PTFAX PIMCO RAE Fundamental Advantage PLUS A Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Industry description

The investment seeks maximum total return, consistent with prudent investment management. 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 S&P 500 Index ("S&P 500"), and complementing this equity market neutral exposure with absolute return bond alpha strategy. It may invest up to 25% of its total assets in securities and instruments that are economically tied to emerging market countries. The fund may also invest up to 10% of its total assets in preferred securities.
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Equity Market Neutral
Address
PIMCO Investments LLC distributor1633 BroadwayNew York
Phone
1-212-739-3000
Web
www.pimco.com
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PTFAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PTFAX has been loosely correlated with VMNIX. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if PTFAX jumps, then VMNIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTFAX
1D Price
Change %
PTFAX100%
N/A
VMNIX - PTFAX
46%
Loosely correlated
-0.35%
CBHAX - PTFAX
11%
Poorly correlated
N/A
CBHCX - PTFAX
11%
Poorly correlated
N/A
CBHIX - PTFAX
10%
Poorly correlated
N/A
COGMX - PTFAX
10%
Poorly correlated
-0.08%
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