Nic Johnson’s upcoming retirement at the end of March 2022 places PIMCO CommoditiesPLUS in the hands of its longtime comanager, Greg Sharenow. Though Johnson’s presence will be missed, the team remains full of skilled and experienced commodity experts that instill confidence. The strategy retains its Morningstar Analyst Rating of Silver for its cheapest share classes, while the more expensive are rated Bronze.
Morningstar’s Fund Analysis PCLIX
Will PCLIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PCLIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PCLIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PCLIX’s parent organization’s priorities and whether they’re in line with investors’ interests.