PIMCO Total Return Fund II

C000026657 Fund Overview

PIMCO Total Return Fund II is a US mutual fund managed by PIMCO Funds, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: PIMCO Funds
• Category: Long Total / Aggregate Bond
• Assets under management: $614.78M
• 1-year return: -2.7%
• SEC CIK: 0000810893
• SEC series ID: S000009709
• Share class ID: C000026657

C000026657 Investment Objective and Strategy

PIMCO Total Return Fund II describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Funds.

Investment objective

The Fund seeks maximum total return, consistent with preservation of capital and prudent investment management.

Principal investment strategy

"The Fund seeks to achieve its investment objective by investing under normal circumstances at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. ""Fixed Income Instruments"" include bonds, debt securities and other similar instruments issued by various U.S. public- or private-sector entities. The average portfolio duration of this Fund normally varies within two years (plus or minus) of the portfolio duration of the securities comprising the Bloomberg Barclays U.S. Aggregate Index, as calculated by Pacific Investment Management Company LLC (""PIMCO""), which as of May 31, 2018 was 5.70 years. Duration is a measure used to determine the sensitivity of a security's price to changes in interest rates.

The longer a security's duration, the more sensitive it will be to changes in interest rates. The Fund may invest only in investment grade U.S. dollar denominated securities of U.S. issuers that are rated at least Baa by Moody's Investors Service, Inc. (""Moody's""), or equivalently rated by Standard & Poor's Ratings Services (""S&P"") or Fitch, Inc. (""Fitch""), or, if unrated, determined by PIMCO to be of comparable quality. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Fund's prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales.

The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls). The ""total return"" sought by the Fund consists of income earned on the Fund's investments, plus capital appreciation, if any, which generally arises from decreases in interest rates or improving credit fundamentals for a particular sector or security. The Fund may also invest up to 10% of its total assets in preferred securities."

C000026657 Holdings

Top 10 holdings of PIMCO Total Return Fund II by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000026657 holdings

C000026657 Portfolio Allocation

Asset-class allocation of PIMCO Total Return Fund II by percentage of net assets, from the latest SEC N-PORT filing.

C000026657 Performance

Total returns for C000026657 (as of 2026-10-01), from SEC filings.

C000026657 Risk Information

Risk metrics for C000026657, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.4%

C000026657 Costs and Fees

C000026657 costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.75%
• Portfolio turnover: 387%
• Brokerage commissions: 0.54 bps of average net assets (SEC N-CEN)

C000026657 Cashflows

Over the 12 months to 2026-06, PIMCO Total Return Fund II had net inflows of $30.63M, from monthly SEC N-PORT filings.

C000026657 Debt Constituents

Largest debt holdings of PIMCO Total Return Fund II by percentage of net assets, from the latest SEC N-PORT filing.

C000026657 Prospectus and SEC Filings

Official PIMCO Total Return Fund II filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2024-07-25
• Prospectus supplement (497) — filed 2024-08-01
• Prospectus supplement (497) — filed 2024-01-08
• Portfolio holdings (N-PORT) — filed 2026-08-31
• Portfolio holdings (N-PORT) — filed 2026-05-29
• Portfolio holdings (N-PORT) — filed 2026-03-02
• Annual census (N-CEN) — filed 2026-06-11
• Annual census (N-CEN) — filed 2025-06-13

Related Funds

Other Long Total / Aggregate Bond funds tracked on ABC INVEST:

• Dodge & Cox Income Fund (DODIX)
• Bond Fund Of America (ABNDX)
• Fidelity U.S. Bond Index Fund (FUBFX)
• Baird Aggregate Bond Fund (BAGIX)
• PGIM Total Return Bond Fund (PDBAX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.