PIMCO Total Return Portfolio
Data updated: 2026-08-27
C000030636 — PIMCO Total Return Portfolio. Long Total / Aggregate Bond · $3.42B AUM · 0.83% expense ratio. Holdings, fees, performance and SEC filings.
C000030636 Fund Overview
PIMCO Total Return Portfolio is a US mutual fund managed by Brighthouse Funds Trust I, 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: Brighthouse Funds Trust I
- Category: Long Total / Aggregate Bond
- Assets under management: $3.42B
- 1-year return: 5.0%
- SEC CIK: 0001126087
- SEC series ID: S000011100
- Share class ID: C000030636
C000030636 Investment Objective and Strategy
PIMCO Total Return Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brighthouse Funds Trust I.
Investment objective
Maximum total return, consistent with the preservation of capital and prudent investment management.
Principal investment strategy
Pacific Investment Management Company LLC (PIMCO or Subadviser), subadviser to the Portfolio, invests, under normal circumstances, at least 65% of the Portfolios 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. The average portfolio duration of the Portfolio normally varies within two years (plus or minus) of the duration of the Bloomberg U.S. Aggregate Bond Index, as calculated by PIMCO. PIMCO believes that no single risk should dominate returns and, as a result, emphasizes diversification of risks through the use of a wide range of strategies when constructing the investment portfolio. PIMCO seeks to add value through the use of top-down strategies such as exposure to interest rates, duration, changing volatility, yield curve positioning and sector rotation.
In addition, PIMCO employs bottom-up strategies involving analysis and selection of specific securities. By combining top-down and bottom-up strategies, PIMCO seeks to add value over time while incurring, in PIMCOs estimation, acceptable levels of portfolio risk. Principal investments include securities issued or guaranteed by the U.S. Government, its agencies or government-sponsored enterprises; corporate debt securities of U.S. and non-U.S. issuers, including convertible securities and corporate commercial paper; mortgage-backed and other asset-backed securities, including collateralized loan obligations; inflation-indexed bonds issued both by governments and corporations; structured notes, including hybrid or indexed securities and event-linked bonds; bank capital and trust preferred securities; loan participations and assignments; delayed funding loans and revolving credit facilities; bank certificates of deposit, fixed time deposits and bankers acceptances; repurchase agreements and reverse repurchase agreements; securities issued pursuant to Rule 144A under the Securities Act of 1933; debt securities issued by states or local governments and their agencies, authorities and other government-sponsored enterprises; obligations of non-U.S.
governments or their subdivisions, agencies and government-sponsored enterprises; and obligations of international agencies or supranational entities. The Portfolio invests primarily in investment grade debt securities, but may invest up to 15% of its total assets in high yield securities (commonly called junk bonds) rated B or higher by Moodys Ratings or equivalently rated by Standard & Poors Ratings Services or Fitch, Inc., or if unrated, determined by PIMCO to be of comparable quality (except that within such 15% limitation, the Portfolio may invest in mortgage-related securities rated below B). The Portfolio also may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.
The Portfolio may invest up to 15% of its total assets in securities and instruments that are economically tied to emerging market countries. Foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) normally will be limited to 20% of the Portfolios total assets. The Portfolio may invest up to 10% of its total assets in preferred stock, convertible securities and other equity related securities. The Portfolio may invest all of its assets in derivative instruments, such as options, futures contracts or swap agreements (including credit default swap contracts), or in mortgage- or asset-backed securities. The Portfolio may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales to a significant extent.
The Portfolio 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 Portfolio consists of income earned on the Portfolios investments, plus capital appreciation, if any, which generally arises from decreases in interest rates or improving credit fundamentals for a particular sector or security.
C000030636 Holdings
Top 10 holdings of PIMCO Total Return Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 9.52% |
| Umbs, Tba | 7.96% |
| Umbs, Tba | 3.93% |
| Umbs, Tba | 2.71% |
| Umbs, Tba | 2.64% |
| United States Treasury | 2.56% |
| Citigroup Global Markets, Inc. | 1.92% |
| United States Treasury | 1.88% |
| Umbs, Tba | 1.84% |
| United States Treasury | 1.76% |
C000030636 Portfolio Allocation
Asset-class allocation of PIMCO Total Return Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 75.6% |
| Securitized | 61.7% |
| Cash & Equivalents | 2.2% |
| Real Estate | 1.6% |
| Derivatives | 0.8% |
| Loans | 0.3% |
C000030636 Performance
Total returns for C000030636 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 5.0% |
| 3 years (annualised) | 5.4% |
| 5 years (annualised) | 0.4% |
C000030636 Risk Information
Risk metrics for C000030636, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.7%
C000030636 Costs and Fees
C000030636 costs about $83 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.83%
- Gross expense ratio: 0.85%
- Portfolio turnover: 522%
- Brokerage commissions: 0.30 bps of average net assets (SEC N-CEN)
C000030636 Cashflows
Over the 12 months to 2026-06, PIMCO Total Return Portfolio had net outflows of $175.81M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $138.84M |
| 2026-05 | −$7.47M |
| 2026-04 | −$34.01M |
| 2026-03 | −$69.05M |
| 2026-02 | −$20.12M |
| 2026-01 | −$16.92M |
C000030636 Debt Constituents
Largest debt holdings of PIMCO Total Return Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 2.56% |
| United States Treasury | 1.88% |
| United States Treasury | 1.76% |
| United States Treasury | 1.62% |
| United States Treasury | 1.52% |
| Republic Of South Africa | 1.07% |
| Beignet Investor LLC | 1.01% |
| Buoni Poliennali Del Tes | 0.92% |
| United States Treasury | 0.87% |
| United States Treasury | 0.81% |
C000030636 Prospectus and SEC Filings
Official PIMCO Total Return Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
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.