Why would this be Owned by a Top Asset Mgmnt. Firm > WMRIX?
Something else must be going on and I can't see the " Forest Thru the Trees" why would you want to own this fund Vs Index or even Fido's Energy Fund> FNARX..?
PCRBX
Commodities Funds
And "Nice Low Expenses" Too...
Expenses
 | 5 Year | | $3,495 |
Class Average $711
Fees and expenses
| Front load | 5.50% |
| Deferred load | 0.00% |
| Expense Ratio | 1.24% |
| Category | Specialty-Natural Res |
| Net Assets | 2.51 Bil | Dividend Yield | 5.34% |
| Morningstar ratings: | Minimum Initial Purchase | 5,000 |
| Risk | Low | 1 Year Return | 36.90% |
| Rating |  | 3 Year Return | 15.60% |
| Return | Low | 5 Year Return | 17.21% |
Nice "Low" turnover too:
turnover ratio is 603%.
The investment seeks maximum real return consistent with prudent investment management. The fund normally invests in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other fixed income instruments. It may invest up to 30% of total assets in securities denominated in foreign currencies and may invest beyond this limit in .S. dollar denominated securities of foreign issuers. The fund invests up to 10% of total assets in high yield securities. It is nondiversified.
Vs INDEX
| | PCRBX | VGENX | FNARX |
|---|
| Name | PIMCO CommodityRealRet Strat B | Vanguard Energy | Fidelity Select Natural Resources |
| Category | Specialty-Natural Res | Specialty-Natural Res | Specialty-Natural Res |
| What is the fund's size? |
|---|
| Net Assets | $246 Mil | $9,428 Mil | $2,681 Mil |
| What does the fund hold? |
|---|
| Assets in stocks | NA | 94.1% | 99.5% |
| Assets in bonds | 26.0% | 0.1% | NA |
| Assets in cash | 70.3% | 5.7% | 0.5% |
| Number of stocks | 1,295 | 102 | 164 |
| Turnover ratio | 603% | 22% | 44% |
| Average PE | 0.00 | 14.60 | 16.18 |
| Median market cap. | NA | $64,957 Mil | $16,468 Mil |
| How has the fund performed? |
|---|
| Fund Price Performance |
| Past 3 months | -3.0% | 14.3% | 13.3% |
| Past 12 months | 35.8% | 27.1% | 28.9% |
| Past 3 years (annualized) | 14.7% | 31.2% | 36.5% |
| | | | |
| Category Price Performance |
| Past 3 months | 15.1% | 15.1% | 15.1% |
| Past 12 months | 32.0% | 32.0% | 32.0% |
| Past 3 years | 28.7% | 28.7% | 28.7% |
| | | | |
| S&P 500 Price Performance |
| Past 3 months | 4.4% | 4.4% | 4.4% |
| Past 12 months | -8.8% | -8.8% | -8.8% |
| Past 3 years | 6.7% | 6.7% | 6.7% |
| How long has the current management handled the fund, and what do they charge? |
|---|
| Manager tenure | 0 | 9 | 2 |
| Front load | 0.0% | 0.0% | 0.0% |
| Deferred load | 5.0% | 0.0% | 0.0% |
| 12b-1 marketing fee | 1.0% | 0.0% | 0.0% |
| Expense ratio | 1.99% | 0.25% | 0.92% |
| What is the fund's risk/reward profile? |
|---|
| Morningstar risk | Low | Below Average | Average |
| Standard deviation | 17.77 | 20.39 | 21.58 |
| Sharpe ratio | 0.64 | 1.26 | 1.35 |
Other Than Black Rock ( SSGRX) , Any other Energy Funds You Recommend?
