Morningstar

PIMCO RealPath Blend 2050 Fund Institutional Class PPQZX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 20.62  /  +0.73 %
  • Total Assets 599.7M
  • Adj. Expense Ratio
    0.130%
  • Expense Ratio 0.060%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Target-Date 2050
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Status Open
  • TTM Yield 3.06%
  • Turnover 29%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PPQZX

Will PPQZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PPQZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PPQZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PPQZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A leadership transition tests this series’ strong framework.

Senior Analyst David Reyna

David Reyna

Senior Analyst

Summary

Lead portfolio manager Erin Browne’s departure in May 2026 lowers conviction in Pimco RealPath Blend target-date series, resulting in a People Pillar downgrade to Above Average from High. The series retains an experienced bench of managers and a strong open-architecture approach that combines low-cost passive equity with Pimco’s active fixed-income lineup, which should continue to serve investors well.

by David Reyna
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PPQZX

More PPQZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 96.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard Institutional Index Instl Pl

47.39 280M
—

Vanguard Developed Markets Index Ins Pls

24.87 147M
—

Vanguard Emerging Mkts Stock Idx Instl

10.35 61M
—

Vanguard MStar Small Cap Index Instl

4.43 26M
—

Pimco Fds

3.28 19M
Cash and Equivalents

PIMCO Total Return Instl

2.89 17M
—

FNRETR TRS EQUITY SOFR+54 MYI

1.93 11M
—

PIMCO Real Return Instl

1.53 9M
—

PIMCO Income Instl

1.24 7M
—

PIMCO Emerging Mkts Lcl Ccy and Bd Instl

1.15 7M
—

Sponsor Center