PIMCO Real Income Fund

[charlie]

PIMCO just announced 2 new funds based on laddered TIPS. These are
managed payout funds that are designed to return your principal plus
interest on a monthlly basis over 10 years or 20 years if memory serves.

These might be a good choice for an early retiree needing to bridge the
gap before SS kicks in. They should provide payout adjustment based
on CPI.

I think this is worth investigation and comment by our esteemed group.

Cheers,

charlie

 

[Stevewc]

I don't know any thing about the fund at this point, but I'm interested.
Will try to get expense ratio and info.
Looking forward to comments,
Steve

 

[brewer12345]

Interesting to see STPZ, a short maturity TIPS ETF.

 

[Danny]

Charlie - Thanks for the post on this.

 

[Stevewc]

Here's a paper on the longer term:
ETF DAILY NEWS » PIMCO Launches Two New ETF’s That Invest In TIPS (LTPZ, TIPZ)

Steve

Any comments as to how these might work in retirement in a taxable account?
I'm always interested in conservative and basically guaranteed ways to produce income for retirement income.
Steve

 

[atlas888]

Real income vs California issuing IOUs?

 

[Stevewc]

The expense ration is temporarily .20

Vanguards inflation fund (VAIPX) admiral shares is .12
Just some points to think about.
Steve

 

[charlie]

The ticker for the fund maturing in 2019 is PCIAX. It will be available on
Oct. 30. There is a sales charge of 3.75%.

Cheers,

Charlie