Are you the type of investor who seeks steady returns? Do you prefer low risk and much higher odds of profit than losses? If so, then you might want to look at the PIMCO Total Return Fund Class D (PTTDX ).

The Approach

PIMCO Total Return Fund’s objective is to maximize potential while preserving capital via prudent investment management strategies. Any person or fund running money would make a similar statement, but PIMCO Total Return Fund has proven results. (For related reading see: Pimco Total Return Fund’s New Structure .)

Over the past year, the fund is up 3.89%. On an annualized basis over the past three, five, and ten-year time frames, the fund is up 4.72%, 4.75%, and 5.79%, respectively. A $10,000 investment during the fund’s inception on May 5, 1987 would have been valued at $74,270 on November 30, 2014. Those aren’t huge numbers, but you can apply this return to what you would have invested. (For related reading, see: Understanding the Bond Behemoth that is Pimco .)

The above performance numbers are solid without being spectacular, but that’s the objective. PIMCO Total Return Fund doesn’t dabble in many high-risk investments. It mostly invests in high-quality intermediate-term bonds and avoids concentration risk by remaining globally diversified. Its management team is also very flexible, which allows it to make alterations given any economic, interest rate, or market changes. (For related reading see: What Bill Gross’s Arrival Means to Janus Capital .)

In 2000, the fund’s assets totaled just north of $38 billion. Today, the fund’s assets total just north of $143 billion (though the Pimco Total Return Fund (PTTRX ) is now less than half its size at its peak in April 2013). Sure, the fund and the firm that manages it suffered some (2014 was its worst-ever year for redemptions in the Total Return Fund) in the aftermath of the departure of founder and legendary investor Bill Gross. but a new management team is in place and has more sector-level expertise than before. Let’s meet the upper management.

A Well-Balanced Team

Scott A. Mather:

CIO U.S. Core Strategies

Former fixed-income trader at Goldman Sachs Group, Inc. (GS ).

Mark R. Kiesel:

CIO Global Credit

Morningstar Fixed-Income Manager of the Year (2012)

Thinking Long Term

Some investors are concerned with the bond market going forward, which is understandable, but the bond market, like any market, has had its ups and downs. Investing in the PIMCO Total Return Fund isn’t a trade, it’s a long-term investment. And the PIMCO Total Return Fund has delivered attractive returns over the long haul, which was proven above. (For related reading see: Pimco Investor? Consider This Before Bailing .)

Below are some stats you should know.

Minimum Investment: $1,000

Expense Ratio: 0.75%

Dividends: Accrued Daily, Paid Monthly

Irs USD 1.500 12/16/15-1Y (Red) Cme: 7.14%