I've been looking at PSTDX and PIXDX. Lipper has PSTDX classified as a large cap core fund and PIXDX is a specialized diversified equity fund. Except for 2008 (which is a very big except), both funds have done quite well over the past 5 years.
I sense these funds are complicated (with the use of derivatives and such) and therefore unlike other large cap funds such as Yacktman. Does anyone understand how these PIMCO funds work? Are they suitable for use as core large cap funds? Thanks!