The PIMCO REALPATH Blend 2060 Fund Institutional Class (PRBMX) is a mutual fund that aims to provide long-term growth and income for investors with a target retirement date of 2060. It is managed by PIMCO, a global investment management firm known for its expertise in fixed income and alternative investments. This institutional class fund offers a diversified portfolio of stocks and bonds, with a focus on real assets such as real estate and commodities. It is designed for institutional investors, such as pension funds and endowments, and may have lower fees and higher minimum investment requirements compared to other mutual fund classes.