Generating income with low interest rate exposure
Designed for investors who need steady income with low interest rate exposure, the fund takes a broad-based approach to investing in income-generating bonds. It employs PIMCO’s vast analytical capabilities and sector expertise to help temper the risks of income investing.
Why Invest In This Fund
Pursues income across global fixed income sectors
The global economic landscape is constantly changing, causing different bond sectors to go in and out of favor. The fund’s multi-sector approach allows it to seek out the best income-generating ideas in any market climate, targeting multiple sources of income and low interest rate exposure from a global opportunity set.
Total return approach to generating income
While generating attractive current income is a primary goal, the fund also seeks long-term capital appreciation and compelling risk-adjusted returns with a low duration level. The fund also aims to preserve capital, maintain quality and lower interest rate risk.
Ability to be opportunistic
The fund can tactically shift portfolio weights, moving to wherever attractive yields can be generated with low interest rate sensitivity in an increasingly complex and volatile investment environment. This flexibility helps the fund to nimbly capture opportunities as economic and market conditions change.
The fund is managed by Dan Ivascyn, Managing Director and Group CIO, Alfred Murata, Managing Director and Portfolio Manager, and Josh Anderson, Managing Director and Portfolio Manager. The team draws on PIMCO’s time-tested investment process: our rigorously developed global macro outlook, bottom-up credit analysis and research teams’ deep reservoir of specialized investment expertise.
Bloomberg Barclays U.S. Aggregate 1‑3 Years Index (CAD Hedged)
PRIMARY BENCHMARK DESCRIPTION
Bloomberg Barclays U.S. Aggregate 1-3 Years Index (CAD Hedged) represents securities that are SEC-registered, taxable, and dollar denominated with a maturity between one and three years. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. It is not possible to invest directly in an unmanaged index.
Monthly with Daily Accrual