PIMCO GIS Global High Yield Bond Fund Institutional USD Accumulation

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Performance History31/03/2024
Growth of 1,000 (GBP) Advanced Graph
PIMCO GIS Global High Yield Bond Fund Institutional USD Accumulation
Fund1.54.51.06.72.3
+/-Cat-0.51.11.21.50.0
+/-B’mrk-3.20.52.6-1.20.3
 
Key Stats
NAV
19/04/2024
 USD 29.33
Day Change 0.20%
Morningstar Category™ Global High Yield Bond
ISIN IE0002420739
Fund Size (Mil)
28/03/2024
 USD 2974.98
Share Class Size (Mil)
28/03/2024
 USD 667.44
Max Initial Charge 5.00%
Ongoing Charge
16/02/2024
  0.55%
Morningstar Research
Analyst Report16/04/2024
Jeana Marie Doubell, Analyst
Morningstar, Inc

Pimco GIS Global High Yield Bond is undergoing significant personnel changes as lead manager Andrew Jessop is retiring at the end of June 2023. This has led us to downgrade the People Pillar rating to Average. We nevertheless retain conviction in...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process24
Performance
Price
Investment Objective: PIMCO GIS Global High Yield Bond Fund Institutional USD Accumulation
The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management. The Fund invests at least two-thirds of its total net assets in a diversified portfolio of high yield Fixed Income Instruments that are denominated in major world currencies and are rated lower than Baa by Moody’s or BBB by S&P or equivalently rated by Fitch. The Fund may invest up to 20% of its total net assets in high yield Fixed Income Instruments that are rated Caa or lower by Moody’s or CCC or lower by S&P or equivalently rated by Fitch (or, if unrated, determined by the Investment Advisor to be of a comparable quality). The portion of the Fund’s assets that are not invested in Fixed Income Instruments rated lower than Baa by Moody’s or lower than BBB by S&P or equivalently rated by Fitch may be invested in higher quality Fixed Income Instruments.
Returns
Trailing Returns (GBP)19/04/2024
YTD2.60
3 Years Annualised5.40
5 Years Annualised4.06
10 Years Annualised7.22
12 Month Yield 0.00
Management
Manager Name
Start Date
David Forgash
01/04/2019
Sonali Pier
31/07/2019
Click here to see others
Inception Date
30/06/2005
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA BB-B Rtd DM HY Ctd TR HUSDMorningstar Gbl HY Bd GR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationYes
GrowthYes
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  PIMCO GIS Global High Yield Bond Fund Institutional USD Accumulation31/12/2023
Fixed Income
Effective Maturity4.32
Effective Duration3.04
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond105.486.6098.87
Property0.000.000.00
Cash36.5135.700.81
Other0.310.000.31

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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