Morningstar Fund Ratings: Weekly Round-up

ANALYST RATINGS: This week, fund analysts reveal an upgrade for PIMCO and downgrades for GAM and Investec

Morningstar Analysts 2 October, 2017 | 1:25PM
Facebook Twitter LinkedIn


PIMCO GIS Global High Yield Bond – Silver

Niels Faassen

Prudence is the watchword here. Lead manager Andrew Jessop keeps this fund focused on the higher-quality end of the high-yield spectrum. While the fund has delivered compelling risk-adjusted returns under Jessop’s watch, its conservative profile explains much of its peer-relative performance: a tendency to protect during credit market downdrafts and lag during rallies. PIMCO High Yield’s experienced management team, led by Jessop, plies a straightforward and risk-aware process. The firm’s deep analyst bench further supports our increased conviction in the fund.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Ninety One Asia Pacific Franchise B Acc£8,667.26 GBP0.00Rating
PIMCO GIS US Hi Yld Bd R USD Acc15.94 USD0.14Rating

About Author

Morningstar Analysts   -