GIS Credit Opportunities Bond Fund

ISIN: IE00B3N0PT13

Updated 24 May 2019

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  • DAILY NAV (USD)
    13,10
  • DAILY YTD RETURN
    5,05%
  • TOTAL NET ASSETS (USD)
    145 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (USD)
    145 MM
    (as of 30/04/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    14/10/2011
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    14/10/2011

Objective

The fund aims to generate maximum long-term return, consistent with preservation of capital using prudent investment management principles.

Overview

Prior to 1 October 2018, the PIMCO Credit Opportunities Bond Fund was named the PIMCO Credit Absolute Return Fund.
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Fund Description

The Credit Opportunities Bond Fund is a diversified global credit strategy that is not tethered to benchmark-specific guidelines. The fund has significant discretion to allocate across a broad range of global credit sectors, and it is designed to offer the flexibility to actively adjust long and short credit exposures to target opportunities to seek maximum long term return while providing proactive downside risk mitigation.

Investor Benefits

The fund targets maximum long term return and is designed for investors seeking exposure to credit but with greater flexibility than a more traditional approach, leveraging on PIMCO’s best bottom up ideas.

The Fund Advantage

This fund seeks to combine a maximum return objective, proactive risk management and global diversification. The fund is guided by the full depth and breadth of PIMCO’s global credit investment expertise, which comes from the seamless integration of four decades of experience with robust credit research and a time-tested, forward-looking investment process. This helps the fund to target opportunities across global credit markets and may provide the agility to adjust risk exposures in anticipation of shifting market risks and opportunities.

PRIMARY BENCHMARK

3 Month USD LIBOR Index

PRIMARY BENCHMARK DESCRIPTION

The 3 Month USD LIBOR (London Interbank Offered Rate) Index is an average interest rate, determined by the ICE Benchmark Administration, that banks charge one another for the use of short-term money (3 months) in England's Eurodollar market. It is not possible to invest in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

14/10/2011

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B3N0PT13

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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WKN

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VAG Compliance

Traspasable

Yes

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RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2019 5,15%
Current Yield2 as of 30/04/2019 5,10%
Yields & Distributions Footnotes & Disclosures

disclosures

1PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data.
2The estimate of current yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used.

Fees & Expenses