GIS US High Yield Bond Fund

ISIN: IE0002460974

Updated 24 May 2019

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  • DAILY NAV (USD)
    35,03
  • DAILY YTD RETURN
    8,52%
  • TOTAL NET ASSETS (USD)
    2.802 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (USD)
    2.802 MM
    (as of 30/04/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/05/1998
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/05/1998

Objective

The investment objective of the High Yield Bond Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

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Fund Description

The US High Yield Bond Fund seeks to maximise total return and limit risk. The fund invests at least two-thirds of its assets in a diversified portfolio of US high yield bonds rated lower than Baa by Moody’s or BBB by S&P, with a maximum of 30% of its assets in securities rated lower than B

Investor Benefits

This fund offers compelling diversification benefits and the opportunity to gain exposure to different sectors of the economy.

The Fund Advantage

The fund employs PIMCO’s fundamental research process, including top-down economic views, bottom-up security selection and extensive global resources.

PRIMARY BENCHMARK

ICE BofAML US High Yield Constrained Index

PRIMARY BENCHMARK DESCRIPTION

ICE BofAML US High Yield Constrained Index tracks the performance of US dollar denominated below investment grade rated corporate debt publically issued in the US domestic market. To qualify for inclusion in the index, securities must have a below investment grade rating (based on an average of Moody's, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody's, S&P, and Fitch foreign currency long term sovereign debt ratings).

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

28/05/1998

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE0002460974

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

Andrew R. Jessop

Portfolio Manager, High Yield

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Hozef Arif

Portfolio Manager, High Yield

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2019 6,34%
Current Yield2 as of 30/04/2019 5,80%
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

Unified Fee 0,55%