The Global Investment Grade Credit Fund is an actively managed portfolio that invests primarily in investment grade global corporate instruments. The fund is diversified broadly across industries, issuers, and regions on the basis of PIMCO’s top-down and bottom-up processes.
The fund offers diversification benefits and greater income potential relative to government bonds or domestic corporate strategies while seeking to retain many of the defensive features of government bonds.
The Fund Advantage
The fund looks to benefit from PIMCO’s investment process, which combines our global top-down views on the macroeconomic environment with independent bottom-up security analysis. PIMCO’s investment team has the experience and depth to actively manage a broad and diversified opportunity set.
Bloomberg Barclays Global Aggregate Credit Index (USD Hedged)
PRIMARY BENCHMARK DESCRIPTION
Bloomberg Barclays Global Aggregate Credit Index (USD Hedged) is an unmanaged Index that provides a broad- based measure of the global investment- grade fixed income markets. The three major components of this index are the U. S. Aggregate, the Pan- European Aggregate, and the Asian- Pacific Aggregate Indices. This index excludes Government and Securitized Securities. The index also includes Eurodollar and Euro- Yen corporate bonds, Canadian securities, and USD investment grade 144A securities. It is not possible to invest directly in an unmanaged index.