GIS Income Fund

ISIN: IE00BD971T88

Updated 24 May 2019

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  • DAILY NAV (EUR)
    9.64
  • DAILY YTD RETURN
    3.43%
  • TOTAL NET ASSETS (USD)
    66,375 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (USD)
    66,375 MM
    (as of 30/04/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    08/06/2016
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    08/06/2016

Objective

The primary investment objective of the Fund is to seek high current income, consistent with prudent investment management. Long-term capital appreciation is a secondary objective.

Overview

Fund Description

The Income Fund is a portfolio that is actively managed and utilizes a broad range of fixed income securities that seek to produce an attractive level of income while maintaining a relatively low risk profile, with a secondary goal of capital appreciation.

Investor Benefits

This fund seeks to meet the needs of investors who are targeting a competitive and consistent level of income without compromising long term capital appreciation. The fund seeks to generate a competitive monthly dividend while also maintaining a focus on the total return objective. The fund aims to achieve this by employing PIMCO’s best income-generating ideas across global fixed income sectors with an explicit mandate on risk-factor diversification. The fund offers daily liquidity.

The Fund Advantage

This fund is designed for investors who seek steady income: it takes a broad-based approach to investing in income-generating bonds. The fund taps into multiple areas of the global bond market, and employs PIMCO’s vast analytical capabilities and sector expertise to help temper the risks of high income investing. This approach seeks to provide consistent income over the long term.

PRIMARY BENCHMARK

Bloomberg Barclays U.S. Aggregate (Euro Hedged) Index

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays U.S. Aggregate (Euro Hedged) Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and