GIS Low Duration Income Fund

ISIN: IE00BDT57Z04

Updated 17 December 2018

Loading...

  • {{ currentShareClassCode }}

  • DAILY NAV (EUR)
    9.76
  • DAILY YTD RETURN
    -
  • TOTAL NET ASSETS (USD)
    370 MM
    (as of 30/11/2018)
  • TOTAL NET ASSETS (USD)
    370 MM
    (as of 30/11/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2018
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2018

Objective

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

Overview

Fund Description

The Low Duration Income Fund is a portfolio that is actively managed and utilizes a broad range of fixed income securities to seek to deliver attractive income while maintaining relatively low interest rate exposure, 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 total return, while maintaining low interest rate risk. 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 a focus on risk-factor diversification.

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 concentration risks. This approach seeks to provide consistent income with low interest rate exposure over the long term.

PRIMARY BENCHMARK

Bloomberg Barclays U.S. Aggregate 1‑3 Years Index (EUR Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays U.S. Aggregate 1-3 Years Index (EUR Hedged) represents securities that are SEC-registered, taxable, and dollar denominated with a maturity between one and three years. 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 asset-backed securities. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

31/05/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

{{ overviewDataJSON.oldest_shareclass_inception_date }}

BASE CURRENCY

ISIN

IE00BDT57Z04

TICKER

{{ overviewDataJSON.symbol }}

SEDOL

{{ overviewDataJSON.sedol }}

SHARE CLASS CURRENCY

CUSIP

{{ overviewDataJSON.cusip }}

VALOREN

{{ overviewDataJSON.valoren }}

WKN

{{ overviewDataJSON.wkn }}

VAG Compliance

Traspasable

No

Managers

Alfred T. Murata

Portfolio Manager, Mortgage Credit

View Profile

Daniel J. Ivascyn

Group Chief Investment Officer

View Profile

Eve Tournier

Head of European Credit Portfolio Management

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/11/2018 5.74%
Annualised Distribution Yield as of 30/11/2018 2.35%
Current Yield2 as of 30/11/2018 3.36%
Average Annualised Distribution Yield as of 30/11/2018 1.99%
Latest Dividend Distribution as of 29/11/2018 (EUR) 0.01914
Dividend Distribution (YTD) as of 29/11/2018 (EUR) 0.09825
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 1.30%