GIS Low Duration Income Fund

ISIN: IE00BDT57W72

Updated 17 August 2018

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  • DAILY NAV (EUR)
    10.00
  • DAILY YTD RETURN
    -
  • TOTAL NET ASSETS (USD)
    358 MM
    (as of 31/07/2018)
  • TOTAL NET ASSETS (USD)
    358 MM
    (as of 31/07/2018)
  • 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 Overview

Generating income with lower interest rate exposure

Designed for investors who need steady income with low interest rate exposure, the fund takes a broad-based approach to investing in income-generating bonds. It employs PIMCO’s vast analytical capabilities and sector expertise to help temper the risks of income investing.

Why Invest In This Fund

Pursues income across global fixed income sectors

The global economic landscape is constantly changing, causing different bond sectors to go in and out of favor. The fund’s multi-sector approach allows it to seek out the best income-generating ideas in any market climate, targeting multiple sources of income and low interest rate exposure from a global opportunity set.

Total return approach to generating income

While generating attractive current income is a primary goal, the fund also seeks long-term capital appreciation and compelling risk-adjusted returns with a low duration level. The fund also aims to preserve capital, maintain quality and lower interest rate risk.

Ability to be opportunistic

The fund can tactically shift portfolio weights, moving to wherever attractive yields can be generated with low interest rate sensitivity in an increasingly complex and volatile investment environment. This flexibility helps the fund to nimbly capture opportunities as economic and market conditions change.

Our Expertise

The fund is managed by an expert team of veteran global income investors: Dan Ivascyn and Alfred Murata were named Morningstar’s 2013 U.S. Fixed Income Fund Managers of the Year for PIMCO Income Fund; Eve Tournier, Head of Pan-European Credit Portfolio Management, is the lead portfolio manager for the firm’s dedicated European income-oriented strategies and global multi-sector credit strategies. The team draws on PIMCO’s time-tested investment process: our rigorously developed global macro outlook, bottom-up credit analysis and research teams’ deep reservoir of specialized investment expertise.

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.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

31/05/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BDT57W72

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

No

Managers

Alfred T. Murata

Portfolio Manager, Mortgage Credit

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Daniel J. Ivascyn

Group Chief Investment Officer

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Eve Tournier

Head of European Credit Portfolio Management

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/07/2018 4.65%
Current Yield2 as of 31/07/2018 2.44%
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 0.90%

Prices & Performance

Daily Statistics

All data as of 17/08/2018

NAV (EUR) 10.00 One Day Return -0.10%
Daily Change (EUR) -0.01 Daily Since Inception Return 0.00%
Click here to view Historical Prices

All data as of