GIS MLP & Energy Infrastructure Fund

ISIN: IE00BSJWZG35

Updated 16 July 2018

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  • DAILY NAV (USD)
    6.54
  • DAILY YTD RETURN
    2.92%
  • TOTAL NET ASSETS (USD)
    260 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    260 MM
    (as of 30/06/2018)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    25/11/2014
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    25/11/2014

Objective

The objective is to seek to capitalise on an attractive sector growth in the North American energy sector by investing in the debt and equity of master limited partnerships (MLP) and related energy companies.

Overview

Fund Description

MLP & Energy Infrastructure Fund is an actively managed portfolio of equity and debt of master limited partnerships (MLPs) and related firms. MLPs own energy infrastructure assets in North America which benefit from a rise in North American energy production.

Investor Benefits

This Fund offers investors exposure to North American energy without direct exposure to commodity prices, high and growing levels of distributions and broader diversification benefits.

The Fund Advantage

The strategy is based on PIMCO’s existing expertise in the energy space and is focused on researching individual assets with benefit of time-tested top-down process.

PRIMARY BENCHMARK

Alerian MLP Index

PRIMARY BENCHMARK DESCRIPTION

The Alerian MLP Index is the leading gauge of large- and mid-cap energy master limited partnerships (MLPs). It is a float-adjusted, capitalization-weighted index, which includes 50 prominent companies.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

25/11/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BSJWZG35

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

RELATED

Managers

John M. Devir

Portfolio Manager, Long/Short Equity Strategies

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Danny Seth

Global Equity Analyst, Long/Short Equity Strategies

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Mark R. Kiesel

CIO Global Credit

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 -0.44%
Annualised Distribution Yield as of 30/06/2018 4.84%
Current Yield2 as of 30/06/2018 0.04%
Average Annualised Distribution Yield as of 30/06/2018 4.95%
Latest Dividend Distribution as of 28/06/2018 (USD) 0.07824
Dividend Distribution (YTD) as of 28/06/2018 (USD) 0.17617
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 2.20%
The Unified Management fee takes account of a fee waiver in the amount of 0.15% p.a. until 30 Jun 2018. The fee waiver will expire from 01 Jul 2018.
Fees & Expenses Footnotes & Disclosures

disclosures

The Unified Management fee takes account of a fee waiver in the amount of 0.15% p.a. until 30 Jun 2018. The fee waiver will expire from 01 Jul 2018.

Prices & Performance

Daily Statistics

All data as of 16/07/2018

NAV (USD) 6.54 One Day Return -0.30%
Daily Change (USD) -0.02 Daily YTD Return 2.92%
Click here to view Historical Prices
  • Average Annual Returns
  • Cumulative Returns

All data as of

  • Daily
  • Month End

All data as of

  • Daily
  • Month End

Performance quoted represents past performance and is not a guarantee or a reliable indicator of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Current performance may be lower or higher than average annual returns shown.

Calendar Year Returns %

All data as of

Growth of $10,000 (hypothetical)

Morningstar Ratings

Prices & Performance Footnotes & Disclosures

disclosures

Performance quoted represents past performance. Past performance is not a guarantee or a reliable indicator of future results. Current performance may be lower or higher than performance shown. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Performance data current to the most recent month-end is available by calling +44 203 3640 1552.
A rating is not a recommendation to buy, sell or hold a fund. © 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For more detailed information about Morningstar Rating, including its methodology, please go to: The Morningstar Rating Methodology.

Portfolio Composition

All data as of unless otherwise stated

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 18.83
Sharpe Ratio3 -0.11
Beta4 0.92
R-Squared5 0.98

Sector Allocation
Market Value %

MLP Equity 84.94
Non-MLP Equity 16.54
Debt 0.00
Net Other Short Duration Instruments6 -1.48

Equity Statistics

Stocks in Portfolio 68
Weighted Median Market Cap ($US MM) 17,143.89
Weighted Avg Market Cap ($US MM) 20,234.58
Portfolio Composition Footnotes & Disclosures

disclosures

3The Sharpe Ratio measures the risk-adjusted performance. The risk-free rate is subtracted from the rate of return for a portfolio and the result is divided by the standard deviation of the portfolio returns.
4Beta measures the market related volatility of a portfolio. The beta of the market is 1 by definition. A beta greater than 1 indicates that a portfolios market risk is greater than the overall markets, while a beta less than 1 indicates a lower market risk. It is important to note that having a low market risk does not necessarily imply low volatility. A portfolio may have a low beta while experiencing volatility due to factors independent of the market.
5R-squared measures the percentage of a portfolio's movements that are explained by movements in the overall market. Standard deviation is an absolute measure of volatility measuring dispersion about an average which, for a mutual fund, depicts how widely the returns varied over a certain period of time.
6Net Other Short Duration Instruments includes securities and other instruments (except instruments tied to emerging markets by country of risk) with an effective duration less than one year and rated investment grade or higher or, if unrated, determined by PIMCO to be of comparable quality, commingled liquidity funds, uninvested cash, interest receivables, net unsettled trades, broker money, short duration derivatives (for example Eurodollar futures) and derivatives offsets. With respect to certain categories of short duration securities, the Adviser reserves the discretion to require a minimum credit rating higher than investment grade for inclusion in this category. Derivatives Offsets includes offsets associated with investments in futures, swaps and other derivatives. Such offsets may be taken at the notional value of the derivative position which in certain instances may exceed the actual amount owed on such positions.

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