GIS MLP & Energy Infrastructure Fund

ISIN: IE00BRS5SZ63

Updated 17 July 2018

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  • DAILY NAV (EUR)
    10.49
  • DAILY YTD RETURN
    -
  • 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
    25/04/2018
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    25/04/2018

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 EUR (Hedged)

PRIMARY BENCHMARK DESCRIPTION

The Alerian MLP Index EUR (Hedged) 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

25/04/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BRS5SZ63

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 -0.55%
Current Yield2 as of 30/06/2018 0.04%
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 1.34%
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 17/07/2018

NAV (EUR) 10.49 One Day Return -0.47%
Daily Change (EUR) -0.05 Daily Since Inception Return 4.90%
Click here to view Historical Prices

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.

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

Equity Statistics

Weighted Median Market Cap ($US MM) 17,143.89
Weighted Avg Market Cap ($US MM) 20,234.58

Sector Allocation
Market Value %

MLP Equity 84.94
Non-MLP Equity 16.54
Debt 0.00
Net Other Short Duration Instruments3 -1.48
Portfolio Composition Footnotes & Disclosures

disclosures

3Net 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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Disclosures

This Website is operated and issued by PIMCO Europe Ltd, which is authorised and regulated in the conduct of its investment business by the Financial Conduct Authority (25 The North Colonnade, Canary Wharf, London E14 5HS) in the United Kingdom.
For full details of the investment objective and investment policy of the fund described on this page, please refer to the prospectus and key investor information document for the fund available on the Fund Literature page of this website.
Equities may decline in value due to both real and perceived general market, economic, and industry conditions. Investments in value securities involve the risk that the market’s value assessment may differ from the manager and the performance of the securities may decline. Investing in securities of smaller companies tends to be more volatile and less liquid than securities of larger companies. Investing in distressed companies (both debt and equity) is speculative and may be subject to greater levels of credit, issuer and liquidity risks, and the repayment of default obligations contains significant uncertainties; such companies may be engaged in restructurings or bankruptcy proceedings. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Investments in companies engaged in mergers, reorganizations or liquidations may involve special risks as pending deals may not be completed on time or on favorable terms. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.
Distributed by PIMCO Europe Ltd, 11 Baker Street, London, W1U 3AH, England.
No part of this publication may be reproduced in any form, or referred to in any other publication, without express written permission. Copyright 2017, PIMCO
GIS FUNDS
PIMCO Funds: Global Investors Series plc is an umbrella type open-ended investment company with variable capital and is incorporated with limited liability under the la