GIS Mortgage Opportunities Fund

ISIN: IE00BD38JM62

Updated 25 September 2020

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  • DAILY NAV (USD)
    11.29
  • DAILY YTD RETURN
    2.17%
  • TOTAL NET ASSETS (USD)
    1,928 MM
    (as of 31/08/2020)
  • TOTAL NET ASSETS (USD)
    1,928 MM
    (as of 31/08/2020)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/01/2017
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/01/2017

Objective

The Fund seeks maximum long-term return, consistent with prudent investment management.

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Overview

Fund Description

The PIMCO GIS Mortgage Opportunities Fund is an absolute-return oriented, securitized asset-focused fund designed to capitalize on dislocations across Agency, non-Agency and commercial mortgage-backed securities markets.

Investor Benefits

The fund has the ability to allocate across all subsectors of the global securitized market and seeks to efficiently manage interest rate and credit risk across different macroeconomic environments.

Potential benefits of this fund include:

  • A unique source of bond market returns that are driven by consumer credit and real estate fundamentals rather than by corporate balance sheets
  • Enhanced portfolio diversification versus traditional sources of risk such as core fixed income, corporate credit, and equities
  • Flexibility to navigate a variety of interest rate and credit market environments

The Fund Advantage

The fund’s benchmark-agnostic structure allows for dynamic allocation across global securitized markets. PIMCO’s 60+ portfolio management resources in the mortgage and consumer finance area enable granular bottoms-up research to identify the most attractive opportunities across global securitized markets.

BENCHMARK

3 Month USD LIBOR

BENCHMARK DESCRIPTION

The 3 Month USD LIBOR (London Interbank Offered Rate) is an average interest rate, determined by the ICE Benchmark Administration, that banks charge one another for the use of short-term money (3 months) in England's Eurodollar market. It is not possible to invest in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

25/01/2017

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BD38JM62

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

Daniel H. Hyman

Head of Agency MBS Portfolio Management

View Profile for Daniel H. Hyman

Alfred T. Murata

Portfolio Manager, Mortgage Credit

View Profile for Alfred T. Murata

Joshua Anderson

Head of Global ABS Portfolio Management

View Profile for Joshua Anderson

Jing Yang

Portfolio Manager, Structured Credit

View Profile for Jing Yang

Fees & Expenses

Unified Fee 0.69%

Prices & Performance

Daily Statistics

All data as of 25/09/2020

NAV (USD) 11.29 One Day Return 0.09%
Daily Change (USD) 0.01 Daily YTD Return 2.17%

All data as of

All data as of

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.