GIS Strategic Income Fund

ISIN: IE00BG800R07

Updated 07 August 2020

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  • DAILY NAV (USD)
    12.57
  • DAILY YTD RETURN
    -4.12%
  • TOTAL NET ASSETS (USD)
    994 MM
    (as of 31/07/2020)
  • TOTAL NET ASSETS (USD)
    994 MM
    (as of 31/07/2020)
  • CLASS
    Multi Asset
  • CLASS INCEPTION DATE
    16/12/2013
  • CLASS
    Multi Asset
  • CLASS INCEPTION DATE
    16/12/2013

Objective

The investment objective of the Fund is to seek to provide an attractive level of current income, consistent with prudent investment management. The Fund also seeks to provide long-term capital appreciation as a secondary objective.

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Overview

Fund Description

The GIS Strategic Income Fund is an actively managed portfolio with global opportunity that invests primarily in fixed income securities with the flexibility to invest in dividend equities. The fund seeks to deliver an attractive level of income and capital appreciation while maintaining a relatively low risk profile.

Investor Benefits

The Fund seeks to deliver a competitive level of current income and capital growth. Potential benefits of this fund include:

  • Employs PIMCO’s best income-generating ideas across global markets to target a consistent distribution
  • Employs PIMCO’s time-tested investment process and relies on extensive experience in managing income oriented strategies
  • Utilizes Research Affiliates’ fundamentally-weighted, active global developed equity strategy built on smart beta that seeks higher-yielding stocks generating sustainable dividends at attractive valuations
  • A diversified strategy that limits exposure to below investment-grade holdings at 50%
  • The fund offers daily liquidity.

The Fund Advantage

This fund is designed for investors who seek steady incomewith capital appreciation. The fund taps into multiple areasof the global market and employs PIMCO’s vast analyticalexpertise to temper volatility.

BENCHMARK

75% Bloomberg Barclays Global Aggregate USD Hedged/25% MSCI World Index

BENCHMARK DESCRIPTION

The benchmark is a blend of 75% Bloomberg Barclays Global Aggregate USD Hedged/25% MSCI World Index. Bloomberg Barclays Global Aggregate (USD Hedged) Index provides a broad-based measure of the global investment-grade fixed income markets. The three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. The index also includes Eurodollar and Euro-Yen corporate bonds, Canadian Government securities, and USD investment grade 144A securities. The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The MSCI World Index consists of 23 developed market country indices.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

16/12/2013

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BG800R07

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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VAG Compliance

Traspasable

Yes

Managers

Daniel J. Ivascyn

Group Chief Investment Officer

View Profile for Daniel J. Ivascyn

Alfred T. Murata

Portfolio Manager, Mortgage Credit

View Profile for Alfred T. Murata

Robert Arnott

Founder and Chairman, Research Affiliates

View Profile for Robert Arnott

Chris Brightman

View Profile for Chris Brightman

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2020 3.44%
Current Yield2 as of 30/06/2020 2.63%

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 1.75%
The Unified Management fee takes account of a fee waiver in the amount of 0.05% p.a. until 31 Dec 2018.

disclosures

The Unified Management fee takes account of a fee waiver in the amount of 0.05% p.a. until 31 Dec 2018.

Prices & Performance

Daily Statistics

All data as of 07/08/2020

NAV (USD) 12.57 One Day Return 0.16%
Daily Change (USD) 0.02 Daily YTD Return -4.12%

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.

Calendar Year Returns %

All data as of

Morningstar Ratings

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. © 2020 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

Sector Allocation - Fixed Income Market Value %

US Government Related 9.14
Securitized 57.10
Invest. Grade Credit 13.84
High Yield Credit 15.97
Non-USD Developed 0.08
Emerging Markets3 19.28
Other 3.12
Net Other Short Duration Instruments4 -18.52

Top 10 Country Exposure (MV%)

United States 89.62
United Kingdom 9.45
Mexico 4.47
Australia 3.73
Germany 3.17
Italy 2.47
Russia 2.22
France 2.06
Ireland 1.90
Switzerland 1.80

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 7.98
Sharpe Ratio5 -0.05
Beta6 1.48
R-Squared7 0.76

Sector Allocation - Equity Market Value %

Equities 25.86
Fixed Income 83.62
Other -0.02
Net Cash -9.45

Equity Statistics

Stocks in Portfolio 506
P/E Ratio (Forward) 13.39
Weighted Median Market Cap ($US MM) 30,510.78
Active Share (%) 77.40
P/E Ratio (Trailing) 12.17
Weighted Avg Market Cap ($US MM) 62,970.59