GIS Unconstrained Bond Fund

ISIN: IE00B8300B32

Updated 23 April 2018

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  • DAILY NAV (USD)
    9.62
  • DAILY YTD RETURN
    0.14%
  • TOTAL NET ASSETS (USD)
    2,450 MM
    (as of 31/03/2018)
  • TOTAL NET ASSETS (USD)
    2,450 MM
    (as of 31/03/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/11/2012
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/11/2012

Objective

The investment objective of the Unconstrained Bond Fund is to seek maximum long-term return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The PIMCO Unconstrained Bond Fund is an absolute returnoriented, investment-grade bond strategy that is not tethered to benchmark-specific guidelines or significant sector constraints. The fund utilizes PIMCO’s global secular forecast and an integrated investment process across multiple sectors with a duration that may range from -3 to +8 years.

Investor Benefits

This fund offers attractive risk-adjusted return, active downside risk mitigation and strong diversification within an overall portfolio context.

The Fund Advantage

The fund’s broader investment discretion to adjust duration exposure, allocate across sectors and express other active views offer attractive risk-adjusted return.

PRIMARY BENCHMARK

1 Month USD LIBOR Index

PRIMARY BENCHMARK DESCRIPTION

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

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

30/11/2012

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B8300B32

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

Marc P. Seidner

CIO Non-traditional Strategies

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Mohsen Fahmi

Portfolio Manager, Global Fixed Income

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Daniel J. Ivascyn

Group Chief Investment Officer

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/03/2018 4.15%
Annualised Distribution Yield as of 31/03/2018 3.08%
Current Yield2 as of 31/03/2018 2.96%
Average Annualised Distribution Yield as of 31/03/2018 2.78%
Latest Dividend Distribution as of 28/03/2018 (USD) 0.07401
Dividend Distribution (YTD) as of 28/03/2018 (USD) 0.07401
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 0.99%

Prices & Performance

Daily Statistics

All data as of 23/04/2018

NAV (USD) 9.62 One Day Return -0.10%
Daily Change (USD) -0.01 Daily YTD Return 0.14%
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

Maturity %

0-1 yrs 54.13
1-3 yrs 2.32
3-5 yrs 32.04
5-10 yrs 13.87
10-20 yrs -1.57
20+ yrs -0.79
Effective Maturity (yrs) 1.43

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 3.05
Sharpe Ratio3 0.65
Information Ratio4 0.57
Tracking Error5 3.08

Top 10 Country by Currency of Settlement (Duration in Yrs)

United States 2.42
Mexico 0.07
Greece 0.03
Peru 0.02
Netherlands 0.02
Spain 0.00
Germany -0.03
United Kingdom -0.31
Japan -0.51
Italy -0.51

Duration Yrs

0-1 yrs -0.38
1-3 yrs 0.15
3-5 yrs 1.88
5-7 yrs 1.48
7-8 yrs -0.61
8-10 yrs -0.60
10+ yrs -0.71
Effective Duration (yrs) 1.22

Sector Allocation - Duration in Years

Government Related6 -0.55
Mortgage 1.26
Invest. Grade Credit 0.52
High Yield Credit 0.09
Emerging Markets7 0.18
Municipal/Other8 0.09
Net Other Short Duration Instruments9 -0.36

Top 10 Country by Currency of Settlement (FX%)

Argentina 1.34
Russia 1.06
Brazil 0.72
Egypt 0.52
Turkey 0.48
Canada -0.40
Japan -0.52