GIS US High Yield Bond Fund

ISIN: IE0002460974

Updated 07 August 2020

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  • DAILY NAV (USD)
    37.08
  • DAILY YTD RETURN
    0.00%
  • TOTAL NET ASSETS (USD)
    3,683 MM
    (as of 31/07/2020)
  • TOTAL NET ASSETS (USD)
    3,683 MM
    (as of 31/07/2020)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/05/1998
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/05/1998

Objective

The investment objective of the High Yield Bond Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

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Overview

Fund Description

The US High Yield Bond Fund seeks to maximise total returnand limit risk. The fund invests at least two-thirds of itsassets in a diversified portfolio of US high yield bonds ratedlower than Baa by Moody’s or BBB by S&P, with a maximumof 30% of its assets in securities rated lower than B

Investor Benefits

This fund offers compelling diversification benefits and the opportunity to gain exposure to different sectors of the economy.

The Fund Advantage

The fund employs PIMCO’s fundamental research process, including top-down economic views, bottom-up security selection and extensive global resources.

BENCHMARK

ICE BofAML US High Yield Constrained Index

BENCHMARK DESCRIPTION

ICE BofAML US High Yield Constrained Index tracks the performance of US dollar denominated below investment grade rated corporate debt publically issued in the US domestic market. To qualify for inclusion in the index, securities must have a below investment grade rating (based on an average of Moody's, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody's, S&P, and Fitch foreign currency long term sovereign debt ratings).

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

28/05/1998

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE0002460974

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

Andrew R. Jessop

Portfolio Manager, High Yield

View Profile for Andrew R. Jessop

Sonali Pier

Portfolio Manager, Multi-Sector Credit

View Profile for Sonali Pier