GIS Low Duration Income Fund

ISIN: IE00BDT57R20

Updated 17 September 2019

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  • DAILY NAV (USD)
    10.49
  • DAILY YTD RETURN
    4.48%
  • TOTAL NET ASSETS (USD)
    475 MM
    (as of 31/08/2019)
  • TOTAL NET ASSETS (USD)
    475 MM
    (as of 31/08/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2018
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2018

Objective

The primary investment objective of the Fund is to seek attractive income, consistent with prudent investment management. Long-term capital appreciation is a secondary objective.

Overview

Fund Description

The Low Duration Income Fund is a portfolio that is actively managed and utilizes a broad range of fixed income securities to seek to deliver attractive income while maintaining relatively low interest rate exposure, with a secondary goal of capital appreciation.

Investor Benefits

This fund seeks to meet the needs of investors who are targeting a competitive and consistent level of income without compromising total return, while maintaining low interest rate risk. The fund seeks to generate a competitive monthly dividend while also maintaining a focus on the total return objective. The fund aims to achieve this by employing PIMCO’s best income-generating ideas across global fixed income sectors with a focus on risk-factor diversification.

The Fund Advantage

This fund is designed for investors who seek steady income: it takes a broad-based approach to investing in income-generating bonds. The fund taps into multiple areas of the global bond market, and employs PIMCO’s vast analytical capabilities and sector expertise to help temper concentration risks. This approach seeks to provide consistent income with low interest rate exposure over the long term.

PRIMARY BENCHMARK

Bloomberg Barclays U.S. Aggregate 1‑3 Years Index

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays U.S. Aggregate 1-3 Years Index represents securities that are SEC-registered, taxable, and dollar denominated with a maturity between one and three years. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

31/05/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BDT57R20

TICKER

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SHARE CLASS CURRENCY

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VAG Compliance

Traspasable

No