GIS US Investment Grade Corporate Bond Fund

ISIN: IE00BDBBQL54

Updated 22 May 2019

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  • DAILY NAV (USD)
    10.29
  • DAILY YTD RETURN
    -
  • TOTAL NET ASSETS (USD)
    245 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (USD)
    245 MM
    (as of 30/04/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    08/03/2019
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    08/03/2019

Objective

The investment objective of the US Investment Grade Corporate Bond Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The US Investment Grade Corporate Bond Fund is an actively managed portfolio consisting primarily of high quality USD-denominated corporate bonds. The fund is diversified broadly across industries, issuers, and regions on the basis of PIMCO’s top-down and bottom-up processes.

Investor Benefits

The fund offers diversification benefits and greater income potential relative to government bonds or domestic corporate strategies while seeking to retain many of the defensive features of government bonds.

The Fund Advantage

The fund looks to benefit from PIMCO’s investment process, which combines our global top-down views on the macroeconomic environment with independent bottom-up security analysis. PIMCO’s investment team has the experience and depth to actively manage a broad and diversified opportunity set.

PRIMARY BENCHMARK

Bloomberg Barclays U.S. Credit Index

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays U.S. Credit Index is an unmanaged index comprised of publicly issued U.S. corporate and specified non-U.S. debentures and secured notes that meet the specified maturity, liquidity, and quality requirements. To qualify, bonds must be SEC-registered. This index was formerly known as the Bloomberg Barclays Credit Investment Grade Index. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

08/03/2019

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BDBBQL54

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOR

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WKN

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Amit Arora

Portfolio Manager, Credit

View Profile

Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2019 4.40%
Annualised Distribution Yield as of 31/12/2018 3.26%
Current Yield2 as of 30/04/2019 4.28%
Average Annualised Distribution Yield as of 31/12/2018 3.05%
Latest Dividend Distribution3 as of 28/12/2018 (USD) 0.07787
Dividend Distribution (YTD) 4 as of 28/12/2018 (USD) 0.29585
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.
3Data does not include special cash dividends.
4Data is based on distributions since the most recent calendar year end and does not include special cash dividends.

Fees & Expenses

Unified Fee 1.39%

Prices & Performance

Daily Statistics

All data as of 22/05/2019

NAV (USD) 10.29 One Day Return 0.10%
Daily Change (USD) 0.01 Daily Since Inception Return 2.90%
Click here to view Historical Prices

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.

Growth of $10,000 (hypothetical)