PIMCO Fixed Income

The pursuit of better outcomes.

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  • The Fund may invest primarily in fixed income instruments with varying maturities.
  • Investments in fixed income securities are subject to interest rate, credit and downgrade risks. The Fund is also subject to risks of investing in high yield, below investment grade and unrated securities.
  • It is subject to risks associated with emerging markets, mortgage-related and other asset-backed securities, sovereign debt, currency, liquidity and repurchase / reverse repurchase transactions.
  • It may invest more than 10% in non-investment grade securities issued or guaranteed by a single sovereign issuer (e.g. Ukraine, Sri Lanka and Hungary) which may be subject to increased credit risk and risk of default.
  • It may invest extensively in financial derivative instruments which may involve additional risks (e.g. market, counterparty, liquidity, volatility, and leverage risks).
  • It may at its discretion pay dividends out of capital directly or effectively, which amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to the original investment. Any distributions involving the payment of dividends out of the Fund’s capital may result in an immediate reduction of the Fund’s net asset value per share.
  • Investments involve risks and your investment may suffer significant losses.
  • Investors should not rely solely on this material and should read the offering document of the Fund for further details including the risk factors.

For those who’ve been sitting on the sidelines of the bond market, we see a strong case for investing in fixed income today. Yields across fixed income sectors are higher than they’ve been in years. While uncertainty and volatility will remain in 2024, higher starting yields mean higher return potential.

When yields peak, strong performance typically follows.* During the five most recent major market downturns, both core and investment grade corporate bonds came roaring back a year after each peak, rewarding patient investors with attractive returns.

Learn how PIMCO’s Income Strategy is helping investors benefit from the opportunities in bonds and pursue better outcomes.

Why PIMCO GIS Income Fund?

Today's uncertainty demands an income expert. For more than 50 years, we’ve been creating fixed income strategies designed to provide attractive income and withstand periods of market stress.

Taking a flexible, multi-sector approach, PIMCO GIS Income Fund is able to invest across the global fixed income universe, which is roughly US$136 trillion in size (as of 31 Dec 2022), to find the most compelling income opportunities. It aims to deliver potentially high consistent income with long-term capital appreciation, while managing downside risk, particularly in the sort of challenging market conditions we see today.

Duration icon

3.44

Duration (years)

Annualized Monthly Distribution Yield icon

6.22%

Annualized Monthly Distribution Yield1

This share class aims to pay dividend on a monthly basis. Dividend payout is not guaranteed and may be paid out of capital.
Credit icon

AA-

Average Credit Quality

Yield to Maturity icon

6.82%

Est. Yield to Maturity2

* Using Bloomberg US Aggregate Index data 5 years forward. All data as of 31 March 2024 unless otherwise stated. Past performance is not a guarantee or a reliable indicator of future results. 1 The dividend distribution rate/yield is based on E USD Inc share class Annualized Distribution Monthly Yield is as of last month ending 30 September 2023. The annualized distribution yields are annualized on a 12 month calendar year [Annualized distribution yield= (Dividend Rate * 12) / NAV on ex-dividend day] . The dividend amount or dividend rate/yield is not guaranteed. Distribution payments of the Fund where applicable, may at the sole discretion of the Fund, be made out of either income and/or capital of the Fund. Any distributions involving the payment of dividends out of the Fund’s capital may result in an immediate reduction of the Fund’s net asset value per share. 2 PIMCO 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 sources each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in PIMCO's Portfolio Analytics database, PIMCO sources 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. The source data used in such circumstances is a static metric and PIMCO makes no representation as to the accuracy of the data for the purposes of calculating the Estimated Yield to Maturity. The Estimated Yield to Maturity is provided for illustrative purposes only and should not be relied upon as a primary basis for an investment decision and should not be interpreted as a guarantee or prediction of future performance of the Fund or the likely returns of any investment.

Income Solutions

PIMCO GIS Income Fund II

Individual investors' access to PIMCO's time-tested income strategy.

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Disclosures

Source: PIMCO, index provider for benchmark data.

A rating is not a recommendation to buy, sell or hold a fund. Past performance is not an indicator of future results.

Investment involves risk including possible loss of the principal amount invested. PIMCO Funds: Global Investors Series plc is an umbrella type open-ended investment company with variable capital and is incorporated with limited liability under the laws of Ireland with registered number 276928. PIMCO Funds: Global Investors Series plc has appointed PIMCO Asia Limited as the Hong Kong Representative. Investors should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. This and other information are contained in the Fund’s Hong Kong Prospectus, which may be obtained from our website www.pimco.com.hk or by contacting the Hong Kong Representative or your fund distributor and/or financial advisor. Prospective investors should read the Fund’s Hong Kong Prospectus before deciding whether to subscribe for or purchase shares in any of the Funds. Investor may also wish to seek advice from a financial advisor before making a commitment to invest and in the event you choose not to seek advice, you should consider whether the investment is suitable for you. The Funds typically offer different share classes, which are subject to different fees and expenses (which may affect performance), have different minimum investment requirements and are entitled to different services. Unless otherwise stated in the prospectus, the Fund referenced in this website is not managed against a particular benchmark or index, and any reference to a particular benchmark or index in this website is made solely for risk or performance comparison purposes. Fund performance will be available after the Fund has attained a 6 month investment track record.