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PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)
mutual fund
PGBIX
Payout Change
Pending
Price as of:
$9.55
+0.01
+0.1%
primary theme
N/A
share class
PGBIX (Mutual Fund)
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)
Payout Change
Pending
Price as of:
$9.55
+0.01
+0.1%
primary theme
N/A
share class
PGBIX (Mutual Fund)
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)
Payout Change
Pending
Price as of:
$9.55
+0.01
+0.1%
primary theme
N/A
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$9.55
$1.22 B
4.47%
$0.43
0.71%
Vitals
YTD Return
4.4%
1 yr return
4.7%
3 Yr Avg Return
1.9%
5 Yr Avg Return
2.6%
Net Assets
$1.22 B
Holdings in Top 10
41.4%
52 WEEK LOW AND HIGH
$9.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 376.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$9.55
$1.22 B
4.47%
$0.43
0.71%
PGBIX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 1.9%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.03%
- Dividend Yield 4.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)
-
Fund Family NamePIMCOFUNDS
-
Inception DateJul 30, 1998
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Balls
Fund Description
The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in Fixed Income Instruments that are economically tied to at least three countries (one of which may be the United States), which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Securities may be denominated in major foreign currencies or the U.S. dollar. “Fixed Income Instruments” include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets.PIMCO selects the Fund’s foreign country and currency compositions based on an evaluation of various factors, including, but not limited to, relative interest rates, exchange rates, monetary and fiscal policies, trade and current account balances. The Fund may invest, without limitation, in securities and instruments that are economically tied to emerging market countries. The Fund normally invests at least 25% of its net assets in instruments that are economically tied to foreign (non-U.S.) countries. The average portfolio duration of this Fund normally varies between two and eight years. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. The Fund invests primarily in investment grade debt securities, but may invest up to 20% of its total assets in high yield securities (“junk bonds”), as rated by Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Services (“S&P”) or Fitch Ratings, Inc. (“Fitch”), or, if unrated, as determined by PIMCO. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. The Fund is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified fund.The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Fund’s prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls). The “total return” sought by the Fund consists of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular sector or security. The Fund may also invest up to 10% of its total assets in preferred securities.
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PGBIX - Performance
Return Ranking - Trailing
| Period | PGBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -15.2% | -2.4% | 6.15% |
| 1 Yr | 4.7% | -10.4% | -2.5% | 2.29% |
| 3 Yr | 1.9%* | -1.2% | 4.2% | 11.86% |
| 5 Yr | 2.6%* | -0.1% | 3.7% | 18.56% |
| 10 Yr | 2.9%* | 0.0% | 4.6% | 19.44% |
* Annualized
Return Ranking - Calendar
| Period | PGBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.4% | -9.4% | -0.6% | 33.06% |
| 2022 | -12.3% | -1.3% | 7.0% | 19.47% |
| 2021 | -3.3% | 0.5% | 200.9% | 87.16% |
| 2020 | 4.9% | -15.5% | 3.1% | 27.00% |
| 2019 | 2.5% | -0.6% | 30.6% | 69.23% |
Total Return Ranking - Trailing
| Period | PGBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -15.2% | -2.4% | 3.08% |
| 1 Yr | 4.7% | -12.6% | -2.5% | 2.29% |
| 3 Yr | 1.9%* | -1.6% | 4.2% | 11.02% |
| 5 Yr | 2.6%* | -0.1% | 3.7% | 15.46% |
| 10 Yr | 2.9%* | 0.0% | 4.6% | 18.06% |
* Annualized
Total Return Ranking - Calendar
| Period | PGBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.4% | -9.4% | -0.6% | 33.06% |
| 2022 | -5.2% | -1.3% | 7.0% | 19.47% |
| 2021 | -0.4% | 0.5% | 200.9% | 87.16% |
| 2020 | 7.6% | -15.5% | 3.3% | 53.00% |
| 2019 | 6.7% | 0.1% | 30.6% | 73.08% |
NAV & Total Return History
PGBIX - Holdings
Concentration Analysis
| PGBIX | Category Low | Category High | PGBIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.22 B | 21.8 M | 93.5 B | 50.38% |
| Number of Holdings | 1123 | 5 | 7040 | 21.97% |
| Net Assets in Top 10 | 500 M | -839 M | 6.06 B | 92.42% |
| Weighting of Top 10 | 41.44% | 6.1% | 100.0% | 3.03% |
Top 10 Holdings
- FED HM LN PC POOL SD8447 FR 07/54 FIXED 6 8.89%
- FNMA POOL MA5421 FN 07/54 FIXED 6 7.75%
- FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE 7.67%
- FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 5.05%
- FED HM LN PC POOL SD8439 FR 06/54 FIXED 6 3.05%
- FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 2.68%
- FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE 2.17%
- FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 1.47%
- FED HM LN PC POOL SD8384 FR 12/53 FIXED 6 1.44%
- JAPAN TREASURY DISC BILL BILLS 11/24 0.00000 1.26%
Asset Allocation
| Weighting | Return Low | Return High | PGBIX % Rank | |
|---|---|---|---|---|
| Bonds | 86.27% | 36.86% | 100.73% | 97.73% |
| Cash | 13.02% | -2.75% | 67.17% | 1.52% |
| Convertible Bonds | 4.74% | 0.00% | 14.16% | 17.42% |
| Other | 0.71% | -8.93% | 0.72% | 97.73% |
| Stocks | 0.00% | 0.00% | 0.70% | 4.55% |
| Preferred Stocks | 0.00% | 0.00% | 0.73% | 53.03% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PGBIX % Rank | |
|---|---|---|---|---|
| Government | 37.95% | 1.71% | 97.31% | 21.21% |
| Securitized | 11.18% | 0.00% | 29.11% | 24.24% |
| Corporate | 3.87% | 0.00% | 70.79% | 88.64% |
| Derivative | 1.13% | 0.00% | 50.79% | 45.45% |
| Cash & Equivalents | 1.06% | 0.00% | 51.02% | 8.33% |
| Municipal | 0.05% | 0.00% | 3.10% | 33.33% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PGBIX % Rank | |
|---|---|---|---|---|
| US | 57.91% | -11.86% | 53.57% | 66.67% |
| Non US | 28.37% | 26.05% | 98.85% | 97.73% |
PGBIX - Expenses
Operational Fees
| PGBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.02% | 1.81% | 70.31% |
| Management Fee | 0.55% | 0.00% | 0.83% | 75.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 2.38% |
| Administrative Fee | 0.30% | 0.01% | 0.45% | 78.26% |
Sales Fees
| PGBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PGBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PGBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 376.00% | 2.00% | 402.00% | 97.96% |
PGBIX - Distributions
Dividend Yield Analysis
| PGBIX | Category Low | Category High | PGBIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.47% | 0.00% | 2.20% | 64.39% |
Dividend Distribution Analysis
| PGBIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| PGBIX | Category Low | Category High | PGBIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.03% | -0.30% | 3.10% | 8.40% |
Capital Gain Distribution Analysis
| PGBIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.036 | OrdinaryDividend |
| Oct 31, 2024 | $0.035 | OrdinaryDividend |
| Sep 30, 2024 | $0.033 | OrdinaryDividend |
| Aug 30, 2024 | $0.036 | OrdinaryDividend |
| Jul 31, 2024 | $0.036 | OrdinaryDividend |
| Apr 30, 2024 | $0.036 | OrdinaryDividend |
| Mar 28, 2024 | $0.031 | OrdinaryDividend |
| Feb 29, 2024 | $0.020 | OrdinaryDividend |
| Jan 31, 2024 | $0.016 | OrdinaryDividend |
| Dec 29, 2023 | $0.021 | OrdinaryDividend |
| Nov 30, 2023 | $0.022 | OrdinaryDividend |
| Oct 31, 2023 | $0.022 | OrdinaryDividend |
| Sep 29, 2023 | $0.022 | OrdinaryDividend |
| Aug 31, 2023 | $0.022 | OrdinaryDividend |
| Jul 31, 2023 | $0.018 | OrdinaryDividend |
| Jun 30, 2023 | $0.023 | OrdinaryDividend |
| May 31, 2023 | $0.020 | OrdinaryDividend |
| Apr 28, 2023 | $0.020 | OrdinaryDividend |
| Mar 31, 2023 | $0.023 | OrdinaryDividend |
| Feb 28, 2023 | $0.016 | OrdinaryDividend |
| Jan 31, 2023 | $0.015 | OrdinaryDividend |
| Dec 30, 2022 | $0.017 | OrdinaryDividend |
| Dec 27, 2022 | $0.027 | OrdinaryDividend |
| Dec 07, 2022 | $0.294 | CapitalGainShortTerm |
| Dec 07, 2022 | $0.250 | CapitalGainLongTerm |
| Nov 30, 2022 | $0.014 | OrdinaryDividend |
| Oct 31, 2022 | $0.013 | OrdinaryDividend |
| Sep 30, 2022 | $0.014 | OrdinaryDividend |
| Aug 31, 2022 | $0.015 | OrdinaryDividend |
| Jul 29, 2022 | $0.015 | OrdinaryDividend |
| Jun 30, 2022 | $0.013 | OrdinaryDividend |
| May 31, 2022 | $0.013 | OrdinaryDividend |
| Apr 29, 2022 | $0.012 | OrdinaryDividend |
| Mar 31, 2022 | $0.012 | OrdinaryDividend |
| Feb 28, 2022 | $0.010 | OrdinaryDividend |
| Jan 31, 2022 | $0.011 | OrdinaryDividend |
| Dec 31, 2021 | $0.019 | OrdinaryDividend |
| Dec 28, 2021 | $0.003 | OrdinaryDividend |
| Dec 08, 2021 | $0.089 | CapitalGainShortTerm |
| Dec 08, 2021 | $0.070 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.009 | OrdinaryDividend |
| Oct 29, 2021 | $0.010 | OrdinaryDividend |
| Sep 30, 2021 | $0.010 | OrdinaryDividend |
| Aug 31, 2021 | $0.011 | OrdinaryDividend |
| Jul 30, 2021 | $0.012 | OrdinaryDividend |
| Jun 30, 2021 | $0.012 | OrdinaryDividend |
| May 28, 2021 | $0.011 | OrdinaryDividend |
| Apr 30, 2021 | $0.014 | OrdinaryDividend |
| Mar 31, 2021 | $0.013 | OrdinaryDividend |
| Feb 26, 2021 | $0.011 | OrdinaryDividend |
| Jan 29, 2021 | $0.009 | OrdinaryDividend |
| Dec 31, 2020 | $0.012 | OrdinaryDividend |
| Dec 28, 2020 | $0.004 | OrdinaryDividend |
| Dec 09, 2020 | $0.039 | CapitalGainShortTerm |
| Nov 30, 2020 | $0.012 | OrdinaryDividend |
| Oct 30, 2020 | $0.014 | OrdinaryDividend |
| Sep 30, 2020 | $0.015 | OrdinaryDividend |
| Aug 31, 2020 | $0.016 | OrdinaryDividend |
| Jul 31, 2020 | $0.017 | OrdinaryDividend |
| Jun 30, 2020 | $0.014 | OrdinaryDividend |
| May 29, 2020 | $0.015 | OrdinaryDividend |
| Apr 30, 2020 | $0.018 | OrdinaryDividend |
| Mar 31, 2020 | $0.021 | OrdinaryDividend |
| Feb 28, 2020 | $0.019 | OrdinaryDividend |
| Jan 31, 2020 | $0.023 | OrdinaryDividend |
| Dec 31, 2019 | $0.024 | OrdinaryDividend |
| Dec 26, 2019 | $0.159 | Extra |
| Nov 29, 2019 | $0.023 | OrdinaryDividend |
| Oct 31, 2019 | $0.016 | OrdinaryDividend |
| Sep 30, 2019 | $0.017 | OrdinaryDividend |
| Aug 30, 2019 | $0.023 | OrdinaryDividend |
| Jul 31, 2019 | $0.024 | OrdinaryDividend |
| Dec 13, 2017 | $0.066 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.106 | ExtraDividend |
| Dec 29, 2015 | $0.282 | ExtraDividend |
| Dec 16, 2015 | $0.098 | CapitalGainShortTerm |
| Dec 16, 2015 | $0.025 | CapitalGainLongTerm |
| Dec 29, 2014 | $0.463 | ExtraDividend |
| Dec 11, 2013 | $0.078 | CapitalGainShortTerm |
| Dec 11, 2013 | $0.020 | CapitalGainLongTerm |
| Dec 12, 2012 | $0.271 | CapitalGainShortTerm |
| Dec 12, 2012 | $0.043 | CapitalGainLongTerm |
| Dec 07, 2011 | $0.019 | CapitalGainShortTerm |
| Dec 08, 2010 | $0.087 | CapitalGainShortTerm |
| Dec 08, 2010 | $0.126 | CapitalGainLongTerm |
| Dec 09, 2009 | $0.304 | CapitalGainShortTerm |
| Dec 10, 2008 | $0.342 | CapitalGainShortTerm |
| Dec 13, 2006 | $0.023 | CapitalGainShortTerm |
| Dec 13, 2006 | $0.120 | CapitalGainLongTerm |
| Dec 13, 2004 | $0.127 | CapitalGainShortTerm |
| Dec 13, 2004 | $0.139 | CapitalGainLongTerm |
| Dec 10, 2003 | $0.170 | CapitalGainLongTerm |
| Dec 12, 2001 | $0.308 | CapitalGainShortTerm |
| Dec 12, 2001 | $0.003 | CapitalGainLongTerm |
| Dec 13, 2000 | $0.300 | CapitalGainShortTerm |
| Dec 16, 1999 | $0.018 | CapitalGainShortTerm |
PGBIX - Fund Manager Analysis
Managers
Andrew Balls
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Mr. Balls is PIMCO's CIO Global Fixed Income. Based in London, he oversees the firm’s European, Asia-Pacific, emerging markets and global specialist investment teams. Previously, he was head of European portfolio management, a global portfolio manager in the Newport Beach office and the firm’s global strategist. Prior to joining PIMCO in 2006, he was an economics correspondent and columnist for the Financial Times and a lecturer in economics at Keble College, Oxford. He holds a bachelor's degree from Oxford and a master's degree from Harvard University.
Sachin Gupta
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Mr. Gupta is a managing director in the Newport Beach office, global portfolio manager and head of the global desk. He is a member of the European Portfolio Committee and a rotating member of the Asia-Pacific Portfolio Committee, and has also served as a rotating member of the Investment Committee. Prior to joining PIMCO in 2003, he was in the fixed income and currency derivatives group at ABN AMRO Bank. He holds an MBA from XLRI, India. He received an undergraduate degree from Indian Institute of Technology, Delhi.
Lorenzo Pagani
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Dr. Pagani is a managing director and portfolio manager in the London office and head of the European rates desk. He is a member of the global bond and global real return portfolio management teams. Additionally, he is a member of the European Portfolio Committee, the Counterparty Risk Committee, and the Best Execution Committee. He also serves as head of talent management for portfolio management outside of the U.S. Prior to joining PIMCO in 2004, he was with the nuclear engineering department at the Massachusetts Institute of Technology (MIT) and with Procter & Gamble in Italy. He holds a Ph.D. in nuclear engineering from MIT. He graduated from the Financial Technology Option program of MIT/Sloan Business School and holds a joint master of science degree from the Politecnico di Milano in Italy and the Ecole Centrale de Paris in France.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.12 | 31.42 | 5.43 | 0.92 |
