PIMCO GIS Euro Income Bond Fund Investor EUR Accumulation
Fund
ISIN IE00BL3NGZ98 / Valor 51396625
NAV (2024-12-20)
EUR 10.23+0.29%
PIMCO GIS Euro Income Bond Fund Investor EUR Accumulation
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General Objective
The Euro Income Bond Fund aims to provide a consistent annual distribution yield through an actively managed portfolio of predominantly euro-denominated, investment grade bonds with an average duration of one to eight years. The fund focuses on higher coupon securities to generate income for the portfolio.
Fund Exposure
The fund allocates a minimum of 50% to Investment Grade securities, with a maximum of 25% to Emerging Market securities and a maximum of 30% non-euro currency exposure. This diversified strategy allows for potential income generation and capital appreciation over a full market cycle.
Risks
Investors should be aware of risks such as Credit and Default Risk, Currency Risk, Derivatives and Counterparty Risk, Emerging Markets Risk, Liquidity Risk, Interest Rate Risk, and Mortgage Related and Other Asset Backed Securities Risks. These risks could impact the value of the fund's investments and lead to potential gains or losses.