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Morningstar

PIMCO Investment Grade Credit Bond Instl PIGIX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.68  /  −0.22 %
  • Total Assets 12.0 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 1.040%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.99%
  • Effective Duration 6.59 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PIGIX

Will PIGIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PIGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PIGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PIGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Turning the corner.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Pimco Investment Grade Credit Bond benefits from the skill of its veteran lead manager, the support of an impressive group of corporate bond specialists, and a versatile process that draws on the firm's robust macroeconomic and fundamental research.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings PIGIX

More PIGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CDX IG41 5Y ICE

8.07 985.3 Mil
Derivative

CDX ITRAXX MAIN40 5Y ICE

5.35 653.1 Mil
Derivative

Federal National Mortgage Association 4%

3.70 451.3 Mil
Securitized

United States Treasury Bonds 2%

2.37 289.0 Mil
Government

OIS CAD CAONREPO/3.75000 12/20/23-2Y LCH Receive

2.27 276.5 Mil
Government

Pimco Fds

2.16 263.2 Mil
Cash and Equivalents

United States Treasury Notes 1.375%

1.97 240.7 Mil
Government

Federal National Mortgage Association 5.5%

1.93 236.1 Mil
Securitized

EUROPEAN MONETARY UNION EURO Purchased

1.86 227.3 Mil
Derivative

United States Treasury Notes 3.875%

1.83 223.6 Mil
Government