Morningstar

PIMCO Emerging Markets Bond Fund Class A PAEMX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.57  /  −0.46 %
  • Total Assets 3.2B
  • Adj. Expense Ratio
    1.200%
  • Expense Ratio —
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.37%
  • Effective Duration 6.57 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PAEMX

Will PAEMX outperform in the 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 PAEMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAEMX 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 PAEMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Among the category’s elite.

Principal Shannon Kirwin

Shannon Kirwin

Principal

Summary

Pimco Emerging Markets Bond (sold in Europe and Asia as Pimco GIS Emerging Markets Bond Fund) boasts a well-resourced team and a standout investment process. After a recent bout of elevated turnover, the team has settled into its new shape, meriting an upgrade of its People rating from Above Average to High.

by Shannon Kirwin
Rated on Published on

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Portfolio Holdings PAEMX

More PAEMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future Sept 26

16.15 537M
Government

2 Year Treasury Note Future Sept 26

12.03 400M
Government

EUROPEAN MONETARY UNION EURO Purchased

9.36 311M
Derivative

Short-Term Euro BTP Future Sept 26

6.37 212M
Government

5 Year Treasury Note Future Sept 26

4.30 143M
Government

Pimco Fds

3.58 119M
Cash and Equivalents

IRS EUR 2.75000 09/16/26-10Y LCH Receive

2.75 92M
Government

IRS CZK 3.63600 02/09/26-5Y CME Receive

2.15 72M
Government

RFR USD SOFR/3.32500 07/06/26-4Y* LCH Receive

2.12 70M
Government

RFR USD SOFR/3.25000 06/18/25-5Y LCH Receive

2.02 67M
Government

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