Morningstar

PIMCO Emerging Markets Bond Fund Class I-3 PEBNX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.04  /  −0.11 %
  • Total Assets 3.3B
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 1.030%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 6.29%
  • Effective Duration 6.57 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PEBNX

Will PEBNX 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 PEBNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PEBNX 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 PEBNX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PEBNX

More PEBNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 41.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future June 26

14.84 457M
Government

2 Year Treasury Note Future June 26

13.07 403M
Government

EUROPEAN MONETARY UNION EURO Purchased

10.08 311M
Derivative

Short-Term Euro BTP Future June 26

7.55 233M
Government

5 Year Treasury Note Future June 26

4.76 147M
Government

CDX.O P 0.75 IG45 5Y V1 I 05/20/26 GST

4.01 123M
Derivative

Pimco Fds

3.86 119M
Cash and Equivalents

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

3.04 94M
Government

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

2.82 87M
Government

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

2.18 67M
Government

Sponsor Center