Pimco Emerging Markets Local Currency and Bond (sold in Europe and Asia as Pimco GIS Emerging Local Bond) boasts a well-resourced team following 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.
PIMCO Emerging Markets Local Currency and Bond Fund Institutional Class PELBX
- NAV / 1-Day Return 6.21 / −0.96 %
- Total Assets 3.3B
-
Adj. Expense Ratio
0.900%
- Expense Ratio 0.900%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Emerging-Markets Local-Currency Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1M
- Status Open
- TTM Yield 7.08%
- Effective Duration 6.20 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:50 AM GMT+0
Morningstar’s Analysis PELBX
Will PELBX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PELBX 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 PELBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
RFR JPY MUTK/1.00000 12/17/25-2Y LCH Receive | 9.82 | 272M | Government |
OIS SGD SIBSORA/1.4031* 12/30/25-1Y LCH Receive | 9.21 | 255M | Government |
RFR JPY MUTK/1.00000 03/18/26-2Y LCH Receive | 8.05 | 223M | Government |
RFR USD SOFR/3.75000 06/20/24-7Y LCH Receive | 7.44 | 206M | Government |
Pimco Fds | 6.01 | 166M | Cash and Equivalents |
RFR JPY MUTK/1.50000 09/16/26-2Y LCH Receive | 5.17 | 143M | Government |
COLOMBIAN PESO-NDF Purchased | 4.84 | 134M | Derivative |
RFR USD SOFR/3.75000 12/17/25-5Y CME Receive | 4.73 | 131M | Government |
INDONESIAN RUPIAH-NDF Purchased | 4.65 | 129M | Derivative |
EUROPEAN MONETARY UNION EURO Purchased | 4.20 | 116M | Derivative |
United States