Pimco Emerging Markets Local Currency and Bond benefits from an enhanced process and significant resources, but some team changes are still fresh. Its Morningstar Analyst Rating is Neutral on all share classes but the most expensive, which is rated Negative.
Morningstar’s Fund Analysis PELPX
Will PELPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PELPX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PELPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PELPX’s parent organization’s priorities and whether they’re in line with investors’ interests.