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Morningstar

PIMCO Emerging Markets Bond I2 PEMPX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 7.86  /  0.06 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 1.030%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 8.02%
  • Effective Duration 6.68 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PEMPX

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

People Pillar

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

A sensible approach to emerging-markets debt.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

PIMCO Emerging Markets Bond benefits from prudent portfolio construction and a large dedicated emerging-markets team as well as Pimco’s topnotch supporting resources. Despite some continued team turnover, the strategy’s institutional share class earns a Morningstar Analyst Rating of Bronze and its more-expensive share classes earn a Neutral.

by Mike Mulach
Rated on Published on

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Portfolio Holdings PEMPX

More PEMPX Holdings
  • Current Portfolio Date
  • Equity Holdings 8
  • Bond Holdings 897
  • Other Holdings 216
  • % Assets in Top 10 Holdings 25.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US 10 Year Note (CBT) Sept13

12.00
279,975,586
Government

EUROPEAN MONETARY UNION EURO Purchased

8.21
191,616,333
Derivative

RFR USD SOFR/1.75000 06/15/22-2Y CME Receive

3.65
85,129,030
Government

RFR USD SOFR/1.00000 09/21/22-2Y CME Pay

3.61
84,300,000
Government

Fin Fut Us 2Yr Cbt 09/29/23

3.45
80,541,141
Government

BRAZILIAN REAL-NDF Purchased

3.41
79,448,328
Derivative

Secretaria Tesouro Nacional 0%

2.58
60,152,858
Government

BRAZILIAN REAL-NDF Purchased

2.14
49,958,012
Derivative

Secretaria Tesouro Nacional 0%

2.05
47,865,305
Government

INDONESIA AS SP CBK

2.05
47,795,924
Derivative