PIMCO International Bond (USD-Hedged) uses the same flexible and diversified approach under manager Andrew Balls that predecessor Scott Mather plied successfully for several years. A strong supporting team and sound approach underpin a Morningstar Analyst Rating of Gold or Silver for the strategy’s cheapest share classes, while its more expensive share classes earn Bronze ratings.
Will PFONX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFONX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PFONX 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 PFONX’s parent organization’s priorities and whether they’re in line with investors’ interests.