Pimco International Bond (USD-Hedged) is backed by three skilled managers who draw on the firm’s extensive resources and benefits from a flexible, diversified approach. The strategy earns a Morningstar Analyst Rating of Gold on its cheaper share classes; the more-expensive ones earn Silver.
Will PFRAX 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 PFRAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PFRAX 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 PFRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.