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Morningstar

PIMCO Global Advantage Strategy Bd Instl PSAIX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.60  /  0.20 %
  • Total Assets 289.4 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.760%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.40%
  • Effective Duration 4.56 years

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 12:19 AM GMT+0

Morningstar’s Analysis PSAIX

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

People Pillar

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

A strong management team and sound investment process underpin PIMCO Global Advantage Strategy Bd Instl's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PSAIX

More PSAIX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 775
  • Other Holdings 415
  • % Assets in Top 10 Holdings −3.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

50.19
143,918,718
—

IRS EUR 3.00000 09/20/23-10Y LCH Receive

18.29
52,446,280
Government

EUROPEAN MONETARY UNION EURO Purchased

16.51
47,355,643
Derivative

IRS EUR 3.00000 09/20/23-5Y LCH Receive

11.34
32,530,876
Government

OIS CAD CAONREPO/3.50000 05/10/24-1Y LCH Receive

10.62
30,453,098
Government

RFR USD SOFR/3.15000 05/13/24-1Y LCH Pay

10.25
29,400,000
Government

CDX IG40 5Y ICE

9.77
28,012,916
Derivative

CHINESE - YUAN RENMINBI-NDF Purchased

8.88
25,471,130
Derivative

RFR GBP SONIO/3.50000 09/20/23-10Y LCH Receive

8.22
23,571,466
Government

RFR USD SOFR/4.25000 12/20/23-2Y LCH Pay

7.78
22,300,000
Government