Preserve Principal and Diversify

With a history of less volatility compared to higher-risk investments such as equities, bonds have an important role to play in many investment portfolios.

Bonds for a Strong Foundation

Turn to the expertise of a global leader in active fixed income to help your clients build a strong portfolio foundation with bonds.

Risk-Adjusted Returns

Bonds provide opportunities for more attractive returns beyond cash amid changing economic environments.

Act as a Diversifier

Core bonds can serve as a portfolio anchor to reduce overall portfolio risk, no matter which way the markets move.

Protect Against Volatility

Because they are less vulnerable to steep drawdowns than riskier assets, bonds may help investors preserve capital.

More On Bonds

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More On Bonds

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A word about risk: all investments contain risk and may lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Income from municipal bonds is exempt from federal income tax and may be subject to state and local taxes and at times the alternative minimum tax; a strategy concentrating in a single or limited number of states is subject to greater risk of adverse economic conditions and regulatory changes.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2020, PIMCO