GIS Dynamic Bond Fund

ISIN: IE00B62Z3J44

Updated 23 August 2019

  • The Fund may use or invest in financial derivatives.

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  • DAILY NAV (GBP)
    11.19
  • DAILY YTD RETURN
    0.81%
  • TOTAL NET ASSETS (USD)
    4,007 MM
    (as of 31/07/2019)
  • TOTAL NET ASSETS (USD)
    4,007 MM
    (as of 31/07/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    18/03/2010
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    18/03/2010

Objective

The investment objective of the Dynamic Bond Fund is to seek maximum long-term return, consistent with preservation of capital and prudent investment management.

Overview

Prior to 1 October 2018, the Dynamic Bond Fund was named the Unconstrained Bond Fund.

Fund Description

The PIMCO Dynamic Bond Fund is an absolute returnoriented, investment-grade bond strategy that is not tethered to benchmark-specific guidelines or significant sector constraints. The fund utilizes PIMCO’s global secular forecast and an integrated investment process across multiple sectors with a duration that may range from -3 to +8 years.

Investor Benefits

This fund offers attractive risk-adjusted return, active downside risk mitigation and strong diversification within an overall portfolio context.

The Fund Advantage

The fund’s broader investment discretion to adjust duration exposure, allocate across sectors and express other active views offer attractive risk-adjusted return.

PRIMARY BENCHMARK

1 Month GBP LIBOR Index

PRIMARY BENCHMARK DESCRIPTION

1 Month GBP LIBOR (London Interbank Offered Rate) Index is an average interest rate, determined by the ICE Benchmark Administration, that banks charge one another for the use of short-term money in England's Eurodollar market. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

18/03/2010

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B62Z3J44

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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WKN

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VAG Compliance

Traspasable

Yes

Overview Footnotes & Disclosures

disclosures

This share class aims to pay dividends at the frequency stated above. Dividend payout is not guaranteed.

RELATED

Managers

Marc P. Seidner

CIO Non-traditional Strategies

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Mohsen Fahmi

Portfolio Manager, Global Fixed Income

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Daniel J. Ivascyn

Group Chief Investment Officer

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/07/2019 3.80%
Current Yield4 as of 31/07/2019 3.15%
Underlying Portfolio Yield5 as of 31/07/2019 1.35%
Yields & Distributions Footnotes & Disclosures

disclosures

1PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data. Yields reported gross of fees, the deduction of which will reduce the yield.
2Dividend is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. A positive distribution yield does not imply a positive return. Distribution payments of the Fund where applicable, may at the sole discretion of the Fund, be made out of either income and/ or capital of the Fund. In the case of the Fund, the Fund may at its discretion pay dividends out of capital which may result in an immediate reduction of the Fund’s NAV per share. In the case of Income II Shares, the Fund may at its discretion pay dividends out of capital as well as take into account the yield differential arising from share class currency hedging (which constitutes a distribution from capital). The management and other fees payable by the Income II Shares may also be charged to the capital of the Income II Shares, resulting in an increase in distributable income available for the payment of dividends and therefore, the Income II Shares may effectively pay dividends out of capital. This may result in an immediate reduction of the NAV per share for the Income II Shares.
3For share classes that have been incepted for less than one year, the average payout yield is calculated as the cumulation of payout yields since inception [sum of non-annualised distribution yield since inception; non –annualized yield for each period = Dividend Rate / NAV on ex-dividend day]. For dividend-paying share classes that have been incepted for more than one year, the average payout yield is calculated as average annualized dividend yield since inception [sum of annualized dividend yield since inception/ No. of periods since inception].
4Current yield is a security’s annual income (interest or dividends) divided by its current price. The estimate of current yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used. Yields reported gross of fees, the deduction of which will reduce the yield.
5The underlying portfolio yield is calculated as estimated current yield net of unified fees for the share class [Current Yield – Unified Fees]. Current yield is a security’s annual income (interest or dividends) divided by its current price. The underlying portfolio yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used. Yields reported net of fees.
6For share classes that have been incepted for less than 1 year, the average distribution since inception is calculated on a cumulative basis for the year[sum of dividend amount since inception]. For share classes that have been incepted more than 1 year but less than 10 years, the average distribution since inception is calculated as the average distribution amount since inception [sum of dividend amount since inception/ No. of periods since inception].For share classes that have incepted for more than 10 years, the average distribution is disclosed for the past 10 years. [sum of dividend amount for the past 10 years/ No. of periods for the past 10 years].

Fees & Expenses

Unified Fee7 1.80%