PIMCO Fixed Income

The pursuit of better outcomes.

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For those who’ve been sitting on the sidelines of the bond market, we see a strong case for investing in fixed income today. Yields across fixed income sectors are higher than they’ve been in years. While uncertainty and volatility will remain in 2024, higher starting yields mean higher return potential.

When yields peak, strong performance typically follows.* During the five most recent major market downturns, both core and investment grade corporate bonds came roaring back a year after each peak, rewarding patient investors with attractive returns.

Why PIMCO GIS Income Fund?

Today's uncertainty demands an income expert. For more than 50 years, we’ve been creating fixed income strategies designed to provide attractive income and withstand periods of market stress.

Taking a flexible, multi-sector approach, PIMCO GIS Income Fund is able to invest across the global fixed income universe, which is roughly US$136 trillion in size (as of 31 Dec 2022), to find the most compelling income opportunities. It aims to deliver potentially high consistent income with long-term capital appreciation, while managing downside risk, particularly in the sort of challenging market conditions we see today.

Duration icon

4.79

Duration (years)

Annual Monthly Distribution Yield icon

6.57%

Annualized Monthly Distribution Yield1

This share class aims to pay dividend on a monthly basis. Dividend payout is not guaranteed and may be paid out of capital.
Credit icon

AA-

Average credit quality

Yield to Maturity icon

8.23%

Est. Yield to Maturity2

* Using Bloomberg US Aggregate Index data 5 years forward. E USD Inc share class. 1 This share class aims to pay dividend on a monthly basis. For funds with monthly distribution, the annualized distribution yields are annualized on a 12 month calendar year [Annualized distribution yield= (Dividend Rate * 12) / NAV on ex-dividend day]. Dividend is not guaranteed. A positive distribution yield does not imply a positive return. The dividend amount or dividend distribution rate/yield is based on historical dividend amount or dividend rate/yield. The dividend amount or dividend rate/yields is not guaranteed. Past distributions are not necessarily indicative of future trends, which may be lower. 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 and the Income II Shares, the Fund may at its discretion pay dividends out of capital and charge management fees to capital, thereby resulting in an increase in distributable income available for the payment of dividends by the Fund/Income II Shares and therefore, the Fund / Income II shares may effectively pay dividends out of capital. In the case of Income II Shares, the Fund may also charge other fees to capital and also take into account the yield differential arising from share class currency hedging (which constitutes a distribution from capital). This may result in an immediate reduction of the NAV per share for the Fund and the Income II Shares. Please refer to www.pimco.com.sg for more information on income statistics. 2 Yield to Maturity (YTM) is the estimated total return of a bond if held to maturity. All data as of 31 October 2023 unless otherwise stated.

Income Solution

PIMCO GIS Income Fund

A flexible multi-sector strategy that seeks high, consistent income.

Refinitiv Lipper Fund Awards

Best Global USD Bond Fund Over 10 Years*

* The PIMCO GIS Income Fund E USD Acc was awarded the Refinitiv Lipper Fund Awards Singapore based on its performance as of 31 December 2022. Refinitiv Lipper Fund Awards, ©2023 Refinitiv. All rights reserved. Used under license.

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Any views and opinions expressed in this page are PIMCO’s and may not reflect the position or views of DBS Bank Ltd. DBS Bank Ltd does not act as adviser and does not assume liability for the information and opinions provided in this page or for your reliance on this page.  Any view, opinion or recommendation expressed in this page does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should seek advice from a financial adviser regarding the suitability of any investment product, taking into account your specific investment objectives, financial situation or particular needs.

Disclosures

Past performance is not an indicator of future results.

Forecasts, estimates and certain information contained herein are based upon proprietary research and should not be interpreted as investment advice, as an offer or solicitation, nor as the purchase or sale of any financial instrument. Forecasts and estimates have certain inherent limitations, and unlike an actual performance record, do not reflect actual trading, liquidity constraints, fees, and/or other costs. In addition, references to future results should not be construed as an estimate or promise of results that the Fund may achieve.

PIMCO 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 sources each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in PIMCO's Portfolio Analytics database, PIMCO sources 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. The source data used in such circumstances is a static metric and PIMCO makes no representation as to the accuracy of the data for the purposes of calculating the Estimated Yield to Maturity. The Estimated Yield to Maturity is provided for illustrative purposes only and should not be relied upon as a primary basis for an investment decision and should not be interpreted as a guarantee or prediction of future performance of the Fund or the likely returns of any investment.

Investment involves risk including possible loss of the principal amount invested. PIMCO Funds: Global Investors Series plc is an umbrella type open-ended investment company with variable capital and is incorporated with limited liability under the laws of Ireland with registered number 276928. PIMCO Funds: Global Investors Series plc has appointed PIMCO Asia Ptd Ltd as the Singapore Representative. The Fund may use or invest in financial derivative instruments and be subject to various risks (including for e.g. liquidity risk, interest rate risk, market risk, credit risk and management risk etc.) associated with such investments in financial derivative instruments. The Fund’s use of, or investment in, financial derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Participation in the markets for financial derivative instruments involves investment risks and transaction costs to which the Fund may not be subject if such strategies are not used. You should carefully consider these risks prior to making an investment in the Fund. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information is contained in the Fund’s Singapore Prospectus which is available and can be obtained from our website www.pimco.com.sg or by contacting the Singapore Representative or a distributor of the Fund. Prospective investors should read the Fund's Singapore Prospectus before deciding whether to subscribe for or purchase shares in any of the Funds. Investors may also wish to seek advice from a financial adviser before making a commitment to invest and in the event you choose not to seek advice, you should consider whether the investment is suitable for you. The value of shares of the Fund and the income accruing to them, if any, may fall or rise. The Funds typically offer different share classes, which are subject to different fees and expenses (which may affect performance), have different minimum investment requirements and are entitled to different services. Unless otherwise stated in the prospectus, the Fund referenced in this material is not managed against a particular benchmark or index, and any reference to a particular benchmark or index in this material is made solely for risk or performance comparison purposes.