Morningstar

PIMCO International Bond (USD-Hdg) Instl PFORX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.99  /  +0.03 %
  • Total Assets 15.1 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.83%
  • Effective Duration 5.74 years

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:17 AM GMT+0

Morningstar’s Analysis PFORX

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

  • People Pillar

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

Remains a standout.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

PIMCO International Bond (USD-Hedged) is backed by three skilled managers who draw on the firm’s extensive resources, and it benefits from a flexible, diversified approach.

by Mike Mulach
Rated on Published on

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Portfolio Holdings PFORX

More PFORX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

IRS EUR 2.75000 09/18/24-5Y LCH Receive

19.75 2.9 Bil
Government

CDX IG42 5Y ICE

17.03 2.5 Bil
Derivative

IRS EUR 2.75000 09/18/24-10Y LCH Receive

14.52 2.1 Bil
Government

Cash Offset

13.94 2.0 Bil
—

IRS CNY 2.25000 09/18/24-5Y LCH Receive

13.32 2.0 Bil
Government

OIS CAD CAONREPO/3.50000 06/19/25-1Y LCH Receive

11.32 1.7 Bil
Government

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

10.66 1.6 Bil
Government

IRS EUR 3.00000 09/18/24-2Y LCH Receive

10.04 1.5 Bil
Government

RFR USD SOFR/3.75000 06/20/24-10Y LCH Receive

9.90 1.5 Bil
Government

EUROPEAN MONETARY UNION EURO Purchased

9.49 1.4 Bil
Derivative

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