|840 Newport Center Dr., Ste. 100 , Newport Beach, CA 92660|
|Fund Manager||Team Managed|
The Fund seeks maximum total return,consistent with preservation of capital and prudent investment management.The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in Fixed Income Instruments that are economically tied to emerging market countries,which may be represented by forwards or derivatives such as options,futures contracts or swap agreements."Fixed Income Instruments" include bonds,debt securities and other similar instruments issued by various U.S.and non-U.S.public-or private-sector entities.Such instruments may be denominated in non-U.S.currencies and the U.S.dollar.The average portfolio duration of this Fund normally varies within two years (plus or minus) of the portfolio duration of the securities comprising the JPMorgan Emerging Markets Bond Index(EMBI) Global,as calculated by Pacific Investment Management Company LLC ("PIMCO"),which as of May 31,2018 was 6.46 years.Duration is ameasure used to determine the sensitivity of a security's price to changes in interest rates.The longer a security's duration,the more sensitive it will beto changes in interest rates.PIMCO has broad discretion to identify countries that it considers to qualify as emerging markets.The Fund emphasizes countries with relatively lowgross national product per capita and with the potential for rapid economic growth.PIMCO will select the Fund's country and currency composition based on its evaluation of relative interest rates,inflation rates,exchange rates, monetary and fiscal policies,trade and current account balances,legal and political developments and any other specific factors PIMCO believes to be relevant.The Fund likely will concentrate its investments in Asia,Africa,he Middle East,Latin America and the developing countries of Europe.The Fund may invest in instruments whose return is based on the return of anemerging market security or a currency of an emerging market country,such as a derivative instrument,rather than investing directly in emerging market securities or currencies.The Fund may invest in both investment-grade securities and high yield securities ("junk bonds") subject to a maximum of 15% of its total assets in securities rated below B by Moody's Investors Service,Inc.("Moody's"),or equivalently rated by Standard & Poor's Ratings Services ("S&P") or Fitch,Inc.("Fitch"), or,if unrated,determined by PIMCO to be of comparable quality.
|Asset Type||% Of Allocation|
|Total Net Assets||2.52 B|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 08/31/2021||Average Annual Current Performance Quarterly As Of 05/31/2021||Avg Annual Current Performance Monthly As Of 08/31/2021||Avg Annual Current Performance Quarterly As Of 05/31/2021|
|Life Of Fund||
Join the Action Alerts PLUS Community today!
Jim Cramer has your game plan for next week, which he says will be the calm before the earnings season storm.
Starbucks reportedly said it will raise wages and benefits and a union isn’t needed, to employees at three stores in Buffalo New York.
Exxon has 'reduced costs, surprised to the downside on capital spending, outperformed our expectations in downstream/chemicals,' Goldman said.
Companies need to forget about help from Washington and step up to the plate.
Evergrande's default saga, as well as mounting supply chain issues, have stocks trading mixed Friday.
Jim Cramer discusses China's crypto clampdown and Nike's report.