Markets Fluctuate. Your Income Doesn’t Have To.
Why PIMCO Income Fund?
How does the Fund generate income?
It invests across a broad range of income-generating bonds globally, sourcing income opportunities from multiple sectors rather than relying on a single market.
What makes the Fund’s approach different?
The Fund uses a flexible, multi-sector approach, allowing it to allocate across global bond markets and adapt to changing market conditions.
How does the Fund manage risk?
The strategy is risk-focused with an emphasis on capital preservation, supported by rigorous credit research and PIMCO’s investment process.
Who is the Fund suitable for?
The Fund is designed for investors seeking steady income with diversification across global fixed income markets, while maintaining a focus on risk management.
More to Know
PIMCO’s experts regularly produce insights on economic and market trends that can impact income-focused investors.
Group CIO Dan Ivascyn explains why resilience, quality, and global diversification matter more than reaching for risk amid geopolitical conflict, credit stress, and the AI boom.
With yields across high quality fixed income offering a meaningful valuation cushion, this excerpt from our quarterly Income update explores the role of starting yields, quality, liquidity, and global diversification in shaping a more resilient approach to fixed income.
Higher starting yields help anchor portfolios as uncertainty across markets and the global economy rises.
We believe today’s mix of attractive starting yields, global economic divergence, and shifting markets create a compelling environment for active fixed income.
Josh Anderson, Portfolio Manager, shares how PIMCO’s flexible, multi-sector Income Strategy helps investors pursue resilient returns in today’s shifting market landscape.
We see compelling opportunities for fixed income investments amid economic uncertainty and optimistic equity valuations.
Group CIO Dan Ivascyn shares why today’s environment offers compelling opportunities for bond investors. From attractive high-quality yields to the potential benefits of locking in rates as cash returns decline, learn why fixed income strategies deserve a closer look now.
We focus on high quality investments with compelling yields in an environment of elevated uncertainty.
In today’s markets, generating yield without sacrificing resilience is paramount. Group CIO Dan Ivascyn discusses how our income approach leverages elevated starting yields and a flexible portfolio to deliver attractive returns while managing risk.
We maintain a focus on resiliency as elevated yields within high quality fixed income continue to offer attractive opportunities.
Attractive yields and a broad opportunity set bolster active bond investments amid today’s uncertain macroeconomic and market outlook.
We seek to capitalize on today’s attractive yields while staying mindful of economic and market uncertainties.
Our Award-Winning Income Team
Daniel J. Ivascyn
Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He is lead portfolio manager for the firm's income, credit hedge fund, and mortgage opportunistic strategies, and is also a portfolio manager for total return strategies. He is a member of PIMCO's Executive Committee and a member of the Investment Committee. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013, and he was inducted into the Fixed Income Analysts Society Hall of Fame in 2019. Prior to joining PIMCO in 1998, he worked at Bear Stearns in the asset-backed securities group, as well as T. Rowe Price and Fidelity Investments. He has 35 years of investment experience and holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor's degree in economics from Occidental College.
Alfred Murata
Mr. Murata is a managing director and portfolio manager in the Newport Beach office, managing income-oriented, multi-sector credit, opportunistic and securitized strategies. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2013. Prior to joining PIMCO in 2001, he researched and implemented exotic equity and interest rate derivatives at Nikko Financial Technologies. He has 26 years of investment experience and holds a Ph.D. in engineering-economic systems and operations research from Stanford University. He also earned a J.D. from Stanford Law School and is a member of the State Bar of California.
Joshua Anderson
Mr. Anderson is a managing director and portfolio manager on the income team in the Newport Beach office. He also leads the global ABS (asset-backed securities) portfolio management team and supports the firm's opportunistic strategies. Previously at PIMCO, he oversaw PIMCO's European opportunistic investments across public and private mortgage, real estate and specialty finance markets, and earlier he was a structured product portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2003, he was an analyst at Merrill Lynch covering both the residential ABS and collateralized debt obligation sectors and was ranked as one of the top analysts by Institutional Investor magazine. He was previously a portfolio manager at Merrill Lynch Investment Managers. He has 31 years of investment experience and holds an MBA from the State University of New York, Buffalo.