A conservative core bond investment designed to make an impact
Focused on shorter-term securities, the fund employs a core bond strategy incorporating PIMCO’s signature total return philosophy within a socially conscious framework; provides broad market exposure with lower sensitivity to interest rate movements; and proactively engages with issuers to achieve environmental-, social- and governance-related (ESG) objectives.
Why Invest In This Fund
Enhanced return and volatility profile
Focused on short- and intermediate-term fixed income securities with a concentration on socially conscious companies, the fund has a one- to three-year duration range, which typically offers a yield advantage over short-term bond funds. It also uses multiple value-added strategies in an effort to enhance returns and manage risk, an approach that has helped deliver solid results. Historically, the fund has provided steadier returns than intermediate- or long-term bond funds, although it may not generate the return potential of longer-term bonds..
Investing for sustainability and impact as well as returns
The fund seeks to encourage positive social change while using its time-tested investment process to deliver attractive long-term performance. PIMCO’s approach to sustainable investing integrates dedicated ESG research with a robust credit research process to identify relative value opportunities while optimizing the portfolio based on ESG-based criteria. This approach also seeks to actively engage with issuers with the goal of improving their ESG-related business practices.
Impressive long-term track record
Credit analysis and sector emphasis strategies have helped boost long-term returns and manage overall risk; the fund has delivered attractive returns since inception.
The fund’s expert portfolio management team - Scott
Mather, CIO U.S. Core Strategies, Mike Amey, head of
PIMCO’s ESG strategies, and Jerome Schneider, head
of the short-term and funding desk - is supported by
the full spectrum of PIMCO’s global resources and our
four decades of active bond management experience.
ICE BofAML 1-3 Year U.S. Treasury Index
PRIMARY BENCHMARK DESCRIPTION
The ICE BofAML 1-3 Year U.S. Treasury Index is an unmanaged index comprised of U.S. Treasury securities, other than inflation-protection securities and STRIPS, with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than three years. It is not possible to invest directly in an unmanaged index.
Monthly with Daily Accrual
SHARE CLASS INCEPTION