Morningstar Fund Report  | 03/04/2025Print

PIMCO GIS Income Fund R Class GBP (Hedged) Income

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
PIMCO GIS Income Fund R Class GBP (Hedged) Income
Fund2.1-8.77.44.93.3
+/-Cat2.10.20.30.31.7
+/-B’mrk3.94.81.72.12.1
 
Category: Global Flexible Bond - GBP Hedged
Category Benchmark: Morningstar Gbl Core Bd GR ...
Key Stats
NAV
01/04/2025		 GBP 9.55
Day Change 0.10%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector £ Strategic Bond
ISIN IE00B8XXWP07
Fund Size (Mil)
28/02/2025		 USD 93376.60
Share Class Size (Mil)
28/02/2025		 GBP 25.18
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.80%
Morningstar Research
Analyst Report09/05/2024
Eric Jacobson, Director
Morningstar, Inc

Pimco GIS Income deftly synthesizes the firm’s nearly unrivaled resources to create a package that earns a ‎Morningstar Analyst Rating of Gold for its institutional share class and a mix of Silver, Bronze, and Neutral for its costlier shares.‎...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent24
Process24
Performance
Price
Investment Objective: PIMCO GIS Income Fund R Class GBP (Hedged) Income
The primary investment objective of the Fund is to seek high current income, consistent with prudent investment management. Long-term capital appreciation is a secondary objective. The Fund will utilise a global multi-sector strategy that seeks to combine the Investment Advisor’s total return investment process and philosophy with income maximization. Portfolio construction is founded on the principle of diversification across a broad range of global fixed income securities. Top-down and bottom-up strategies are used to identify multiple sources of value to generate consistent returns.
Returns
Trailing Returns (GBP)01/04/2025
YTD3.41
3 Years Annualised3.82
5 Years Annualised4.81
10 Years Annualised3.03
12 Month Yield 6.23
Dividend Paying Frequency Monthly
Management
Manager Name
Start Date
Daniel Ivascyn
30/11/2012
Alfred Murata
30/11/2012
Click here to see others
Inception Date
30/11/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg US Agg Bond TR USDMorningstar Gbl Core Bd GR Hdg GBP
Portfolio Profile for  PIMCO GIS Income Fund R Class GBP (Hedged) Income31/12/2024
Fixed Income
Effective Maturity6.35
Effective Duration4.56
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.760.000.76
Bond222.8488.66134.18
Property0.000.000.00
Cash129.08180.29-51.21
Other6.701.385.32
Growth Of 1000 (GBP) 31/03/2025
Fund:  PIMCO GIS Income Fund R Class GBP (Hedged) Income
Category:  Global Flexible Bond - GBP Hedged
Category Index:  Morningstar Gbl Core Bd GR Hdg GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-1.586.894.602.11-8.667.434.903.31
+/- Category1.27-1.23-0.632.100.200.340.291.66
+/- Category Index-1.800.57-0.593.944.791.662.092.09
% Rank in Category257162154651524
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.10   0.050.11
1 Week0.31   0.12-0.43
1 Month0.41   0.600.62
3 Months3.41   1.642.05
6 Months2.32   1.552.14
YTD3.41   1.642.00
1 Year7.36   2.042.34
3 Years Annualised3.82   1.693.51
5 Years Annualised4.81   2.005.42
10 Years Annualised3.03   1.022.06
 
Category: Global Flexible Bond - GBP Hedged
Category Index: Morningstar Gbl Core Bd GR Hdg GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20253.31---
20241.360.314.16-0.95
20231.890.74-0.785.49
2022-4.70-6.10-1.773.90
2021-0.181.920.45-0.09
2020-9.377.282.574.89
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage3 star
5-YearAbove AverageAverage3 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  Global Flexible Bond - GBP HedgedClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev6.64 %
3-Yr Mean Return3.95 %
 
3-Yr Sharpe Ratio-0.02
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Core Bd GR Hdg GBP  Morningstar Gbl Corp Bd GR Hdg GBP
3-Yr Beta1.000.79
3-Yr Alpha3.502.08
 
Fixed Income Style31/12/2024
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 90095
Maturity Distribution %
1 to 313.80
3 to 511.54
5 to 77.41
7 to 1010.12
10 to 154.20
15 to 201.29
20 to 3017.87
Over 3016.83
Effective Maturity6.35
Effective Duration4.56
Credit Quality Breakdown %     %
AAA65.33   BB2.95
AA8.05   B2.62
A7.36   Below B3.93
BBB9.75   Not Rated0.00
 
Category: Global Flexible Bond - GBP Hedged
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock0.760.000.76
Bond222.8488.66134.18
Property0.000.000.00
Cash129.08180.29-51.21
Other6.701.385.32
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings30
Total Number of Bond Holdings6325
Assets in Top 10 Holdings64.57
NameSectorCountry% of Assets
Federal National Mortgage Association 6%United States11.89
Federal National Mortgage Association... United States11.12
10 Year Treasury Note Future Mar 25United States8.41
Federal National Mortgage Association 5%United States8.37
Low Sulphur Gas Oil Futures Mar25United Kingdom6.46
Federal National Mortgage Association... United States6.19
5 Year Treasury Note Future Mar 25United States4.48
United States Treasury Notes 1.875%United States2.97
PIMCO US Dollar S/T Fl NAV Z USD IncIreland2.80
BNP Paribas Issuance BV 1.3907%France1.87
 
Increase Decrease New since last portfolio
Category: Global Flexible Bond - GBP Hedged
 
Management
Name of CompanyPIMCO Global Advisors (Ireland) Limited
Phone+353 1 4752211
Websitewww.pimco.com
AddressMutual House
 Dublin   W1S 2GF
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date30/11/2012
Fund Advisor(s)
Pacific Investment Management Company, LLC
Fund ManagerDaniel Ivascyn
Manager Start Date30/11/2012
Career Start Year1992
Education
University of Chicago, M.B.A.
Occidental College, B.A.
 
Biography
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 strategies and credit hedge fund and mortgage opportunistic strategies. 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 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.
Fund ManagerAlfred Murata
Manager Start Date30/11/2012
Career Start Year2000
Education
Stanford University, Ph.D.
Stanford Law School, J.D.
 
Biography
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 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.
Fund ManagerJoshua Anderson
Manager Start Date30/07/2018
Career Start Year1995
Education
State University of New York, Buffalo, M.B.A.
 
Biography
Joshua Anderson is Managing Director, PIMCO. Mr. Anderson is a portfolio manager focusing on global structured credit investments. 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.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge2.50%
Ongoing Charge0.80%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes