The US High Yield Bond Fund seeks to maximise total return
and limit risk. The fund invests at least two-thirds of its
assets in a diversified portfolio of US high yield bonds rated
lower than Baa by Moody’s or BBB by S&P, with a maximum
of 30% of its assets in securities rated lower than B
This fund offers compelling diversification benefits and the opportunity to gain exposure to different sectors of the economy.
The Fund Advantage
The fund employs PIMCO’s fundamental research process, including top-down economic views, bottom-up security selection and extensive global resources.
ICE BofAML US High Yield Constrained Index
PRIMARY BENCHMARK DESCRIPTION
ICE BofAML US High Yield Constrained Index tracks the performance of US dollar denominated below investment grade rated corporate debt publically issued in the US domestic market. To qualify for inclusion in the index, securities must have a below investment grade rating (based on an average of Moody's, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody's, S&P, and Fitch foreign currency long term sovereign debt ratings).
SHARE CLASS INCEPTION