Returns for a period of less than one year is not annualized. NAV and market price returns does not reflect broker sales charges or commissions in connection with the purchase or sales of Fund shares and includes the effect of any expense reductions. The calculation assumes that all dividends and distributions, if any, have been reinvested. Returns are calculated by determining the percentage change in NAV or market price (as applicable) in the specific period. Due to market volatility, current performance may be lower or higher than average annual returns shown. Shares may be worth more or less than original purchase price. Investment return and the value of shares will fluctuate. An investment in the fund involves risk, including loss of principal. Past performance is not a guarantee or a reliable indicator of future results. Please see the fund’s most recent shareholder report for more details. GAAP or the final tax character of those distributions might later report that the sources of those distributions included capital gains and/or a return of capital. It is possible that the fund may not issue a Section 19 Notice in situations where the fund’s financial statements prepared later and in accordance with U.S. GAAP, and recordkeeping practices under income tax regulations. It is important to note that differences exist between the fund’s daily internal accounting records, the fund’s financial statements prepared in accordance with U.S. Final determination of a distribution’s tax character will be made on Form 1099 DIV sent to shareholders each January. Please refer to the most recent Section 19 Notice, if applicable, for additional information regarding the composition of distributions. A negative value for Undistributed Net Investment Income represents the potential for a ROC on an estimated tax basis. Because the distribution rate may include a ROC, it should not be confused with yield or income. Distributions may be comprised of ordinary income, net capital gains, and/or a return of capital (ROC) of your investment in the fund. PIMCO has been actively managing income-producing securities since the firm’s founding in 1971.The firm’s innovative investment process is designed to add value for clients by marrying a top-down, global macroeconomic outlook with bottom-up analysis from one of the industry’s most experienced research teams.ĭistribution rates are not performance and are calculated by annualizing the most recent distribution per share and dividing by the NAV or Market Price as of the reported date. The fund will normally maintain an average portfolio duration of between zero and eight years. The Fund may normally invest up to 40% of its total assets in securities of issuers economically tied to emerging market countries. The fund will normally invest at least 25% of its total assets in privately issued (commonly known as “non-agency”) mortgage-related securities. The fund’s investment universe includes mortgage-backed securities, investment grade and high yield corporates, developed and emerging markets corporate and sovereign bonds, other income-producing securities and related derivative instruments. The fund normally invests worldwide in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments. Offering access to PIMCO’s best income-generating ideas across multiple global fixed income sectors, the multi-sector fund seeks current income as a primary objective and capital appreciation as a secondary objective.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |