4 / 5 Stars
4 3 1 1 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#3 in Emerging Markets Bond
U.S. News evaluated 91 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -1.16 percent over the past year, and 5.12 percent over the past three years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-2.5%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in a diversified portfolio of corporate Fixed Income Instruments that are economically tied to emerging market countries, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest in both investment-grade securities and junk bonds subject to a maximum of 20% of its total assets in securities rated below Ba by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.
Fees are High compared to funds in the same category.
PIMCO Emerging Markets Corporate Bond Fund has an expense ratio of 1.17 percent.
Risk is Low compared to funds in the same category according to Morningstar.