PIMCO Global Advantage Strategy Bond Fund

Scorecard
3 / 5 Stars
Lipper
3 3 1 3 4
Zacks Investment Research
4 (Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
E (Sell)

#46 in World Bond

U.S. News evaluated 99 World Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.17 percent over the past year, 2.92 percent over the past three years, and 6.33 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 2.4%
1 Year 0.2%
3 Years (Annualized) 2.9%
5 Years (Annualized) 6.3%
10 Years (Annualized) N/A

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Summary

The investment seeks total return which exceeds that of its benchmarks, consistent with prudent investment management. The fund invests at least 80% of its assets in Fixed Income Instruments that are economically tied to at least three countries (one of which may be the United States), which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It may invest up to 10% of total assets in preferred stocks. The fund may also invest in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
PIMCO Global Advantage Strategy Bond Fund has an expense ratio of 1.10 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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