Pimco Global High Yield Bond

Select share classes
There is only one type of share class for this fund.

PIMCO GIS Global High Yield Bond Fund Institutional GBP (Hedged) Income

Category Global High Yield Bond - GBP Hedged
star-filledstar-filledstar-filledstar-filled
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£5.26

arrow-up£0.00 (+0.00%)

Fund Code

PGHYD

B0V9T86

IE00B0V9T862

Prices updated as at 17 May 2024
|
Prices in GBP
Investment objective
The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management. The Fund invests at least two-thirds of its total net assets in a diversified portfolio of high yield Fixed Income Instruments that are denominated in major world currencies and are rated lower than Baa by Moody’s or BBB by S&P or equivalently rated by Fitch. The Fund may invest up to 20% of its total net assets in high yield Fixed Income Instruments that are rated Caa or lower by Moody’s or CCC or lower by S&P or equivalently rated by Fitch (or, if unrated, determined by the Investment Advisor to be of a comparable quality). The portion of the Fund’s assets that are not invested in Fixed Income Instruments rated lower than Baa by Moody’s or lower than BBB by S&P or equivalently rated by Fitch may be invested in higher quality Fixed Income Instruments.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
Company name
PIMCO Global Advisors (Ireland) Limited
Fund launch date
30 Jun 2005
Domicile
Ireland
UCITS
Yes
Lead manager
David Forgash
Lead manager start date
01 Apr 2019
Lead fund manager biography
Executive Vice President, PIMCO. Mr. Forgash is a portfolio manager and head of global leveraged loans. In addition to being the lead portfolio manager for leveraged loans, he is also a member of the high yield and multi-sector credit teams. Prior to joining PIMCO in 2018, he was a senior portfolio manager at Millennium Capital Partners, investing across European credit. Previously, he was an executive director of European credit trading at Morgan Stanley, a managing director of U.S. credit trading at Greenwich Capital and a vice president in credit trading at Lehman Brothers. He has investment experience since 1994 and holds an MBA from the Stern School of Business at New York University. He received an undergraduate degree in economics from the University of Delaware.
Fund manager
Andrew Jessop
Manager start date
01 Jan 2010
Fund manager biography
Managing Director, PIMCO. Mr. Jessop joined PIMCO in 2009, as a senior portfolio manager and head of the high yield team. Prior to joining PIMCO, he was a managing director, portfolio manager and co-head of the high yield group at Goldman Sachs Asset Management, where he spent twelve years. He has investment experience since 1989 and holds a degree from Queens’ College, Cambridge University.
Head office
Mutual House
70 Conduit Street
Dublin
Ireland
W1S 2GF
Got a question?
Get in touch
we're here to help:
+353 1 4752211
Mon-Fri 8am to 6pm

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.