About PAIIX
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class A is an open-end mutual fund focused on global fixed income with a mandate to seek maximum total return while preserving capital. The strategy invests primarily in bonds and other fixed income instruments across developed and emerging markets, typically allocating at least 80% to such securities and spanning multiple countries and sectors, including government, corporate, and securitized debt. A defining feature is its U.S. dollar-hedged approach, which aims to reduce currency risk by limiting unhedged foreign-exchange exposure, positioning the portfolio’s returns to be driven mainly by interest-rate and credit decisions rather than currency swings. Managed by PIMCO’s global fixed income team, the fund employs a flexible, benchmark-agnostic process that uses active duration, yield-curve positioning, credit selection, and derivatives to express views and manage risk. It targets diversified exposure with medium credit quality and limited interest-rate sensitivity, and distributes income on a monthly basis. The fund serves investors seeking broad, actively managed global bond exposure with currency hedging to U.S. dollars.
Fund Family PIMCO
Category World Bond-USD Hedged
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PAIIX
Share Class A
Index Bloomberg Global Aggregate TR USD Hedged
PAIIX had a total return of -0.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.70%.
