About PCEBX
PIMCO Climate Bond Fund Class A is an actively managed fixed income mutual fund focused on integrating climate considerations into global bond investing. The fund seeks optimal risk‑adjusted returns while accounting for long‑term climate‑related risks, investing at least a substantial majority of assets in a diversified portfolio of investment‑grade and securitized bonds, sovereigns, agencies, and select derivatives to manage duration and currency exposures. It emphasizes issuers and structures aligned with climate objectives, including green and sustainability‑linked bonds, alongside traditional high‑quality credits, to reflect both environmental criteria and core bond market dynamics. The strategy typically targets a moderate interest‑rate sensitivity profile, with an effective duration near the intermediate range, and maintains a corporate bond category orientation with medium credit quality characteristics. Managed by PIMCO, it employs the firm’s macro and bottom‑up research to balance climate alignment with liquidity and income generation, using futures, swaps, and currency positions for portfolio construction and risk management. The share class features a front‑load structure and higher ongoing fees relative to peers, with a minimum initial investment commonly set at $1,000.
Fund Family PIMCO
Category Corporate Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PCEBX
Share Class Class A
Index Bloomberg MSCI Global Green Bond TR USDH
PCEBX had a total return of -2.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.87%.
