About PCEIX
PIMCO Climate Bond Fund Institutional Class is an actively managed mutual fund focused on global fixed income securities that integrate climate considerations into portfolio construction. The strategy seeks optimal risk-adjusted returns by investing at least 80% of assets in a diversified mix of bonds across maturities, including the use of derivatives such as futures, options, and swaps for efficient exposure and risk management. The fund targets a broad spectrum of climate-focused instruments and issuers demonstrating leadership on climate-related factors, providing exposure to green bonds, sovereigns, agencies, securitized credit, and corporate debt aligned with environmental objectives. Positioned within the corporate bond category, it pairs traditional credit research with climate criteria, aiming to channel capital toward projects and entities addressing transition and adaptation needs. The vehicle features institutional share class economics, including a below-average expense profile for its peer group and monthly income distributions, reflecting its role as a core-plus bond option for allocators seeking climate-integrated fixed income exposure. Its portfolio may employ currency and interest-rate overlays and maintain moderate duration to balance income, liquidity, and climate impact aims.
Fund Family PIMCO
Category Corporate Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PCEIX
Share Class Institutional Class
Index Bloomberg MSCI Global Green Bond TR USDH
PCEIX had a total return of -1.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.31%.
