About PDIIX
The PIMCO Diversified Income Fund Institutional Class is an actively managed mutual fund specializing in the multisector bond category. Its primary objective is to provide income by investing at least 65% of its assets in a globally diversified portfolio of fixed income securities, including investment grade and high yield corporate bonds, emerging market debt, and various securitized and government instruments. The fund leverages PIMCO’s extensive research and portfolio management expertise to actively allocate across asset classes, credit qualities, and regions, seeking optimal diversification and return potential relative to bond market risks.
Distinct features of the fund include exposure to both developed and emerging markets, allocation to derivatives for risk and return management, and a moderate credit quality and interest rate sensitivity profile. The portfolio is comprised of a variety of fixed income instruments of varying maturities, reflecting an average effective duration near 5 years. Managed by an experienced team, the fund is aimed at institutional investors, with a higher minimum initial investment and a competitive expense ratio. In the broader financial market, the PIMCO Diversified Income Fund Institutional Class is valued for its multi-asset strategy and its potential role as a core or diversifying fixed income holding in larger investment portfolios.
Fund Family PIMCO
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PDIIX
Share Class Institutional
Index Bloomberg Global Credit TR USDH
PDIIX had a total return of 6.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.69%.
