About PEGIX
PIMCO ESG Income Fund Institutional is a multi-sector bond mutual fund designed to maximize current income while also seeking long-term capital appreciation. Managed by an experienced team at PIMCO, the fund invests at least 65% of its assets across a diversified portfolio of fixed income instruments with varying maturities, using both traditional securities and derivatives such as forwards, options, futures, and swaps. Key features of this fund include a strategic focus on environmental, social, and governance (ESG) criteria, integrating these considerations into security selection and portfolio construction. The fund's holdings span government bonds, securitized debt, and other fixed income assets, with significant exposure to rate-based instruments and mortgage-backed securities.
PIMCO ESG Income Fund Institutional typically appeals to institutional investors, given its $1,000,000 minimum investment, and distinguishes itself with a low expense ratio relative to peers. It distributes income monthly, maintaining a competitive yield while managing credit quality and interest rate sensitivity within a moderate range. This fund plays a role in the market by offering institutional investors exposure to income-generating fixed income assets, while aligning with ESG investment principles.
Fund Family PIMCO
Category Multisector Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PEGIX
Share Class Institutional
PEGIX had a total return of 3.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.14%.
