PIMCO Emerging Markets Local Currency and Bond Fund Class A (PELAX)
| Fund Assets | 3.27B |
| Expense Ratio | 2.42% |
| Min. Investment | $1,000 |
| Turnover | 212.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 6.48% |
| Dividend Growth | 6.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 6.11 |
| YTD Return | -3.62% |
| 1-Year Return | 12.99% |
| 5-Year Return | 21.92% |
| 52-Week Low | 5.63 |
| 52-Week High | 6.57 |
| Beta (5Y) | n/a |
| Holdings | 2194 |
| Inception Date | Jul 31, 2007 |
About PELAX
PIMCO Emerging Markets Local Currency and Bond Fund Class A is a mutual fund specializing in emerging market fixed income securities. This fund primarily seeks to achieve maximum total return while emphasizing the preservation of capital and prudent investment management. It invests at least 80% of its assets in currencies of, or in fixed income instruments denominated in the currencies of, emerging market countries; these holdings can include sovereign, quasi-sovereign, and corporate debt, and may be represented through forwards or derivatives such as options, futures, or swaps. The fund is non-diversified, allowing for focused positions in select issuers or markets, and it is managed by PIMCO, a firm globally recognized for its expertise in bond markets. Within the broader financial sector, this fund plays a significant role by offering investors exposure to emerging market local debt, which tends to provide diversification benefits and the potential for higher yields compared to developed market bonds. The fund distributes income monthly and is geared toward investors seeking emerging market currency and interest rate exposure as part of a broader fixed income allocation.
Performance
PELAX had a total return of 12.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03283 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03979 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0344 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03175 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03823 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03385 | Sep 30, 2025 |