PIMCO Emerging Markets Local Currency and Bond Fund Class A (PELAX)
| Fund Assets | 3.34B |
| Expense Ratio | 2.42% |
| Min. Investment | $1,000,000 |
| Turnover | 123.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 6.49% |
| Dividend Growth | 6.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 6.27 |
| YTD Return | 1.94% |
| 1-Year Return | 9.83% |
| 5-Year Return | 24.48% |
| 52-Week Low | 6.07 |
| 52-Week High | 6.57 |
| Beta (5Y) | n/a |
| Holdings | 2020 |
| Inception Date | n/a |
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 9.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.42%.
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 Emerging Markets Debt Local Currency Fund | n/a |
Top 10 Holdings
24.47% of assets| Name | Symbol | Weight |
|---|---|---|
| PIMCO FUNDS - PIMCO PRV SHORT TERM FLT III MUTUAL FUND | n/a | 6.03% |
| COLOMBIAN GOVT - TITULOS DE TESORERIA BONDS 08/29 11 | n/a | 2.55% |
| SOUTH AFRICA GOVT - REPUBLIC OF SOUTH AFRICA BONDS 02/35 8.875 | n/a | 2.41% |
| CHILEAN GOVT - BONOS TESORERIA PESOS UNSECURED 144A REGS 09/30 4.7 | n/a | 2.32% |
| COLOMBIAN GOVT - TITULOS DE TESORERIA BONDS 01/35 11.75 | n/a | 2.16% |
| MEXICO GOVT - MEX BONOS DESARR FIX RT BONDS 02/30 8.5 | n/a | 2.08% |
| POLAND GOVT - POLAND GOVERNMENT BOND BONDS 07/30 4.5 | n/a | 1.98% |
| PERU GOVT - REPUBLIC OF PERU SR UNSECURED 144A 08/32 6.15 | PERU.6.15 08.12.32 144A | 1.73% |
| DOMINICAN REPUBLIC GOVT - DOMINICAN REPUBLIC SR UNSECURED 144A 03/37 10.5 | DOMREP.10.5 03.15.37 144a | 1.64% |
| PHILIPPINES GOVT - PHILIPPINE GOVERNMENT BONDS 02/29 6.25 | n/a | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.03656 | Jul 31, 2026 |
| Jun 30, 2026 | $0.0326 | Jun 30, 2026 |
| May 29, 2026 | $0.03409 | May 29, 2026 |
| Apr 30, 2026 | $0.03582 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03676 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03283 | Feb 27, 2026 |