About PEMIX
PIMCO Emerging Markets Corporate Bond Fund Institutional Class is an actively managed mutual fund focused on **corporate debt issued by companies tied to emerging economies**. The strategy seeks maximum total return by allocating at least 80% of assets to a diversified mix of **U.S. dollar and local-currency corporate fixed income** from regions such as Latin America, Eastern Europe, Asia, Africa, and the Middle East, complemented by risk management through derivatives and interest-rate hedges when appropriate. It typically maintains **moderate interest-rate sensitivity** and a diversified credit profile, reflecting exposure across investment-grade and high-yield issuers. The fund serves investors looking to access **corporate credit risk in emerging markets** rather than sovereign exposure, aiming to capture spread premia from private-sector issuers while leveraging PIMCO’s global research and trading platform. Within the emerging-markets bond category, it is positioned as a **specialized corporate-focused allocation** that can complement broader EM debt or global bond portfolios by adding sector, regional, and currency diversification alongside structured risk controls and liquidity management.
Fund Family PIMCO
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PEMIX
Share Class Institutional
Index Index is not available on Lipper Database
PEMIX had a total return of 9.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.94%.
