About PEMIX
PIMCO Emerging Markets Corporate Bond Fund Institutional Class is a mutual fund that seeks total return, consistent with preservation of capital, by investing at least 80% of its assets in a diversified portfolio of corporate fixed income instruments economically tied to emerging market issuers. These instruments include bonds issued by corporations in developing economies across regions such as Asia, Latin America, and Eastern Europe, encompassing both investment-grade securities and up to 20% in high-yield bonds, or junk bonds. The fund employs an active management approach, utilizing derivatives like futures, credit default swaps, and interest rate swaps alongside government securities and cash equivalents to enhance returns and manage risk. It focuses on security selection and portfolio construction processes evaluated for repeatability and alignment with investor interests. PIMCO Emerging Markets Corporate Bond Fund Institutional Class serves institutional investors seeking exposure to the higher yield potential of emerging markets corporate debt within a fixed income allocation, contributing to portfolio diversification in global bond markets.
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 6.78% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.38%.
