About PFNUX
PIMCO Dynamic Bond Fund I-3 is an actively managed mutual fund focused on global fixed income. Its primary objective is to seek maximum long-term return while emphasizing preservation of capital and prudent risk management. The strategy invests predominantly in a diversified mix of fixed income instruments across varying maturities, including government, corporate, mortgage-related, and other securitized debt, and may use derivatives to manage duration, credit exposure, and currency risk. PIMCO Dynamic Bond Fund I-3 operates within the nontraditional bond category, allowing flexible allocation across sectors, geographies, and the yield curve as market conditions evolve. This flexibility supports its role as a core-plus bond allocation or a complementary diversifier alongside traditional aggregate bond exposure. The fund leverages PIMCO’s macroeconomic views, bottom-up credit research, and risk management framework to navigate interest rate cycles and credit spreads, aiming to deliver risk-adjusted total return through income and capital appreciation. According to the sponsor and third-party summaries, the fund maintains at least 80% of assets in fixed income instruments as part of its mandate.
Fund Family PIMCO
Category Nontraditional Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PFNUX
Share Class I-3
Index ICE BofA SOFR Overnight Rate TR USD
PFNUX had a total return of 2.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.28%.
