PIMCO International Bond Fund (U.S. Dollar-Hedged) Class I-3 (PFONX)
| Fund Assets | 17.18B |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 699.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.11% |
| Dividend Growth | -20.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.72 |
| YTD Return | -1.55% |
| 1-Year Return | 2.80% |
| 5-Year Return | 5.01% |
| 52-Week Low | 9.65 |
| 52-Week High | 10.03 |
| Beta (5Y) | n/a |
| Holdings | 1991 |
| Inception Date | Apr 27, 2018 |
About PFONX
PIMCO International Bond Fund (U.S. Dollar-Hedged) Class I-3 is a mutual fund designed to maximize total return while preserving capital through prudent investment management. It achieves this objective by investing at least 80% of its assets in fixed income instruments economically tied to foreign countries, with currency exposure hedged back to U.S. dollars to mitigate exchange rate risk. The fund employs a flexible, diversified approach across developed and emerging markets, focusing on sovereign bonds, corporate credit, securitized debt, and derivatives such as interest rate swaps and futures. Managed by an experienced team leveraging PIMCO's global resources, it benchmarks against the Bloomberg Global Aggregate ex-USD Hedged Index, allowing moderate allocations to U.S. rates, below-investment-grade debt up to 10%, and varying durations typically on the shorter side. Key holdings include mortgage-backed securities from agencies like FNMA and FHLMC, along with government derivatives and cash equivalents. This institutional share class targets investors seeking global bond exposure without unhedged currency fluctuations, emphasizing credit quality at medium levels and moderate interest rate sensitivity in the global bond-USD hedged category.
Performance
PFONX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02849 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02919 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03205 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02712 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03137 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0336 | Sep 30, 2025 |