About PFUPX
PIMCO International Bond Fund (Unhedged) Class I-2 is a mutual fund specializing in global fixed income investments. Its primary objective is to achieve maximum total return while preserving capital through prudent investment management. The fund invests at least 80% of its assets in fixed income instruments that are economically tied to at least three non-U.S. countries, providing broad exposure to international bond markets. Unlike some global bond funds that hedge currency risk, this fund maintains unhedged positions, allowing returns to reflect both bond performance and movements in foreign exchange rates.
Notably, the fund is diversified across a wide range of holdings—over 1,100 fixed income securities as of year-end 2024—spanning developed and emerging markets. This structure enables access to various interest rate environments and credit qualities worldwide. Managed by PIMCO, a leader in investment management, the fund targets institutional investors with a minimum investment threshold of $1,000,000. Monthly income distributions are a hallmark, supported by a dividend yield of 4.10% as of the latest data. Since its inception in 2008, the fund has played a role in portfolios seeking diversification beyond U.S. markets, exposure to global interest rate cycles, and potential income from international sources.
Fund Family PIMCO
Category World Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PFUPX
Share Class I-2
Index Bloomberg Global Aggregate ex U.S. TR
PFUPX had a total return of -3.28% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.91%.
