About PGNPX
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I-2 is an actively managed mutual fund focused on global fixed income. Its primary objective is maximum total return while preserving capital, achieved by investing across a wide range of bonds issued in both U.S. dollars and major foreign currencies, with most non‑U.S. currency exposure hedged back to the dollar to reduce exchange-rate volatility. The strategy is benchmark‑agnostic and flexible, allocating across sectors such as government, agency mortgage‑backed securities, corporates, and derivatives to manage interest‑rate and credit exposures. The fund resides in the Global Bond–USD Hedged category, typically maintaining significant exposure to non‑U.S. issuers while prioritizing investment‑grade quality, with the ability to tactically use lower‑quality bonds within defined limits. Managed by a seasoned team drawing on the firm’s global research platform, it employs duration and curve positioning, currency hedging, and securitized market expertise to seek diversified sources of fixed‑income return. The fund distributes income monthly and targets a risk profile aligned with below‑average volatility relative to peers, reflecting its hedged, diversified approach.
Fund Family PIMCO
Category World Bond-USD Hedged
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PGNPX
Share Class I-2
Index Bloomberg Global Aggregate TR USD Hedged
PGNPX had a total return of 7.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.35%.
