PIMCO Credit Opportunities Bond Fund Class INSTL (PCARX)
PIMCO Credit Opportunities Bond Fund Class INSTL operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $9.14, down 0.22% on the session, giving a market capitalisation of $454.9M. On trailing twelve-month figures it carries a trailing P/E of -19.45, a net margin of -45.9%. Its beta of 0.51 implies it has historically moved less than the broad market.
The fund is primarily dedicated to deploying at least 80% of its capital into a diverse array of fixed-income instruments spanning various maturities. This exposure can also be achieved through derivative instruments like options, futures contracts, or swap agreements. The portfolio has the flexibility to encompass both higher-quality, investment-grade debt and more speculative, high-yield securities (often referred to as "junk bonds"). However, its holdings in securities rated below B- by major credit agencies (Moody's, S&P, or Fitch) or deemed of comparable quality by PIMCO, are restricted to a maximum of 50% of its total assets.
PIMCO Credit Opportunities Bond Fund Class INSTL is most often compared with the following Financial Services names: